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Smith & Wesson Brands (LTS:0HEM) Cyclically Adjusted PB Ratio : 1.31 (As of Mar. 03, 2025)


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What is Smith & Wesson Brands Cyclically Adjusted PB Ratio?

As of today (2025-03-03), Smith & Wesson Brands's current share price is $10.77. Smith & Wesson Brands's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 was $8.24. Smith & Wesson Brands's Cyclically Adjusted PB Ratio for today is 1.31.

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

LTS:0HEM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 2.59   Max: 9.61
Current: 1.32

During the past years, Smith & Wesson Brands's highest Cyclically Adjusted PB Ratio was 9.61. The lowest was 0.97. And the median was 2.59.

LTS:0HEM's Cyclically Adjusted PB Ratio is ranked better than
74.85% of 171 companies
in the Aerospace & Defense industry
Industry Median: 2.69 vs LTS:0HEM: 1.32

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.

Smith & Wesson Brands's adjusted book value per share data for the three months ended in Oct. 2024 was $8.346. 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 $8.24 for the trailing ten years ended in Oct. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Smith & Wesson Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Smith & Wesson Brands'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.

Smith & Wesson Brands Cyclically Adjusted PB Ratio Chart

Smith & Wesson Brands Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.48 3.21 2.15 1.67 2.14

Smith & Wesson Brands Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 1.95 1.70 2.14 2.05 1.58

Competitive Comparison of Smith & Wesson Brands's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Smith & Wesson Brands'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.


Smith & Wesson Brands's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Smith & Wesson Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Smith & Wesson Brands's Cyclically Adjusted PB Ratio falls into.



Smith & Wesson Brands 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.

Smith & Wesson Brands's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.77/8.24
=1.31

* 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.

Smith & Wesson Brands's Cyclically Adjusted Book per Share for the quarter that ended in Oct. 2024 is calculated as:

For example, Smith & Wesson Brands's adjusted Book Value per Share data for the three months ended in Oct. 2024 was:

Adj_Book=Book Value per Share/CPI of Oct. 2024 (Change)*Current CPI (Oct. 2024)
=8.346/133.1820*133.1820
=8.346

Current CPI (Oct. 2024) = 133.1820.

Smith & Wesson Brands Quarterly Data

Book Value per Share CPI Adj_Book
201501 3.154 98.604 4.260
201504 3.595 99.824 4.796
201507 3.863 100.691 5.110
201510 4.130 100.346 5.481
201601 4.800 99.957 6.395
201604 5.497 100.947 7.252
201607 6.061 101.524 7.951
201610 6.690 101.988 8.736
201701 7.316 102.456 9.510
201704 7.301 103.167 9.425
201707 7.234 103.278 9.329
201710 7.344 104.070 9.398
201801 7.592 104.578 9.669
201804 7.779 105.708 9.801
201807 7.846 106.324 9.828
201810 7.999 106.695 9.985
201901 7.919 106.200 9.931
201904 8.126 107.818 10.038
201907 8.082 108.250 9.943
201910 8.110 108.577 9.948
202001 8.181 108.841 10.011
202004 6.993 108.173 8.610
202007 7.847 109.318 9.560
202010 4.055 109.861 4.916
202101 4.464 110.364 5.387
202104 5.334 112.673 6.305
202107 6.245 115.183 7.221
202110 7.212 116.696 8.231
202201 7.170 118.619 8.050
202204 7.906 121.978 8.632
202207 7.853 125.002 8.367
202210 7.989 125.734 8.462
202301 8.157 126.223 8.607
202304 8.363 127.992 8.702
202307 8.294 128.974 8.565
202310 8.184 129.810 8.397
202401 8.261 130.124 8.455
202404 8.739 132.289 8.798
202407 8.428 132.708 8.458
202410 8.346 133.182 8.346

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.


Smith & Wesson Brands  (LTS:0HEM) 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.


Smith & Wesson Brands Cyclically Adjusted PB Ratio Related Terms

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


Smith & Wesson Brands Business Description

Traded in Other Exchanges
Address
2100 Roosevelt Avenue, Springfield, MA, USA, 01104
Smith & Wesson Brands Inc is a U.S.-based leader in firearm manufacturing. It operates under one reportable segment: Firearms, which includes firearms distribution and manufacturing services. The company manufactures handguns, long guns, sporting rifles, shooting gear, and suppressor products. The firm's brand portfolio consists of Smith and Wesson, M&P, Thompson/Center Arms, Performance Center, and Gemtech; which are used for defense, law enforcement, hunting, and sporting purposes. The company operates internationally, with the majority of income generated by the U.S. market from its handgun products.

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