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Rogers (FRA:RG6) Cyclically Adjusted Book per Share : €51.53 (As of Mar. 2024)


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What is Rogers Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

Rogers's adjusted book value per share for the three months ended in Mar. 2024 was €61.979. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €51.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rogers's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Rogers was 17.10% per year. The lowest was 2.50% per year. And the median was 8.50% per year.

As of today (2024-06-09), Rogers's current stock price is €109.00. Rogers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €51.53. Rogers's Cyclically Adjusted PB Ratio of today is 2.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rogers was 6.41. The lowest was 1.78. And the median was 3.16.


Rogers Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rogers's Cyclically Adjusted Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rogers Cyclically Adjusted Book per Share Chart

Rogers Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 31.08 29.84 38.78 47.32 49.51

Rogers Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 47.03 48.49 50.94 49.51 51.53

Competitive Comparison of Rogers's Cyclically Adjusted Book per Share

For the Electronic Components subindustry, Rogers's Cyclically Adjusted PB Ratio, along with its competitors' market caps and Cyclically Adjusted PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rogers's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rogers's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Rogers's Cyclically Adjusted PB Ratio falls into.



Rogers Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get Cyclically Adjusted Book per Share.

Please note that we use the CPI data of the country/region where the company is headquartered. If the CPI data for that country/region is not available, then we will use the CPI data of the United States as default.

For example, Rogers's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=61.979/131.7762*131.7762
=61.979

Current CPI (Mar. 2024) = 131.7762.

Rogers Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.119 100.560 31.606
201409 25.334 100.428 33.242
201412 25.881 99.070 34.425
201503 28.461 99.621 37.647
201506 28.660 100.684 37.511
201509 28.547 100.392 37.471
201512 29.885 99.792 39.463
201603 30.453 100.470 39.942
201606 30.274 101.688 39.232
201609 31.224 101.861 40.394
201612 33.446 101.863 43.268
201703 35.047 102.862 44.899
201706 35.199 103.349 44.881
201709 34.591 104.136 43.772
201712 35.484 104.011 44.956
201803 35.285 105.290 44.161
201806 37.481 106.317 46.456
201809 38.511 106.507 47.648
201812 40.537 105.998 50.395
201903 41.436 107.251 50.911
201906 42.799 108.070 52.188
201909 44.717 108.329 54.396
201912 45.245 108.420 54.992
202003 45.478 108.902 55.031
202006 45.788 108.767 55.474
202009 44.870 109.815 53.843
202012 44.925 109.897 53.869
202103 46.725 111.754 55.096
202106 47.731 114.631 54.870
202109 49.889 115.734 56.804
202112 52.868 117.630 59.226
202203 53.963 121.301 58.623
202206 55.649 125.017 58.658
202209 58.513 125.227 61.573
202212 59.591 125.222 62.710
202303 59.138 127.348 61.194
202306 59.776 128.729 61.191
202309 60.934 129.860 61.833
202312 62.015 129.419 63.144
202403 61.979 131.776 61.979

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Rogers  (FRA:RG6) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

Rogers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=109.00/51.53
=2.12

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rogers was 6.41. The lowest was 1.78. And the median was 3.16.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Rogers Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Rogers's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Rogers (FRA:RG6) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Rogers Corp (FRA:RG6) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
2225 West Chandler Boulevard, Chandler, AZ, USA, 85224-6155
Rogers Corporation designs develop and manufacture engineered materials and components for sale to original equipment manufacturers and component suppliers. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world.

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