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GEA Group AG (GEA Group AG) Cyclically Adjusted Book per Share : $16.71 (As of Mar. 2024)


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What is GEA Group AG 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.

GEA Group AG's adjusted book value per share for the three months ended in Mar. 2024 was $15.727. 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 $16.71 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GEA Group AG's average Cyclically Adjusted Book Growth Rate was 1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.30% 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 GEA Group AG was 4.80% per year. The lowest was 1.80% per year. And the median was 3.60% per year.

As of today (2024-06-07), GEA Group AG's current stock price is $41.32. GEA Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.71. GEA Group AG's Cyclically Adjusted PB Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GEA Group AG was 3.51. The lowest was 1.28. And the median was 2.35.


GEA Group AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for GEA Group AG'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.

GEA Group AG Cyclically Adjusted Book per Share Chart

GEA Group AG 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 12.05 15.77 14.77 15.32 16.45

GEA Group AG 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 15.38 17.08 16.32 16.45 16.71

Competitive Comparison of GEA Group AG's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, GEA Group AG'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.


GEA Group AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



GEA Group AG 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, GEA Group AG'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)
=15.727/125.0381*125.0381
=15.727

Current CPI (Mar. 2024) = 125.0381.

GEA Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.270 99.543 20.437
201409 16.271 99.823 20.381
201412 16.185 99.543 20.330
201503 14.935 99.717 18.728
201506 14.703 100.417 18.308
201509 15.453 100.417 19.242
201512 16.092 99.717 20.178
201603 16.236 100.017 20.298
201606 16.013 100.717 19.880
201609 16.128 101.017 19.963
201612 16.412 101.217 20.275
201703 16.785 101.417 20.694
201706 15.799 102.117 19.345
201709 16.269 102.717 19.804
201712 15.890 102.617 19.362
201803 16.804 102.917 20.416
201806 15.601 104.017 18.754
201809 16.008 104.718 19.114
201812 15.435 104.217 18.519
201903 15.561 104.217 18.670
201906 14.507 105.718 17.158
201909 14.517 106.018 17.121
201912 12.864 105.818 15.201
202003 12.924 105.718 15.286
202006 12.814 106.618 15.028
202009 13.446 105.818 15.888
202012 12.948 105.518 15.343
202103 13.543 107.518 15.750
202106 13.158 108.486 15.166
202109 13.357 109.435 15.261
202112 13.163 110.384 14.911
202203 13.565 113.968 14.883
202206 13.436 115.760 14.513
202209 13.276 118.818 13.971
202212 14.016 119.345 14.685
202303 14.524 122.402 14.837
202306 14.212 123.140 14.431
202309 15.014 124.195 15.116
202312 15.170 123.773 15.325
202403 15.727 125.038 15.727

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


GEA Group AG  (OTCPK:GEAGF) 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.

GEA Group AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.32/16.71
=2.47

* 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 GEA Group AG was 3.51. The lowest was 1.28. And the median was 2.35.


Be Aware

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


GEA Group AG Cyclically Adjusted Book per Share Related Terms

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


GEA Group AG (GEA Group AG) Business Description

Industry
Address
Peter-Muller-Strasse 12, Dusseldorf, DEU, 40468
GEA Group is one of the world's largest suppliers of processing systems and equipment for the food, beverage, and pharmaceutical industries. Across its five divisions, GEA designs and manufactures process engineering equipment and offers turnkey solutions for customers' processing lines or product(s). GEA also offers a comprehensive aftermarket offering spanning maintenance services and spare parts and components.