GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Mohawk Industries Inc (LTS:0K2F) » Definitions » Cyclically Adjusted PB Ratio

Mohawk Industries (LTS:0K2F) Cyclically Adjusted PB Ratio : 0.98 (As of May. 24, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Mohawk Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Mohawk Industries's current share price is $115.73. Mohawk Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $117.97. Mohawk Industries's Cyclically Adjusted PB Ratio for today is 0.98.

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

LTS:0K2F' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 2.24   Max: 4.47
Current: 0.99

During the past years, Mohawk Industries's highest Cyclically Adjusted PB Ratio was 4.47. The lowest was 0.67. And the median was 2.24.

LTS:0K2F's Cyclically Adjusted PB Ratio is ranked better than
61.36% of 295 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 1.4 vs LTS:0K2F: 0.99

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.

Mohawk Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $119.592. 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 $117.97 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mohawk Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mohawk Industries'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.

Mohawk Industries Cyclically Adjusted PB Ratio Chart

Mohawk Industries 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 1.81 1.72 1.92 0.95 0.90

Mohawk Industries 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 0.91 0.91 0.75 0.90 1.11

Competitive Comparison of Mohawk Industries's Cyclically Adjusted PB Ratio

For the Furnishings, Fixtures & Appliances subindustry, Mohawk Industries'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.


Mohawk Industries's Cyclically Adjusted PB Ratio Distribution in the Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Mohawk Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Mohawk Industries 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.

Mohawk Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.73/117.97
=0.98

* 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.

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

For example, Mohawk Industries'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)
=119.592/131.7762*131.7762
=119.592

Current CPI (Mar. 2024) = 131.7762.

Mohawk Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 64.043 100.560 83.924
201409 62.703 100.428 82.276
201412 60.593 99.070 80.597
201503 57.736 99.621 76.372
201506 62.346 100.684 81.599
201509 64.250 100.392 84.336
201512 65.660 99.792 86.704
201603 69.512 100.470 91.171
201606 72.534 101.688 93.996
201609 76.398 101.861 98.835
201612 77.883 101.863 100.755
201703 81.524 102.862 104.440
201706 86.718 103.349 110.571
201709 91.327 104.136 115.568
201712 94.854 104.011 120.175
201803 98.452 105.290 123.219
201806 98.731 106.317 122.374
201809 101.388 106.507 125.443
201812 102.809 105.998 127.812
201903 104.537 107.251 128.442
201906 107.997 108.070 131.688
201909 107.993 108.329 131.367
201912 113.355 108.420 137.774
202003 110.155 108.902 133.293
202006 111.227 108.767 134.756
202009 114.618 109.815 137.540
202012 121.437 109.897 145.614
202103 121.830 111.754 143.657
202106 127.006 114.631 146.002
202109 128.588 115.734 146.412
202112 128.358 117.630 143.795
202203 130.329 121.301 141.584
202206 135.364 125.017 142.683
202209 123.064 125.227 129.501
202212 126.098 125.222 132.698
202303 127.192 127.348 131.615
202306 128.865 128.729 131.916
202309 114.091 129.860 115.775
202312 119.698 129.419 121.878
202403 119.592 131.776 119.592

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.


Mohawk Industries  (LTS:0K2F) 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.


Mohawk Industries Cyclically Adjusted PB Ratio Related Terms

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


Mohawk Industries (LTS:0K2F) Business Description

Traded in Other Exchanges
Address
160 South Industrial Boulevard, Calhoun, GA, USA, 30701
Mohawk Industries Inc manufactures a wide range of flooring products, including carpets, rugs, ceramic tile, laminate, wood, luxury vinyl tile, and vinyl flooring. Its operating segments include Global Ceramic, Flooring NA, and Flooring ROW. The company generates maximum revenue from the Global Ceramic segment. Geographically, it derives a majority of its revenue from the United States.

Mohawk Industries (LTS:0K2F) Headlines

No Headlines