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Carlo Gavazzi Holding AG (CHIX:GAVZ) Cyclically Adjusted PB Ratio : 2.38 (As of May. 26, 2024)


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What is Carlo Gavazzi Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Carlo Gavazzi Holding AG's current share price is CHF306.00. Carlo Gavazzi Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was CHF128.84. Carlo Gavazzi Holding AG's Cyclically Adjusted PB Ratio for today is 2.38.

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

CHIX:GAVz' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.86   Max: 2.63
Current: 2.08

During the past 13 years, Carlo Gavazzi Holding AG's highest Cyclically Adjusted PB Ratio was 2.63. The lowest was 1.10. And the median was 1.86.

CHIX:GAVz's Cyclically Adjusted PB Ratio is ranked worse than
53.52% of 2089 companies
in the Industrial Products industry
Industry Median: 1.86 vs CHIX:GAVz: 2.08

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.

Carlo Gavazzi Holding AG's adjusted book value per share data of for the fiscal year that ended in Mar23 was CHF185.567. 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 CHF128.84 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlo Gavazzi Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carlo Gavazzi Holding AG'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.

Carlo Gavazzi Holding AG Cyclically Adjusted PB Ratio Chart

Carlo Gavazzi Holding AG Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.87 1.52 1.43 1.98 2.09

Carlo Gavazzi Holding AG Quarterly Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 1.98 - 2.09 -

Competitive Comparison of Carlo Gavazzi Holding AG's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Carlo Gavazzi Holding AG'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.


Carlo Gavazzi Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

* The bar in red indicates where Carlo Gavazzi Holding AG's Cyclically Adjusted PB Ratio falls into.



Carlo Gavazzi Holding AG 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.

Carlo Gavazzi Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=306.00/128.84
=2.38

* 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.

Carlo Gavazzi Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Carlo Gavazzi Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=185.567/106.2447*106.2447
=185.567

Current CPI (Mar23) = 106.2447.

Carlo Gavazzi Holding AG Annual Data

Book Value per Share CPI Adj_Book
201403 131.201 101.224 137.708
201503 124.508 100.339 131.837
201603 128.608 99.475 137.360
201703 133.904 100.040 142.209
201803 139.669 100.836 147.161
201903 137.181 101.571 143.494
202003 127.124 101.048 133.662
202103 149.441 100.800 157.513
202203 163.491 103.205 168.306
202303 185.567 106.245 185.567

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.


Carlo Gavazzi Holding AG  (CHIX:GAVz) 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.


Carlo Gavazzi Holding AG Cyclically Adjusted PB Ratio Related Terms

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Carlo Gavazzi Holding AG (CHIX:GAVZ) Business Description

Traded in Other Exchanges
Address
Sumpfstrasse 3, Steinhausen, CHE, CH-6312
Carlo Gavazzi Holding AG is engaged in the designing, manufacturing, and marketing of electronic control components for the global markets of industrial and building automation. Its product portfolio comprises sensors, monitoring relays, timers, energy management systems, solid-state relays, safety devices, and Fieldbus systems. Its products are marketed through a network of sales companies and independent national distributors. It has operational footprints across Switzerland, Italy, other Europe, the Middle East and Africa, the United States of America, other North America, and Asia. Geographically the company receives maximum revenue from Europe, the Middle East, and Africa.

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