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The Estee Lauder (FRA:ELAA) Cyclically Adjusted PB Ratio : 9.09 (As of May. 03, 2024)


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What is The Estee Lauder Cyclically Adjusted PB Ratio?

As of today (2024-05-03), The Estee Lauder's current share price is €123.00. The Estee Lauder's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.53. The Estee Lauder's Cyclically Adjusted PB Ratio for today is 9.09.

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

FRA:ELAA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.42   Med: 14.04   Max: 30
Current: 8.96

During the past years, The Estee Lauder's highest Cyclically Adjusted PB Ratio was 30.00. The lowest was 7.42. And the median was 14.04.

FRA:ELAA's Cyclically Adjusted PB Ratio is ranked worse than
95.24% of 1240 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs FRA:ELAA: 8.96

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.

The Estee Lauder's adjusted book value per share data for the three months ended in Mar. 2024 was €14.738. 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 €13.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Estee Lauder Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Estee Lauder'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.

The Estee Lauder Cyclically Adjusted PB Ratio Chart

The Estee Lauder Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.61 17.93 26.82 18.47 13.31

The Estee Lauder 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 17.01 13.31 9.67 9.77 10.23

Competitive Comparison of The Estee Lauder's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, The Estee Lauder'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.


The Estee Lauder's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



The Estee Lauder 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.

The Estee Lauder's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=123.00/13.53
=9.09

* 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.

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

For example, The Estee Lauder'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)
=14.738/129.4194*129.4194
=14.738

Current CPI (Mar. 2024) = 129.4194.

The Estee Lauder Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.410 100.560 9.537
201409 7.695 100.428 9.916
201412 8.173 99.070 10.677
201503 9.414 99.621 12.230
201506 8.659 100.684 11.130
201509 8.390 100.392 10.816
201512 8.956 99.792 11.615
201603 9.272 100.470 11.944
201606 8.644 101.688 11.001
201609 8.895 101.861 11.302
201612 9.821 101.863 12.478
201703 10.474 102.862 13.178
201706 10.600 103.349 13.274
201709 10.771 104.136 13.386
201712 10.480 104.011 13.040
201803 10.402 105.290 12.786
201806 10.930 106.317 13.305
201809 10.361 106.507 12.590
201812 10.460 105.998 12.771
201903 11.224 107.251 13.544
201906 10.749 108.070 12.873
201909 11.403 108.329 13.623
201912 11.454 108.420 13.672
202003 10.883 108.902 12.933
202006 9.692 108.767 11.532
202009 10.456 109.815 12.323
202012 12.288 109.897 14.471
202103 12.807 111.754 14.831
202106 13.897 114.631 15.690
202109 14.332 115.734 16.027
202112 15.317 117.630 16.852
202203 15.606 121.301 16.650
202206 14.810 125.017 15.332
202209 15.607 125.227 16.130
202212 15.601 125.222 16.124
202303 15.360 127.348 15.610
202306 14.415 128.729 14.492
202309 13.988 129.860 13.941
202312 14.614 129.419 14.614
202403 14.738 129.419 14.738

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.


The Estee Lauder  (FRA:ELAA) 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.


The Estee Lauder Cyclically Adjusted PB Ratio Related Terms

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


The Estee Lauder (FRA:ELAA) Business Description

Address
767 Fifth Avenue, New York, NY, USA, 10153
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.

The Estee Lauder (FRA:ELAA) Headlines

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