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Plexus (Plexus) Cyclically Adjusted PB Ratio : 2.73 (As of Apr. 28, 2024)


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What is Plexus Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Plexus's current share price is $100.28. Plexus's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.75. Plexus's Cyclically Adjusted PB Ratio for today is 2.73.

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

PLXS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.72   Med: 2.68   Max: 3.58
Current: 2.73

During the past years, Plexus's highest Cyclically Adjusted PB Ratio was 3.58. The lowest was 1.72. And the median was 2.68.

PLXS's Cyclically Adjusted PB Ratio is ranked worse than
70.65% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs PLXS: 2.73

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.

Plexus's adjusted book value per share data for the three months ended in Dec. 2023 was $46.057. 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 $36.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Plexus Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Plexus'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.

Plexus Cyclically Adjusted PB Ratio Chart

Plexus Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.54 2.68 3.04 2.62 2.55

Plexus 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 2.80 2.75 2.55 2.94 -

Competitive Comparison of Plexus's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Plexus'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.


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

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

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



Plexus 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.28/36.75
=2.73

* 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.

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

For example, Plexus'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)
=46.057/129.4194*129.4194
=46.057

Current CPI (Dec. 2023) = 129.4194.

Plexus Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.746 99.695 28.230
201406 22.498 100.560 28.955
201409 23.211 100.428 29.912
201412 23.617 99.070 30.852
201503 24.065 99.621 31.263
201506 24.787 100.684 31.861
201509 25.142 100.392 32.412
201512 25.568 99.792 33.159
201603 26.185 100.470 33.730
201606 26.785 101.688 34.090
201609 27.402 101.861 34.816
201612 27.642 101.863 35.120
201703 28.500 102.862 35.858
201706 29.518 103.349 36.964
201709 30.658 104.136 38.102
201712 27.787 104.011 34.575
201803 27.649 105.290 33.986
201806 27.266 106.317 33.191
201809 28.932 106.507 35.156
201812 29.206 105.998 35.659
201903 28.949 107.251 34.933
201906 29.192 108.070 34.959
201909 29.843 108.329 35.653
201912 31.085 108.420 37.106
202003 30.582 108.902 36.344
202006 32.341 108.767 38.482
202009 33.704 109.815 39.721
202012 35.005 109.897 41.223
202103 35.380 111.754 40.973
202106 35.960 114.631 40.599
202109 36.661 115.734 40.996
202112 37.293 117.630 41.031
202203 37.352 121.301 39.852
202206 38.185 125.017 39.530
202209 39.587 125.227 40.912
202212 41.658 125.222 43.054
202303 42.767 127.348 43.463
202306 43.071 128.729 43.302
202309 44.214 129.860 44.064
202312 46.057 129.419 46.057

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.


Plexus  (NAS:PLXS) 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.


Plexus Cyclically Adjusted PB Ratio Related Terms

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


Plexus (Plexus) Business Description

Industry
Traded in Other Exchanges
Address
One Plexus Way, P.O. Box 156, Neenah, WI, USA, 54957
Plexus Corp is a U.S based Electronic Manufacturing Services company that provides a range of services, from conceptualization and design to fulfilling orders and providing sustaining solutions, such as replenishment and refurbishment. The company's segments comprise AMER, APAC,ge and EMEA.
Executives
Todd P. Kelsey officer: Sr VP Global Customer Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Frank Zycinski officer: Regional President - EMEA ONE PLEXUS WAY, NEENAH WI 54956
Ronnie Darroch officer: Regional President-Plexus EMEA ONE PLEXUS WAY, NEENAH X1 54956
Jennifer Wuamett director 6501 WILLIAM CANNON DRIVE WEST, AUSTIN TX 78735
Ninivaggi Angelo Michael Jr officer: Vice Pres., General Counsel 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Patrick John Jermain officer: Vice President & CFO ONE PLEXUS WAY, NEENAH WI 54956
Oliver K. Mihm officer: Sr VP-Global Engineering Servs ONE PLEXUS WAY, NEENAH X1 54956
Steven J. Frisch officer: Sr VP Global Eng Services 55 JEWELERS PARK DRIVE, NEENAH WI 54956
Tan Victor (pang Hau) officer: Regional President - APAC ONE PLEXUS WAY, NEENAH WI 54956
Scott Theune officer: Regional President - AMER ONE PLEXUS WAY, NEENAH WI 54956
J Joel Quadracci director QUAD/GRAPHICS, INC., N61 W23044 HARRY'S WAY, SUSSEX WI 53089
Randy J Martinez director HLH BUILDING, 101 WORLD DRIVE, PEACHTREE CITY GA 30269
Michael V Schrock director 5500 WAYZATA BLVD., SUITE 800, GOLDEN VALLEY MN 55416
Dean A Foate director, officer: President and CEO
Stephen P Cortinovis director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005

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