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Crane Co (Crane Co) Cyclically Adjusted PB Ratio : 4.97 (As of Apr. 28, 2024)


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What is Crane Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Crane Co's current share price is $144.35. Crane Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.02. Crane Co's Cyclically Adjusted PB Ratio for today is 4.97.

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

CR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.56   Max: 4.97
Current: 4.97

During the past years, Crane Co's highest Cyclically Adjusted PB Ratio was 4.97. The lowest was 1.20. And the median was 2.56.

CR's Cyclically Adjusted PB Ratio is ranked worse than
85.62% of 1996 companies
in the Industrial Products industry
Industry Median: 1.72 vs CR: 4.97

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.

Crane Co's adjusted book value per share data for the three months ended in Mar. 2024 was $24.601. 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 $29.02 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crane Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crane 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.

Crane Co Cyclically Adjusted PB Ratio Chart

Crane Co 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 2.58 2.22 2.62 2.33 4.06

Crane 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 2.56 3.06 3.03 4.06 4.66

Competitive Comparison of Crane Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Crane 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.


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

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

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



Crane 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.

Crane Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=144.35/29.02
=4.97

* 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.

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

For example, Crane 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)
=24.601/129.4194*129.4194
=24.601

Current CPI (Mar. 2024) = 129.4194.

Crane Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 22.305 100.560 28.706
201409 21.380 100.428 27.552
201412 18.234 99.070 23.820
201503 17.440 99.621 22.657
201506 18.619 100.684 23.933
201509 18.935 100.392 24.410
201512 19.608 99.792 25.429
201603 20.811 100.470 26.807
201606 21.548 101.688 27.424
201609 22.473 101.861 28.553
201612 19.228 101.863 24.430
201703 20.690 102.862 26.032
201706 22.134 103.349 27.717
201709 23.152 104.136 28.773
201712 22.642 104.011 28.173
201803 24.149 105.290 29.683
201806 24.229 106.317 29.494
201809 25.554 106.507 31.051
201812 25.613 105.998 31.272
201903 26.560 107.251 32.050
201906 27.891 108.070 33.401
201909 28.302 108.329 33.812
201912 24.977 108.420 29.815
202003 24.237 108.902 28.803
202006 24.491 108.767 29.141
202009 25.926 109.815 30.554
202012 26.302 109.897 30.974
202103 27.322 111.754 31.641
202106 29.428 114.631 33.224
202109 30.790 115.734 34.431
202112 31.681 117.630 34.856
202203 30.606 121.301 32.654
202206 33.191 125.017 34.360
202209 30.431 125.227 31.450
202212 33.757 125.222 34.889
202303 35.526 127.348 36.104
202306 21.764 128.729 21.881
202309 22.608 129.860 22.531
202312 23.855 129.419 23.855
202403 24.601 129.419 24.601

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.


Crane Co  (NYSE:CR) 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.


Crane Co Cyclically Adjusted PB Ratio Related Terms

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


Crane Co (Crane Co) Business Description

Industry
Traded in Other Exchanges
Address
100 First Stamford Place, Stamford, CT, USA, 06902
Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2 billion in revenue in 2022.
Executives
Max H Mitchell officer: President & CEO CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Richard A Maue director, officer: Exec. V.P., CFO & PAO C/O PAXAR CORPORATION, 105 CORPORATE PARK DRIVE, WHITE PLAINS NY 10604
Marijane V. Papanikolaou officer: V.P, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Jennifer Kartono officer: SVP, CHRO 950 WINTER STREET 4TH FLOOR, WALTHAM MA 02451
Fund Crane 10 percent owner C/O CRANE CO, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Paul Gerard Igoe officer: SVP, General Counsel & Sec. LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
Sanjay Kapoor director C/O SPIRIT AEROSYSTEMS HOLDINGS, INC., 3801 SOUTH OLIVER STREET, WICHITA KS 67210
William K Grogan director 3100 SANDERS ROAD, SUITE 301, NORTHBROOK IL 60062
Bianca B. Shardelow officer: VP, Controller & CAO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Cristen L Kogl director 3 OVERLOOK POINT, LINCOLNSHIRE IL 60069
Tamara S. Polmanteer officer: Exec. Vice President & CHRO 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Ronald Carter Lindsay director 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Tullis James L L director 100 FIRST STAMFORD PLACE, STAMFORD CT 06907
Charles G Mcclure director 55 CABOT PL, BLOOMFIELD HILLS MI 48304
Alejandro Alcala officer: Executive Vice President 100 FIRST STAMFORD PLACE, STAMFORD CT 06902

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