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Newell Brands (Newell Brands) Cyclically Adjusted Book per Share : $15.25 (As of Dec. 2023)


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What is Newell Brands 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.

Newell Brands's adjusted book value per share for the three months ended in Dec. 2023 was $7.511. 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 $15.25 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Newell Brands's average Cyclically Adjusted Book Growth Rate was 2.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Newell Brands was 17.70% per year. The lowest was -5.90% per year. And the median was 5.10% per year.

As of today (2024-04-27), Newell Brands's current stock price is $7.79. Newell Brands's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.25. Newell Brands's Cyclically Adjusted PB Ratio of today is 0.51.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Newell Brands was 6.92. The lowest was 0.43. And the median was 2.02.


Newell Brands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Newell Brands'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.

Newell Brands Cyclically Adjusted Book per Share Chart

Newell Brands 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 12.71 12.96 13.99 14.92 15.25

Newell Brands Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 14.92 15.16 15.29 15.36 15.25

Competitive Comparison of Newell Brands's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Newell Brands'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.


Newell Brands's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Newell Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Newell Brands 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, Newell Brands's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.511/129.4194*129.4194
=7.511

Current CPI (Dec. 2023) = 129.4194.

Newell Brands Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.481 99.695 9.712
201406 7.670 100.560 9.871
201409 7.471 100.428 9.628
201412 6.877 99.070 8.984
201503 6.310 99.621 8.197
201506 6.645 100.684 8.542
201509 6.682 100.392 8.614
201512 6.822 99.792 8.847
201603 6.619 100.470 8.526
201606 23.456 101.688 29.853
201609 23.688 101.861 30.097
201612 23.521 101.863 29.884
201703 24.830 102.862 31.241
201706 25.330 103.349 31.720
201709 25.983 104.136 32.292
201712 29.152 104.011 36.273
201803 29.094 105.290 35.762
201806 28.721 106.317 34.962
201809 12.839 106.507 15.601
201812 12.342 105.998 15.069
201903 11.696 107.251 14.114
201906 11.736 108.070 14.055
201909 9.775 108.329 11.678
201912 11.719 108.420 13.989
202003 8.145 108.902 9.680
202006 8.232 108.767 9.795
202009 8.782 109.815 10.350
202012 9.128 109.897 10.750
202103 9.017 111.754 10.442
202106 9.370 114.631 10.579
202109 9.532 115.734 10.659
202112 9.772 117.630 10.751
202203 9.572 121.301 10.213
202206 9.543 125.017 9.879
202209 9.130 125.227 9.436
202212 8.508 125.222 8.793
202303 8.049 127.348 8.180
202306 8.003 128.729 8.046
202309 7.547 129.860 7.521
202312 7.511 129.419 7.511

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


Newell Brands  (NAS:NWL) 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.

Newell Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7.79/15.25
=0.51

* 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 Newell Brands was 6.92. The lowest was 0.43. And the median was 2.02.


Be Aware

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


Newell Brands Cyclically Adjusted Book per Share Related Terms

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


Newell Brands (Newell Brands) Business Description

Traded in Other Exchanges
Address
6655 Peachtree Dunwoody Road, Atlanta, GA, USA, 30328
Newell Brands Inc is an American global consumer goods company. The business activities of the group function through five segments namely, Commercial Solutions, Home Appliances, Home Solutions, Learning and Development, Outdoor and Recreation. The learning and Development segment generates most of the revenue for the firm which offers baby gear and infant care products; writing instruments, including markers and highlighters, pens and pencils; art products; activity-based adhesive and cutting products, and labeling solutions.
Executives
Bradford R Turner officer: Sr. VP, Gen. Sounsel & Secy C/O NEWELL BRANDS INC., 6055 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Gaoxiang Hu director 16690 COLLINS AVE., SUITE PH-1, SUNNY ISLES BEACH FL 33160
Dennis Senovich officer: Chief Supply Chain Officer 6655 PEACHTREE DUNWOODY RD, ATLANTA GA 30328
Mark J Erceg officer: Chief Financial Officer 248 E. SKYLINE DRIVE, WASHINGTON UT 84780
David Willetts director 16690 COLLINS AVENUE - PH-1, SUNNY ISLES BEACH FL 33160
Brett Icahn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Melanie Arlene Huet officer: President, Brand Management 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Stephanie Stahl director C/O KNOLL, INC., 1235 WATER STREET, EAST GREENVILLE PA 18041
James Craigie director 500 CHARLES EWING BLVD, EWING NJ 08628
Mather Courtney director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Maria Fernanda Mejia officer: CEO, International ONE KELLOGG SQUARE, PO BOX 3599, BATTLE CREEK MI 49016-3599
Carl C Icahn 10 percent owner C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH-1, SUNNY ISLES BEACH FL 33160
Icahn Partners Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Icahn Partners Master Fund Lp 10 percent owner 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Kristine Kay Malkoski officer: Business Unit CEO - Food 6655 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328