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Coty (COTY) Cyclically Adjusted PB Ratio : 1.54 (As of May. 21, 2024)


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What is Coty Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Coty's current share price is $10.49. Coty's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.83. Coty's Cyclically Adjusted PB Ratio for today is 1.54.

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

COTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.47   Max: 1.95
Current: 1.53

During the past years, Coty's highest Cyclically Adjusted PB Ratio was 1.95. The lowest was 0.49. And the median was 1.47.

COTY's Cyclically Adjusted PB Ratio is ranked worse than
56.29% of 1263 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs COTY: 1.53

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.

Coty's adjusted book value per share data for the three months ended in Mar. 2024 was $4.600. 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 $6.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coty'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.

Coty Cyclically Adjusted PB Ratio Chart

Coty 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 - - 1.54 1.23 1.83

Coty 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 1.81 1.83 1.62 1.85 1.75

Competitive Comparison of Coty's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Coty'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.


Coty's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Coty 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.49/6.83
=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.

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

For example, Coty'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)
=4.6/131.7762*131.7762
=4.600

Current CPI (Mar. 2024) = 131.7762.

Coty Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.384 100.560 3.124
201409 1.929 100.428 2.531
201412 1.842 99.070 2.450
201503 1.459 99.621 1.930
201506 2.688 100.684 3.518
201509 2.453 100.392 3.220
201512 1.204 99.792 1.590
201603 1.309 100.470 1.717
201606 1.069 101.688 1.385
201609 0.746 101.861 0.965
201612 13.110 101.863 16.960
201703 12.854 102.862 16.467
201706 12.454 103.349 15.880
201709 12.613 104.136 15.961
201712 12.575 104.011 15.932
201803 12.657 105.290 15.841
201806 11.789 106.317 14.612
201809 11.464 106.507 14.184
201812 10.124 105.998 12.586
201903 9.978 107.251 12.260
201906 6.082 108.070 7.416
201909 5.885 108.329 7.159
201912 5.880 108.420 7.147
202003 4.891 108.902 5.918
202006 3.927 108.767 4.758
202009 4.181 109.815 5.017
202012 4.017 109.897 4.817
202103 3.867 111.754 4.560
202106 3.735 114.631 4.294
202109 3.970 115.734 4.520
202112 4.139 117.630 4.637
202203 4.288 121.301 4.658
202206 3.790 125.017 3.995
202209 3.593 125.227 3.781
202212 4.142 125.222 4.359
202303 4.383 127.348 4.535
202306 4.469 128.729 4.575
202309 4.191 129.860 4.253
202312 4.943 129.419 5.033
202403 4.600 131.776 4.600

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.


Coty  (NYSE:COTY) 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.


Coty Cyclically Adjusted PB Ratio Related Terms

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


Coty (COTY) Business Description

Address
350 Fifth Avenue, New York, NY, USA, 10118
Coty is a global beauty maker that focuses on fragrance (59% of sales) and color cosmetics (28%), with limited exposure to skincare (5%) and body care (8%). For its fragrance business, Coty licenses luxury and high-end brands including Gucci, Burberry, Hugo Boss, Davidoff, and Calvin Klein, while its consumer cosmetics business focuses on acquired mass brands such as CoverGirl, Max Factor, Rimmel, Sally Hansen, and Bourjois. It also collaborates with social media celebrities Kim Kardashian and Kylie Jenner to launch makeup products bearing their names. By region, Coty generates close to 45% of sales from Europe, 30% from North America, 10% from Asia, and 8% from Latin America, with the rest from travel retail. German investment firm JAB is a controlling shareholder, with a 53% stake.
Executives
Isabelle Parize director 350 FIFTH AVENUE, NEW YORK NY 10118
Jab Holdings B.v. 10 percent owner PIET HEINKADE 55, AMSTERDAM P7 NL 1019 GM
Maria Asunicion Aramburuzabala director PASEO DE LOS TAMARINDOS 400, TORRE B PISO 25, MEXICO DF O5 0000
Priya Srinivasan officer: Chief People & Purpose Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Rochet Lubomira director 6425 HALL OF FAME LANE, FRISCO TX 75034
Olivier Goudet director 350 FIFTH AVENUE, NEW YORK NY 10118
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Bretten Gordon Von officer: Chief Transformation Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Kkr Rainbow Aggregator L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Group Partnership L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 30 HUDSON YARDS, NEW YORK NY 10001
Laurent Mercier officer: Chief Financial Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Anna Adeola Makanju director 350 FIFTH AVENUE, NEW YORK NY 10118
Bayern Anna Von officer: Chief Corp. Affairs Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Johannes P Huth director
Sue Nabi director, officer: Chief Executive Officer 350 FIFTH AVENUE, NEW YORK NY 10118