GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Stanley Black & Decker Inc (LTS:0L9E) » Definitions » Cyclically Adjusted PB Ratio

Stanley Black & Decker (LTS:0L9E) Cyclically Adjusted PB Ratio : 1.48 (As of May. 21, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Stanley Black & Decker Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Stanley Black & Decker's current share price is $88.50. Stanley Black & Decker's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $59.95. Stanley Black & Decker's Cyclically Adjusted PB Ratio for today is 1.48.

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

LTS:0L9E' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.28   Med: 3.09   Max: 4.5
Current: 1.49

During the past years, Stanley Black & Decker's highest Cyclically Adjusted PB Ratio was 4.50. The lowest was 1.28. And the median was 3.09.

LTS:0L9E's Cyclically Adjusted PB Ratio is ranked better than
57.79% of 2068 companies
in the Industrial Products industry
Industry Median: 1.845 vs LTS:0L9E: 1.49

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.

Stanley Black & Decker's adjusted book value per share data for the three months ended in Mar. 2024 was $57.694. 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 $59.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stanley Black & Decker Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stanley Black & Decker'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.

Stanley Black & Decker Cyclically Adjusted PB Ratio Chart

Stanley Black & Decker 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 3.59 3.74 3.59 1.32 1.66

Stanley Black & Decker 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 1.39 1.59 1.41 1.66 1.63

Competitive Comparison of Stanley Black & Decker's Cyclically Adjusted PB Ratio

For the Tools & Accessories subindustry, Stanley Black & Decker'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.


Stanley Black & Decker's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Stanley Black & Decker's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stanley Black & Decker's Cyclically Adjusted PB Ratio falls into.



Stanley Black & Decker 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.

Stanley Black & Decker's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=88.50/59.95
=1.48

* 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.

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

For example, Stanley Black & Decker'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)
=57.694/131.7762*131.7762
=57.694

Current CPI (Mar. 2024) = 131.7762.

Stanley Black & Decker Quarterly Data

Book Value per Share CPI Adj_Book
201406 45.375 100.560 59.461
201409 44.770 100.428 58.745
201412 40.917 99.070 54.425
201503 35.737 99.621 47.272
201506 36.813 100.684 48.181
201509 35.889 100.392 47.109
201512 37.751 99.792 49.850
201603 36.822 100.470 48.295
201606 37.699 101.688 48.854
201609 39.199 101.861 50.711
201612 41.734 101.863 53.990
201703 44.648 102.862 57.198
201706 45.556 103.349 58.087
201709 47.625 104.136 60.266
201712 49.028 104.011 62.116
201803 49.918 105.290 62.475
201806 48.270 106.317 59.829
201809 47.600 106.507 58.893
201812 46.835 105.998 58.225
201903 47.471 107.251 58.327
201906 49.424 108.070 60.266
201909 49.651 108.329 60.397
201912 51.505 108.420 62.600
202003 48.554 108.902 58.753
202006 55.109 108.767 66.767
202009 57.802 109.815 69.362
202012 60.275 109.897 72.275
202103 61.597 111.754 72.633
202106 64.285 114.631 73.900
202109 65.730 115.734 74.841
202112 67.166 117.630 75.244
202203 57.855 121.301 62.851
202206 57.236 125.017 60.331
202209 60.339 125.227 63.495
202212 63.484 125.222 66.807
202303 61.976 127.348 64.131
202306 62.224 128.729 63.697
202309 60.839 129.860 61.737
202312 58.951 129.419 60.025
202403 57.694 131.776 57.694

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.


Stanley Black & Decker  (LTS:0L9E) 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.


Stanley Black & Decker Cyclically Adjusted PB Ratio Related Terms

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


Stanley Black & Decker (LTS:0L9E) Business Description

Address
1000 Stanley Drive, New Britain, CT, USA, 06053
Stanley Black & Decker Inc is a manufacturer of hand and power tools. The company operates in two reportable segments namely Tools and Outdoor and Industrial. It generates maximum revenue from the Tools and Outdoor segment. The Tools and Outdoor segment is comprised of the Power Tools Group (PTG), Hand Tools, Accessories and Storage (HTAS), and Outdoor Power Equipment (Outdoor) businesses. Geographically, it derives a majority of its revenue from the United States.

Stanley Black & Decker (LTS:0L9E) Headlines

No Headlines