GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Acadian Timber Corp (STU:779) » Definitions » Cyclically Adjusted Book per Share

Acadian Timber (STU:779) Cyclically Adjusted Book per Share : €12.89 (As of Mar. 2024)


View and export this data going back to 2017. Start your Free Trial

What is Acadian Timber 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.

Acadian Timber's adjusted book value per share for the three months ended in Mar. 2024 was €12.725. 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 €12.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Acadian Timber's average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.60% 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 Acadian Timber was 8.20% per year. The lowest was 6.10% per year. And the median was 7.65% per year.

As of today (2024-05-23), Acadian Timber's current stock price is €11.60. Acadian Timber's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.89. Acadian Timber's Cyclically Adjusted PB Ratio of today is 0.90.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Acadian Timber was 1.83. The lowest was 0.83. And the median was 1.19.


Acadian Timber Cyclically Adjusted Book per Share Historical Data

The historical data trend for Acadian Timber'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.

Acadian Timber Cyclically Adjusted Book per Share Chart

Acadian Timber 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 9.62 9.72 11.20 12.03 12.31

Acadian Timber 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 12.16 12.33 12.78 12.31 12.89

Competitive Comparison of Acadian Timber's Cyclically Adjusted Book per Share

For the Lumber & Wood Production subindustry, Acadian Timber'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.


Acadian Timber's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Acadian Timber's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Acadian Timber 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, Acadian Timber'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)
=12.725/126.2576*126.2576
=12.725

Current CPI (Mar. 2024) = 126.2576.

Acadian Timber Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.354 99.473 9.334
201409 7.647 99.394 9.714
201412 10.450 98.367 13.413
201503 11.092 99.789 14.034
201506 10.818 100.500 13.591
201509 10.250 100.421 12.887
201512 10.685 99.947 13.498
201603 10.618 101.054 13.266
201606 10.748 102.002 13.304
201609 10.575 101.765 13.120
201612 11.378 101.449 14.160
201703 11.166 102.634 13.736
201706 10.644 103.029 13.044
201709 10.756 103.345 13.141
201712 10.841 103.345 13.245
201803 10.369 105.004 12.468
201806 10.764 105.557 12.875
201809 10.813 105.636 12.924
201812 11.385 105.399 13.638
201903 11.448 106.979 13.511
201906 11.442 107.690 13.415
201909 11.198 107.611 13.138
201912 11.742 107.769 13.756
202003 11.258 107.927 13.170
202006 11.230 108.401 13.080
202009 10.896 108.164 12.719
202012 11.277 108.559 13.115
202103 11.726 110.298 13.423
202106 11.831 111.720 13.371
202109 11.667 112.905 13.047
202112 12.077 113.774 13.402
202203 12.475 117.646 13.388
202206 12.895 120.806 13.477
202209 13.290 120.648 13.908
202212 12.445 120.964 12.990
202303 12.336 122.702 12.693
202306 12.493 124.203 12.700
202309 12.511 125.230 12.614
202312 12.689 125.072 12.809
202403 12.725 126.258 12.725

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


Acadian Timber  (STU:779) 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.

Acadian Timber's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=11.60/12.89
=0.90

* 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 Acadian Timber was 1.83. The lowest was 0.83. And the median was 1.19.


Be Aware

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


Acadian Timber Cyclically Adjusted Book per Share Related Terms

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


Acadian Timber (STU:779) Business Description

Industry
Traded in Other Exchanges
Address
365 Canada Road, Edmundston, NB, CAN, E3V 1W2
Acadian Timber Corp is a Canada-based supplier of primary forest products in Eastern Canada and the Northeastern United States. The company's operating segments include NB Timberlands and Maine Timberlands. It generates maximum revenue from the NB Timberlands segment. The company's product includes softwood and hardwood sawlogs, pulpwood and biomass by-products.

Acadian Timber (STU:779) Headlines

No Headlines