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Masco (BSP:M1AS34) Cyclically Adjusted PB Ratio : (As of May. 31, 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)
=-1.696/131.7762*131.7762
=-1.696

Current CPI (Mar. 2024) = 131.7762.

Masco Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.390 100.560 5.753
201409 7.664 100.428 10.056
201412 7.076 99.070 9.412
201503 6.950 99.621 9.193
201506 -0.425 100.684 -0.556
201509 -1.844 100.392 -2.420
201512 -1.585 99.792 -2.093
201603 -1.400 100.470 -1.836
201606 -1.213 101.688 -1.572
201609 -0.971 101.861 -1.256
201612 -3.143 101.863 -4.066
201703 -2.625 102.862 -3.363
201706 -1.355 103.349 -1.728
201709 -1.583 104.136 -2.003
201712 -0.563 104.011 -0.713
201803 -0.760 105.290 -0.951
201806 -0.417 106.317 -0.517
201809 0.484 106.507 0.599
201812 -1.467 105.998 -1.824
201903 -1.910 107.251 -2.347
201906 -1.212 108.070 -1.478
201909 -2.059 108.329 -2.505
201912 -3.500 108.420 -4.254
202003 -6.447 108.902 -7.801
202006 -2.710 108.767 -3.283
202009 2.910 109.815 3.492
202012 3.885 109.897 4.658
202103 -0.377 111.754 -0.445
202106 -3.133 114.631 -3.602
202109 -2.725 115.734 -3.103
202112 -4.197 117.630 -4.702
202203 -7.825 121.301 -8.501
202206 -16.608 125.017 -17.506
202209 -14.345 125.227 -15.095
202212 -11.175 125.222 -11.760
202303 -8.770 127.348 -9.075
202306 -4.143 128.729 -4.241
202309 -1.232 129.860 -1.250
202312 -2.799 129.419 -2.850
202403 -1.696 131.776 -1.696

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  (BSP:M1AS34) 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 (BSP:M1AS34) 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.

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