GURUFOCUS.COM » STOCK LIST » Industrials » Waste Management » Enviri Corp (NYSE:NVRI) » Definitions » Cyclically Adjusted Book per Share

Enviri (Enviri) Cyclically Adjusted Book per Share : $6.53 (As of Mar. 2024)


View and export this data going back to 1956. Start your Free Trial

What is Enviri 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.

Enviri's adjusted book value per share for the three months ended in Mar. 2024 was $6.275. 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 $6.53 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Enviri's average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -8.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -9.80% 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 Enviri was 9.10% per year. The lowest was -13.30% per year. And the median was 5.60% per year.

As of today (2024-05-20), Enviri's current stock price is $8.24. Enviri's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.53. Enviri's Cyclically Adjusted PB Ratio of today is 1.26.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enviri was 3.03. The lowest was 0.27. And the median was 1.43.


Enviri Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enviri'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.

Enviri Cyclically Adjusted Book per Share Chart

Enviri 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 8.95 7.82 7.12 6.67 6.48

Enviri 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 6.63 6.56 6.57 6.48 6.53

Competitive Comparison of Enviri's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Enviri'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.


Enviri's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Enviri's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Enviri 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, Enviri'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)
=6.275/131.7762*131.7762
=6.275

Current CPI (Mar. 2024) = 131.7762.

Enviri Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.589 100.560 8.634
201409 6.685 100.428 8.772
201412 3.813 99.070 5.072
201503 3.766 99.621 4.982
201506 3.318 100.684 4.343
201509 2.870 100.392 3.767
201512 3.391 99.792 4.478
201603 3.515 100.470 4.610
201606 3.247 101.688 4.208
201609 3.130 101.861 4.049
201612 1.201 101.863 1.554
201703 1.567 102.862 2.007
201706 1.790 103.349 2.282
201709 2.076 104.136 2.627
201712 2.119 104.011 2.685
201803 2.459 105.290 3.078
201806 2.767 106.317 3.430
201809 3.257 106.507 4.030
201812 3.372 105.998 4.192
201903 3.579 107.251 4.397
201906 3.746 108.070 4.568
201909 8.978 108.329 10.921
201912 9.445 108.420 11.480
202003 9.011 108.902 10.904
202006 9.064 108.767 10.981
202009 9.051 109.815 10.861
202012 8.326 109.897 9.984
202103 8.337 111.754 9.831
202106 8.757 114.631 10.067
202109 8.782 115.734 9.999
202112 9.445 117.630 10.581
202203 9.101 121.301 9.887
202206 7.470 125.017 7.874
202209 7.229 125.227 7.607
202212 7.164 125.222 7.539
202303 7.142 127.348 7.390
202306 7.241 128.729 7.412
202309 7.061 129.860 7.165
202312 6.553 129.419 6.672
202403 6.275 131.776 6.275

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


Enviri  (NYSE:NVRI) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.24/6.53
=1.26

* 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 Enviri was 3.03. The lowest was 0.27. And the median was 1.43.


Be Aware

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


Enviri Cyclically Adjusted Book per Share Related Terms

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


Enviri (Enviri) Business Description

Industry
Traded in Other Exchanges
Address
100-120 North 18th Street, Two Logan Square, 17th Floor, Philadelphia, PA, USA, 19103
Enviri Corp engages in providing a broad range of environmental services and related solutions. The company's current operations consist of three divisions: Harsco Environmental, Harsco Rail, and Clean Earth The company serves a diverse customer base by offering critical recycle and reuse solutions for their waste streams, enabling customers to address their complex environmental challenges.
Executives
Tom George Vadaketh officer: SVP and CFO 1727 JOCKEYS WAY, YARDLEY PA 19067
Peter Francis Minan officer: Chief Financial Officer 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Rebecca Martinez O'mara director KADANT INC., 1 TECHNOLOGY PARK DRIVE, WESTFORD MA 01886
Timothy M Laurion director 100 N. 18TH STREET, SUITE 1700, PHILADELPHIA PA 19103
Jeffrey A Beswick officer: SVP & Grp. Pres., Clean Earth 933 FIRST AVENUE, SUITE 200, KING OF PRUSSIA PA 19406
Jennifer Ott Kozak officer: Senior Vice President & CHRO 100-120 NORTH 18TH STREET, 17TH FLOOR, PHILADELPHIA PA 19103
Grasberger F Nicholas Iii officer: Sr. V.P. & CFO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Anshooman Aga officer: SVP and CFO PO BOX 85587, SAN DIEGO CA 92186-5587
David Stanton officer: SVP & Group Pres. Clean Earth SOUTHWEST WATER COMPANY, 624 SOUTH GRAND AVE, SUITE 2900, LOS ANGELES CA 90017
Russell C. Hochman officer: SVP, GC, CCO and Corp. Sec. 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
John S Quinn director C/O ALLIED WASTE INDUSTRIES, INC., 15880 N. GREENWAY-HAYDEN LOOP, SUITE 100, SCOTTSDALE AZ 85260
Wendy A. Livingston officer: Senior Vice President and CHRO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Purvis Edgar M Jr director 8000 W. FLORISSANT AVENUE, ST. LOUIS MO 63136
Tracey L. Mckenzie officer: Vice President & CHRO 350 POPLAR CHURCH ROAD, CAMP HILL PA 17011
Phillip Widman director C/O TEREX CORP, 200 NYALA FARM ROAD, WESTPORT CT 06880