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De'Longhi SPA (LTS:0E5M) Cyclically Adjusted PB Ratio : 3.59 (As of Jun. 10, 2024)


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What is De'Longhi SPA Cyclically Adjusted PB Ratio?

As of today (2024-06-10), De'Longhi SPA's current share price is €32.24. De'Longhi SPA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.99. De'Longhi SPA's Cyclically Adjusted PB Ratio for today is 3.59.

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

LTS:0E5M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.91   Med: 4   Max: 6.33
Current: 3.59

During the past years, De'Longhi SPA's highest Cyclically Adjusted PB Ratio was 6.33. The lowest was 1.91. And the median was 4.00.

LTS:0E5M's Cyclically Adjusted PB Ratio is ranked worse than
80.06% of 311 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.4 vs LTS:0E5M: 3.59

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.

De'Longhi SPA's adjusted book value per share data for the three months ended in Mar. 2024 was €13.355. 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 €8.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


De'Longhi SPA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for De'Longhi SPA'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.

De'Longhi SPA Cyclically Adjusted PB Ratio Chart

De'Longhi SPA 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 3.28 4.29 4.76 2.60 3.49

De'Longhi SPA 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 2.57 2.38 2.39 3.49 3.57

Competitive Comparison of De'Longhi SPA's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, De'Longhi SPA'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.


De'Longhi SPA's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, De'Longhi SPA's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



De'Longhi SPA 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.

De'Longhi SPA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.24/8.99
=3.59

* 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.

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

For example, De'Longhi SPA'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)
=13.355/120.2000*120.2000
=13.355

Current CPI (Mar. 2024) = 120.2000.

De'Longhi SPA Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.288 100.093 5.149
201409 4.685 99.814 5.642
201412 5.239 99.721 6.315
201503 5.934 99.814 7.146
201506 5.454 100.279 6.537
201509 5.490 100.000 6.599
201512 6.039 99.814 7.272
201603 6.011 99.600 7.254
201606 5.786 99.900 6.962
201609 5.908 100.100 7.094
201612 6.760 100.300 8.101
201703 6.892 101.000 8.202
201706 6.128 101.100 7.286
201709 6.257 101.200 7.432
201712 6.834 101.200 8.117
201803 6.971 101.800 8.231
201806 6.273 102.400 7.363
201809 6.411 102.600 7.511
201812 7.130 102.300 8.378
201903 7.342 102.800 8.585
201906 7.096 103.100 8.273
201909 7.385 102.900 8.627
201912 7.963 102.800 9.311
202003 8.002 102.900 9.347
202006 8.130 102.900 9.497
202009 8.461 102.300 9.941
202012 8.469 102.600 9.922
202103 9.114 103.700 10.564
202106 9.210 104.200 10.624
202109 9.686 104.900 11.099
202112 10.457 106.600 11.791
202203 10.868 110.400 11.833
202206 10.590 112.500 11.315
202209 10.961 114.200 11.537
202212 11.061 119.000 11.173
202303 11.177 118.800 11.309
202306 10.916 119.700 10.962
202309 11.453 120.300 11.443
202312 12.061 119.700 12.111
202403 13.355 120.200 13.355

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.


De'Longhi SPA  (LTS:0E5M) 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.


De'Longhi SPA Cyclically Adjusted PB Ratio Related Terms

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


De'Longhi SPA (LTS:0E5M) Business Description

Traded in Other Exchanges
Address
Via Lodovico Seitz, 47, Treviso, ITA, 31100
De'Longhi SPA is an Italy-based company that is principally engaged in designing, producing, and selling small domestic appliances. The company's products consist of coffeemakers, cooking and food products, ironing products, floor-care products, air conditioners and air treatment products, heating products, and others. The company generates the majority of its revenue from coffeemakers and cooking and food preparation products. It offers products under four brands: De'Longhi, Kenwood, Nutribullet, Magic Bullet,Braun, and Ariete. Products under the De'Longhi brand contribute over half of total revenue. The company has a business presence across the world, including Europe, America, Australia and New Zealand, Asia, and elsewhere, with Europe its largest market.

De'Longhi SPA (LTS:0E5M) Headlines

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