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Green Plains (LTS:0J0P) Cyclically Adjusted Book per Share : $23.86 (As of Mar. 2024)


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What is Green Plains 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.

Green Plains's adjusted book value per share for the three months ended in Mar. 2024 was $13.734. 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 $23.86 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Green Plains's average Cyclically Adjusted Book Growth Rate was -0.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.50% 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 Green Plains was 9.10% per year. The lowest was 3.90% per year. And the median was 5.70% per year.

As of today (2024-06-10), Green Plains's current stock price is $16.665. Green Plains's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $23.86. Green Plains's Cyclically Adjusted PB Ratio of today is 0.70.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Green Plains was 2.25. The lowest was 0.20. And the median was 1.16.


Green Plains Cyclically Adjusted Book per Share Historical Data

The historical data trend for Green Plains'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.

Green Plains Cyclically Adjusted Book per Share Chart

Green Plains 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 18.91 25.62 23.68 23.39 23.88

Green Plains 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 23.49 23.85 24.45 23.88 23.86

Competitive Comparison of Green Plains's Cyclically Adjusted Book per Share

For the Chemicals subindustry, Green Plains'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.


Green Plains's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Green Plains's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Green Plains 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, Green Plains'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)
=13.734/131.7762*131.7762
=13.734

Current CPI (Mar. 2024) = 131.7762.

Green Plains Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.831 100.560 24.677
201409 20.562 100.428 26.980
201412 21.204 99.070 28.204
201503 20.901 99.621 27.647
201506 21.195 100.684 27.740
201509 21.374 100.392 28.056
201512 21.057 99.792 27.806
201603 19.993 100.470 26.223
201606 20.572 101.688 26.659
201609 22.168 101.861 28.678
201612 22.482 101.863 29.084
201703 22.025 102.862 28.216
201706 21.077 103.349 26.874
201709 21.813 104.136 27.603
201712 22.933 104.011 29.055
201803 22.460 105.290 28.110
201806 22.240 106.317 27.566
201809 21.702 106.507 26.851
201812 23.036 105.998 28.638
201903 21.942 107.251 26.960
201906 23.022 108.070 28.072
201909 21.713 108.329 26.413
201912 20.868 108.420 25.363
202003 21.582 108.902 26.115
202006 20.805 108.767 25.206
202009 19.230 109.815 23.076
202012 18.141 109.897 21.753
202103 17.643 111.754 20.804
202106 17.931 114.631 20.613
202109 18.126 115.734 20.638
202112 17.735 117.630 19.868
202203 16.546 121.301 17.975
202206 17.295 125.017 18.230
202209 16.228 125.227 17.077
202212 15.347 125.222 16.150
202303 13.829 127.348 14.310
202306 13.069 128.729 13.378
202309 13.915 129.860 14.120
202312 14.175 129.419 14.433
202403 13.734 131.776 13.734

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


Green Plains  (LTS:0J0P) 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.

Green Plains's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.665/23.86
=0.70

* 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 Green Plains was 2.25. The lowest was 0.20. And the median was 1.16.


Be Aware

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


Green Plains Cyclically Adjusted Book per Share Related Terms

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


Green Plains (LTS:0J0P) Business Description

Industry
Traded in Other Exchanges
Address
1811 Aksarben Drive, Omaha, NE, USA, 68106
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The partnership segment provides fuel storage and transportation services.

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