The historical rank and industry rank for Compass Diversified Holdings's Cyclically Adjusted PB Ratio or its related term are showing as below:
CODI'
s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97 Med: 1.36 Max: 2.41
Current: 1.46
During the past years, Compass Diversified Holdings's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 0.97. And the median was 1.36.
CODI's Cyclically Adjusted PB Ratio is ranked worse than 65.63% of 416
companies
in the Conglomerates industry
Industry Median: 0.92
vs CODI: 1.46
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.
Compass Diversified Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $13.589. 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 $15.29 for the trailing ten years ended in Dec. 2023.
Shiller PE for Stocks: The True Measure of Stock Valuation
Compass Diversified Holdings Cyclically Adjusted PB Ratio Historical Data
* 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.
Compass Diversified Holdings Cyclically Adjusted PB Ratio Chart
Competitive Comparison of Compass Diversified Holdings's Cyclically Adjusted PB Ratio
For the Conglomerates subindustry, Compass Diversified Holdings'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.
Compass Diversified Holdings's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Compass Diversified Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Compass Diversified Holdings's Cyclically Adjusted PB Ratio falls into.
Compass Diversified Holdings 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.
* 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.
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.
Compass Diversified Holdings (NYSE:CODI) 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.
Compass Diversified Holdings Cyclically Adjusted PB Ratio Related Terms
Thank you for viewing the detailed overview of Compass Diversified Holdings's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Compass Diversified Holdings (Compass Diversified Holdings) Business Description
Compass Diversified Holdings is a diversified business conglomerate based in the United States having two groups: branded consumer business and niche industrial business. Branded consumer businesses are characterized as those businesses that capitalize on a valuable brand name in their respective market sector. It includes 5.11, Ergobaby, Liberty Safe, and Velocity Outdoor. Niche industrial businesses are characterized as those businesses that focus on manufacturing and selling particular products and industrial services within a specific market sector. It includes Advanced Circuits, Arnold, Foam Fabricators, and Sterno. The company has operations in the United States, Canada, Europe, Asia Pacific, and other International areas.
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