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Stanley Black & Decker (BSP:S1WK34) Cyclically Adjusted PB Ratio : 1.54 (As of May. 14, 2024)


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What is Stanley Black & Decker Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Stanley Black & Decker's current share price is R$109.65. Stanley Black & Decker's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$71.24. Stanley Black & Decker's Cyclically Adjusted PB Ratio for today is 1.54.

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

BSP:S1WK34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 3.09   Max: 4.5
Current: 1.52

During the past years, Stanley Black & Decker's highest Cyclically Adjusted PB Ratio was 4.50. The lowest was 1.28. And the median was 3.09.

BSP:S1WK34's Cyclically Adjusted PB Ratio is ranked better than
57.36% of 2045 companies
in the Industrial Products industry
Industry Median: 1.84 vs BSP:S1WK34: 1.52

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.

Stanley Black & Decker's adjusted book value per share data for the three months ended in Mar. 2024 was R$71.827. 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$71.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stanley Black & Decker Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stanley Black & Decker'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.

Stanley Black & Decker Cyclically Adjusted PB Ratio Chart

Stanley Black & Decker 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 3.59 3.74 3.59 1.32 1.66

Stanley Black & Decker 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 1.39 1.59 1.41 1.66 1.65

Competitive Comparison of Stanley Black & Decker's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Stanley Black & Decker'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.


Stanley Black & Decker's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stanley Black & Decker's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stanley Black & Decker's Cyclically Adjusted PB Ratio falls into.



Stanley Black & Decker 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.

Stanley Black & Decker's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=109.65/71.24
=1.54

* 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.

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

For example, Stanley Black & Decker'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)
=71.827/129.4194*129.4194
=71.827

Current CPI (Mar. 2024) = 129.4194.

Stanley Black & Decker Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.365 100.560 32.645
201409 26.167 100.428 33.721
201412 27.025 99.070 35.304
201503 28.066 99.621 36.461
201506 28.637 100.684 36.810
201509 35.020 100.392 45.146
201512 36.626 99.792 47.500
201603 34.042 100.470 43.851
201606 32.264 101.688 41.063
201609 31.881 101.861 40.506
201612 34.994 101.863 44.461
201703 34.909 102.862 43.922
201706 37.531 103.349 46.998
201709 37.297 104.136 46.353
201712 40.387 104.011 50.253
201803 40.920 105.290 50.298
201806 45.506 106.317 55.394
201809 48.893 106.507 59.411
201812 45.469 105.998 55.516
201903 45.581 107.251 55.003
201906 47.641 108.070 57.053
201909 51.134 108.329 61.089
201912 52.850 108.420 63.086
202003 59.311 108.902 70.486
202006 71.481 108.767 85.053
202009 78.032 109.815 91.963
202012 77.524 109.897 91.296
202103 86.776 111.754 100.493
202106 80.815 114.631 91.241
202109 86.748 115.734 97.006
202112 94.955 117.630 104.472
202203 71.977 121.301 76.794
202206 72.227 125.017 74.771
202209 79.098 125.227 81.746
202212 83.251 125.222 86.042
202303 80.703 127.348 82.016
202306 75.504 128.729 75.909
202309 75.117 129.860 74.862
202312 72.212 129.419 72.212
202403 71.827 129.419 71.827

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.


Stanley Black & Decker  (BSP:S1WK34) 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.


Stanley Black & Decker Cyclically Adjusted PB Ratio Related Terms

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Stanley Black & Decker (BSP:S1WK34) Business Description

Traded in Other Exchanges
Address
1000 Stanley Drive, New Britain, CT, USA, 06053
Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates in two reportable segments namely Tools and Outdoor and Industrial. It generates maximum revenue from the Tools and Outdoor segment. The Tools and Outdoor segment is comprised of the Power Tools Group (PTG), Hand Tools, Accessories and Storage (HTAS), and Outdoor Power Equipment (Outdoor) businesses. Geographically, it derives a majority of its revenue from the United States.

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