GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Sensient Technologies Corp (STU:SSF) » Definitions » Cyclically Adjusted Book per Share

Sensient Technologies (STU:SSF) Cyclically Adjusted Book per Share : €23.48 (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Sensient Technologies 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.

Sensient Technologies's adjusted book value per share for the three months ended in Mar. 2024 was €23.134. 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 €23.48 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sensient Technologies's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.60% 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 Sensient Technologies was 9.10% per year. The lowest was 1.40% per year. And the median was 5.40% per year.

As of today (2024-06-08), Sensient Technologies's current stock price is €69.50. Sensient Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €23.48. Sensient Technologies's Cyclically Adjusted PB Ratio of today is 2.96.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sensient Technologies was 4.32. The lowest was 1.71. And the median was 3.06.


Sensient Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sensient Technologies'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.

Sensient Technologies Cyclically Adjusted Book per Share Chart

Sensient Technologies 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 - - - - 23.00

Sensient Technologies 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 23.21 23.32 24.50 23.00 23.48

Competitive Comparison of Sensient Technologies's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Sensient Technologies'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.


Sensient Technologies's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Sensient Technologies 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, Sensient Technologies'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)
=23.134/131.7762*131.7762
=23.134

Current CPI (Mar. 2024) = 131.7762.

Sensient Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.500 100.560 22.933
201409 17.730 100.428 23.264
201412 17.903 99.070 23.813
201503 18.679 99.621 24.708
201506 17.813 100.684 23.314
201509 17.184 100.392 22.556
201512 17.325 99.792 22.878
201603 17.378 100.470 22.793
201606 17.138 101.688 22.209
201609 17.571 101.861 22.731
201612 17.909 101.863 23.168
201703 17.953 102.862 22.999
201706 17.930 103.349 22.862
201709 16.973 104.136 21.478
201712 16.673 104.011 21.124
201803 15.851 105.290 19.838
201806 16.531 106.317 20.490
201809 17.154 106.507 21.224
201812 17.902 105.998 22.256
201903 18.355 107.251 22.552
201906 18.769 108.070 22.886
201909 19.239 108.329 23.403
201912 18.770 108.420 22.813
202003 18.004 108.902 21.786
202006 18.045 108.767 21.862
202009 17.975 109.815 21.570
202012 18.153 109.897 21.767
202103 18.390 111.754 21.685
202106 18.592 114.631 21.373
202109 19.000 115.734 21.634
202112 19.846 117.630 22.233
202203 20.775 121.301 22.569
202206 21.580 125.017 22.747
202209 22.933 125.227 24.132
202212 22.523 125.222 23.702
202303 22.733 127.348 23.524
202306 23.032 128.729 23.577
202309 23.570 129.860 23.918
202312 22.960 129.419 23.378
202403 23.134 131.776 23.134

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


Sensient Technologies  (STU:SSF) 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.

Sensient Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=69.50/23.48
=2.96

* 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 Sensient Technologies was 4.32. The lowest was 1.71. And the median was 3.06.


Be Aware

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


Sensient Technologies Cyclically Adjusted Book per Share Related Terms

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


Sensient Technologies (STU:SSF) Business Description

Traded in Other Exchanges
Address
777 East Wisconsin Avenue, Milwaukee, WI, USA, 53202-5304
Sensient Technologies Corp manufactures and markets natural and synthetic colors, flavors, and other specialty ingredients. The company has a widespread network of facilities around the globe, and its customers operate across a variety of end markets. Sensient's offerings are predominantly applied to consumer-facing products, including food and beverage, cosmetics and pharmaceuticals, nutraceutical and personal care industries. The Company's principal products are flavors, flavor enhancers, ingredients, extracts, and bionutrients, essential oils, dehydrated vegetables and other food ingredients, natural and synthetic food and beverage colors and others. The company's three reportable segments were the Flavors & Extracts Group and the Color Group and, Asia Pacific Group.

Sensient Technologies (STU:SSF) Headlines

No Headlines