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3D Systems (MIL:1DDD) Cyclically Adjusted PB Ratio : 0.35 (As of Sep. 22, 2024)


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What is 3D Systems Cyclically Adjusted PB Ratio?

As of today (2024-09-22), 3D Systems's current share price is €2.322. 3D Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €6.65. 3D Systems's Cyclically Adjusted PB Ratio for today is 0.35.

The historical rank and industry rank for 3D Systems's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:1DDD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.27   Med: 1.99   Max: 14.91
Current: 0.37

During the past years, 3D Systems's highest Cyclically Adjusted PB Ratio was 14.91. The lowest was 0.27. And the median was 1.99.

MIL:1DDD's Cyclically Adjusted PB Ratio is ranked better than
90.93% of 1664 companies
in the Hardware industry
Industry Median: 1.74 vs MIL:1DDD: 0.37

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.

3D Systems's adjusted book value per share data for the three months ended in Jun. 2024 was €2.655. 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 €6.65 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


3D Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 3D Systems'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.

3D Systems Cyclically Adjusted PB Ratio Chart

3D Systems 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 1.37 1.58 2.97 0.96 0.86

3D Systems Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 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 1.28 0.64 0.86 0.61 0.44

Competitive Comparison of 3D Systems's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, 3D Systems'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.


3D Systems's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, 3D Systems's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 3D Systems's Cyclically Adjusted PB Ratio falls into.



3D Systems 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.

3D Systems's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.322/6.65
=0.35

* 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.

3D Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, 3D Systems'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)
=2.655/132.5538*132.5538
=2.655

Current CPI (Jun. 2024) = 132.5538.

3D Systems Quarterly Data

Book Value per Share CPI Adj_Book
201409 9.086 100.428 11.993
201412 9.402 99.070 12.580
201503 10.491 99.621 13.959
201506 10.197 100.684 13.425
201509 9.931 100.392 13.113
201512 5.365 99.792 7.126
201603 5.267 100.470 6.949
201606 5.176 101.688 6.747
201609 5.085 101.861 6.617
201612 5.256 101.863 6.840
201703 5.238 102.862 6.750
201706 5.063 103.349 6.494
201709 4.553 104.136 5.795
201712 4.555 104.011 5.805
201803 4.324 105.290 5.444
201806 4.403 106.317 5.490
201809 4.301 106.507 5.353
201812 4.394 105.998 5.495
201903 4.241 107.251 5.242
201906 4.049 108.070 4.966
201909 3.981 108.329 4.871
201912 3.996 108.420 4.885
202003 3.753 108.902 4.568
202006 3.438 108.767 4.190
202009 2.929 109.815 3.535
202012 2.852 109.897 3.440
202103 3.108 111.754 3.686
202106 3.094 114.631 3.578
202109 5.089 115.734 5.829
202112 5.807 117.630 6.544
202203 5.759 121.301 6.293
202206 5.689 125.017 6.032
202209 5.686 125.227 6.019
202212 5.396 125.222 5.712
202303 5.196 127.348 5.408
202306 4.916 128.729 5.062
202309 4.907 129.860 5.009
202312 2.929 129.419 3.000
202403 2.808 131.776 2.825
202406 2.655 132.554 2.655

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.


3D Systems  (MIL:1DDD) 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.


3D Systems Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of 3D Systems's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


3D Systems Business Description

Industry
Address
333 Three D Systems Circle, Rock Hill, SC, USA, 29730
3D Systems Corp provides comprehensive 3D printing and digital manufacturing solutions, including 3D printers for plastics and metals, materials, software, on-demand manufacturing services, and digital design tools. The company's segments include Healthcare Solutions and Industrial Solutions. It generates maximum revenue from the Industrial segment. It conducts business through various offices and facilities located throughout the Americas, EMEA, and APAC; generating a vast majority of revenues from the Americas.

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