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Rogers (FRA:RG6) Cyclically Adjusted PB Ratio : 2.12 (As of Jun. 09, 2024)


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What is Rogers Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Rogers's current share price is €109.00. Rogers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €51.53. Rogers's Cyclically Adjusted PB Ratio for today is 2.12.

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

FRA:RG6' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 3.16   Max: 6.41
Current: 2.11

During the past years, Rogers's highest Cyclically Adjusted PB Ratio was 6.41. The lowest was 1.78. And the median was 3.16.

FRA:RG6's Cyclically Adjusted PB Ratio is ranked worse than
60.08% of 1899 companies
in the Hardware industry
Industry Median: 1.67 vs FRA:RG6: 2.11

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.

Rogers's adjusted book value per share data for the three months ended in Mar. 2024 was €61.979. 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 €51.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rogers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rogers'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.

Rogers Cyclically Adjusted PB Ratio Chart

Rogers 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 3.57 4.05 6.19 2.39 2.42

Rogers 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 3.17 3.06 2.43 2.42 2.12

Competitive Comparison of Rogers's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Rogers'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.


Rogers's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Rogers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Rogers 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=109.00/51.53
=2.12

* 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.

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

For example, Rogers'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)
=61.979/131.7762*131.7762
=61.979

Current CPI (Mar. 2024) = 131.7762.

Rogers Quarterly Data

Book Value per Share CPI Adj_Book
201406 24.119 100.560 31.606
201409 25.334 100.428 33.242
201412 25.881 99.070 34.425
201503 28.461 99.621 37.647
201506 28.660 100.684 37.511
201509 28.547 100.392 37.471
201512 29.885 99.792 39.463
201603 30.453 100.470 39.942
201606 30.274 101.688 39.232
201609 31.224 101.861 40.394
201612 33.446 101.863 43.268
201703 35.047 102.862 44.899
201706 35.199 103.349 44.881
201709 34.591 104.136 43.772
201712 35.484 104.011 44.956
201803 35.285 105.290 44.161
201806 37.481 106.317 46.456
201809 38.511 106.507 47.648
201812 40.537 105.998 50.395
201903 41.436 107.251 50.911
201906 42.799 108.070 52.188
201909 44.717 108.329 54.396
201912 45.245 108.420 54.992
202003 45.478 108.902 55.031
202006 45.788 108.767 55.474
202009 44.870 109.815 53.843
202012 44.925 109.897 53.869
202103 46.725 111.754 55.096
202106 47.731 114.631 54.870
202109 49.889 115.734 56.804
202112 52.868 117.630 59.226
202203 53.963 121.301 58.623
202206 55.649 125.017 58.658
202209 58.513 125.227 61.573
202212 59.591 125.222 62.710
202303 59.138 127.348 61.194
202306 59.776 128.729 61.191
202309 60.934 129.860 61.833
202312 62.015 129.419 63.144
202403 61.979 131.776 61.979

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.


Rogers  (FRA:RG6) 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.


Rogers Cyclically Adjusted PB Ratio Related Terms

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


Rogers (FRA:RG6) Business Description

Industry
Traded in Other Exchanges
Address
2225 West Chandler Boulevard, Chandler, AZ, USA, 85224-6155
Rogers Corporation designs develop and manufacture engineered materials and components for sale to original equipment manufacturers and component suppliers. The firm operates in three business segments: advanced connectivity solutions, which manufactures circuit materials for applications in communications infrastructure, automotive, and consumer electronics markets; elastomeric material solutions, which provide cushioning, sealing, and impact protection in automotive, transportation, and construction applications; and power electronics solutions, which sells ceramic substrate materials for power module applications. The firm generates revenue primarily in the United States, China, and Germany, but has a presence around the world.

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