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Kewaunee Scientific (Kewaunee Scientific) Cyclically Adjusted Book per Share : $17.48 (As of Jan. 2024)


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What is Kewaunee Scientific 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.

Kewaunee Scientific's adjusted book value per share for the three months ended in Jan. 2024 was $15.333. 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 $17.48 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Kewaunee Scientific'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 4.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.80% 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 Kewaunee Scientific was 5.60% per year. The lowest was -1.40% per year. And the median was 3.70% per year.

As of today (2024-05-17), Kewaunee Scientific's current stock price is $38.76. Kewaunee Scientific's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $17.48. Kewaunee Scientific's Cyclically Adjusted PB Ratio of today is 2.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Kewaunee Scientific was 2.57. The lowest was 0.47. And the median was 1.33.


Kewaunee Scientific Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kewaunee Scientific'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.

Kewaunee Scientific Cyclically Adjusted Book per Share Chart

Kewaunee Scientific Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.74 15.00 15.59 16.75 17.29

Kewaunee Scientific Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 17.12 17.29 17.37 17.45 17.48

Competitive Comparison of Kewaunee Scientific's Cyclically Adjusted Book per Share

For the Furnishings, Fixtures & Appliances subindustry, Kewaunee Scientific'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.


Kewaunee Scientific's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Kewaunee Scientific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kewaunee Scientific 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, Kewaunee Scientific's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=15.333/130.1244*130.1244
=15.333

Current CPI (Jan. 2024) = 130.1244.

Kewaunee Scientific Quarterly Data

Book Value per Share CPI Adj_Book
201404 12.966 100.023 16.868
201407 13.339 100.520 17.267
201410 13.635 100.176 17.711
201501 13.651 98.604 18.015
201504 13.261 99.824 17.286
201507 13.513 100.691 17.463
201510 13.502 100.346 17.509
201601 13.598 99.957 17.702
201604 14.243 100.947 18.360
201607 14.574 101.524 18.680
201610 14.893 101.988 19.002
201701 14.867 102.456 18.882
201704 15.812 103.167 19.944
201707 16.133 103.278 20.327
201710 16.515 104.070 20.650
201801 16.760 104.578 20.854
201804 17.464 105.708 21.498
201807 17.490 106.324 21.405
201810 17.828 106.695 21.743
201901 17.853 106.200 21.875
201904 17.146 107.818 20.693
201907 17.201 108.250 20.677
201910 16.170 108.577 19.379
202001 15.503 108.841 18.535
202004 13.964 108.173 16.798
202007 13.738 109.318 16.353
202010 13.711 109.861 16.240
202101 13.773 110.364 16.239
202104 14.926 112.673 17.238
202107 14.358 115.183 16.221
202110 13.263 116.696 14.789
202201 12.848 118.619 14.094
202204 12.794 121.978 13.648
202207 12.261 125.002 12.763
202210 12.156 125.734 12.580
202301 12.492 126.223 12.878
202304 13.219 127.992 13.439
202307 13.578 128.974 13.699
202310 14.510 129.810 14.545
202401 15.333 130.124 15.333

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


Kewaunee Scientific  (NAS:KEQU) 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.

Kewaunee Scientific's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.76/17.48
=2.22

* 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 Kewaunee Scientific was 2.57. The lowest was 0.47. And the median was 1.33.


Be Aware

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


Kewaunee Scientific Cyclically Adjusted Book per Share Related Terms

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


Kewaunee Scientific (Kewaunee Scientific) Business Description

Traded in Other Exchanges
Address
2700 West Front street, Statesville, NC, USA, 28677-2927
Kewaunee Scientific Corp is engaged in the design, manufacture, and installation of laboratory, healthcare, and technical furniture products. The company operates through two segments: Domestic and International. The Domestic business segment designs manufacture and install scientific and technical furniture, including steel and wood laboratory cabinetry, fume hoods, laminate casework, flexible systems, work surfaces, workstations, workbenches, and computer enclosures. The International business segment provides facility design, engineering, construction and project management from the planning stage through the testing and commissioning of laboratories. The company generates a majority of its revenue from the Domestic business segment.
Executives
Douglas J. Batdorff officer: VP of Manufacturing Operations 2700 WEST FRONT STREET, STATESVILLE NC 28677
Ryan S. Noble officer: VP-Sales & Marketing-Americas 2700 WEST FRONT STREET, STATESVILLE NC 28677
Elizabeth D Phillips officer: VP - Human Resources 2700 WEST FRONT STREET, STATESVILLE NC 28677
John Russell director 2331 MOHAWK LANE, GLENVIEW IL 60026
Hull Thomas David Iii director, officer: President, CEO 2700 WEST FRONT STREET, STATESVILLE NC 28677
Gardner Donald T. Iii officer: Chief Financial Officer 2700 WEST FRONT STREET, STATESVILLE NC 28677
Keith M Gehl director PO BOX 1017, CHARLOTTE NC 26201-1017
David Rhind director 1450 NORTH DEARBORN STREET, APT. 1A, CHICAGO IL 60610
Margaret B Pyle director 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Donald F. Shaw director 662 EAST SUNBURST LANE, TEMPE AZ 85284-1599
Mandar Ranade officer: VP-Information Technology 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Michael G. Rok officer: VP of Manufacturing Operations 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Lisa L. Ryan officer: VP-Construction/Cust. Servs. 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Kurt P Rindoks officer: VP - Engineering/Prod. Dev. 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927
Bhoopathy Sathyamurthy officer: VP-Managing Director-Int'l Ops 2700 WEST FRONT STREET, STATESVILLE NC 28677-2927