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Johnson Controls International (LTS:0Y7S) Cyclically Adjusted PB Ratio : 3.80 (As of Jun. 03, 2025)


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What is Johnson Controls International Cyclically Adjusted PB Ratio?

As of today (2025-06-03), Johnson Controls International's current share price is $99.67. Johnson Controls International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $26.25. Johnson Controls International's Cyclically Adjusted PB Ratio for today is 3.80.

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

LTS:0Y7S' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.16   Max: 3.86
Current: 3.82

During the past years, Johnson Controls International's highest Cyclically Adjusted PB Ratio was 3.86. The lowest was 0.65. And the median was 2.16.

LTS:0Y7S's Cyclically Adjusted PB Ratio is ranked worse than
85.84% of 1264 companies
in the Construction industry
Industry Median: 1.095 vs LTS:0Y7S: 3.82

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.

Johnson Controls International's adjusted book value per share data for the three months ended in Mar. 2025 was $24.018. 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 $26.25 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Johnson Controls International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Johnson Controls International'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.

Johnson Controls International Cyclically Adjusted PB Ratio Chart

Johnson Controls International Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.04 3.17 2.08 2.10 3.01

Johnson Controls International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.56 2.57 3.01 3.04 3.05

Competitive Comparison of Johnson Controls International's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Johnson Controls International'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.


Johnson Controls International's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Johnson Controls International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Johnson Controls International's Cyclically Adjusted PB Ratio falls into.


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Johnson Controls International 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.

Johnson Controls International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=99.67/26.25
=3.80

* 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.

Johnson Controls International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Johnson Controls International's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=24.018/123.4051*123.4051
=24.018

Current CPI (Mar. 2025) = 123.4051.

Johnson Controls International Quarterly Data

Book Value per Share CPI Adj_Book
201506 17.058 100.573 20.930
201509 16.717 100.274 20.573
201512 16.971 99.676 21.011
201603 16.124 99.676 19.962
201606 15.761 101.072 19.244
201609 25.773 100.274 31.718
201612 20.856 99.676 25.821
201703 20.667 100.374 25.409
201706 21.162 100.673 25.940
201709 22.034 100.474 27.063
201712 22.174 100.075 27.343
201803 22.537 100.573 27.653
201806 22.459 101.072 27.422
201809 22.880 101.371 27.853
201812 22.024 100.773 26.970
201903 22.310 101.670 27.080
201906 25.591 102.168 30.910
201909 25.418 102.268 30.672
201912 25.298 102.068 30.586
202003 24.311 102.367 29.307
202006 23.930 101.769 29.017
202009 24.024 101.072 29.333
202012 24.513 101.072 29.930
202103 24.693 102.367 29.768
202106 25.048 103.364 29.904
202109 24.779 104.859 29.162
202112 24.543 106.653 28.398
202203 23.770 109.245 26.851
202206 23.211 112.779 25.398
202209 23.621 113.504 25.682
202212 23.349 115.436 24.961
202303 23.160 117.609 24.301
202306 23.995 119.662 24.746
202309 24.318 120.749 24.853
202312 24.503 120.749 25.042
202403 23.243 120.990 23.707
202406 23.904 122.318 24.116
202409 24.285 121.594 24.647
202412 24.069 122.439 24.259
202503 24.018 123.405 24.018

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.


Johnson Controls International  (LTS:0Y7S) 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.


Johnson Controls International Cyclically Adjusted PB Ratio Related Terms

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


Johnson Controls International Business Description

Traded in Other Exchanges
Address
One Albert Quay, Cork, IRL, T12 X8N6
Johnson Controls manufactures, installs, and services commercial HVAC systems, building management platforms and controls, fire and security solutions, and industrial refrigeration units. Commercial HVAC and fire and security each account for approximately 45% of sales, while industrial refrigeration and other solutions account for the remaining 10% of revenue. In fiscal 2024, Johnson Controls generated nearly $23 billion in pro forma revenue.

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