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TRMB (Trimble) Cyclically Adjusted Book per Share : $15.95 (As of Mar. 2025)


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What is Trimble 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.

Trimble's adjusted book value per share for the three months ended in Mar. 2025 was $22.846. 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 $15.95 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Trimble's average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.10% 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 Trimble was 21.20% per year. The lowest was 7.50% per year. And the median was 12.10% per year.

As of today (2025-07-04), Trimble's current stock price is $78.875. Trimble's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $15.95. Trimble's Cyclically Adjusted PB Ratio of today is 4.95.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Trimble was 8.85. The lowest was 2.55. And the median was 4.46.


Trimble Cyclically Adjusted Book per Share Historical Data

The historical data trend for Trimble'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.

Trimble Cyclically Adjusted Book per Share Chart

Trimble Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.00 11.50 12.94 14.07 15.48

Trimble Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 14.48 14.83 15.18 15.48 15.95

Competitive Comparison of Trimble's Cyclically Adjusted Book per Share

For the Scientific & Technical Instruments subindustry, Trimble'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.


Trimble's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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


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Trimble 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, Trimble's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=22.846/134.9266*134.9266
=22.846

Current CPI (Mar. 2025) = 134.9266.

Trimble Quarterly Data

Book Value per Share CPI Adj_Book
201506 9.087 100.684 12.177
201509 8.809 100.392 11.839
201512 8.854 99.792 11.971
201603 9.093 100.470 12.211
201606 9.008 101.688 11.952
201609 9.272 101.861 12.282
201612 9.175 101.863 12.153
201703 9.584 102.862 12.572
201706 9.948 103.349 12.988
201709 10.153 104.136 13.155
201712 9.701 104.011 12.584
201803 10.051 105.290 12.880
201806 10.074 106.317 12.785
201809 10.547 106.507 13.361
201812 10.659 105.998 13.568
201903 10.901 107.251 13.714
201906 11.215 108.070 14.002
201909 11.187 108.329 13.934
201912 12.481 108.420 15.532
202003 12.419 108.902 15.387
202006 12.837 108.767 15.924
202009 13.389 109.815 16.451
202012 14.342 109.897 17.608
202103 14.642 111.754 17.678
202106 15.257 114.631 17.958
202109 15.465 115.734 18.030
202112 15.722 117.630 18.034
202203 15.945 121.301 17.736
202206 15.729 125.017 16.976
202209 15.591 125.227 16.799
202212 16.404 125.222 17.675
202303 17.159 127.348 18.180
202306 17.444 128.729 18.284
202309 17.456 129.860 18.137
202312 18.256 129.419 19.033
202403 17.809 131.776 18.235
202406 22.956 132.554 23.367
202409 23.902 133.029 24.243
202412 23.374 133.157 23.685
202503 22.846 134.927 22.846

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


Trimble  (NAS:TRMB) 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.

Trimble's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=78.875/15.95
=4.95

* 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 Trimble was 8.85. The lowest was 2.55. And the median was 4.46.


Be Aware

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


Trimble Cyclically Adjusted Book per Share Related Terms

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


Trimble Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Trimble Inc (NAS:TRMB) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
10368 Westmoor Drive, Westminister, CO, USA, 80021
Trimble Inc is a technology solutions provider that enables office and mobile professionals to connect their workflows and asset lifecycles to drive a more productive, sustainable future. The company has three reportable segments: Architects, Engineers, Construction, and Owners (AECO). This segment provides software solutions that sell through a direct channel to customers in the construction industry. Field Systems. This segment provides hardware and associated software solutions that sell through dealer partner channels. Transportation and Logistics (T&L). This segment provides solutions for customers working in long-haul trucking and freight shipping markets.
Executives
Robert G Painter officer: CFO C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Kaigham Gabriel director C/O TRIMBLE INC., 935 STEWART DR, SUNNYVALE CA 94085
Peter Large officer: Senior Vice President 935 STEWART DRIVE, SUNNYVALE CA 94085
James Calvin Dalton director 2065 COURTHOUSE ROAD, STAFFORD VA 22554
Jennifer Allison officer: Corporate VP, General Counsel 10368 WESTMOOR DRIVE, WESTMINSTER CO 80021
Darryl R Matthews officer: SVP & Sector Head C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Mark S Peek director 3401 HILLVIEW AVENUE, PALO ALTO CA 94304
Ronald Bisio officer: Sr. Vice President C/O TRIMBLE INC., 935 STEWARD DR., SUNNYVALE CA 94085
Jennifer Lin officer: Chief Platform Officer 935 STEWART DRIVE, SUNNYVALE CA 94085
James A Kirkland officer: Vice President C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
James Joel Langley officer: Sr. Vice President 935 STEWART DRIVE, SUNNYVALE CA 94085
Thomas W Sweet director ONE DELL WAY, ROUND ROCK TX 78682
Sandra Macquillan director P.O. BOX 619100, DALLAS TX 75261-9100
Bryn Fosburgh officer: VP, Geomatics & Engineering C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085
Steven W Berglund officer: President & CEO C/O TRIMBLE INC., 935 STEWART DRIVE, SUNNYVALE CA 94085