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PZ Cussons (LSE:PZC) Cyclically Adjusted PB Ratio : 0.89 (As of May. 16, 2024)


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What is PZ Cussons Cyclically Adjusted PB Ratio?

As of today (2024-05-16), PZ Cussons's current share price is £1.082. PZ Cussons's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 was £1.21. PZ Cussons's Cyclically Adjusted PB Ratio for today is 0.89.

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

LSE:PZC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.71   Med: 2.17   Max: 4.34
Current: 0.87

During the past 13 years, PZ Cussons's highest Cyclically Adjusted PB Ratio was 4.34. The lowest was 0.71. And the median was 2.17.

LSE:PZC's Cyclically Adjusted PB Ratio is ranked better than
68.58% of 1254 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs LSE:PZC: 0.87

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.

PZ Cussons's adjusted book value per share data of for the fiscal year that ended in May23 was £0.923. 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 £1.21 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PZ Cussons Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PZ Cussons'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.

PZ Cussons Cyclically Adjusted PB Ratio Chart

PZ Cussons Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.74 1.55 2.28 1.73 1.52

PZ Cussons Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 1.73 - 1.52 -

Competitive Comparison of PZ Cussons's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, PZ Cussons'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.


PZ Cussons's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



PZ Cussons 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.

PZ Cussons's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.082/1.21
=0.89

* 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.

PZ Cussons's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 is calculated as:

For example, PZ Cussons's adjusted Book Value per Share data for the fiscal year that ended in May23 was:

Adj_Book=Book Value per Share/CPI of May23 (Change)*Current CPI (May23)
=0.923/129.1000*129.1000
=0.923

Current CPI (May23) = 129.1000.

PZ Cussons Annual Data

Book Value per Share CPI Adj_Book
201405 1.129 99.600 1.463
201505 1.057 100.100 1.363
201605 1.174 100.800 1.504
201705 1.011 103.500 1.261
201805 1.016 105.900 1.239
201905 0.985 107.900 1.179
202005 0.923 108.600 1.097
202105 0.831 111.000 0.967
202205 0.996 119.700 1.074
202305 0.923 129.100 0.923

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.


PZ Cussons  (LSE:PZC) 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.


PZ Cussons Cyclically Adjusted PB Ratio Related Terms

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


PZ Cussons (LSE:PZC) Business Description

Traded in Other Exchanges
Address
Manchester Business Park, 3500 Aviator Way, Manchester, GBR, M22 5TG
PZ Cussons PLC is a household and personal-care company. Its main business categories are personal care and beauty, home care, food and nutrition, and electricals. Its key geographies are Africa (Ghana, Nigeria, and Kenya); Europe (the UK, Poland, and Greece); Asia (Australia, Thailand, and Indonesia); and the US The personal care and beauty segment offers shower gels, soaps, and haircare products under brands like Cussons Baby and Carex. Thu home care division offers dishwashers and laundry detergents under the Zip, Radiant, and Morning Fresh brands. The food and nutrition division provides organic yogurts, olive oil, and baby food under the Minerva and Rafferty's Garden brands. The electrical division offers electrical household items such as audiovisual products and air conditioners.

PZ Cussons (LSE:PZC) Headlines