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Acushnet Holdings (Acushnet Holdings) Cyclically Adjusted PB Ratio : 4.68 (As of Apr. 30, 2024)


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What is Acushnet Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Acushnet Holdings's current share price is $60.98. Acushnet Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $13.03. Acushnet Holdings's Cyclically Adjusted PB Ratio for today is 4.68.

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

GOLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.46   Med: 4.77   Max: 5.33
Current: 4.77

During the past 11 years, Acushnet Holdings's highest Cyclically Adjusted PB Ratio was 5.33. The lowest was 3.46. And the median was 4.77.

GOLF's Cyclically Adjusted PB Ratio is ranked worse than
86.88% of 587 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs GOLF: 4.77

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.

Acushnet Holdings's adjusted book value per share data of for the fiscal year that ended in Dec23 was $13.625. 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 $13.03 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acushnet Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Acushnet Holdings'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.

Acushnet Holdings Cyclically Adjusted PB Ratio Chart

Acushnet Holdings 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 - - - 3.39 4.85

Acushnet Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.39 - - - 4.85

Competitive Comparison of Acushnet Holdings's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Acushnet Holdings'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.


Acushnet Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Acushnet Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Acushnet Holdings 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.

Acushnet Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.98/13.03
=4.68

* 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.

Acushnet Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Acushnet Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=13.625/129.4194*129.4194
=13.625

Current CPI (Dec23) = 129.4194.

Acushnet Holdings Annual Data

Book Value per Share CPI Adj_Book
201412 9.367 99.070 12.237
201512 2.257 99.792 2.927
201612 9.932 101.863 12.619
201712 11.027 104.011 13.721
201812 11.970 105.998 14.615
201912 12.339 108.420 14.729
202012 13.298 109.897 15.660
202112 14.331 117.630 15.767
202212 13.927 125.222 14.394
202312 13.625 129.419 13.625

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.


Acushnet Holdings  (NYSE:GOLF) 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.


Acushnet Holdings Cyclically Adjusted PB Ratio Related Terms

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


Acushnet Holdings (Acushnet Holdings) Business Description

Traded in Other Exchanges
Address
333 Bridge Street, Fairhaven, MA, USA, 02719
Acushnet Holdings Corp is engaged in the design, development, manufacture, and distribution of golf products. Its product category includes golf balls, golf shoes, golf clubs, wedges, putters, golf gloves, golf gear and golf wear, of which key revenue is derived from the sales of golf balls and golf gloves. The operating segments of the company are Titleist golf balls, Titleist golf clubs, Titleist golf gear and FootJoy golf wear. The company operates in the United States, EMEA, Japan, Korea and other countries, of which a majority of the revenue is generated from the operations in the United States.
Executives
Christopher Aaron Lindner officer: President, FootJoy C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Steven Francis Pelisek officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Fila Korea Co., Ltd. director, 10 percent owner 1077 CHEONHO-DAERO, GANGDONG-GU, 15F,16F,17F,18F, SEOUL M5 05340
Brendan J. Reidy officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
David Eugene Maher officer: Chief Operating Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Sean S Sullivan director 11 PENN PLAZA, NEW YORK NY 10001
Nicholas N Mohamed officer: Principal Accounting Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Leanne D Cunningham director 850 DIXIE HIGHWAY, LOUISVILLE KY 40210
Mary Louise Bohn officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Thomas Pacheco officer: Principal Accounting Officer C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Roger Czuchra officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Lee Ho Yeon (aaron) director, 10 percent owner FILA HOLDINGS CORP-EAST CENTRAL TOWER18F, 1077 CHEONHO-DAERO, GANGDON-GU, SEOUL M5 05340
Jan Singer director 2 PARK AVENUE, 12TH FLOOR, NEW YORK NY 10016
Roland A Giroux officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719
Duke John Francis Jr officer: See Remarks C/O ACUSHNET HOLDINGS CORP., 333 BRIDGE STREET, FAIRHAVEN MA 02719