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Pfeiffer Vacuum Technology AG (LTS:0FQR) Cyclically Adjusted PB Ratio : 3.35 (As of Dec. 11, 2024)


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What is Pfeiffer Vacuum Technology AG Cyclically Adjusted PB Ratio?

As of today (2024-12-11), Pfeiffer Vacuum Technology AG's current share price is €153.70. Pfeiffer Vacuum Technology AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €45.83. Pfeiffer Vacuum Technology AG's Cyclically Adjusted PB Ratio for today is 3.35.

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

LTS:0FQR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.11   Med: 4.2   Max: 6.44
Current: 3.36

During the past years, Pfeiffer Vacuum Technology AG's highest Cyclically Adjusted PB Ratio was 6.44. The lowest was 3.11. And the median was 4.20.

LTS:0FQR's Cyclically Adjusted PB Ratio is ranked worse than
65.56% of 2024 companies
in the Industrial Products industry
Industry Median: 2.19 vs LTS:0FQR: 3.36

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.

Pfeiffer Vacuum Technology AG's adjusted book value per share data for the three months ended in Jun. 2024 was €60.055. 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 €45.83 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pfeiffer Vacuum Technology AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pfeiffer Vacuum Technology 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.

Pfeiffer Vacuum Technology AG Cyclically Adjusted PB Ratio Chart

Pfeiffer Vacuum Technology AG 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 5.05 4.72 6.01 4.23 3.47

Pfeiffer Vacuum Technology AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24
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 3.69 3.46 3.33 3.47 3.44

Competitive Comparison of Pfeiffer Vacuum Technology AG's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Pfeiffer Vacuum Technology 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.


Pfeiffer Vacuum Technology AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Pfeiffer Vacuum Technology 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.

Pfeiffer Vacuum Technology AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=153.70/45.83
=3.35

* 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.

Pfeiffer Vacuum Technology AG's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Pfeiffer Vacuum Technology AG's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=60.055/125.8815*125.8815
=60.055

Current CPI (Jun. 2024) = 125.8815.

Pfeiffer Vacuum Technology AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 26.408 99.543 33.396
201409 27.491 99.823 34.668
201412 28.348 99.543 35.849
201503 30.667 99.717 38.714
201506 28.887 100.417 36.212
201509 29.710 100.417 37.244
201512 30.911 99.717 39.022
201603 31.573 100.017 39.738
201606 28.653 100.717 35.812
201609 29.712 101.017 37.025
201612 31.981 101.217 39.774
201703 33.707 101.417 41.838
201706 30.420 102.117 37.499
201709 31.529 102.717 38.639
201712 32.524 102.617 39.898
201803 34.107 102.917 41.717
201806 34.271 104.017 41.475
201809 35.809 104.718 43.046
201812 37.722 104.217 45.563
201903 39.384 104.217 47.571
201906 37.121 105.718 44.201
201909 38.935 106.018 46.230
201912 39.872 105.818 47.432
202003 40.788 105.718 48.568
202006 39.684 106.618 46.854
202009 40.169 105.818 47.785
202012 39.699 105.518 47.361
202103 42.033 107.518 49.212
202106 42.491 108.486 49.304
202109 44.644 109.435 51.353
202112 46.554 110.384 53.090
202203 49.126 113.968 54.261
202206 49.814 115.760 54.169
202209 53.112 118.818 56.270
202212 53.848 119.345 56.797
202303 55.525 122.402 57.103
202306 56.859 123.140 58.125
202309 59.530 124.195 60.339
202312 56.741 123.773 57.708
202406 60.055 125.882 60.055

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.


Pfeiffer Vacuum Technology AG  (LTS:0FQR) 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.


Pfeiffer Vacuum Technology AG Cyclically Adjusted PB Ratio Related Terms

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


Pfeiffer Vacuum Technology AG Business Description

Traded in Other Exchanges
Address
Berliner Strasse 43, Asslar, HE, DEU, 35614
Pfeiffer Vacuum Technology AG is a Germany-based company that develops, manufactures, and markets parts and systems for vacuum generation, measurement, and analysis, and for leak detection. The company has an extensive line of solutions, products, and services, including turbo pumps, backing pumps, custom pumps, measurement and analysis equipment, and others. The company's customers primarily come from applications including semiconductors, coating, industrial purposes, and others. The company markets its products through its proprietary sales network and independent marketing agents. Pfeiffer Vacuum Technology has a global presence, with Europe, the United States, and Asia being the three biggest markets for the company.

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