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

Sensient Technologies (Sensient Technologies) Cyclically Adjusted Book per Share : $25.30 (As of Dec. 2023)


View and export this data going back to 1988. 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 Dec. 2023 was $25.038. 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 $25.30 for the trailing ten years ended in Dec. 2023.

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 (2024-04-27), Sensient Technologies's current stock price is $70.36. Sensient Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $25.30. Sensient Technologies's Cyclically Adjusted PB Ratio of today is 2.78.

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 22.62 22.78 24.07 25.09 25.30

Sensient Technologies 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 25.09 25.38 25.52 25.58 25.30

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 Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=25.038/129.4194*129.4194
=25.038

Current CPI (Dec. 2023) = 129.4194.

Sensient Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.424 99.695 31.706
201406 23.777 100.560 30.601
201409 22.848 100.428 29.444
201412 22.076 99.070 28.839
201503 20.215 99.621 26.262
201506 19.992 100.684 25.698
201509 19.286 100.392 24.862
201512 18.873 99.792 24.476
201603 19.352 100.470 24.928
201606 19.256 101.688 24.507
201609 19.720 101.861 25.055
201612 18.892 101.863 24.003
201703 19.201 102.862 24.158
201706 20.146 103.349 25.228
201709 20.230 104.136 25.142
201712 19.731 104.011 24.551
201803 19.545 105.290 24.024
201806 19.312 106.317 23.508
201809 20.016 106.507 24.322
201812 20.366 105.998 24.866
201903 20.741 107.251 25.028
201906 21.207 108.070 25.397
201909 21.189 108.329 25.314
201912 20.855 108.420 24.894
202003 19.894 108.902 23.642
202006 20.320 108.767 24.178
202009 21.172 109.815 24.952
202012 22.085 109.897 26.008
202103 21.893 111.754 25.354
202106 22.400 114.631 25.290
202109 22.352 115.734 24.995
202112 22.425 117.630 24.673
202203 22.880 121.301 24.411
202206 22.812 125.017 23.615
202209 22.706 125.227 23.466
202212 23.859 125.222 24.659
202303 24.340 127.348 24.736
202306 24.953 128.729 25.087
202309 25.155 129.860 25.070
202312 25.038 129.419 25.038

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


Sensient Technologies  (NYSE:SXT) 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
=70.36/25.3
=2.78

* 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 (Sensient Technologies) 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.
Executives
E. Craig Mitchell officer: Pres, Flavors & Fragrances Grp 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Anstalt Winder 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Investment Anstalt Winder 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Winder Pte. Ltd. 10 percent owner 6 BATTERY ROAD #19-01A, SINGAPORE U0 049909
Cunha Kathleen Da director 777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Winder Investment Pte Ltd 10 percent owner 19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Sharad P Jain director 777 E. WISCONSIN AVE., SUITE 1100, MILWAUKEE WI 53202
Freemont Capital Pte Ltd 10 percent owner 19-01A 6 BATTERY ROAD, SINGAPORE U0 049909
Foundation Haldor 10 percent owner ZOLLSTRASSE 16, SCHAAN N2 9494
Essie Whitelaw director 777 E WISCONSIN AVE, MILWAUKEE WI 53202
Elaine R Wedral director C/O BALCHEM CORP, P O BOX 600, NEW HAMPTON NY 10958
Paul Manning officer: President, Color Group 777 E. WISCONSIN AVE., MILWAUKEE WI 53202
Joseph Carleone director 3883 HOWARD HUGHES PKWY, SUITE 700, LAS VEGAS NV 89169
Carol R Jackson director 777 E. WISCONSIN AVENUE, MILWAUKEE WI 53202
Thierry Hoang officer: VP, Asia Pacific Group 25B CHANCERY LANE, SINGAPORE U0 309515

Sensient Technologies (Sensient Technologies) Headlines

From GuruFocus

Sensient Technologies Announces Increased Quarterly Dividend

By Business Wire Business Wire 10-14-2021

Sensient Announces Conference Call

By Business Wire 07-07-2023

Sensient Declares Dividend

By Business Wire Business Wire 04-28-2022

Sensient Declares Dividend

By Business Wire Business Wire 01-21-2022

4 Solid Stock Picks for Value Investors

By Alberto Abaterusso 08-15-2021

Sensient Announces Conference Call

By Business Wire Business Wire 04-14-2022

Sensient Declares Dividend

By Business Wire 01-19-2024

Sensient Technologies Corp's Dividend Analysis

By GuruFocus Research 11-03-2023