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Masonite International (Masonite International) Cyclically Adjusted PB Ratio : 4.29 (As of May. 25, 2024)


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What is Masonite International Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Masonite International's current share price is $132.84. Masonite International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $30.93. Masonite International's Cyclically Adjusted PB Ratio for today is 4.29.

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

DOOR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.31   Med: 3.39   Max: 4.73
Current: 4.29

During the past years, Masonite International's highest Cyclically Adjusted PB Ratio was 4.73. The lowest was 2.31. And the median was 3.39.

DOOR's Cyclically Adjusted PB Ratio is ranked worse than
88.49% of 1216 companies
in the Construction industry
Industry Median: 1.12 vs DOOR: 4.29

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.

Masonite International's adjusted book value per share data for the three months ended in Mar. 2024 was $41.426. 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 $30.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masonite International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Masonite International'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.

Masonite International Cyclically Adjusted PB Ratio Chart

Masonite International 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 - 3.63 4.27 2.75 2.78

Masonite International 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 3.06 3.40 3.07 2.78 4.25

Competitive Comparison of Masonite International's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Masonite International'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.


Masonite International's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Masonite International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Masonite International 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.

Masonite International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=132.84/30.93
=4.29

* 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.

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

For example, Masonite International'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)
=41.426/126.2576*126.2576
=41.426

Current CPI (Mar. 2024) = 126.2576.

Masonite International Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.614 99.473 33.780
201409 25.392 99.394 32.255
201412 23.636 98.367 30.338
201503 21.451 99.789 27.141
201506 22.162 100.500 27.842
201509 20.942 100.421 26.330
201512 21.112 99.947 26.670
201603 21.480 101.054 26.837
201606 22.362 102.002 27.680
201609 22.306 101.765 27.675
201612 21.726 101.449 27.039
201703 22.089 102.634 27.173
201706 23.033 103.029 28.226
201709 23.057 103.345 28.169
201712 25.472 103.345 31.119
201803 25.369 105.004 30.504
201806 25.273 105.557 30.229
201809 25.495 105.636 30.472
201812 23.628 105.399 28.304
201903 23.587 106.979 27.838
201906 24.097 107.690 28.252
201909 24.135 107.611 28.317
201912 25.126 107.769 29.436
202003 23.905 107.927 27.965
202006 25.966 108.401 30.243
202009 25.896 108.164 30.228
202012 28.046 108.559 32.618
202103 29.650 110.298 33.940
202106 30.503 111.720 34.472
202109 30.517 112.905 34.126
202112 29.133 113.774 32.330
202203 27.255 117.646 29.250
202206 29.266 120.806 30.587
202209 30.774 120.648 32.205
202212 33.045 120.964 34.491
202303 34.766 122.702 35.773
202306 37.237 124.203 37.853
202309 38.612 125.230 38.929
202312 38.847 125.072 39.215
202403 41.426 126.258 41.426

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.


Masonite International  (NYSE:DOOR) 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.


Masonite International Cyclically Adjusted PB Ratio Related Terms

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


Masonite International (Masonite International) Business Description

Traded in Other Exchanges
Address
2771 Rutherford Road, Concord, ON, CAN, L4K 2N6
Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.
Executives
Alexander Albert Legall officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Jay Ira Steinfeld director 4919 HOLLY STREET, BELLAIRE TX 77401
Catherine Anne Shellabarger officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Robert J Byrne director C/O MASONITE INTERNATIONAL CORPORATION, 201 NORTH FRANKLIN ST., SUITE 300, TAMPA FL 33602
Patrick Daniel Brisley officer: VP & Chief Accounting Officer 1242 EAST 5TH AVE, TAMPA FL 33605
Victoria Louise Philemon officer: See Remarks 1242 EAST 5TH AVE, TAMPA FL 33605
Peter R Dachowski director C/O BACKYARD HOLDCO, INC., 7830 FREEWAY CIRCLE, MIDDLEBURG HEIGHTS OH 44130
James C Pelletier other: SVP, GC & Corporate Secretary 1242 EAST 5TH AVENUE, TAMPA FL 33605
Robert Edgar Lewis officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 1242 EAST 5TH AVENUE, TAMPA FL 33602
Christopher O Ball officer: President, Global Residential 1242 EAST 5TH AVENUE, TAMPA FL 33605
Francis M Scricco director C/O AVAYA INC., 211 MOUNT AIRY ROAD, BASKING RIDGE NJ 07920
Barry A. Ruffalo director ASTEC INDUSTRIES, INC., 1725 SHEPHERD RD, CHATTANOOGA TN 37421
Jonathan F Foster director 777 THIRD AVE, 30TH FL, NEW YORK NY 10017
Randal Alan White officer: See Remarks C/O MASONITE INTERNATIONAL CORPORATION, 201 N. FRANKLIN STREET, SUITE 300, TAMPA FL 33602
John H. Chuang director 711 BOYLSTON STREET, BOSTON MA 02445