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Colgate-Palmolive Co (FRA:CPA) Cyclically Adjusted PB Ratio : 414.05 (As of May. 16, 2024)


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What is Colgate-Palmolive Co Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Colgate-Palmolive Co's current share price is €86.95. Colgate-Palmolive Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.21. Colgate-Palmolive Co's Cyclically Adjusted PB Ratio for today is 414.05.

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

FRA:CPA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 29.55   Med: 44.32   Max: 418.29
Current: 418.29

During the past years, Colgate-Palmolive Co's highest Cyclically Adjusted PB Ratio was 418.29. The lowest was 29.55. And the median was 44.32.

FRA:CPA's Cyclically Adjusted PB Ratio is ranked worse than
99.92% of 1254 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs FRA:CPA: 418.29

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.

Colgate-Palmolive Co's adjusted book value per share data for the three months ended in Mar. 2024 was €0.258. 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 €0.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Colgate-Palmolive Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Colgate-Palmolive 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.

Colgate-Palmolive Co Cyclically Adjusted PB Ratio Chart

Colgate-Palmolive 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 63.29 91.12 116.87 155.69 287.98

Colgate-Palmolive 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 165.93 191.65 207.99 287.98 398.47

Competitive Comparison of Colgate-Palmolive Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Colgate-Palmolive 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.


Colgate-Palmolive Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Colgate-Palmolive Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Colgate-Palmolive 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.

Colgate-Palmolive Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=86.95/0.21
=414.05

* 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.

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

For example, Colgate-Palmolive 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)
=0.258/129.4194*129.4194
=0.258

Current CPI (Mar. 2024) = 129.4194.

Colgate-Palmolive Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.434 100.560 1.846
201409 1.209 100.428 1.558
201412 1.024 99.070 1.338
201503 0.470 99.621 0.611
201506 0.449 100.684 0.577
201509 0.253 100.392 0.326
201512 -0.307 99.792 -0.398
201603 -0.372 100.470 -0.479
201606 -0.281 101.688 -0.358
201609 -0.133 101.861 -0.169
201612 -0.261 101.863 -0.332
201703 -0.331 102.862 -0.416
201706 -0.245 103.349 -0.307
201709 -0.103 104.136 -0.128
201712 -0.058 104.011 -0.072
201803 -0.231 105.290 -0.284
201806 -0.516 106.317 -0.628
201809 -0.425 106.507 -0.516
201812 -0.104 105.998 -0.127
201903 -0.569 107.251 -0.687
201906 -0.358 108.070 -0.429
201909 -0.343 108.329 -0.410
201912 0.123 108.420 0.147
202003 -0.119 108.902 -0.141
202006 0.278 108.767 0.331
202009 0.647 109.815 0.763
202012 0.719 109.897 0.847
202103 0.260 111.754 0.301
202106 0.457 114.631 0.516
202109 0.596 115.734 0.666
202112 0.641 117.630 0.705
202203 0.348 121.301 0.371
202206 0.191 125.017 0.198
202209 0.752 125.227 0.777
202212 0.456 125.222 0.471
202303 -0.007 127.348 -0.007
202306 -0.071 128.729 -0.071
202309 -0.010 129.860 -0.010
202312 0.680 129.419 0.680
202403 0.258 129.419 0.258

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.


Colgate-Palmolive Co  (FRA:CPA) 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.


Colgate-Palmolive Co Cyclically Adjusted PB Ratio Related Terms

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Colgate-Palmolive Co (FRA:CPA) Business Description

Address
300 Park Avenue, New York, NY, USA, 10022-7499
Since its founding in 1806, Colgate-Palmolive has grown to become a leading global consumer product company. In addition to its namesake oralcare line, the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International accounts for about 70% of its total sales base, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's, which sells its products through veterinarians and specialty pet retailers.