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Xylem (FRA:XY6) Cyclically Adjusted Book per Share : €18.56 (As of Mar. 2024)


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What is Xylem 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.

Xylem's adjusted book value per share for the three months ended in Mar. 2024 was €38.678. 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 €18.56 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Xylem's average Cyclically Adjusted Book Growth Rate was 17.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 Xylem was 11.40% per year. The lowest was 7.00% per year. And the median was 9.20% per year.

As of today (2024-05-15), Xylem's current stock price is €132.05. Xylem's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.56. Xylem's Cyclically Adjusted PB Ratio of today is 7.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Xylem was 9.43. The lowest was 4.24. And the median was 6.17.


Xylem Cyclically Adjusted Book per Share Historical Data

The historical data trend for Xylem'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.

Xylem Cyclically Adjusted Book per Share Chart

Xylem 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 11.98 11.09 13.22 15.64 17.34

Xylem 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 15.51 16.42 17.65 17.34 18.56

Competitive Comparison of Xylem's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Xylem'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.


Xylem's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Xylem's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Xylem 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, Xylem'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)
=38.678/129.4194*129.4194
=38.678

Current CPI (Mar. 2024) = 129.4194.

Xylem Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.044 100.560 11.640
201409 9.356 100.428 12.057
201412 9.462 99.070 12.361
201503 10.137 99.621 13.169
201506 10.211 100.684 13.125
201509 10.147 100.392 13.081
201512 10.724 99.792 13.908
201603 10.837 100.470 13.960
201606 10.797 101.688 13.741
201609 11.061 101.861 14.054
201612 11.566 101.863 14.695
201703 11.712 102.862 14.736
201706 11.726 103.349 14.684
201709 11.506 104.136 14.300
201712 11.757 104.011 14.629
201803 11.449 105.290 14.073
201806 11.977 106.317 14.580
201809 12.481 106.507 15.166
201812 13.540 105.998 16.532
201903 13.755 107.251 16.598
201906 14.221 108.070 17.030
201909 14.550 108.329 17.383
201912 14.769 108.420 17.630
202003 14.146 108.902 16.811
202006 14.096 108.767 16.772
202009 13.515 109.815 15.928
202012 13.524 109.897 15.926
202103 13.706 111.754 15.873
202106 14.010 114.631 15.817
202109 14.582 115.734 16.306
202112 15.787 117.630 17.369
202203 16.123 121.301 17.202
202206 16.782 125.017 17.373
202209 18.020 125.227 18.623
202212 18.304 125.222 18.918
202303 18.504 127.348 18.805
202306 37.959 128.729 38.163
202309 38.640 129.860 38.509
202312 38.585 129.419 38.585
202403 38.678 129.419 38.678

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


Xylem  (FRA:XY6) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.05/18.56
=7.11

* 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 Xylem was 9.43. The lowest was 4.24. And the median was 6.17.


Be Aware

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


Xylem Cyclically Adjusted Book per Share Related Terms

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


Xylem (FRA:XY6) Business Description

Industry
Traded in Other Exchanges
Address
300 Water Street SE, Washington, DC, USA, 20003
Xylem is a global leader in water technology and offers a wide range of solutions, including the transport, treatment, testing, and efficient use of water for customers in the utility, industrial, commercial, and residential sectors. Xylem was spun off from ITT in 2011. Based in Rye Brook, New York, Xylem has a presence in over 150 countries and employs 16,200. The company generated $5.5 billion in revenue and $672 million in adjusted operating income in 2022.

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