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AptarGroup (FRA:AGT) Cyclically Adjusted PB Ratio : 5.07 (As of May. 16, 2024)


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What is AptarGroup Cyclically Adjusted PB Ratio?

As of today (2024-05-16), AptarGroup's current share price is €135.90. AptarGroup's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.79. AptarGroup's Cyclically Adjusted PB Ratio for today is 5.07.

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

FRA:AGT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.99   Med: 4.17   Max: 6.63
Current: 5.11

During the past years, AptarGroup's highest Cyclically Adjusted PB Ratio was 6.63. The lowest was 2.99. And the median was 4.17.

FRA:AGT's Cyclically Adjusted PB Ratio is ranked worse than
79.01% of 467 companies
in the Medical Devices & Instruments industry
Industry Median: 2.2 vs FRA:AGT: 5.11

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.

AptarGroup's adjusted book value per share data for the three months ended in Mar. 2024 was €32.643. 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 €26.79 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


AptarGroup Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AptarGroup'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.

AptarGroup Cyclically Adjusted PB Ratio Chart

AptarGroup 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 5.14 5.88 4.82 4.01 4.29

AptarGroup 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 4.22 4.07 4.34 4.29 4.97

Competitive Comparison of AptarGroup's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, AptarGroup'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.


AptarGroup's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, AptarGroup's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AptarGroup 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=135.90/26.79
=5.07

* 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.

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

For example, AptarGroup'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)
=32.643/129.4194*129.4194
=32.643

Current CPI (Mar. 2024) = 129.4194.

AptarGroup Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.229 100.560 22.174
201409 16.915 100.428 21.798
201412 14.433 99.070 18.855
201503 15.174 99.621 19.713
201506 15.995 100.684 20.560
201509 16.558 100.392 21.346
201512 16.883 99.792 21.895
201603 18.094 100.470 23.308
201606 17.804 101.688 22.659
201609 18.305 101.861 23.257
201612 17.921 101.863 22.769
201703 18.555 102.862 23.346
201706 18.609 103.349 23.303
201709 17.797 104.136 22.118
201712 17.936 104.011 22.317
201803 18.254 105.290 22.437
201806 18.570 106.317 22.605
201809 19.023 106.507 23.115
201812 19.880 105.998 24.273
201903 20.581 107.251 24.835
201906 21.864 108.070 26.183
201909 22.077 108.329 26.375
201912 22.174 108.420 26.469
202003 22.375 108.902 26.591
202006 22.727 108.767 27.042
202009 23.089 109.815 27.211
202012 23.400 109.897 27.557
202103 24.335 111.754 28.182
202106 25.017 114.631 28.244
202109 25.292 115.734 28.283
202112 26.610 117.630 29.277
202203 27.493 121.301 29.333
202206 27.977 125.017 28.962
202209 28.996 125.227 29.967
202212 29.738 125.222 30.735
202303 30.174 127.348 30.665
202306 30.594 128.729 30.758
202309 31.325 129.860 31.219
202312 32.100 129.419 32.100
202403 32.643 129.419 32.643

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.


AptarGroup  (FRA:AGT) 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.


AptarGroup Cyclically Adjusted PB Ratio Related Terms

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


AptarGroup (FRA:AGT) Business Description

Traded in Other Exchanges
Address
265 Exchange Drive, Suite 301, Crystal Lake, IL, USA, 60014
Headquartered in Crystal Lake, Illinois, AptarGroup is a leading global supplier of dispensing systems such as aerosol valves, pumps, and closures to the consumer goods and pharmaceutical markets. With the bulk of its annual net sales coming from Europe (50% of sales) and the United States (33%), Aptar aims to increase its presence in Asia (10%) and Latin America (7%). Aptar's pharmaceutical division generates roughly one third of group sales but over two thirds of group profits.

AptarGroup (FRA:AGT) Headlines