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The Estee Lauder (BSP:ELCI34) Cyclically Adjusted PB Ratio : 8.46 (As of Jun. 06, 2024)


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What is The Estee Lauder Cyclically Adjusted PB Ratio?

As of today (2024-06-06), The Estee Lauder's current share price is R$27.07. The Estee Lauder's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$3.20. The Estee Lauder's Cyclically Adjusted PB Ratio for today is 8.46.

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

BSP:ELCI34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.42   Med: 13.99   Max: 30
Current: 8.02

During the past years, The Estee Lauder's highest Cyclically Adjusted PB Ratio was 30.00. The lowest was 7.42. And the median was 13.99.

BSP:ELCI34's Cyclically Adjusted PB Ratio is ranked worse than
93.36% of 1341 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs BSP:ELCI34: 8.02

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.

The Estee Lauder's adjusted book value per share data for the three months ended in Mar. 2024 was R$3.324. 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 R$3.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Estee Lauder Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Estee Lauder'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.

The Estee Lauder Cyclically Adjusted PB Ratio Chart

The Estee Lauder Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.61 17.93 26.82 18.47 13.31

The Estee Lauder 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 17.01 13.31 9.67 9.77 10.05

Competitive Comparison of The Estee Lauder's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, The Estee Lauder'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.


The Estee Lauder's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



The Estee Lauder 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.

The Estee Lauder's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.07/3.2
=8.46

* 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.

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

For example, The Estee Lauder'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)
=3.324/131.7762*131.7762
=3.324

Current CPI (Mar. 2024) = 131.7762.

The Estee Lauder Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.938 100.560 1.229
201409 0.966 100.428 1.268
201412 1.109 99.070 1.475
201503 1.334 99.621 1.765
201506 1.260 100.684 1.649
201509 1.531 100.392 2.010
201512 1.578 99.792 2.084
201603 1.591 100.470 2.087
201606 1.385 101.688 1.795
201609 1.353 101.861 1.750
201612 1.448 101.863 1.873
201703 1.460 102.862 1.870
201706 1.635 103.349 2.085
201709 1.676 104.136 2.121
201712 1.703 104.011 2.158
201803 1.752 105.290 2.193
201806 2.006 106.317 2.486
201809 2.070 106.507 2.561
201812 1.925 105.998 2.393
201903 2.029 107.251 2.493
201906 1.951 108.070 2.379
201909 2.156 108.329 2.623
201912 2.177 108.420 2.646
202003 2.448 108.902 2.962
202006 2.360 108.767 2.859
202009 2.771 109.815 3.325
202012 3.205 109.897 3.843
202103 3.580 111.754 4.221
202106 3.508 114.631 4.033
202109 3.709 115.734 4.223
202112 4.078 117.630 4.568
202203 3.564 121.301 3.872
202206 3.293 125.017 3.471
202209 3.376 125.227 3.553
202212 3.612 125.222 3.801
202303 3.569 127.348 3.693
202306 3.158 128.729 3.233
202309 3.072 129.860 3.117
202312 3.254 129.419 3.313
202403 3.324 131.776 3.324

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.


The Estee Lauder  (BSP:ELCI34) 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.


The Estee Lauder Cyclically Adjusted PB Ratio Related Terms

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


The Estee Lauder (BSP:ELCI34) Business Description

Address
767 Fifth Avenue, New York, NY, USA, 10153
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

The Estee Lauder (BSP:ELCI34) Headlines

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