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CRS (Carpenter Technology) Cyclically Adjusted PB Ratio : 7.92 (As of Jul. 22, 2025)


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What is Carpenter Technology Cyclically Adjusted PB Ratio?

As of today (2025-07-22), Carpenter Technology's current share price is $274.42. Carpenter Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $34.63. Carpenter Technology's Cyclically Adjusted PB Ratio for today is 7.92.

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

CRS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 1.67   Max: 8.3
Current: 8.11

During the past years, Carpenter Technology's highest Cyclically Adjusted PB Ratio was 8.30. The lowest was 0.56. And the median was 1.67.

CRS's Cyclically Adjusted PB Ratio is ranked worse than
89.54% of 2227 companies
in the Industrial Products industry
Industry Median: 2.15 vs CRS: 8.11

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.

Carpenter Technology's adjusted book value per share data for the three months ended in Mar. 2025 was $35.798. 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 $34.63 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carpenter Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carpenter Technology'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.

Carpenter Technology Cyclically Adjusted PB Ratio Chart

Carpenter Technology Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.35 0.85 1.67 3.20

Carpenter Technology Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.09 3.20 4.66 4.96 5.23

Competitive Comparison of Carpenter Technology's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Carpenter Technology'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.


Carpenter Technology's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Carpenter Technology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Carpenter Technology 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.

Carpenter Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=274.42/34.63
=7.92

* 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.

Carpenter Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Carpenter Technology's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=35.798/134.9266*134.9266
=35.798

Current CPI (Mar. 2025) = 134.9266.

Carpenter Technology Quarterly Data

Book Value per Share CPI Adj_Book
201506 26.350 100.684 35.312
201509 26.001 100.392 34.945
201512 25.796 99.792 34.878
201603 25.481 100.470 34.220
201606 23.710 101.688 31.460
201609 24.043 101.861 31.848
201612 24.195 101.863 32.049
201703 24.852 102.862 32.599
201706 25.637 103.349 33.470
201709 26.302 104.136 34.079
201712 28.506 104.011 36.979
201803 29.216 105.290 37.440
201806 31.486 106.317 39.959
201809 31.473 106.507 39.871
201812 31.775 105.998 40.447
201903 32.871 107.251 41.353
201906 32.022 108.070 39.980
201909 33.047 108.329 41.161
201912 33.546 108.420 41.747
202003 33.857 108.902 41.948
202006 30.213 108.767 37.479
202009 29.334 109.815 36.042
202012 27.754 109.897 34.075
202103 28.756 111.754 34.719
202106 28.981 114.631 34.112
202109 28.381 115.734 33.087
202112 27.618 117.630 31.679
202203 27.903 121.301 31.037
202206 27.555 125.017 29.739
202209 26.975 125.227 29.064
202212 27.235 125.222 29.346
202303 27.341 127.348 28.968
202306 28.705 128.729 30.087
202309 29.006 129.860 30.138
202312 29.827 129.419 31.096
202403 30.400 131.776 31.127
202406 32.722 132.554 33.308
202409 33.311 133.029 33.786
202412 34.424 133.157 34.881
202503 35.798 134.927 35.798

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.


Carpenter Technology  (NYSE:CRS) 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.


Carpenter Technology Cyclically Adjusted PB Ratio Related Terms

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


Carpenter Technology Business Description

Traded in Other Exchanges
Address
1735 Market Street, 15th Floor, Philadelphia, PA, USA, 19103
Carpenter Technology Corp supplies specialty metals to a variety of end markets, including aerospace and defense, industrial machinery and consumer durables, medical, and energy, among others. The company's reportable segments include; Specialty Alloys Operations and Performance Engineered Products. It generates maximum revenue from the Specialty Alloys Operations segment. The SAO segment is comprised of the company's alloy and stainless steel manufacturing operations. This includes operations performed at mills predominantly in Reading and Latrobe, Pennsylvania, and surrounding areas as well as South Carolina and Alabama. Geographically, the company derives its maximum revenue from the United States and the rest from Europe, Asia Pacific, Mexico, Canada, and other regions.
Executives
Pritchett Colleen director C/O HEXCEL CORPORATION, 281 TRESSER BLVD., 16TH FLOOR, STAMFORD CT 06901
James D Dee officer: VP, Gen Counsel & Secretary TWO PITCAIRN PLACE, SUITE 200, 165 TOWNSHIP LINE ROAD, JENKINTOWN PA 19046
Elizabeth A Socci officer: VP, Controller & Chf Acctg Off C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
I Martin Inglis director C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Viola L Acoff director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Tony R Thene officer: Sr VP and CFO ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Ramin Younessi director 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Timothy Lain officer: VP-Controller, Chf Acctg Ofcr C/O CARPENTER TECHNOLOGY CORPORATION, PO BOX 14662, READING PA 19612
Steven E Karol director C/O STOCKERYALE INC, 32 HAMPSHIRE RD, SALEM NH 03079
Marshall D Akins officer: VP & Chief Commercial Officer CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Mclane Charles Douglas Jr director C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Brian J Malloy officer: VP - Chief Commercial Officer C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, 15TH FL, PHILADELPHIA PA 19103
Kathy Hopinkah Hannan director ANNALY CAPITAL MANAGEMENT, INC., 1211 AVE. OF THE AMERICAS, NEW YORK NY 10036
David Graf officer: VP and Group President - SAO C/O CARPENTER TECHNOLOGY CORPORATION, 1735 MARKET STREET, PHILADELPHIA PA 19103
Kathleen Ligocki director 3296 PINE LAKE ROAD, WEST BLOOMFIELD MI 48324