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Cooper-Standard Holdings (Cooper-Standard Holdings) Cyclically Adjusted PB Ratio : 0.38 (As of May. 14, 2024)


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What is Cooper-Standard Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Cooper-Standard Holdings's current share price is $14.72. Cooper-Standard Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $38.61. Cooper-Standard Holdings's Cyclically Adjusted PB Ratio for today is 0.38.

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

CPS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 0.82   Max: 4.79
Current: 0.38

During the past years, Cooper-Standard Holdings's highest Cyclically Adjusted PB Ratio was 4.79. The lowest was 0.09. And the median was 0.82.

CPS's Cyclically Adjusted PB Ratio is ranked better than
87.91% of 918 companies
in the Vehicles & Parts industry
Industry Median: 1.26 vs CPS: 0.38

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.

Cooper-Standard Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $-6.700. 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 $38.61 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cooper-Standard Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cooper-Standard Holdings'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.

Cooper-Standard Holdings Cyclically Adjusted PB Ratio Chart

Cooper-Standard Holdings 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 0.88 0.81 0.50 0.21 0.49

Cooper-Standard Holdings 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 0.33 0.34 0.32 0.49 0.43

Competitive Comparison of Cooper-Standard Holdings's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Cooper-Standard Holdings'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.


Cooper-Standard Holdings's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Cooper-Standard Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cooper-Standard Holdings's Cyclically Adjusted PB Ratio falls into.



Cooper-Standard Holdings 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.

Cooper-Standard Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.72/38.61
=0.38

* 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.

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

For example, Cooper-Standard Holdings'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)
=-6.7/129.4194*129.4194
=-6.700

Current CPI (Mar. 2024) = 129.4194.

Cooper-Standard Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 39.076 100.560 50.291
201409 38.409 100.428 49.497
201412 32.218 99.070 42.088
201503 31.046 99.621 40.332
201506 33.530 100.684 43.100
201509 33.948 100.392 43.764
201512 34.563 99.792 44.824
201603 36.426 100.470 46.922
201606 38.164 101.688 48.572
201609 39.642 101.861 50.367
201612 39.420 101.863 50.084
201703 41.666 102.862 52.423
201706 44.469 103.349 55.687
201709 46.364 104.136 57.621
201712 46.139 104.011 57.410
201803 49.405 105.290 60.727
201806 48.134 106.317 58.593
201809 49.583 106.507 60.250
201812 46.985 105.998 57.367
201903 47.010 107.251 56.727
201906 55.395 108.070 66.339
201909 53.354 108.329 63.741
201912 50.833 108.420 60.679
202003 42.057 108.902 49.981
202006 34.948 108.767 41.584
202009 36.380 109.815 42.875
202012 35.930 109.897 42.313
202103 33.646 111.754 38.964
202106 30.491 114.631 34.424
202109 23.142 115.734 25.878
202112 19.120 117.630 21.036
202203 16.162 121.301 17.244
202206 13.292 125.017 13.760
202209 10.582 125.227 10.936
202212 6.296 125.222 6.507
202303 -1.140 127.348 -1.159
202306 -3.153 128.729 -3.170
202309 -2.860 129.860 -2.850
202312 -4.727 129.419 -4.727
202403 -6.700 129.419 -6.700

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.


Cooper-Standard Holdings  (NYSE:CPS) 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.


Cooper-Standard Holdings Cyclically Adjusted PB Ratio Related Terms

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


Cooper-Standard Holdings (Cooper-Standard Holdings) Business Description

Traded in Other Exchanges
Address
40300 Traditions Drive, Northville, MI, USA, 48168
Cooper-Standard Holdings Inc is a supplier of rubber and resin products for the automotive industry. The company produces rubber and plastic sealings, fuel and brake lines, fluid transfer hoses, and anti-vibration systems used by original equipment manufacturers and replacement markets for passenger vehicles and light trucks. The largest customers include Ford, GM, FCA, Peugeot Citroen, and Volkswagen. Cooper Standard generates the majority of its revenue with its sealing systems products such as Fortrex, dynamic and static seals, stainless steel trims, flush glass systems, and variable extrusions.
Executives
Maryann Peterson Kanary officer: See remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Amy B. Kulikowski officer: VP, Chief Accounting Officer 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Patrick Clark officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Somasundhar Venkatasubramanian officer: See remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Jeffrey S Edwards officer: President and CEO 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Larry Ott officer: VP Global HR 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Van Oss Stephen A director
Christopher Couch officer: See Remarks 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
Rebecca Mccabe officer: VP, Chief Accounting Officer 40300 TRADITIONS DRIVE, 40300, NORTHVILLE MI 48168
Christine M Moore director 411 WEST LAFAYETTE, DETROIT MI 48226
Justin E Mirro director 40300 TRADITIONS DRIVE, NORTHVILLE MI 48168
John G. Boss director 260 HUDSON RIVER ROAD, WATERFORD NY 12188
Jeffrey A. Debest officer: See Remarks 39550 ORCHARD HILL PLACE, NOVI MI 48375
Susan P. Kampe officer: See Remarks 39550 ORCHARD HILL PLACE, NOVI MI 48375
Peter C. Brusate officer: Corp. Controller and CAO 39550 ORCHARD HILL PLACE, NOVI MI 48375