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Tyco International (BUE:JCI) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Tyco International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Tyco International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tyco International'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.

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Tyco International Cyclically Adjusted PB Ratio Chart

Tyco International Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Cyclically Adjusted PB Ratio
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Tyco International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Tyco International's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Tyco International'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.


Tyco International's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Tyco International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Tyco International 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.

Tyco International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Tyco International's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=747.241/101.0715*101.0715
=747.241

Current CPI (Jun. 2016) = 101.0715.

Tyco International Quarterly Data

Book Value per Share CPI Adj_Book
200609 1,154.720 93.696 1,245.623
200612 1,164.164 94.393 1,246.528
200703 1,208.460 95.689 1,276.436
200706 497.732 96.985 518.705
200709 519.187 97.982 535.560
200712 527.811 98.779 540.061
200803 546.084 100.474 549.334
200806 530.337 101.769 526.701
200809 532.404 102.268 526.177
200812 568.883 99.875 575.696
200903 488.911 97.782 505.358
200906 528.659 96.287 554.927
200909 543.194 95.589 574.347
200912 527.414 94.892 561.762
201003 551.305 94.792 587.827
201006 576.627 95.490 610.333
201009 597.870 95.988 629.533
201012 617.874 96.187 649.248
201103 629.475 97.683 651.314
201106 657.789 98.081 677.844
201109 670.435 98.480 688.078
201112 695.541 98.480 713.845
201203 722.305 99.875 730.955
201206 742.410 99.676 752.803
201209 265.715 100.075 268.361
201212 283.750 99.676 287.722
201303 271.276 100.374 273.162
201306 284.323 100.374 286.299
201309 330.399 100.274 333.026
201312 369.946 99.875 374.376
201403 452.869 100.573 455.113
201406 568.858 100.773 570.546
201409 479.812 100.474 482.668
201412 451.416 99.576 458.194
201503 458.723 99.975 463.754
201506 485.855 100.573 488.263
201509 471.028 100.274 474.774
201512 640.486 99.676 649.452
201603 745.379 99.676 755.814
201606 747.241 101.072 747.241

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.


Tyco International  (BUE:JCI) 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.


Tyco International Cyclically Adjusted PB Ratio Related Terms

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Tyco International (BUE:JCI) Business Description

Traded in Other Exchanges
N/A
Address
Unit 1202 Building 1000 City Gate, Mahon, Cork, IRL, 8212
Tyco International PLC is a global provider of security products and services, fire detection and suppression products and services, and life safety products. Brand names include Tyco, Tyco Integrated Security, SimplexGrinnell, Sensormatic, Wormald, Scott, and ADT (outside North American markets). The revenue breakdown is 37% North America installation and services, 38% rest of world installation and services, and 25% global products. Tyco completed its spin-off of ADT and the flow control business in September 2012, five years after its prior three-way split.