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AptarGroup (AptarGroup) Cyclically Adjusted PB Ratio : 5.01 (As of May. 19, 2024)


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What is AptarGroup Cyclically Adjusted PB Ratio?

As of today (2024-05-19), AptarGroup's current share price is $147.67. AptarGroup's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.47. AptarGroup's Cyclically Adjusted PB Ratio for today is 5.01.

The historical rank and industry rank for AptarGroup's Cyclically Adjusted PB Ratio or its related term are showing as below:

ATR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.99   Med: 4.17   Max: 6.63
Current: 5.01

During the past years, AptarGroup's highest Cyclically Adjusted PB Ratio was 6.63. The lowest was 2.99. And the median was 4.17.

ATR's Cyclically Adjusted PB Ratio is ranked worse than
78.68% of 469 companies
in the Medical Devices & Instruments industry
Industry Median: 2.18 vs ATR: 5.01

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.

AptarGroup's adjusted book value per share data for the three months ended in Mar. 2024 was $35.481. 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 $29.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AptarGroup Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AptarGroup's Cyclically Adjusted PB Ratio 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.

AptarGroup Cyclically Adjusted PB Ratio Chart

AptarGroup Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.14 5.88 4.82 4.01 4.29

AptarGroup Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 4.22 4.07 4.34 4.29 4.88

Competitive Comparison of AptarGroup's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, AptarGroup'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.


AptarGroup's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AptarGroup's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AptarGroup Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

AptarGroup's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=147.67/29.47
=5.01

* 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.

AptarGroup's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, AptarGroup'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)
=35.481/131.7762*131.7762
=35.481

Current CPI (Mar. 2024) = 131.7762.

AptarGroup Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.409 100.560 30.676
201409 21.797 100.428 28.601
201412 17.797 99.070 23.672
201503 16.422 99.621 21.723
201506 17.952 100.684 23.496
201509 18.583 100.392 24.392
201512 18.391 99.792 24.285
201603 20.149 100.470 26.427
201606 20.005 101.688 25.924
201609 20.544 101.861 26.577
201612 18.904 101.863 24.455
201703 19.845 102.862 25.423
201706 20.909 103.349 26.660
201709 21.212 104.136 26.842
201712 21.226 104.011 26.892
201803 22.507 105.290 28.169
201806 21.694 106.317 26.889
201809 22.197 106.507 27.463
201812 22.616 105.998 28.116
201903 23.255 107.251 28.573
201906 24.705 108.070 30.124
201909 24.314 108.329 29.577
201912 24.638 108.420 29.946
202003 24.724 108.902 29.917
202006 25.593 108.767 31.007
202009 27.196 109.815 32.635
202012 28.468 109.897 34.136
202103 28.970 111.754 34.160
202106 30.141 114.631 34.649
202109 29.755 115.734 33.879
202112 30.067 117.630 33.683
202203 30.279 121.301 32.894
202206 29.574 125.017 31.173
202209 28.709 125.227 30.211
202212 31.502 125.222 33.151
202303 32.306 127.348 33.429
202306 33.146 128.729 33.931
202309 33.431 129.860 33.924
202312 35.005 129.419 35.642
202403 35.481 131.776 35.481

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


AptarGroup  (NYSE:ATR) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


AptarGroup Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of AptarGroup's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


AptarGroup (AptarGroup) Business Description

Traded in Other Exchanges
Address
265 Exchange Drive, Suite 301, Crystal Lake, IL, USA, 60014
Headquartered in Crystal Lake, Illinois, AptarGroup is a leading global supplier of dispensing systems such as aerosol valves, pumps, and closures to the consumer goods and pharmaceutical markets. With the bulk of its annual net sales coming from Europe (50% of sales) and the United States (33%), Aptar aims to increase its presence in Asia (10%) and Latin America (7%). Aptar's pharmaceutical division generates roughly one third of group sales but over two thirds of group profits.
Executives
Marc Prieur officer: Segment President 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Monnas Giovanna Kampouri director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Sarah Js Glickman director 60 BINNEY STREET, C/O BLUEBIRD BIO, INC., CAMBRIDGE MA 02142
George L Fotiades director 281 SUMMIT AVENUE, SUMMIT NJ 07901
Hedi Tlili officer: Segment President 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Kimberly Chainey officer: EVP and General Counsel 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Xiangwei Gong officer: President, Asia 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60010
Shiela Vinczeller officer: Chief Human Resource Officer 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Julie Xing director 265 EXCHANGE DRIVE, SUITE 301, CRYSTAL LAKE IL 60014
Maritza Gomez Montiel director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Robert Kuhn officer: EVP & CFO C/O APTARGROUP 475 W. TERRA COTTA AVENUE, SUITE E, CRYSTAL LAKE IL 60014
Matthew L. Trerotola director 2711 CENTERVILLE ROAD, SUITE 400, WILMINGTON DE 19808
Gael Touya officer: Segment President 475 W. TERRA COTTA AVE., SUITE E, CRYSTAL LAKE IL 60014
Candace S. Matthews director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014
Isabel Marey-semper director C/O APTARGROUP, INC., 265 EXCHANGE DRIVE, SUITE 100, CRYSTAL LAKE IL 60014