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Trelleborg AB (Trelleborg AB) Cyclically Adjusted Book per Share : $8.16 (As of Mar. 2024)


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What is Trelleborg AB 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.

Trelleborg AB's adjusted book value per share for the three months ended in Mar. 2024 was $17.217. 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 $8.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Trelleborg AB'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 15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% 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 Trelleborg AB was 15.30% per year. The lowest was 9.70% per year. And the median was 13.60% per year.

As of today (2024-06-10), Trelleborg AB's current stock price is $23.86. Trelleborg AB's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.16. Trelleborg AB's Cyclically Adjusted PB Ratio of today is 2.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Trelleborg AB was 3.29. The lowest was 1.24. And the median was 2.27.


Trelleborg AB Cyclically Adjusted Book per Share Historical Data

The historical data trend for Trelleborg AB'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.

Trelleborg AB Cyclically Adjusted Book per Share Chart

Trelleborg AB 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 - - - - 9.05

Trelleborg AB 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 9.35 10.99 10.86 9.05 8.16

Competitive Comparison of Trelleborg AB's Cyclically Adjusted Book per Share

For the Specialty Industrial Machinery subindustry, Trelleborg AB'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.


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

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

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



Trelleborg AB 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, Trelleborg AB'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)
=17.217/132.2054*132.2054
=17.217

Current CPI (Mar. 2024) = 132.2054.

Trelleborg AB Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.658 100.432 11.397
201409 8.588 100.161 11.336
201412 8.591 100.225 11.332
201503 8.174 99.950 10.812
201506 8.139 99.995 10.761
201509 8.225 100.228 10.849
201512 8.088 100.276 10.663
201603 8.462 100.751 11.104
201606 10.336 101.019 13.527
201609 10.570 101.138 13.817
201612 10.072 102.022 13.052
201703 10.887 102.022 14.108
201706 11.027 102.752 14.188
201709 12.023 103.279 15.390
201712 11.963 103.793 15.238
201803 13.118 103.962 16.682
201806 12.287 104.875 15.489
201809 12.188 105.679 15.247
201812 12.307 105.912 15.362
201903 12.049 105.886 15.044
201906 12.278 106.742 15.207
201909 12.346 107.214 15.224
201912 11.284 107.766 13.843
202003 11.671 106.563 14.479
202006 11.878 107.498 14.608
202009 12.600 107.635 15.476
202012 12.768 108.296 15.587
202103 13.395 108.360 16.343
202106 13.344 108.928 16.196
202109 13.536 110.338 16.219
202112 13.389 112.486 15.736
202203 13.407 114.825 15.436
202206 13.328 118.384 14.884
202209 13.076 122.296 14.135
202212 14.036 126.365 14.685
202303 14.446 127.042 15.033
202306 16.395 129.407 16.750
202309 16.010 130.224 16.254
202312 16.709 131.912 16.746
202403 17.217 132.205 17.217

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


Trelleborg AB  (OTCPK:TBABY) 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.

Trelleborg AB's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.86/8.16
=2.92

* 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 Trelleborg AB was 3.29. The lowest was 1.24. And the median was 2.27.


Be Aware

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


Trelleborg AB Cyclically Adjusted Book per Share Related Terms

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


Trelleborg AB (Trelleborg AB) Business Description

Industry
Address
Johan Kocksgatan 10, P.O. Box 153, Trelleborg, SWE, SE- 23122
Trelleborg AB manufactures products to seal, damp, and protect critical applications for a multitude of industries. It focuses on improving functionality, productivity, and minimizing energy waste for customers in transportation equipment, aerospace, and other industrial markets. The company has several different business areas: coated systems, industrial solutions, offshore and construction, sealing, and wheel. Products and components are molded to limit vibrations, provide automotive support, fit and protect tires, produce printing solutions, or offer support for other applications. Western Europe is an important region for the company and accounts for approximately half of total revenue.segments.