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Avon Products (BUE:NTCO) Cyclically Adjusted PB Ratio : (As of Jun. 24, 2024)


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What is Avon Products Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Avon Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Avon Products'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.

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Avon Products Cyclically Adjusted PB Ratio Chart

Avon Products Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Avon Products Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Avon Products's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Avon Products'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.


Avon Products's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Avon Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Avon Products 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.

Avon Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Avon Products's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-600.814/126.8000*126.8000
=-600.814

Current CPI (Mar. 2023) = 126.8000.

Avon Products Quarterly Data

Book Value per Share CPI Adj_Book
201306 13.720 98.000 17.752
201309 14.698 98.700 18.883
201312 16.215 99.200 20.726
201403 16.710 99.300 21.338
201406 17.629 99.800 22.398
201409 17.601 100.000 22.318
201412 5.701 99.900 7.236
201503 -0.065 99.600 -0.083
201506 0.977 100.100 1.238
201509 -16.876 100.200 -21.356
201512 -31.809 100.400 -40.173
201603 -29.383 100.400 -37.109
201606 -27.031 101.000 -33.936
201609 -26.900 101.500 -33.605
201612 -30.720 102.200 -38.114
201703 -28.759 102.700 -35.508
201706 -31.972 103.500 -39.170
201709 -32.677 104.300 -39.726
201712 -31.442 105.000 -37.970
201803 -34.502 105.100 -41.626
201806 -51.809 105.900 -62.034
201809 -67.415 106.600 -80.190
201812 -77.089 107.100 -91.269
201903 -83.662 107.000 -99.143
201906 -97.202 107.900 -114.228
201909 -111.228 108.400 -130.108
201912 -131.552 108.500 -153.740
202003 -109.080 108.600 -127.360
202006 -134.532 108.800 -156.789
202009 -153.973 109.200 -178.789
202012 -157.571 109.400 -182.633
202103 -195.690 109.700 -226.194
202106 -211.117 111.400 -240.302
202109 -195.777 112.400 -220.859
202112 -192.624 114.700 -212.944
202203 -214.935 116.500 -233.938
202206 -256.487 120.500 -269.897
202209 -325.102 122.300 -337.064
202212 -463.617 125.300 -469.167
202303 -600.814 126.800 -600.814

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.


Avon Products  (BUE:NTCO) 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.


Avon Products Cyclically Adjusted PB Ratio Related Terms

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Avon Products (BUE:NTCO) Business Description

Traded in Other Exchanges
N/A
Address
Nunn Mills Road, Lancaster House, Northampton, GBR, NN1 5PA
Avon Products Inc is a firm which manufactures and sells beauty and related products. Avon's product mix consists of beauty (cosmetics, fragrances, and skin care), fashion (accessories and apparel), and home (home products and gifts). Generating, a majority of its revenue from Beauty. The company's geographic operating segments includes Avon International and Avon Latin America.

Avon Products (BUE:NTCO) Headlines

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