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Kimberly-Clark (FRA:KMY) Cyclically Adjusted PB Ratio : 80.33 (As of May. 06, 2024)


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What is Kimberly-Clark Cyclically Adjusted PB Ratio?

As of today (2024-05-06), Kimberly-Clark's current share price is €125.32. Kimberly-Clark's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.56. Kimberly-Clark's Cyclically Adjusted PB Ratio for today is 80.33.

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

FRA:KMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.19   Med: 12.99   Max: 81.01
Current: 80.97

During the past years, Kimberly-Clark's highest Cyclically Adjusted PB Ratio was 81.01. The lowest was 6.19. And the median was 12.99.

FRA:KMY's Cyclically Adjusted PB Ratio is ranked worse than
99.68% of 1243 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs FRA:KMY: 80.97

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.

Kimberly-Clark's adjusted book value per share data for the three months ended in Mar. 2024 was €2.852. 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 €1.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimberly-Clark Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kimberly-Clark'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.

Kimberly-Clark Cyclically Adjusted PB Ratio Chart

Kimberly-Clark 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 19.32 23.67 31.27 41.36 60.61

Kimberly-Clark 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 44.81 51.28 51.11 60.61 76.96

Competitive Comparison of Kimberly-Clark's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Kimberly-Clark'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.


Kimberly-Clark's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Kimberly-Clark's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Kimberly-Clark 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.

Kimberly-Clark's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=125.32/1.56
=80.33

* 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.

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

For example, Kimberly-Clark'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)
=2.852/129.4194*129.4194
=2.852

Current CPI (Mar. 2024) = 129.4194.

Kimberly-Clark Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.080 100.560 11.686
201409 8.885 100.428 11.450
201412 1.618 99.070 2.114
201503 0.490 99.621 0.637
201506 1.262 100.684 1.622
201509 0.132 100.392 0.170
201512 -0.443 99.792 -0.575
201603 0.272 100.470 0.350
201606 0.485 101.688 0.617
201609 0.743 101.861 0.944
201612 -0.271 101.863 -0.344
201703 0.358 102.862 0.450
201706 0.257 103.349 0.322
201709 0.618 104.136 0.768
201712 1.514 104.011 1.884
201803 0.735 105.290 0.903
201806 -0.140 106.317 -0.170
201809 -0.329 106.507 -0.400
201812 -0.731 105.998 -0.893
201903 -0.785 107.251 -0.947
201906 -0.458 108.070 -0.548
201909 -0.373 108.329 -0.446
201912 -0.087 108.420 -0.104
202003 -0.443 108.902 -0.526
202006 0.698 108.767 0.831
202009 0.836 109.815 0.985
202012 1.519 109.897 1.789
202103 1.289 111.754 1.493
202106 1.291 114.631 1.458
202109 1.197 115.734 1.339
202112 1.351 117.630 1.486
202203 1.900 121.301 2.027
202206 1.662 125.017 1.721
202209 1.308 125.227 1.352
202212 1.530 125.222 1.581
202303 1.990 127.348 2.022
202306 1.365 128.729 1.372
202309 1.885 129.860 1.879
202312 2.490 129.419 2.490
202403 2.852 129.419 2.852

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.


Kimberly-Clark  (FRA:KMY) 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.


Kimberly-Clark Cyclically Adjusted PB Ratio Related Terms

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


Kimberly-Clark (FRA:KMY) Business Description

Address
P.O. Box 619100, Dallas, TX, USA, 75261-9100
With more than half of sales from personal care and another third from tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.

Kimberly-Clark (FRA:KMY) Headlines

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