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Zebra Technologies (MEX:ZBRA) Cyclically Adjusted PB Ratio : 7.97 (As of Jun. 21, 2024)


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What is Zebra Technologies Cyclically Adjusted PB Ratio?

As of today (2024-06-21), Zebra Technologies's current share price is MXN4751.42. Zebra Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN596.29. Zebra Technologies's Cyclically Adjusted PB Ratio for today is 7.97.

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

MEX:ZBRA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.92   Med: 8   Max: 24.21
Current: 7.84

During the past years, Zebra Technologies's highest Cyclically Adjusted PB Ratio was 24.21. The lowest was 2.92. And the median was 8.00.

MEX:ZBRA's Cyclically Adjusted PB Ratio is ranked worse than
93.53% of 1902 companies
in the Hardware industry
Industry Median: 1.67 vs MEX:ZBRA: 7.84

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.

Zebra Technologies's adjusted book value per share data for the three months ended in Mar. 2024 was MXN1,023.220. 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 MXN596.29 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Zebra Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Zebra Technologies'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.

Zebra Technologies Cyclically Adjusted PB Ratio Chart

Zebra Technologies 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 13.04 17.53 22.15 8.07 7.53

Zebra Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 9.59 8.60 6.65 7.53 7.97

Competitive Comparison of Zebra Technologies's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Zebra Technologies'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.


Zebra Technologies's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Zebra Technologies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Zebra Technologies 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.

Zebra Technologies's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4751.42/596.29
=7.97

* 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.

Zebra Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Zebra Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1023.22/131.7762*131.7762
=1,023.220

Current CPI (Mar. 2024) = 131.7762.

Zebra Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 267.839 100.560 350.984
201409 283.957 100.428 372.594
201412 296.974 99.070 395.016
201503 301.782 99.621 399.189
201506 286.709 100.684 375.248
201509 296.380 100.392 389.035
201512 294.375 99.792 388.723
201603 289.403 100.470 379.579
201606 291.194 101.688 377.354
201609 273.836 101.861 354.258
201612 308.760 101.863 399.432
201703 283.750 102.862 363.511
201706 278.228 103.349 354.757
201709 277.726 104.136 351.443
201712 307.674 104.011 389.806
201803 333.774 105.290 417.738
201806 392.683 106.317 486.718
201809 421.711 106.507 521.765
201812 486.581 105.998 604.916
201903 527.216 107.251 647.778
201906 553.463 108.070 674.874
201909 618.774 108.329 752.701
201912 642.253 108.420 780.609
202003 763.106 108.902 923.396
202006 780.469 108.767 945.571
202009 800.355 109.815 960.414
202012 797.732 109.897 956.553
202103 921.007 111.754 1,086.014
202106 965.046 114.631 1,109.383
202109 1,083.221 115.734 1,233.366
202112 1,145.997 117.630 1,283.820
202203 1,096.175 121.301 1,190.837
202206 973.083 125.017 1,025.696
202209 1,031.455 125.227 1,085.403
202212 1,035.588 125.222 1,089.793
202303 1,013.326 127.348 1,048.563
202306 999.253 128.729 1,022.909
202309 1,021.882 129.860 1,036.965
202312 1,003.015 129.419 1,021.280
202403 1,023.220 131.776 1,023.220

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.


Zebra Technologies  (MEX:ZBRA) 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.


Zebra Technologies Cyclically Adjusted PB Ratio Related Terms

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


Zebra Technologies (MEX:ZBRA) Business Description

Traded in Other Exchanges
Address
3 Overlook Point, Lincolnshire, IL, USA, 60069
Zebra Technologies is a leading provider of automatic identification and data capture technology to enterprises. Its solutions include barcode printers and scanners, mobile computers, and workflow optimization software. The firm primarily serves the retail, transportation logistics, manufacturing, and healthcare markets, designing custom solutions to improve efficiency at its customers.