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Broadwind (STU:9IRA) Cyclically Adjusted Book per Share : €4.06 (As of Mar. 2024)


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What is Broadwind 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.

Broadwind's adjusted book value per share for the three months ended in Mar. 2024 was €2.464. 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 €4.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Broadwind's average Cyclically Adjusted Book Growth Rate was -9.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -8.60% 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 -9.70% 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 Broadwind was 17.30% per year. The lowest was -21.50% per year. And the median was -0.15% per year.

As of today (2024-06-10), Broadwind's current stock price is €3.445. Broadwind's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.06. Broadwind's Cyclically Adjusted PB Ratio of today is 0.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Broadwind was 1.84. The lowest was 0.11. And the median was 0.40.


Broadwind Cyclically Adjusted Book per Share Historical Data

The historical data trend for Broadwind'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.

Broadwind Cyclically Adjusted Book per Share Chart

Broadwind 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 6.53 4.72 4.64 4.62 4.25

Broadwind 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 4.53 4.21 4.41 4.25 4.06

Competitive Comparison of Broadwind's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Broadwind'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.


Broadwind's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Broadwind's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Broadwind 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, Broadwind'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)
=2.464/131.7762*131.7762
=2.464

Current CPI (Mar. 2024) = 131.7762.

Broadwind Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.819 100.560 6.315
201409 4.975 100.428 6.528
201412 4.919 99.070 6.543
201503 5.280 99.621 6.984
201506 5.194 100.684 6.798
201509 4.732 100.392 6.211
201512 4.204 99.792 5.551
201603 4.087 100.470 5.360
201606 4.020 101.688 5.209
201609 4.074 101.861 5.270
201612 4.363 101.863 5.644
201703 4.689 102.862 6.007
201706 4.415 103.349 5.629
201709 4.030 104.136 5.100
201712 3.671 104.011 4.651
201803 3.252 105.290 4.070
201806 3.095 106.317 3.836
201809 3.046 106.507 3.769
201812 2.426 105.998 3.016
201903 2.367 107.251 2.908
201906 2.311 108.070 2.818
201909 2.323 108.329 2.826
201912 2.216 108.420 2.693
202003 2.285 108.902 2.765
202006 2.257 108.767 2.734
202009 2.117 109.815 2.540
202012 1.973 109.897 2.366
202103 2.085 111.754 2.459
202106 2.517 114.631 2.893
202109 2.494 115.734 2.840
202112 2.412 117.630 2.702
202203 2.349 121.301 2.552
202206 2.296 125.017 2.420
202209 2.375 125.227 2.499
202212 2.095 125.222 2.205
202303 2.122 127.348 2.196
202306 2.140 128.729 2.191
202309 2.380 129.860 2.415
202312 2.382 129.419 2.425
202403 2.464 131.776 2.464

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


Broadwind  (STU:9IRA) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3.445/4.06
=0.85

* 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 Broadwind was 1.84. The lowest was 0.11. And the median was 0.40.


Be Aware

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


Broadwind Cyclically Adjusted Book per Share Related Terms

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


Broadwind (STU:9IRA) Business Description

Industry
Traded in Other Exchanges
Address
3240 S. Central Avenue, Cicero, IL, USA, 60804
Broadwind Inc is a precision manufacturer of structures, equipment and components for clean technology and other specialized applications. The company provide technologically high value products to customers with complex systems and stringent quality standards that operate in energy, mining and infrastructure sectors, in the United States of America. It capabilities include heavy fabrications, welding, metal rolling, coatings, gear cutting and shaping, gearbox manufacturing and repair, heat treat, assembly, engineering and packaging solutions. It operates through three operating segments namely Heavy Fabrications, Gearing and Industrial Solutions.

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