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Global Industrial Co (FRA:GML0) Cyclically Adjusted PB Ratio : 4.85 (As of May. 25, 2024)


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What is Global Industrial Co Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Global Industrial Co's current share price is €31.80. Global Industrial Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.55. Global Industrial Co's Cyclically Adjusted PB Ratio for today is 4.85.

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

FRA:GML0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 2.32   Max: 6.34
Current: 4.92

During the past years, Global Industrial Co's highest Cyclically Adjusted PB Ratio was 6.34. The lowest was 0.63. And the median was 2.32.

FRA:GML0's Cyclically Adjusted PB Ratio is ranked worse than
84.55% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs FRA:GML0: 4.92

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.

Global Industrial Co's adjusted book value per share data for the three months ended in Mar. 2024 was €6.270. 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 €6.55 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Industrial Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global Industrial Co'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.

Global Industrial Co Cyclically Adjusted PB Ratio Chart

Global Industrial Co 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 2.60 4.03 4.86 3.00 5.39

Global Industrial Co 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 3.47 3.66 4.51 5.39 6.27

Competitive Comparison of Global Industrial Co's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Global Industrial Co'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.


Global Industrial Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

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

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



Global Industrial Co 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.

Global Industrial Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=31.80/6.55
=4.85

* 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.

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

For example, Global Industrial Co'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)
=6.27/131.7762*131.7762
=6.270

Current CPI (Mar. 2024) = 131.7762.

Global Industrial Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.019 100.560 10.508
201409 8.267 100.428 10.848
201412 7.923 99.070 10.539
201503 8.191 99.621 10.835
201506 7.288 100.684 9.539
201509 6.979 100.392 9.161
201512 6.321 99.792 8.347
201603 5.805 100.470 7.614
201606 5.522 101.688 7.156
201609 5.354 101.861 6.926
201612 5.505 101.863 7.122
201703 5.302 102.862 6.792
201706 5.398 103.349 6.883
201709 5.330 104.136 6.745
201712 4.825 104.011 6.113
201803 4.887 105.290 6.116
201806 4.541 106.317 5.628
201809 8.540 106.507 10.566
201812 3.242 105.998 4.030
201903 3.405 107.251 4.184
201906 3.685 108.070 4.493
201909 4.014 108.329 4.883
201912 4.192 108.420 5.095
202003 3.321 108.902 4.019
202006 3.524 108.767 4.269
202009 3.815 109.815 4.578
202012 2.338 109.897 2.803
202103 2.615 111.754 3.084
202106 2.958 114.631 3.400
202109 3.446 115.734 3.924
202112 3.591 117.630 4.023
202203 4.090 121.301 4.443
202206 4.682 125.017 4.935
202209 5.375 125.227 5.656
202212 5.232 125.222 5.506
202303 5.331 127.348 5.516
202306 5.626 128.729 5.759
202309 6.061 129.860 6.150
202312 6.146 129.419 6.258
202403 6.270 131.776 6.270

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.


Global Industrial Co  (FRA:GML0) 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.


Global Industrial Co Cyclically Adjusted PB Ratio Related Terms

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


Global Industrial Co (FRA:GML0) Business Description

Traded in Other Exchanges
Address
11 Harbor Park Drive, Port Washington, NY, USA, 11050
Global Industrial Co is a value-added industrial distributor. It distributes a wide range of industrial and maintenance, repair, and operations (MRO) products to customers across North America, including storage and shelving, safety and security, carts and trucks, HVAC and fans, furniture and decor, material handling, janitorial and facility maintenance, workbenches and shop desks, tools and instruments, plumbing and pumps, office and school supplies, packaging and shipping, lighting and electrical, food service and retail, medical and laboratory, motors and power transmission, building supplies, machining, fasteners and hardware, vehicle maintenance, and raw materials.

Global Industrial Co (FRA:GML0) Headlines

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