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Rush Enterprises (Rush Enterprises) Cyclically Adjusted Book per Share : $16.50 (As of Mar. 2024)


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What is Rush Enterprises 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.

Rush Enterprises's adjusted book value per share for the three months ended in Mar. 2024 was $24.647. 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 $16.50 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Rush Enterprises's average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 Rush Enterprises was 15.10% per year. The lowest was 6.90% per year. And the median was 10.50% per year.

As of today (2024-05-20), Rush Enterprises's current stock price is $42.59. Rush Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.50. Rush Enterprises's Cyclically Adjusted PB Ratio of today is 2.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Rush Enterprises was 3.36. The lowest was 1.07. And the median was 2.38.


Rush Enterprises Cyclically Adjusted Book per Share Historical Data

The historical data trend for Rush Enterprises'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.

Rush Enterprises Cyclically Adjusted Book per Share Chart

Rush Enterprises 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 9.29 9.54 11.78 15.14 16.77

Rush Enterprises 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 16.05 16.95 17.33 16.77 16.50

Competitive Comparison of Rush Enterprises's Cyclically Adjusted Book per Share

For the Auto & Truck Dealerships subindustry, Rush Enterprises'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.


Rush Enterprises's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Rush Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rush Enterprises 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, Rush Enterprises'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)
=24.647/131.7762*131.7762
=24.647

Current CPI (Mar. 2024) = 131.7762.

Rush Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.941 100.560 10.406
201409 8.224 100.428 10.791
201412 8.516 99.070 11.327
201503 8.663 99.621 11.459
201506 8.913 100.684 11.665
201509 9.162 100.392 12.026
201512 9.295 99.792 12.274
201603 9.285 100.470 12.178
201606 9.451 101.688 12.247
201609 9.623 101.861 12.449
201612 9.770 101.863 12.639
201703 9.871 102.862 12.646
201706 10.087 103.349 12.862
201709 10.434 104.136 13.203
201712 11.614 104.011 14.714
201803 11.695 105.290 14.637
201806 12.057 106.317 14.944
201809 12.457 106.507 15.413
201812 12.816 105.998 15.933
201903 13.027 107.251 16.006
201906 13.589 108.070 16.570
201909 13.965 108.329 16.988
201912 14.238 108.420 17.305
202003 14.411 108.902 17.438
202006 14.593 108.767 17.680
202009 14.948 109.815 17.937
202012 15.377 109.897 18.438
202103 15.714 111.754 18.529
202106 16.290 114.631 18.726
202109 16.972 115.734 19.324
202112 17.617 117.630 19.736
202203 18.495 121.301 20.092
202206 19.501 125.017 20.555
202209 20.287 125.227 21.348
202212 21.367 125.222 22.485
202303 22.166 127.348 22.937
202306 23.109 128.729 23.656
202309 23.733 129.860 24.083
202312 24.039 129.419 24.477
202403 24.647 131.776 24.647

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


Rush Enterprises  (NAS:RUSHB) 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.

Rush Enterprises's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.59/16.5
=2.58

* 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 Rush Enterprises was 3.36. The lowest was 1.07. And the median was 2.38.


Be Aware

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


Rush Enterprises Cyclically Adjusted Book per Share Related Terms

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


Rush Enterprises (Rush Enterprises) Business Description

Traded in Other Exchanges
Address
555 IH-35 South, Suite 500, New Braunfels, TX, USA, 78130
Rush Enterprises Inc is a full-service, integrated retailer of commercial vehicles and related services. The company operates in a single segment; Truck Segment includes the operation of a network of commercial vehicle dealerships under the name Rush Truck Centers. It sells commercial vehicles manufactured by Peterbilt, International, Hino, Ford, Isuzu, IC Bus, and Blue Bird and also provides one-stop service for the needs of commercial vehicle customers, including retail sales of new and used commercial vehicles, aftermarket parts sales, service and repair facilities, financing, leasing and rental, and insurance products. The company's business is concentrated in the United States commercial vehicle markets and related aftermarkets.