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Littelfuse (Littelfuse) Cyclically Adjusted PB Ratio : 3.49 (As of Apr. 27, 2024)


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What is Littelfuse Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Littelfuse's current share price is $231.64. Littelfuse's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $66.41. Littelfuse's Cyclically Adjusted PB Ratio for today is 3.49.

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

LFUS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.97   Med: 4.76   Max: 7.83
Current: 3.49

During the past years, Littelfuse's highest Cyclically Adjusted PB Ratio was 7.83. The lowest was 2.97. And the median was 4.76.

LFUS's Cyclically Adjusted PB Ratio is ranked worse than
79.49% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs LFUS: 3.49

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.

Littelfuse's adjusted book value per share data for the three months ended in Dec. 2023 was $99.554. 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 $66.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Littelfuse Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Littelfuse'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.

Littelfuse Cyclically Adjusted PB Ratio Chart

Littelfuse 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 5.02 5.98 6.28 3.76 4.03

Littelfuse 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 3.76 4.39 4.61 3.80 4.03

Competitive Comparison of Littelfuse's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Littelfuse'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.


Littelfuse's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Littelfuse's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Littelfuse 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=231.64/66.41
=3.49

* 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.

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

For example, Littelfuse'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)
=99.554/129.4194*129.4194
=99.554

Current CPI (Dec. 2023) = 129.4194.

Littelfuse Quarterly Data

Book Value per Share CPI Adj_Book
201403 31.339 99.695 40.683
201406 32.291 100.560 41.558
201409 32.728 100.428 42.176
201412 32.212 99.070 42.080
201503 32.487 99.621 42.204
201506 33.757 100.684 43.391
201509 32.779 100.392 42.257
201512 33.508 99.792 43.456
201603 34.408 100.470 44.322
201606 34.351 101.688 43.719
201609 35.473 101.861 45.070
201612 36.673 101.863 46.594
201703 37.705 102.862 47.440
201706 39.418 103.349 49.361
201709 41.082 104.136 51.057
201712 41.638 104.011 51.810
201803 58.890 105.290 72.386
201806 59.762 106.317 72.748
201809 60.398 106.507 73.391
201812 59.668 105.998 72.852
201903 58.839 107.251 71.001
201906 61.301 108.070 73.411
201909 60.462 108.329 72.233
201912 61.354 108.420 73.237
202003 60.835 108.902 72.297
202006 60.079 108.767 71.486
202009 62.756 109.815 73.959
202012 65.693 109.897 77.363
202103 67.636 111.754 78.327
202106 70.769 114.631 79.899
202109 73.953 115.734 82.698
202112 76.699 117.630 84.386
202203 81.013 121.301 86.435
202206 82.885 125.017 85.804
202209 84.374 125.227 87.199
202212 89.304 125.222 92.298
202303 93.041 127.348 94.555
202306 94.772 128.729 95.281
202309 96.556 129.860 96.229
202312 99.554 129.419 99.554

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.


Littelfuse  (NAS:LFUS) 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.


Littelfuse Cyclically Adjusted PB Ratio Related Terms

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


Littelfuse (Littelfuse) Business Description

Industry
Traded in Other Exchanges
Address
8755 West Higgins Road, Suite 500, Chicago, IL, USA, 60631
Littelfuse is a primary provider of circuit protection products (such as fuses and relays) into the transportation, industrial, telecommunications, and consumer electronics end markets. The firm is also increasing its power semiconductor business, where it predominantly serves industrial end markets and is breaking into electric vehicle charging infrastructure. Littelfuse has 17,000 global employees.
Executives
Deepak Nayar officer: SVP & GM Electronics Business 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Matthew Cole officer: SVP eMobility & Corp Strategy 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Gayla J Delly director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Gregory N. Henderson director C/O HITTITE MICROWAVE CORPORATION, 2 ELIZABETH DRIVE, CHELMSFORD MA 01824
T J Chung director C/O BRUNSWICK CORP, 1 N FIELD COURT, LAKE FOREST IL 60045
Maggie Chu officer: SVP, CHRO 8755 W HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Kristina A. Cerniglia director ONE BATESVILLE BOULEVARD, BATESVILLE IN 47006
Cary T Fu director 3000 TECHNOLOGY DR, ANGLETON TX 77515
Anthony Grillo director PLEASANTVILLE RD, NEW VERNON NJ 07976
William P Noglows director C/O CABOT MICROELECTRONICS CORP, 870 N. COMMONS DR, AURORA IL 60504
Maria C Green director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036
Gordon Hunter director 25950 ELENA RD, LOS ALTOS HILLS CA 94022
Jeffrey G Gorski officer: VP & Chief Accounting Officer C/O RR DONNELLEY $ SONS COMPANY, 35 W. WACKER DRIVE, CHICAGO IL 60601
Ryan K Stafford officer: EVP, CLO & Corp Secretary 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631
Meenal Sethna officer: Executive VP, CFO 8755 WEST HIGGINS ROAD, SUITE 500, CHICAGO IL 60631

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