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Luxfer Holdings (Luxfer Holdings) Cyclically Adjusted PB Ratio : 1.15 (As of May. 01, 2024)


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What is Luxfer Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Luxfer Holdings's current share price is $9.63. Luxfer Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.34. Luxfer Holdings's Cyclically Adjusted PB Ratio for today is 1.15.

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

LXFR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.92   Med: 1.79   Max: 2.88
Current: 1.19

During the past years, Luxfer Holdings's highest Cyclically Adjusted PB Ratio was 2.88. The lowest was 0.92. And the median was 1.79.

LXFR's Cyclically Adjusted PB Ratio is ranked better than
66.63% of 2017 companies
in the Industrial Products industry
Industry Median: 1.77 vs LXFR: 1.19

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.

Luxfer Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $7.923. 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 $8.34 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Luxfer Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luxfer Holdings'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.

Luxfer Holdings Cyclically Adjusted PB Ratio Chart

Luxfer Holdings 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 2.42 2.08 2.27 1.54 1.07

Luxfer Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.54 1.90 1.62 1.51 1.07

Competitive Comparison of Luxfer Holdings's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Luxfer Holdings'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.


Luxfer Holdings's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Luxfer Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Luxfer Holdings 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.

Luxfer Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.63/8.34
=1.15

* 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.

Luxfer Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Luxfer Holdings's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=7.923/129.4194*129.4194
=7.923

Current CPI (Dec. 2023) = 129.4194.

Luxfer Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.186 99.695 18.416
201406 14.835 100.560 19.093
201409 6.665 100.428 8.589
201412 6.507 99.070 8.500
201503 5.913 99.621 7.682
201506 6.491 100.684 8.344
201509 6.019 100.392 7.759
201512 6.305 99.792 8.177
201603 6.015 100.470 7.748
201606 5.586 101.688 7.109
201609 4.939 101.861 6.275
201612 5.372 101.863 6.825
201703 5.811 102.862 7.311
201706 6.235 103.349 7.808
201709 6.509 104.136 8.089
201712 6.584 104.011 8.192
201803 6.240 105.290 7.670
201806 6.803 106.317 8.281
201809 7.426 106.507 9.024
201812 6.826 105.998 8.334
201903 6.611 107.251 7.978
201906 6.502 108.070 7.787
201909 6.537 108.329 7.810
201912 6.358 108.420 7.589
202003 6.174 108.902 7.337
202006 6.275 108.767 7.466
202009 6.397 109.815 7.539
202012 6.046 109.897 7.120
202103 6.431 111.754 7.448
202106 6.782 114.631 7.657
202109 6.739 115.734 7.536
202112 7.595 117.630 8.356
202203 7.514 121.301 8.017
202206 7.495 125.017 7.759
202209 7.178 125.227 7.418
202212 7.696 125.222 7.954
202303 7.946 127.348 8.075
202306 7.993 128.729 8.036
202309 7.644 129.860 7.618
202312 7.923 129.419 7.923

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.


Luxfer Holdings  (NYSE:LXFR) 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.


Luxfer Holdings Cyclically Adjusted PB Ratio Related Terms

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


Luxfer Holdings (Luxfer Holdings) Business Description

Traded in Other Exchanges
Address
8989 North Port Washington Road, Suite 211, Milwaukee, WI, USA, 53217
Luxfer Holdings PLC is a global manufacturer of highly-engineered industrial materials which focuses on value creation by using its broad array of technical know-how and proprietary technologies. Its high-performance materials, components and high-pressure gas containment devices are used in defense and emergency response, healthcare, transportation and general industrial applications. It focuses primarily on product lines related to magnesium alloys, zirconium chemicals and carbon composites. Its product areas, include magnesium aerospace alloys, photo-engraving plates, zirconium chemicals for automotive catalytic converters and high-pressure composite cylinders for breathing applications and a wide variety of other uses. Its segments are Elektron and Gas Cylinders.
Executives
Stephen Webster officer: Group Financial Controller LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Andrew Butcher officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Patrick K Mullen director LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Howard Ioan Mead officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Mark James Lawday officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Richard J Hipple director 10035 HUNTING DRIVE, BRECKSVILLE OH 44141
Sylvia Ann Stein director 1500 DEKOVEN AVE., RACINE WI 53403
Jeffrey C. Moorefield officer: See Remarks C/O LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Lisa G Trimberger director C/O CORPORATE OFFICE PROPERTIES TRUST, 6711 COLUMBIA GATEWAY DRIVE, SUITE 300, COLUMBIA MD 21046
Mark Chivers officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
David Landless director 8310 S. VALLEY HWY, SUITE 350, DENVER CO 80112
Graham Wardlow officer: See Remarks LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
James Gardella officer: President, Luxfer Magtech LUXFER HOLDINGS PLC, LUMNS LANE, MANCHESTER X0 M27 8LN
Megan Elizabeth Glise officer: Associate General Counsel LUMNS LANE, MANCHESTER X0 M27 8LN
Alok Maskara director, officer: Chief Executive Officer 2140 LAKE PARK BLVD, RICHARDSON TX 75080

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