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Masco (FRA:MSQ) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is Masco Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Masco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Masco'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.

Masco Cyclically Adjusted PB Ratio Chart

Masco 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 36.19 73.03 194.48 - -

Masco 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 - - - - -

Competitive Comparison of Masco's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Masco'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.


Masco's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Masco 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.

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

For example, Masco'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)
=-0.313/129.4194*129.4194
=-0.313

Current CPI (Mar. 2024) = 129.4194.

Masco Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.445 100.560 1.860
201409 2.544 100.428 3.278
201412 2.172 99.070 2.837
201503 2.044 99.621 2.655
201506 -0.122 100.684 -0.157
201509 -0.421 100.392 -0.543
201512 -0.375 99.792 -0.486
201603 -0.340 100.470 -0.438
201606 -0.315 101.688 -0.401
201609 -0.266 101.861 -0.338
201612 -0.888 101.863 -1.128
201703 -0.785 102.862 -0.988
201706 -0.366 103.349 -0.458
201709 -0.424 104.136 -0.527
201712 -0.144 104.011 -0.179
201803 -0.188 105.290 -0.231
201806 -0.095 106.317 -0.116
201809 0.101 106.507 0.123
201812 -0.332 105.998 -0.405
201903 -0.440 107.251 -0.531
201906 -0.278 108.070 -0.333
201909 -0.454 108.329 -0.542
201912 -0.767 108.420 -0.916
202003 -1.194 108.902 -1.419
202006 -0.464 108.767 -0.552
202009 0.457 109.815 0.539
202012 0.621 109.897 0.731
202103 -0.056 111.754 -0.065
202106 -0.517 114.631 -0.584
202109 -0.439 115.734 -0.491
202112 -0.657 117.630 -0.723
202203 -1.428 121.301 -1.524
202206 -3.113 125.017 -3.223
202209 -2.763 125.227 -2.856
202212 -2.011 125.222 -2.078
202303 -1.573 127.348 -1.599
202306 -0.788 128.729 -0.792
202309 -0.234 129.860 -0.233
202312 -0.524 129.419 -0.524
202403 -0.313 129.419 -0.313

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.


Masco  (FRA:MSQ) 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.


Masco Cyclically Adjusted PB Ratio Related Terms

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


Masco (FRA:MSQ) Business Description

Industry
Traded in Other Exchanges
Address
17450 College Parkway, Livonia, MI, USA, 48152
Masco manufactures a variety of home improvement and building products. The company's $5.3 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3.4 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.

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