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Gerresheimer AG (Gerresheimer AG) Cyclically Adjusted PB Ratio : 3.09 (As of Jun. 05, 2024)


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What is Gerresheimer AG Cyclically Adjusted PB Ratio?

As of today (2024-06-05), Gerresheimer AG's current share price is $27.30. Gerresheimer AG's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $8.83. Gerresheimer AG's Cyclically Adjusted PB Ratio for today is 3.09.

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

GRRMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 3.37   Max: 4.56
Current: 3.29

During the past years, Gerresheimer AG's highest Cyclically Adjusted PB Ratio was 4.56. The lowest was 1.75. And the median was 3.37.

GRRMY's Cyclically Adjusted PB Ratio is ranked worse than
67.09% of 474 companies
in the Medical Devices & Instruments industry
Industry Median: 2.095 vs GRRMY: 3.29

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.

Gerresheimer AG's adjusted book value per share data for the three months ended in Feb. 2024 was $11.225. 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 $8.83 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gerresheimer AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gerresheimer AG'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.

Gerresheimer AG Cyclically Adjusted PB Ratio Chart

Gerresheimer AG Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.20 4.44 3.35 2.49 2.79

Gerresheimer AG Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 2.92 3.48 3.91 2.79 3.40

Competitive Comparison of Gerresheimer AG's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Gerresheimer AG'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.


Gerresheimer AG's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Gerresheimer AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Gerresheimer AG 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.

Gerresheimer AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.30/8.83
=3.09

* 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.

Gerresheimer AG's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, Gerresheimer AG's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=11.225/124.5109*124.5109
=11.225

Current CPI (Feb. 2024) = 124.5109.

Gerresheimer AG Quarterly Data

Book Value per Share CPI Adj_Book
201405 5.609 99.263 7.036
201408 5.581 99.823 6.961
201411 5.395 99.543 6.748
201502 5.007 99.217 6.283
201505 4.854 100.417 6.019
201508 4.831 100.617 5.978
201511 5.351 99.717 6.682
201602 5.436 99.317 6.815
201605 5.542 100.617 6.858
201608 5.833 101.017 7.190
201611 6.237 100.517 7.726
201702 6.368 101.217 7.834
201705 6.280 101.817 7.680
201708 6.718 102.617 8.151
201711 7.037 102.117 8.580
201802 7.738 102.317 9.416
201805 7.571 103.917 9.071
201808 7.412 104.517 8.830
201811 7.895 104.217 9.432
201902 8.815 103.817 10.572
201905 9.183 105.418 10.846
201908 8.973 106.018 10.538
201911 8.139 105.318 9.622
202002 8.034 105.618 9.471
202005 7.961 106.018 9.350
202008 8.058 106.018 9.464
202011 8.318 105.018 9.862
202102 8.480 107.018 9.866
202105 8.819 108.170 10.151
202108 8.576 109.118 9.786
202111 9.033 110.173 10.209
202202 9.398 111.754 10.471
202205 9.644 115.760 10.373
202208 10.395 116.709 11.090
202211 10.088 119.872 10.478
202302 8.983 121.454 9.209
202305 11.414 122.824 11.571
202308 11.283 123.878 11.341
202311 11.324 123.668 11.401
202402 11.225 124.511 11.225

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.


Gerresheimer AG  (OTCPK:GRRMY) 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.


Gerresheimer AG Cyclically Adjusted PB Ratio Related Terms

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


Gerresheimer AG (Gerresheimer AG) Business Description

Traded in Other Exchanges
Address
Klaus-Bungert-Strasse 4, Duesseldorf, NW, DEU, 40468
Gerresheimer AG provides medicine packaging, drug delivery devices, and solutions with a product range for pharma, health, well-being, and biotech. The firm operates in three segments: The plastics and devices segment consists of products for simple and safe drug delivery along with packaging for liquid and solid medicines, The primary packaging glass segment produces glass packaging products for the pharma and cosmetics industries also for food and beverage industry and The advanced technologies segment works on technical and digital solutions to improve the therapy outcome for patients. The company generates the majority of its revenue in Europe, with sales in Germany contributing the major proportion of any country.

Gerresheimer AG (Gerresheimer AG) Headlines

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