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Simpson Manufacturing Co (FRA:TWL) Cyclically Adjusted PB Ratio : 5.95 (As of Jun. 09, 2024)


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What is Simpson Manufacturing Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Simpson Manufacturing Co's current share price is €148.80. Simpson Manufacturing Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €25.02. Simpson Manufacturing Co's Cyclically Adjusted PB Ratio for today is 5.95.

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

FRA:TWL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.79   Med: 3.32   Max: 8.05
Current: 5.92

During the past years, Simpson Manufacturing Co's highest Cyclically Adjusted PB Ratio was 8.05. The lowest was 1.79. And the median was 3.32.

FRA:TWL's Cyclically Adjusted PB Ratio is ranked worse than
93.9% of 246 companies
in the Forest Products industry
Industry Median: 0.92 vs FRA:TWL: 5.92

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.

Simpson Manufacturing Co's adjusted book value per share data for the three months ended in Mar. 2024 was €37.213. 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 €25.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Simpson Manufacturing Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Simpson Manufacturing Co'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.

Simpson Manufacturing Co Cyclically Adjusted PB Ratio Chart

Simpson Manufacturing Co 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 4.24 4.80 6.47 3.71 7.53

Simpson Manufacturing Co 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 4.45 5.47 5.77 7.53 7.54

Competitive Comparison of Simpson Manufacturing Co's Cyclically Adjusted PB Ratio

For the Lumber & Wood Production subindustry, Simpson Manufacturing Co'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.


Simpson Manufacturing Co's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Simpson Manufacturing Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Simpson Manufacturing Co 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.

Simpson Manufacturing Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=148.80/25.02
=5.95

* 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.

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

For example, Simpson Manufacturing Co'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)
=37.213/131.7762*131.7762
=37.213

Current CPI (Mar. 2024) = 131.7762.

Simpson Manufacturing Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.004 100.560 17.041
201409 13.699 100.428 17.975
201412 14.301 99.070 19.022
201503 16.011 99.621 21.179
201506 15.806 100.684 20.687
201509 15.584 100.392 20.456
201512 16.191 99.792 21.380
201603 16.062 100.470 21.067
201606 16.228 101.688 21.030
201609 16.137 101.861 20.876
201612 17.303 101.863 22.384
201703 17.402 102.862 22.294
201706 16.933 103.349 21.591
201709 16.244 104.136 20.556
201712 15.994 104.011 20.263
201803 15.392 105.290 19.264
201806 16.701 106.317 20.700
201809 17.029 106.507 21.069
201812 16.712 105.998 20.776
201903 16.555 107.251 20.341
201906 17.203 108.070 20.977
201909 17.963 108.329 21.851
201912 18.158 108.420 22.070
202003 17.524 108.902 21.205
202006 18.266 108.767 22.130
202009 18.763 109.815 22.515
202012 18.611 109.897 22.316
202103 19.622 111.754 23.137
202106 20.769 114.631 23.875
202109 22.087 115.734 25.148
202112 24.246 117.630 27.162
202203 25.915 121.301 28.153
202206 28.324 125.017 29.855
202209 31.713 125.227 33.372
202212 31.349 125.222 32.990
202303 32.563 127.348 33.695
202306 34.253 128.729 35.064
202309 36.658 129.860 37.199
202312 36.395 129.419 37.058
202403 37.213 131.776 37.213

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.


Simpson Manufacturing Co  (FRA:TWL) 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.


Simpson Manufacturing Co Cyclically Adjusted PB Ratio Related Terms

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


Simpson Manufacturing Co (FRA:TWL) Business Description

Traded in Other Exchanges
Address
5956 W. Las Positas Boulevard, Pleasanton, CA, USA, 94588
Simpson Manufacturing Co Inc is a manufacturer of wood construction products. The company offers connectors, truss plates, fastening systems, fasteners, prefabricated lateral systems, concrete construction products, adhesives, mechanical anchors, carbide drill bits, powder-actuated tools, and fiber reinforced materials. Simpson Manufacturing markets its products to the residential, light industrial, and commercial construction markets as well as the remodeling and do-it-yourself markets. The largest end market is the United States.

Simpson Manufacturing Co (FRA:TWL) Headlines

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