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Powell Industries (STU:PW2) Cyclically Adjusted PB Ratio : 6.29 (As of May. 31, 2024)


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What is Powell Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-31), Powell Industries's current share price is €188.90. Powell Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €30.02. Powell Industries's Cyclically Adjusted PB Ratio for today is 6.29.

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

STU:PW2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.25   Max: 6.22
Current: 6.22

During the past years, Powell Industries's highest Cyclically Adjusted PB Ratio was 6.22. The lowest was 0.60. And the median was 1.25.

STU:PW2's Cyclically Adjusted PB Ratio is ranked worse than
88.55% of 2139 companies
in the Industrial Products industry
Industry Median: 1.87 vs STU:PW2: 6.22

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.

Powell Industries's adjusted book value per share data for the three months ended in Mar. 2024 was €30.221. 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 €30.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Powell Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Powell Industries'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.

Powell Industries Cyclically Adjusted PB Ratio Chart

Powell Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.34 0.82 0.80 0.64 2.51

Powell Industries 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 1.30 1.84 2.51 2.70 4.30

Competitive Comparison of Powell Industries's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Powell Industries'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.


Powell Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Powell Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Powell Industries 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.

Powell Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=188.90/30.02
=6.29

* 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.

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

For example, Powell Industries'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)
=30.221/131.7762*131.7762
=30.221

Current CPI (Mar. 2024) = 131.7762.

Powell Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.979 100.560 30.112
201409 23.935 100.428 31.406
201412 24.489 99.070 32.574
201503 26.764 99.621 35.403
201506 26.277 100.684 34.392
201509 25.978 100.392 34.099
201512 26.273 99.792 34.694
201603 26.290 100.470 34.482
201606 26.137 101.688 33.871
201609 26.223 101.861 33.924
201612 27.418 101.863 35.470
201703 26.830 102.862 34.372
201706 25.317 103.349 32.281
201709 23.587 104.136 29.848
201712 23.095 104.011 29.260
201803 21.677 105.290 27.130
201806 22.497 106.317 27.884
201809 22.529 106.507 27.874
201812 22.315 105.998 27.742
201903 22.402 107.251 27.525
201906 22.649 108.070 27.617
201909 23.484 108.329 28.567
201912 23.411 108.420 28.454
202003 23.387 108.902 28.299
202006 23.210 108.767 28.120
202009 22.410 109.815 26.892
202012 21.675 109.897 25.990
202103 22.009 111.754 25.952
202106 21.506 114.631 24.723
202109 21.899 115.734 24.934
202112 22.237 117.630 24.911
202203 22.573 121.301 24.522
202206 23.765 125.017 25.050
202209 25.478 125.227 26.811
202212 23.808 125.222 25.054
202303 24.081 127.348 24.918
202306 25.219 128.729 25.816
202309 27.254 129.860 27.656
202312 28.087 129.419 28.598
202403 30.221 131.776 30.221

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.


Powell Industries  (STU:PW2) 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.


Powell Industries Cyclically Adjusted PB Ratio Related Terms

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


Powell Industries (STU:PW2) Business Description

Traded in Other Exchanges
Address
8550 Mosley Road, Houston, TX, USA, 77075-1180
Powell Industries Inc is a United States-based company that develops, designs, manufactures, and services custom-engineered equipment and systems for electrical energy distribution, control, and monitoring. The company's principal products comprise integrated power control room substations, custom-engineered modules, electrical houses, traditional and arc-resistant distribution switchgear and control gear, and so on. These products are applied in oil and gas refining, offshore oil and gas production, petrochemical, pipeline, terminal, mining and metals, light-rail traction power, electric utility, pulp and paper, and other heavy industrial markets. The company generates the majority of its sales from the United States.

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