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MSC Industrial Direct Co (MSC Industrial Direct Co) Cyclically Adjusted PB Ratio : 3.44 (As of Apr. 27, 2024)


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What is MSC Industrial Direct Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), MSC Industrial Direct Co's current share price is $93.22. MSC Industrial Direct Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $27.12. MSC Industrial Direct Co's Cyclically Adjusted PB Ratio for today is 3.44.

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

MSM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.87   Max: 6.4
Current: 3.44

During the past years, MSC Industrial Direct Co's highest Cyclically Adjusted PB Ratio was 6.40. The lowest was 2.12. And the median was 3.87.

MSM's Cyclically Adjusted PB Ratio is ranked worse than
78.86% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.38 vs MSM: 3.44

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.

MSC Industrial Direct Co's adjusted book value per share data for the three months ended in Feb. 2024 was $24.698. 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 $27.12 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSC Industrial Direct Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MSC Industrial Direct 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.

MSC Industrial Direct Co Cyclically Adjusted PB Ratio Chart

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 2.85 3.45 2.99 3.73

MSC Industrial Direct Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.15 3.31 3.73 3.58 3.72

Competitive Comparison of MSC Industrial Direct Co's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, MSC Industrial Direct 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.


MSC Industrial Direct Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MSC Industrial Direct Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



MSC Industrial Direct 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.

MSC Industrial Direct Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.22/27.12
=3.44

* 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.

MSC Industrial Direct Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, MSC Industrial Direct Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=24.698/129.4194*129.4194
=24.698

Current CPI (Feb. 2024) = 129.4194.

MSC Industrial Direct Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 22.814 100.373 29.416
201408 22.697 100.352 29.271
201411 20.265 99.635 26.323
201502 20.413 99.032 26.677
201505 21.107 100.333 27.226
201508 21.617 100.548 27.824
201511 22.068 100.135 28.522
201602 22.342 100.040 28.903
201605 23.114 101.355 29.514
201608 19.412 101.617 24.723
201611 20.002 101.829 25.421
201702 20.741 102.779 26.117
201705 21.474 103.256 26.915
201708 21.726 103.587 27.144
201711 22.319 104.072 27.755
201802 23.831 105.052 29.359
201805 24.742 106.148 30.166
201808 24.818 106.383 30.192
201811 24.870 106.338 30.268
201902 25.381 106.649 30.800
201905 26.239 108.048 31.429
201908 26.775 108.245 32.013
201911 27.278 108.519 32.532
202002 22.631 109.139 26.836
202005 23.298 108.175 27.873
202008 23.647 109.662 27.907
202011 19.703 109.793 23.225
202102 19.887 110.968 23.194
202105 20.559 113.576 23.427
202108 20.746 115.421 23.262
202111 21.220 117.269 23.419
202202 21.920 119.703 23.699
202205 23.152 123.323 24.297
202208 24.170 124.958 25.033
202211 24.768 125.607 25.520
202302 25.414 126.928 25.913
202305 26.569 128.314 26.798
202308 26.653 129.538 26.629
202311 24.554 129.548 24.530
202402 24.698 129.419 24.698

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.


MSC Industrial Direct Co  (NYSE:MSM) 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.


MSC Industrial Direct Co Cyclically Adjusted PB Ratio Related Terms

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


MSC Industrial Direct Co (MSC Industrial Direct Co) Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.
Executives
Erik Gershwind officer: SVP, Product Mgmnt & Marketing C/O MSC INDUSTRIAL DIRECT CO INC, 75 MAXESS ROAD, MELVILLE NY 11747
Kristen Actis-grande officer: EVP & Chief Financial Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Elizabeth Bledsoe officer: SVP & Chief People Officer C/O MSC LNDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kimberly Shacklett officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Douglas E Jones officer: EVP, Chief Supply Chain C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Stacey L. Bennett 10 percent owner 410 PARK AVE., SUITE 620, NEW YORK NY 10022
Rahquel Purcell director C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martina Mcisaac officer: EVP, Chief Operating Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Steven N Baruch officer: SVP, STRATEGY & MARKETING 18232 PENINSULA CLUB, CORNELIUS NC 28031
Mitchell Jacobson director, 10 percent owner, officer: Chairman and CEO C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS RD, MELVILLE NY 11747
Louise K Goeser director C/O PPL CORPORATION, TWO NORTH NINTH STREET, ALLENTOWN PA 18101
John Hill officer: SVP, Chief Digital Info Offr. C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Neal Dongre officer: VP, Gen Counsel & Corp Sec C/O MSC INDUSTRIAL DIRECT CO., INC., 515 BROADHOLLOW ROAD, MELVILLE NY 11747
Martin Edward F Jr officer: SVP, Sales & Customer Success C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747
Kari D Heerdt officer: SVP, Chief People Officer C/O MSC INDUSTRIAL DIRECT CO., INC., 75 MAXESS ROAD, MELVILLE NY 11747