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WestRock Co (LTS:0LW9) Cyclically Adjusted Book per Share : $49.28 (As of Mar. 2024)


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What is WestRock Co 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.

WestRock Co's adjusted book value per share for the three months ended in Mar. 2024 was $38.994. 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 $49.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, WestRock Co's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.00% 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 WestRock Co was 18.90% per year. The lowest was 3.50% per year. And the median was 11.10% per year.

As of today (2024-06-06), WestRock Co's current stock price is $53.61. WestRock Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $49.28. WestRock Co's Cyclically Adjusted PB Ratio of today is 1.09.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of WestRock Co was 4.15. The lowest was 0.57. And the median was 1.47.


WestRock Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for WestRock Co'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.

WestRock Co Cyclically Adjusted Book per Share Chart

WestRock Co Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.24 40.87 43.62 46.85 48.74

WestRock Co 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 47.68 48.26 48.74 48.64 49.28

Competitive Comparison of WestRock Co's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, WestRock Co'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.


WestRock Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, WestRock Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



WestRock Co 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, WestRock Co'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)
=38.994/131.7762*131.7762
=38.994

Current CPI (Mar. 2024) = 131.7762.

WestRock Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.553 100.560 41.348
201409 30.763 100.428 40.366
201412 31.362 99.070 41.716
201503 31.438 99.621 41.585
201506 32.336 100.684 42.322
201509 45.338 100.392 59.512
201512 43.042 99.792 56.837
201603 43.326 100.470 56.826
201606 39.416 101.688 51.079
201609 38.760 101.861 50.143
201612 38.191 101.863 49.406
201703 38.584 102.862 49.430
201706 39.972 103.349 50.967
201709 40.639 104.136 51.426
201712 44.541 104.011 56.431
201803 45.039 105.290 56.369
201806 44.663 106.317 55.358
201809 45.244 106.507 55.978
201812 45.469 105.998 56.527
201903 45.313 107.251 55.675
201906 45.969 108.070 56.053
201909 45.267 108.329 55.065
201912 45.763 108.420 55.621
202003 44.299 108.902 53.604
202006 45.137 108.767 54.685
202009 40.824 109.815 48.988
202012 41.637 109.897 49.927
202103 41.564 111.754 49.011
202106 42.904 114.631 49.321
202109 44.039 115.734 50.143
202112 44.442 117.630 49.787
202203 44.653 121.301 48.509
202206 45.057 125.017 47.493
202209 44.819 125.227 47.163
202212 45.304 125.222 47.675
202303 37.655 127.348 38.964
202306 39.047 128.729 39.971
202309 39.316 129.860 39.896
202312 39.561 129.419 40.281
202403 38.994 131.776 38.994

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


WestRock Co  (LTS:0LW9) 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.

WestRock Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.61/49.28
=1.09

* 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 WestRock Co was 4.15. The lowest was 0.57. And the median was 1.47.


Be Aware

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


WestRock Co Cyclically Adjusted Book per Share Related Terms

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


WestRock Co (LTS:0LW9) Business Description

Traded in Other Exchanges
Address
1000 Abernathy Road, North East, Atlanta, GA, USA, 30328
WestRock manufactures corrugated packaging and consumer packaging, such as folding cartons and paperboard. After the merger of RockTenn and MeadWestvaco in fall 2015, WestRock became the largest North American producer of solid bleached sulfate and the second-largest producer of containerboard, which is used in the production of shipping containers.

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