GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Procter & Gamble Co (UKEX:PG) » Definitions » Cyclically Adjusted PB Ratio

Procter & Gamble Co (UKEX:PG) Cyclically Adjusted PB Ratio : 6.60 (As of May. 26, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Procter & Gamble Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Procter & Gamble Co's current share price is ₴5535.00. Procter & Gamble Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₴839.20. Procter & Gamble Co's Cyclically Adjusted PB Ratio for today is 6.60.

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

UKEX:PG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.88   Med: 4.03   Max: 6.81
Current: 6.72

During the past years, Procter & Gamble Co's highest Cyclically Adjusted PB Ratio was 6.81. The lowest was 2.88. And the median was 4.03.

UKEX:PG's Cyclically Adjusted PB Ratio is ranked worse than
91.88% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs UKEX:PG: 6.72

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.

Procter & Gamble Co's adjusted book value per share data for the three months ended in Mar. 2024 was ₴836.718. 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 ₴839.20 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Procter & Gamble Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Procter & Gamble 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.

Procter & Gamble Co Cyclically Adjusted PB Ratio Chart

Procter & Gamble Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.47 5.02 5.55 5.65 6.08

Procter & Gamble 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 5.95 6.08 5.87 5.99 6.60

Competitive Comparison of Procter & Gamble Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Procter & Gamble 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.


Procter & Gamble Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Procter & Gamble Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Procter & Gamble Co's Cyclically Adjusted PB Ratio falls into.



Procter & Gamble 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.

Procter & Gamble Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5535.00/839.2
=6.60

* 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.

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

For example, Procter & Gamble 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)
=836.718/131.7762*131.7762
=836.718

Current CPI (Mar. 2024) = 131.7762.

Procter & Gamble Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,007.205 100.560 1,319.872
201409 963.704 100.428 1,264.523
201412 935.864 99.070 1,244.827
201503 910.985 99.621 1,205.027
201506 905.977 100.684 1,185.753
201509 902.158 100.392 1,184.193
201512 897.800 99.792 1,185.548
201603 875.730 100.470 1,148.601
201606 846.047 101.688 1,096.381
201609 857.454 101.861 1,109.277
201612 816.038 101.863 1,055.680
201703 828.124 102.862 1,060.905
201706 850.688 103.349 1,084.677
201709 850.620 104.136 1,076.399
201712 844.857 104.011 1,070.386
201803 850.467 105.290 1,064.411
201806 823.718 106.317 1,020.972
201809 825.266 106.507 1,021.066
201812 850.102 105.998 1,056.844
201903 865.316 107.251 1,063.194
201906 740.537 108.070 902.985
201909 734.091 108.329 892.978
201912 724.513 108.420 880.589
202003 722.912 108.902 874.759
202006 737.638 108.767 893.680
202009 764.666 109.815 917.588
202012 770.018 109.897 923.321
202103 748.741 111.754 882.885
202106 750.903 114.631 863.212
202109 749.688 115.734 853.602
202112 731.923 117.630 819.948
202203 745.780 121.301 810.183
202206 766.151 125.017 807.575
202209 731.562 125.227 769.825
202212 741.346 125.222 780.150
202303 753.833 127.348 780.047
202306 780.031 128.729 798.497
202309 797.439 129.860 809.209
202312 813.148 129.419 827.956
202403 836.718 131.776 836.718

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.


Procter & Gamble Co  (UKEX:PG) 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.


Procter & Gamble Co Cyclically Adjusted PB Ratio Related Terms

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


Procter & Gamble Co (UKEX:PG) Business Description

Address
One Procter and Gamble Plaza, Cincinnati, OH, USA, 45202
Since its founding in 1837, Procter & Gamble has become one of the world's largest consumer product manufacturers, generating more than $80 billion in annual sales. It operates with a lineup of leading brands, including more than 20 that generate north of $1 billion each in annual global sales, such as Tide laundry detergent, Charmin toilet paper, Pantene shampoo, and Pampers diapers. P&G sold its last remaining food brand, Pringles, to Kellogg in calendar 2012. Sales outside its home turf represent just more than half of the firm's consolidated total.

Procter & Gamble Co (UKEX:PG) Headlines