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Rogers (Rogers) Cyclically Adjusted PB Ratio : 2.10 (As of May. 18, 2024)


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What is Rogers Cyclically Adjusted PB Ratio?

As of today (2024-05-18), Rogers's current share price is $117.99. Rogers's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $56.11. Rogers's Cyclically Adjusted PB Ratio for today is 2.10.

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

ROG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.78   Med: 3.16   Max: 6.41
Current: 2.1

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.

ROG's Cyclically Adjusted PB Ratio is ranked worse than
59.72% of 1867 companies
in the Hardware industry
Industry Median: 1.65 vs ROG: 2.10

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 $67.369. 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 $56.11 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
=117.99/56.11
=2.10

* 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)
=67.369/131.7762*131.7762
=67.369

Current CPI (Mar. 2024) = 131.7762.

Rogers Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.771 100.560 42.944
201409 32.648 100.428 42.839
201412 31.912 99.070 42.447
201503 30.802 99.621 40.744
201506 32.166 100.684 42.099
201509 32.039 100.392 42.055
201512 32.555 99.792 42.989
201603 33.912 100.470 44.479
201606 34.015 101.688 44.080
201609 35.044 101.861 45.336
201612 35.280 101.863 45.640
201703 37.484 102.862 48.021
201706 39.549 103.349 50.427
201709 41.229 104.136 52.172
201712 41.992 104.011 53.201
201803 43.508 105.290 54.453
201806 43.786 106.317 54.271
201809 44.937 106.507 55.599
201812 46.117 105.998 57.332
201903 46.820 107.251 57.527
201906 48.360 108.070 58.969
201909 49.248 108.329 59.907
201912 50.272 108.420 61.102
202003 50.252 108.902 60.807
202006 51.563 108.767 62.471
202009 52.850 109.815 63.419
202012 54.653 109.897 65.534
202103 55.625 111.754 65.591
202106 57.508 114.631 66.109
202109 58.693 115.734 66.828
202112 59.738 117.630 66.922
202203 59.431 121.301 64.563
202206 58.826 125.017 62.007
202209 57.934 125.227 60.964
202212 63.126 125.222 66.430
202303 63.317 127.348 65.519
202306 64.762 128.729 66.295
202309 65.031 129.860 65.991
202312 67.628 129.419 68.860
202403 67.369 131.776 67.369

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  (NYSE:ROG) 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 (Rogers) 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.
Executives
Brian Keith Larabee officer: Vice President - EMS 689 PUDDING HILL ROAD, HAMPTON CT 06247
Griffin Melaney Gappert officer: VP, Chief Technology Officer 24 OLD FARMSTEAD RD, CHESTER NJ 07930
Anne K Roby director 39 OLD RIDGEBURY ROAD, DANBURY CT 06810-5113
Lauzon Armand F Jr director 227 WEST MONROE STREET, SUITE 2600, CHICAGO IL 60606
Larry L Berger director 1 ECOLAB PLACE, SAINT PAUL MN 55102
Ramakumar Mayampurath officer: SVP, CFO, Treasurer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Michael Reed Webb officer: SVP & Chief Admin Officer 2225 W CHANDLER BLVD, CHANDLER AZ 85224
Jessica Ann Morton officer: VP, Gen Counsel, Secretary 803 S. 2ND STREET, PHILADELPHIA PA 19147
Lawrence Erwin Schmid officer: Senior VP Global Operations 1863 BENDING STREAM DRIVE, LEAGUE CITY TX 77573
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
Peter C Wallace director C/O ROBBINS & MYERS, INC., 51 PLUM STREET, SUITE 260, DAYTON OH 45440
Gouveia Randall Colin officer: SVP, GM of EMA 2225 W. CHANDLER BLVD.,, CHANDLER AZ 85224
Keith Barnes director 10100 N TANTAU AVE, CUPERTINO CA 95014-2540
Robert C Daigle officer: V.P. R&D and CTO C/O: ROGERS CORPORATION, ONE TECHNOLOGY DRIVE PO BOX 188, ROGERS CT 06263-0188
Bruce D. Hoechner director, officer: President and CEO 2225 W CHANDLER BLVD, CHANDLER AZ 85224

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