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Pentair (FRA:PNT) Cyclically Adjusted PB Ratio : 3.44 (As of Jun. 11, 2024)


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What is Pentair Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Pentair's current share price is €72.14. Pentair's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.96. Pentair's Cyclically Adjusted PB Ratio for today is 3.44.

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

FRA:PNT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.81   Max: 3.72
Current: 3.43

During the past years, Pentair's highest Cyclically Adjusted PB Ratio was 3.72. The lowest was 0.96. And the median was 1.81.

FRA:PNT's Cyclically Adjusted PB Ratio is ranked worse than
73.59% of 2177 companies
in the Industrial Products industry
Industry Median: 1.8 vs FRA:PNT: 3.43

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.

Pentair's adjusted book value per share data for the three months ended in Mar. 2024 was €18.437. 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 €20.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pentair Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pentair'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.

Pentair Cyclically Adjusted PB Ratio Chart

Pentair 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 1.85 2.24 3.08 1.87 3.17

Pentair 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 2.32 2.71 2.77 3.17 3.78

Competitive Comparison of Pentair's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Pentair'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.


Pentair's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Pentair 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.14/20.96
=3.44

* 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.

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

For example, Pentair'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)
=18.437/131.6000*131.6000
=18.437

Current CPI (Mar. 2024) = 131.6000.

Pentair Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.858 99.800 28.823
201409 20.636 100.000 27.157
201412 20.732 99.900 27.311
201503 22.752 99.600 30.062
201506 22.526 100.100 29.615
201509 22.421 100.200 29.447
201512 20.393 100.400 26.730
201603 20.295 100.400 26.602
201606 20.476 101.000 26.680
201609 21.352 101.500 27.684
201612 22.189 102.200 28.572
201703 22.445 102.700 28.761
201706 24.047 103.500 30.576
201709 23.140 104.300 29.197
201712 23.609 105.000 29.590
201803 21.457 105.100 26.867
201806 9.218 105.900 11.455
201809 9.282 106.600 11.459
201812 9.418 107.100 11.572
201903 9.630 107.000 11.844
201906 9.514 107.900 11.604
201909 10.095 108.400 12.256
201912 10.449 108.500 12.674
202003 10.335 108.600 12.524
202006 10.435 108.800 12.622
202009 10.462 109.200 12.608
202012 10.426 109.400 12.542
202103 11.088 109.700 13.302
202106 11.367 111.400 13.428
202109 12.010 112.400 14.062
202112 12.982 114.700 14.895
202203 13.746 116.500 15.528
202206 14.743 120.500 16.101
202209 16.204 122.300 17.436
202212 15.537 125.300 16.318
202303 15.908 126.800 16.510
202306 16.409 129.400 16.688
202309 17.237 130.100 17.436
202312 17.843 130.500 17.993
202403 18.437 131.600 18.437

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.


Pentair  (FRA:PNT) 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.


Pentair Cyclically Adjusted PB Ratio Related Terms

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


Pentair (FRA:PNT) Business Description

Traded in Other Exchanges
Address
70 London Road, Regal House, Twickenham, London, GBR, TW13QS
Pentair is a global leader in the water treatment industry, with 10,000 employees and a presence in 25 countries. Pentair's business is organized into two segments: consumer solutions and industrial and flow technologies. The company offers a wide range of water solutions, including energy-efficient swimming pool equipment, filtration solutions, and commercial and industrial pumps. Pentair generated approximately $4.1 billion in revenue and $768 million in adjusted operating income in 2022.