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Masonite International (FRA:MII) Cyclically Adjusted PB Ratio : 4.35 (As of May. 17, 2024)


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What is Masonite International Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Masonite International's current share price is €122.00. Masonite International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €28.06. Masonite International's Cyclically Adjusted PB Ratio for today is 4.35.

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

FRA:MII' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.31   Med: 3.39   Max: 4.73
Current: 4.32

During the past years, Masonite International's highest Cyclically Adjusted PB Ratio was 4.73. The lowest was 2.31. And the median was 3.39.

FRA:MII's Cyclically Adjusted PB Ratio is ranked worse than
89.27% of 1193 companies
in the Construction industry
Industry Median: 1.11 vs FRA:MII: 4.32

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.

Masonite International's adjusted book value per share data for the three months ended in Mar. 2024 was €38.112. 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 €28.06 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Masonite International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Masonite 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.

* Premium members only.

Masonite International Cyclically Adjusted PB Ratio Chart

Masonite International 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 - 3.63 4.27 2.75 2.77

Masonite International 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 3.06 3.40 3.07 2.77 4.28

Competitive Comparison of Masonite International's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Masonite 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.


Masonite International's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Masonite 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.

Masonite International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=122.00/28.06
=4.35

* 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.

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

For example, Masonite International'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)
=38.112/126.2576*126.2576
=38.112

Current CPI (Mar. 2024) = 126.2576.

Masonite International Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.588 99.473 24.862
201409 19.705 99.394 25.031
201412 19.169 98.367 24.604
201503 19.820 99.789 25.077
201506 19.746 100.500 24.807
201509 18.659 100.421 23.460
201512 19.381 99.947 24.483
201603 19.289 101.054 24.100
201606 19.902 102.002 24.635
201609 19.874 101.765 24.657
201612 20.596 101.449 25.633
201703 20.653 102.634 25.407
201706 20.499 103.029 25.121
201709 19.345 103.345 23.634
201712 21.524 103.345 26.296
201803 20.574 105.004 24.738
201806 21.634 105.557 25.877
201809 21.849 105.636 26.114
201812 20.769 105.399 24.879
201903 20.874 106.979 24.636
201906 21.326 107.690 25.003
201909 21.914 107.611 25.711
201912 22.613 107.769 26.492
202003 21.634 107.927 25.308
202006 23.058 108.401 26.856
202009 21.986 108.164 25.664
202012 23.054 108.559 26.812
202103 24.906 110.298 28.510
202106 25.317 111.720 28.611
202109 25.940 112.905 29.008
202112 25.783 113.774 28.612
202203 24.748 117.646 26.560
202206 27.686 120.806 28.935
202209 31.082 120.648 32.527
202212 31.195 120.964 32.560
202303 32.472 122.702 33.413
202306 34.370 124.203 34.938
202309 36.180 125.230 36.477
202312 35.623 125.072 35.961
202403 38.112 126.258 38.112

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.


Masonite International  (FRA:MII) 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.


Masonite International Cyclically Adjusted PB Ratio Related Terms

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


Masonite International (FRA:MII) Business Description

Traded in Other Exchanges
Address
2771 Rutherford Road, Concord, ON, CAN, L4K 2N6
Masonite International Corp is engaged in designing, manufacturing, marketing and distributing interior and exterior doors for the new construction and repair, renovation and remodeling sectors of the residential and non-residential building construction markets. Its product categories include interior molded residential doors, interior stile and rail residential doors, exterior fibreglass residential doors, exterior steel residential doors, interior architectural wood doors, wood veneers and molded door facings and door core. The company operates its manufacturing and distribution facilities in seven countries in North America, Europe, South America and Asia.

Masonite International (FRA:MII) Headlines

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