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Emerson Electric Co (XSWX:EMR) Cyclically Adjusted PB Ratio : (As of May. 31, 2024)


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What is Emerson Electric Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Emerson Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Emerson Electric 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.

Emerson Electric Co Cyclically Adjusted PB Ratio Chart

Emerson Electric Co 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 4.55 4.44 6.10 4.40 5.32

Emerson Electric 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 5.14 5.14 5.32 5.27 5.89

Competitive Comparison of Emerson Electric Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Emerson Electric 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.


Emerson Electric Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Emerson Electric Co's Cyclically Adjusted PB Ratio falls into.



Emerson Electric 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.

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

For example, Emerson Electric 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)
=30.963/131.7762*131.7762
=30.963

Current CPI (Mar. 2024) = 131.7762.

Emerson Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.863 100.560 18.166
201409 13.611 100.428 17.860
201412 13.472 99.070 17.920
201503 12.967 99.621 17.152
201506 12.294 100.684 16.091
201509 12.005 100.392 15.758
201512 11.537 99.792 15.235
201603 11.732 100.470 15.388
201606 11.905 101.688 15.428
201609 11.458 101.861 14.823
201612 12.196 101.863 15.778
201703 12.443 102.862 15.941
201706 12.050 103.349 15.364
201709 13.076 104.136 16.547
201712 12.993 104.011 16.461
201803 12.747 105.290 15.954
201806 13.254 106.317 16.428
201809 13.769 106.507 17.036
201812 13.266 105.998 16.492
201903 13.875 107.251 17.048
201906 13.748 108.070 16.764
201909 13.348 108.329 16.237
201912 13.529 108.420 16.443
202003 12.069 108.902 14.604
202006 12.466 108.767 15.103
202009 12.859 109.815 15.431
202012 13.175 109.897 15.798
202103 14.153 111.754 16.689
202106 14.062 114.631 16.165
202109 15.205 115.734 17.313
202112 15.737 117.630 17.630
202203 16.386 121.301 17.801
202206 16.685 125.017 17.587
202209 16.818 125.227 17.698
202212 16.661 125.222 17.533
202303 17.529 127.348 18.139
202306 30.720 128.729 31.447
202309 31.030 129.860 31.488
202312 29.808 129.419 30.351
202403 30.963 131.776 30.963

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.


Emerson Electric Co  (XSWX:EMR) 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.


Emerson Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Emerson Electric Co (XSWX:EMR) Business Description

Address
8000 West Florissant Avenue, P.O. Box 4100, St. Louis, MO, USA, 63136
Emerson Electric sells automation equipment and services under two segments: intelligent devices and software control. Within software and control, it also holds a majority interest in AspenTech, an industrial software business, and owns a test and measurement business that was formerly National Instruments. Intelligent devices also holds Emerson's tools business, which boasts several household brands, like Ridgid. Emerson's automation business is most known for its process manufacturing solutions, which consists of measurement and analytical instrumentation, as well as control valves and actuators, among other products and services. Nearly half of the firm's geographic sales come from the Americas.

Emerson Electric Co (XSWX:EMR) Headlines

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