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Nemetschek SE (WBO:NEM) Cyclically Adjusted Book per Share : €3.44 (As of Mar. 2024)


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What is Nemetschek SE 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.

Nemetschek SE's adjusted book value per share for the three months ended in Mar. 2024 was €6.880. 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 €3.44 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Nemetschek SE's average Cyclically Adjusted Book Growth Rate was 20.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 24.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 21.00% 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 Nemetschek SE was 24.70% per year. The lowest was 14.50% per year. And the median was 19.85% per year.

As of today (2024-06-08), Nemetschek SE's current stock price is €96.65. Nemetschek SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.44. Nemetschek SE's Cyclically Adjusted PB Ratio of today is 28.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Nemetschek SE was 57.49. The lowest was 18.08. And the median was 31.39.


Nemetschek SE Cyclically Adjusted Book per Share Historical Data

The historical data trend for Nemetschek SE'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.

Nemetschek SE Cyclically Adjusted Book per Share Chart

Nemetschek SE 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 1.47 1.69 2.07 2.68 3.26

Nemetschek SE 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 2.86 2.99 3.15 3.26 3.44

Competitive Comparison of Nemetschek SE's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Nemetschek SE'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.


Nemetschek SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Nemetschek SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Nemetschek SE 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, Nemetschek SE'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)
=6.88/125.0381*125.0381
=6.880

Current CPI (Mar. 2024) = 125.0381.

Nemetschek SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.010 99.543 1.269
201409 1.086 99.823 1.360
201412 1.169 99.543 1.468
201503 1.364 99.717 1.710
201506 1.237 100.417 1.540
201509 1.304 100.417 1.624
201512 1.427 99.717 1.789
201603 1.483 100.017 1.854
201606 1.451 100.717 1.801
201609 1.561 101.017 1.932
201612 1.726 101.217 2.132
201703 1.827 101.417 2.253
201706 1.626 102.117 1.991
201709 1.711 102.717 2.083
201712 1.952 102.617 2.378
201803 2.066 102.917 2.510
201806 2.026 104.017 2.435
201809 1.963 104.718 2.344
201812 2.160 104.217 2.592
201903 2.362 104.217 2.834
201906 2.258 105.718 2.671
201909 2.781 106.018 3.280
201912 3.017 105.818 3.565
202003 3.061 105.718 3.620
202006 2.925 106.618 3.430
202009 3.030 105.818 3.580
202012 3.497 105.518 4.144
202103 3.871 107.518 4.502
202106 3.837 108.486 4.422
202109 4.178 109.435 4.774
202112 4.553 110.384 5.157
202203 4.985 113.968 5.469
202206 5.115 115.760 5.525
202209 5.597 118.818 5.890
202212 5.656 119.345 5.926
202303 5.911 122.402 6.038
202306 5.744 123.140 5.833
202309 6.225 124.195 6.267
202312 6.464 123.773 6.530
202403 6.880 125.038 6.880

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


Nemetschek SE  (WBO:NEM) 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.

Nemetschek SE's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.65/3.44
=28.10

* 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 Nemetschek SE was 57.49. The lowest was 18.08. And the median was 31.39.


Be Aware

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


Nemetschek SE Cyclically Adjusted Book per Share Related Terms

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


Nemetschek SE (WBO:NEM) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Nemetschek SE (WBO:NEM) » Definitions » Cyclically Adjusted Book per Share
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Konrad-Zuse-Platz 1, Munich, BY, DEU, 81829
Nemetschek is a German company that makes software products for the architecture, engineering, and construction industry mainly, but also for the media and entertainment industry. Its software solutions cover the entire life cycle of building and infrastructure projects (design, build, and manage). In media and entertainment, it is one of the world's leading providers of software for the creation of 3D animation and visual effects in movies, TV shows, and gaming.

Nemetschek SE (WBO:NEM) Headlines