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Ferguson (Ferguson) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Ferguson Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ferguson Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ferguson'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.

Ferguson Cyclically Adjusted PB Ratio Chart

Ferguson Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.81 5.45 7.75 5.97 6.82

Ferguson Quarterly Data
Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6.36 6.05 6.82 6.22 7.73

Competitive Comparison of Ferguson's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Ferguson'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.


Ferguson's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

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



Ferguson 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.

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

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=2.409/130.0000*130.0000
=2.409

Current CPI (Jan. 2024) = 130.0000.

Ferguson Quarterly Data

Book Value per Share CPI Adj_Book
200801 4.945 84.100 7.644
200807 4.803 86.600 7.210
200901 1.805 86.600 2.710
200907 2.266 88.000 3.348
201001 2.059 88.800 3.014
201007 1.925 90.000 2.781
201101 2.097 91.800 2.970
201107 2.217 93.500 3.082
201201 0.000 94.700 0.000
201207 1.961 95.700 2.664
201301 1.718 97.000 2.302
201307 1.850 98.000 2.454
201401 1.799 98.700 2.370
201407 1.932 99.600 2.522
201501 1.514 99.200 1.984
201507 1.650 100.000 2.145
201601 1.600 99.900 2.082
201607 1.604 100.900 2.067
201701 1.614 101.800 2.061
201707 1.894 103.500 2.379
201801 1.932 104.500 2.403
201807 1.750 105.900 2.148
201901 1.850 106.400 2.260
201907 1.890 108.000 2.275
202001 1.818 108.300 2.182
202007 1.944 109.200 2.314
202010 0.000 109.200 0.000
202101 1.998 109.300 2.376
202104 0.000 110.400 0.000
202107 2.225 111.400 2.596
202110 2.293 113.400 2.629
202201 2.154 114.600 2.443
202204 2.002 119.000 2.187
202207 2.074 121.200 2.225
202210 2.277 124.300 2.381
202301 2.101 124.800 2.189
202304 2.099 128.300 2.127
202307 2.240 129.000 2.257
202310 2.383 130.200 2.379
202401 2.409 130.000 2.409

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.


Ferguson  (OTCPK:FERGY) 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.


Ferguson Cyclically Adjusted PB Ratio Related Terms

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


Ferguson (Ferguson) Business Description

Traded in Other Exchanges
Address
1020 Eskdale Road, Winnersh Triangle, Wokingham, Berkshire, GBR, RG41 5TS
Ferguson distributes plumbing and HVAC products primarily to repair, maintenance and improvement, new construction, and civil infrastructure markets. It serves over 1 million customers and sources products from 37,000 suppliers. Ferguson engages customers through approximately 1,700 North American branches, over the phone, online, and in residential showrooms. In fiscal 2023, Ferguson derived 95% of its nearly $30 billion of sales in the U.S. According to Modern Distribution Management, Ferguson is the largest industrial and construction distributor in North America. The firm sold its U.K. business in 2021 and is now solely focused on the North American market.

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