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Pentair (BSP:P1NR34) Cyclically Adjusted PB Ratio : 3.82 (As of Apr. 30, 2024)


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What is Pentair Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Pentair's current share price is R$365.19. Pentair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$95.57. Pentair's Cyclically Adjusted PB Ratio for today is 3.82.

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

BSP:P1NR34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.8   Max: 3.74
Current: 3.6

During the past years, Pentair's highest Cyclically Adjusted PB Ratio was 3.74. The lowest was 0.96. And the median was 1.80.

BSP:P1NR34's Cyclically Adjusted PB Ratio is ranked worse than
76.4% of 2000 companies
in the Industrial Products industry
Industry Median: 1.765 vs BSP:P1NR34: 3.60

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.

Pentair's adjusted book value per share data for the three months ended in Mar. 2024 was R$99.797. 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 R$95.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pentair Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pentair'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.

Pentair Cyclically Adjusted PB Ratio Chart

Pentair 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 1.85 2.24 3.08 1.87 3.18

Pentair 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 2.32 2.71 2.77 3.18 3.82

Competitive Comparison of Pentair's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Pentair'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.


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

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

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



Pentair 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=365.19/95.57
=3.82

* 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.

Pentair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Pentair's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=99.797/130.0000*130.0000
=99.797

Current CPI (Mar. 2024) = 130.0000.

Pentair Quarterly Data

Book Value per Share CPI Adj_Book
201406 66.406 99.800 86.501
201409 62.172 100.000 80.824
201412 67.535 99.900 87.883
201503 77.352 99.600 100.961
201506 78.669 100.100 102.168
201509 98.220 100.200 127.431
201512 86.211 100.400 111.628
201603 83.575 100.400 108.215
201606 78.760 101.000 101.374
201609 77.961 101.500 99.852
201612 78.504 102.200 99.858
201703 75.076 102.700 95.033
201706 89.041 103.500 111.839
201709 86.397 104.300 107.686
201712 92.063 105.000 113.983
201803 86.755 105.100 107.309
201806 40.609 105.900 49.851
201809 44.500 106.600 54.268
201812 41.609 107.100 50.506
201903 41.792 107.000 50.775
201906 41.450 107.900 49.940
201909 45.799 108.400 54.925
201912 47.654 108.500 57.097
202003 55.798 108.600 66.793
202006 60.972 108.800 72.853
202009 66.542 109.200 79.217
202012 65.254 109.400 77.541
202103 74.381 109.700 88.145
202106 68.869 111.400 80.368
202109 74.589 112.400 86.268
202112 82.954 114.700 94.019
202203 75.335 116.500 84.065
202206 78.665 120.500 84.867
202209 84.128 122.300 89.425
202212 86.330 125.300 89.568
202303 88.715 126.800 90.954
202306 86.287 129.400 86.687
202309 90.854 130.100 90.784
202312 95.341 130.000 95.341
202403 99.797 130.000 99.797

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.


Pentair  (BSP:P1NR34) 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.


Pentair Cyclically Adjusted PB Ratio Related Terms

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


Pentair (BSP:P1NR34) Business Description

Traded in Other Exchanges
Address
70 London Road, Regal House, Twickenham, London, GBR, TW13QS
Pentair is a global leader in the water treatment industry, with 10,000 employees and a presence in 25 countries. Pentair's business is organized into two segments: consumer solutions and industrial and flow technologies. The company offers a wide range of water solutions, including energy-efficient swimming pool equipment, filtration solutions, and commercial and industrial pumps. Pentair generated approximately $4.1 billion in revenue and $768 million in adjusted operating income in 2022.

Pentair (BSP:P1NR34) Headlines

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