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Masco (MAS) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Masco Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Masco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Masco'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.

Masco Cyclically Adjusted PB Ratio Chart

Masco 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 36.19 73.03 194.48 - -

Masco 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 - - - - -

Competitive Comparison of Masco's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Masco'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.


Masco's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Masco's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Masco 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.

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

For example, Masco'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)
=-0.341/129.4194*129.4194
=-0.341

Current CPI (Mar. 2024) = 129.4194.

Masco Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.963 100.560 2.526
201409 3.278 100.428 4.224
201412 2.678 99.070 3.498
201503 2.212 99.621 2.874
201506 -0.137 100.684 -0.176
201509 -0.473 100.392 -0.610
201512 -0.408 99.792 -0.529
201603 -0.379 100.470 -0.488
201606 -0.354 101.688 -0.451
201609 -0.299 101.861 -0.380
201612 -0.937 101.863 -1.190
201703 -0.839 102.862 -1.056
201706 -0.411 103.349 -0.515
201709 -0.505 104.136 -0.628
201712 -0.171 104.011 -0.213
201803 -0.232 105.290 -0.285
201806 -0.111 106.317 -0.135
201809 0.118 106.507 0.143
201812 -0.378 105.998 -0.462
201903 -0.497 107.251 -0.600
201906 -0.314 108.070 -0.376
201909 -0.500 108.329 -0.597
201912 -0.853 108.420 -1.018
202003 -1.319 108.902 -1.568
202006 -0.522 108.767 -0.621
202009 0.539 109.815 0.635
202012 0.755 109.897 0.889
202103 -0.067 111.754 -0.078
202106 -0.623 114.631 -0.703
202109 -0.516 115.734 -0.577
202112 -0.742 117.630 -0.816
202203 -1.572 121.301 -1.677
202206 -3.290 125.017 -3.406
202209 -2.736 125.227 -2.828
202212 -2.130 125.222 -2.201
202303 -1.684 127.348 -1.711
202306 -0.854 128.729 -0.859
202309 -0.249 129.860 -0.248
202312 -0.571 129.419 -0.571
202403 -0.341 129.419 -0.341

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.


Masco  (NYSE:MAS) 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.


Masco Cyclically Adjusted PB Ratio Related Terms

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


Masco (MAS) Business Description

Industry
Traded in Other Exchanges
Address
17450 College Parkway, Livonia, MI, USA, 48152
Masco manufactures a variety of home improvement and building products. The company's $5.3 billion plumbing segment, led by the Delta and Hansgrohe brands, sells faucets, showerheads, and other related plumbing fixtures and components. The $3.4 billion decorative architectural segment primarily sells paints and other coatings under the Behr and Kilz brands, but it also sells builder hardware and lighting products.
Executives
Kenneth G. Cole officer: VP, General Counsel and Sec. 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jai Shah officer: VP - Chief HR Officer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Richard J. Westenberg officer: VP and CFO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Donald R Parfet director C/O 350 E MICHIGAN AVENUE STE 500, APJOHN GROUP LLC, KALAMAZOO MI 49007
Renee Straber officer: VP - Chief HR Officer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Keith J. Allman director, officer: President and CEO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Reddy Sandeep director C/O GUESS?, INC., 1444 SOUTH ALAMEDA STREET, LOS ANGELES CA 90021
David A. Chaika officer: Interim CFO 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Jonathon Nudi director GENERAL MILLS, INC., ONE GENERAL MILLS BLVD, MINNEAPOLIS MN 55426
John G Sznewajs officer: VP Corp. Development&Treasurer 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Imran Ahmad officer: Group President 17450 COLLEGE PARKWAY, LIVONIA MI 48152
Turner Reginald M Jr director 500 WOODWARD AVE, SUITE 3500, DETROIT MI 48226
Stevens Charles K. Iii director 300 RENAISSANCE CENTER, M/C: 482-C25-A36, DETROIT MI 48265-3000
Aine Denari director C/O BRUNSWICK CORPORATION, 26125 N. RIVERWOODS BLVD. #500, METTAWA IL 60045
Robin L Zondervan officer: VP, Controller and CAO 901 44TH STREET SE, GRAND RAPIDS MI 49508

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