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Carlisle (Carlisle) Cyclically Adjusted PB Ratio : 7.62 (As of Apr. 28, 2024)


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What is Carlisle Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Carlisle's current share price is $400.56. Carlisle's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $52.56. Carlisle's Cyclically Adjusted PB Ratio for today is 7.62.

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

CSL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.84   Med: 3.93   Max: 7.62
Current: 7.62

During the past years, Carlisle's highest Cyclically Adjusted PB Ratio was 7.62. The lowest was 2.84. And the median was 3.93.

CSL's Cyclically Adjusted PB Ratio is ranked worse than
95.46% of 1146 companies
in the Construction industry
Industry Median: 1.105 vs CSL: 7.62

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.

Carlisle's adjusted book value per share data for the three months ended in Dec. 2023 was $59.308. 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 $52.56 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlisle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carlisle'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.

Carlisle Cyclically Adjusted PB Ratio Chart

Carlisle 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 4.45 4.01 5.67 4.83 5.94

Carlisle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.83 4.50 5.00 4.96 5.94

Competitive Comparison of Carlisle's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Carlisle'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.


Carlisle's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Carlisle 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.

Carlisle's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=400.56/52.56
=7.62

* 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.

Carlisle's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Carlisle's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=59.308/129.4194*129.4194
=59.308

Current CPI (Dec. 2023) = 129.4194.

Carlisle Quarterly Data

Book Value per Share CPI Adj_Book
201403 31.698 99.695 41.149
201406 32.519 100.560 41.852
201409 33.388 100.428 43.026
201412 33.955 99.070 44.357
201503 34.101 99.621 44.301
201506 35.449 100.684 45.566
201509 36.325 100.392 46.828
201512 36.649 99.792 47.530
201603 37.327 100.470 48.082
201606 38.666 101.688 49.211
201609 38.051 101.861 48.346
201612 38.391 101.863 48.777
201703 39.121 102.862 49.221
201706 39.266 103.349 49.171
201709 39.329 104.136 48.878
201712 40.885 104.011 50.873
201803 44.780 105.290 55.043
201806 44.674 106.317 54.382
201809 45.410 106.507 55.179
201812 44.815 105.998 54.717
201903 44.447 107.251 53.634
201906 45.785 108.070 54.830
201909 47.456 108.329 56.695
201912 47.453 108.420 56.644
202003 45.874 108.902 54.517
202006 46.254 108.767 55.036
202009 46.528 109.815 54.834
202012 47.972 109.897 56.494
202103 46.292 111.754 53.609
202106 46.588 114.631 52.598
202109 48.845 115.734 54.621
202112 50.567 117.630 55.635
202203 51.911 121.301 55.385
202206 55.827 125.017 57.793
202209 58.948 125.227 60.922
202212 59.418 125.222 61.410
202303 60.203 127.348 61.182
202306 60.640 128.729 60.965
202309 59.914 129.860 59.711
202312 59.308 129.419 59.308

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.


Carlisle  (NYSE:CSL) 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.


Carlisle Cyclically Adjusted PB Ratio Related Terms

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


Carlisle (Carlisle) Business Description

Traded in Other Exchanges
Address
16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, USA, 85254
Carlisle Companies Inc is a holding company. Through its subsidiaries, it manufactures and sells rubber and plastic engineered products. The company is organized into three segments include Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies. The company's product portfolio includes commercial roofing systems, wires, cables, connectors, industrial liquid finishing material, and other products used in construction, transportation, aerospace, defense, medical, and various other industrial sectors. A vast majority of the company's revenue comes from the Carlisle Construction Materials segment, and more than half of the total revenue is earned in the United States.
Executives
David W Smith officer: VP, Sustainability 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Mehul Patel officer: VP, Investor Relations 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
Stephen Aldrich officer: VP & Chief Accounting Officer 16430 N SCOTTSDALE RD, STE 400, SCOTTSDALE AZ 85254
John E Berlin officer: President, CIT 301 KEELERS COURT, PONTE VEDRA BEACH FL 32082
Lori A Snyder officer: V. P., Human Resources 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Charles David Myers director ONE PARK PLAZA, 11270 W. PARK PLACE, SUITE 1000, MILWAUKEE WI 53224
Kevin P Zdimal officer: V.P., Business Development 9210 UNBRIDLE LANE, WAXHAW NC 28173
Stephen Schwar officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Frank J. Ready officer: President, CWT 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
D Christian Koch officer: CEO & President P.O. BOX 1441, MINNEAPOLIS MN 55440-1441
Nicholas J. Shears officer: President, CCM 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Kelly P Kamienski officer: Principal Accounting Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Robert M. Roche officer: VP & Chief Financial Officer 16430 N. SCOTTSDALE ROAD, SUITE 400, SCOTTSDALE AZ 85254
Scott C Selbach officer: V.P., Corporate Development 7002 SETON HOUSE LANE, CHARLOTTE NC 28277
Laura Walsh officer: VP & Chief Information Officer 16430 N. SCOTTSDALE ROAD, SCOTTSDALE AZ 85254