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Clorox Co (LIM:CLX) Cyclically Adjusted PB Ratio : 35.85 (As of May. 24, 2024)


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What is Clorox Co Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Clorox Co's current share price is $166.00. Clorox Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.63. Clorox Co's Cyclically Adjusted PB Ratio for today is 35.85.

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

LIM:CLX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 27.81   Med: 73.13   Max: 8539
Current: 30.71

During the past years, Clorox Co's highest Cyclically Adjusted PB Ratio was 8539.00. The lowest was 27.81. And the median was 73.13.

LIM:CLX's Cyclically Adjusted PB Ratio is ranked worse than
98.82% of 1273 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs LIM:CLX: 30.71

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.

Clorox Co's adjusted book value per share data for the three months ended in Mar. 2024 was $0.733. 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 $4.63 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clorox Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clorox 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.

Clorox Co Cyclically Adjusted PB Ratio Chart

Clorox Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 78.50 89.51 55.45 35.13 37.62

Clorox 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 37.90 37.62 30.93 34.00 35.82

Competitive Comparison of Clorox Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Clorox 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.


Clorox Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Clorox 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.

Clorox Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=166.00/4.63
=35.85

* 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.

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

For example, Clorox 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)
=0.733/131.7762*131.7762
=0.733

Current CPI (Mar. 2024) = 131.7762.

Clorox Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.196 100.560 1.567
201409 1.306 100.428 1.714
201412 2.146 99.070 2.854
201503 2.305 99.621 3.049
201506 0.917 100.684 1.200
201509 0.924 100.392 1.213
201512 1.531 99.792 2.022
201603 2.003 100.470 2.627
201606 2.296 101.688 2.975
201609 2.245 101.861 2.904
201612 2.106 101.863 2.724
201703 3.137 102.862 4.019
201706 4.201 103.349 5.357
201709 4.592 104.136 5.811
201712 5.876 104.011 7.445
201803 6.464 105.290 8.090
201806 5.673 106.317 7.031
201809 5.305 106.507 6.564
201812 5.793 105.998 7.202
201903 6.107 107.251 7.504
201906 4.448 108.070 5.424
201909 4.383 108.329 5.332
201912 4.439 108.420 5.395
202003 5.519 108.902 6.678
202006 7.195 108.767 8.717
202009 8.847 109.815 10.616
202012 9.417 109.897 11.292
202103 5.975 111.754 7.045
202106 3.347 114.631 3.848
202109 2.995 115.734 3.410
202112 2.545 117.630 2.851
202203 3.250 121.301 3.531
202206 4.515 125.017 4.759
202209 2.643 125.227 2.781
202212 2.600 125.222 2.736
202303 0.024 127.348 0.025
202306 1.777 128.729 1.819
202309 -0.298 129.860 -0.302
202312 0.427 129.419 0.435
202403 0.733 131.776 0.733

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.


Clorox Co  (LIM:CLX) 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.


Clorox Co Cyclically Adjusted PB Ratio Related Terms

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


Clorox Co (LIM:CLX) Business Description

Traded in Other Exchanges
Address
1221 Broadway, Oakland, CA, USA, 94612-1888
Since its inception more than 100 years ago, Clorox has grown to play in a variety of categories across the consumer products space, including cleaning supplies, laundry care, trash bags, cat litter, charcoal, food dressings, water-filtration products, and natural personal-care products. Beyond its namesake brand, the firm's portfolio includes Liquid-Plumr, Pine-Sol, S.O.S, Tilex, Kingsford, Fresh Step, Glad, Hidden Valley, KC Masterpiece, Brita, and Burt's Bees. Just shy of 85% of Clorox's sales stem from its home turf.

Clorox Co (LIM:CLX) Headlines