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Eagle Materials (STU:E5M) Cyclically Adjusted Book per Share : €29.28 (As of Mar. 2024)


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What is Eagle Materials 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.

Eagle Materials's adjusted book value per share for the three months ended in Mar. 2024 was €35.258. 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 €29.28 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Eagle Materials's average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.00% 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 Eagle Materials was 12.80% per year. The lowest was 3.60% per year. And the median was 10.20% per year.

As of today (2024-06-01), Eagle Materials's current stock price is €214.00. Eagle Materials's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €29.28. Eagle Materials's Cyclically Adjusted PB Ratio of today is 7.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Eagle Materials was 8.69. The lowest was 2.23. And the median was 5.78.


Eagle Materials Cyclically Adjusted Book per Share Historical Data

The historical data trend for Eagle Materials'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.

Eagle Materials Cyclically Adjusted Book per Share Chart

Eagle Materials Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.88 19.20 24.16 27.06 29.28

Eagle Materials 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 27.06 27.35 29.45 28.15 29.28

Competitive Comparison of Eagle Materials's Cyclically Adjusted Book per Share

For the Building Materials subindustry, Eagle Materials'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.


Eagle Materials's Cyclically Adjusted PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Eagle Materials's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eagle Materials 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, Eagle Materials'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)
=35.258/131.7762*131.7762
=35.258

Current CPI (Mar. 2024) = 131.7762.

Eagle Materials Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.740 100.560 16.695
201409 14.240 100.428 18.685
201412 15.695 99.070 20.876
201503 18.585 99.621 24.584
201506 18.547 100.684 24.275
201509 18.953 100.392 24.878
201512 19.537 99.792 25.799
201603 19.255 100.470 25.255
201606 19.430 101.688 25.179
201609 20.301 101.861 26.263
201612 22.786 101.863 29.477
201703 23.223 102.862 29.751
201706 23.009 103.349 29.338
201709 22.650 104.136 28.662
201712 24.590 104.011 31.154
201803 23.813 105.290 29.803
201806 25.575 106.317 31.699
201809 26.017 106.507 32.190
201812 27.001 105.998 33.568
201903 23.725 107.251 29.150
201906 21.757 108.070 26.530
201909 22.048 108.329 26.820
201912 19.393 108.420 23.571
202003 21.030 108.902 25.447
202006 22.711 108.767 27.515
202009 23.714 109.815 28.456
202012 24.719 109.897 29.640
202103 26.942 111.754 31.769
202106 27.429 114.631 31.531
202109 27.160 115.734 30.925
202112 27.201 117.630 30.472
202203 26.589 121.301 28.885
202206 28.054 125.017 29.571
202209 31.520 125.227 33.169
202212 30.358 125.222 31.947
202303 30.961 127.348 32.038
202306 32.247 128.729 33.010
202309 34.949 129.860 35.465
202312 35.461 129.419 36.107
202403 35.258 131.776 35.258

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


Eagle Materials  (STU:E5M) 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.

Eagle Materials's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=214.00/29.28
=7.31

* 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 Eagle Materials was 8.69. The lowest was 2.23. And the median was 5.78.


Be Aware

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


Eagle Materials Cyclically Adjusted Book per Share Related Terms

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


Eagle Materials (STU:E5M) Business Description

Traded in Other Exchanges
Address
5960 Berkshire Lane, Suite 900, Dallas, TX, USA, 75225
Eagle Materials Inc produces and sells construction products and building materials. Construction products include cement, slag, concrete, and aggregates and building materials include gypsum wallboard, and are sold to the construction and building industries. Basic materials used for oil and natural gas extraction include frac sand and oil well cement. The firm organizes itself into two sectors: Heavy Materials, which includes the Cement and Concrete and Aggregates segments, and Light Materials, which includes the Gypsum Wallboard and Recycled Paperboard segments.

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