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B&C Speakers SpA (MIL:BEC) Cyclically Adjusted PB Ratio : 5.70 (As of Sep. 27, 2024)


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What is B&C Speakers SpA Cyclically Adjusted PB Ratio?

As of today (2024-09-27), B&C Speakers SpA's current share price is €15.15. B&C Speakers SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €2.66. B&C Speakers SpA's Cyclically Adjusted PB Ratio for today is 5.70.

The historical rank and industry rank for B&C Speakers SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:BEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.43   Med: 5.08   Max: 7.46
Current: 5.62

During the past years, B&C Speakers SpA's highest Cyclically Adjusted PB Ratio was 7.46. The lowest was 3.43. And the median was 5.08.

MIL:BEC's Cyclically Adjusted PB Ratio is ranked worse than
89.66% of 1663 companies
in the Hardware industry
Industry Median: 1.76 vs MIL:BEC: 5.62

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.

B&C Speakers SpA's adjusted book value per share data for the three months ended in Jun. 2024 was €4.575. 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 €2.66 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B&C Speakers SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for B&C Speakers SpA'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.

B&C Speakers SpA Cyclically Adjusted PB Ratio Chart

B&C Speakers SpA 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 6.31 4.40 5.35 4.15 7.32

B&C Speakers SpA 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 5.08 6.54 7.32 6.82 5.75

Competitive Comparison of B&C Speakers SpA's Cyclically Adjusted PB Ratio

For the Consumer Electronics subindustry, B&C Speakers SpA'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.


B&C Speakers SpA's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, B&C Speakers SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B&C Speakers SpA's Cyclically Adjusted PB Ratio falls into.



B&C Speakers SpA 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.

B&C Speakers SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.15/2.66
=5.70

* 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.

B&C Speakers SpA's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, B&C Speakers SpA'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)
=4.575/120.7000*120.7000
=4.575

Current CPI (Jun. 2024) = 120.7000.

B&C Speakers SpA Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.507 99.814 1.822
201412 1.601 99.721 1.938
201503 1.682 99.814 2.034
201506 1.520 100.279 1.830
201509 1.565 100.000 1.889
201512 1.683 99.814 2.035
201603 1.792 99.600 2.172
201606 1.568 99.900 1.894
201609 1.682 100.100 2.028
201612 2.001 100.300 2.408
201703 2.137 101.000 2.554
201706 1.277 101.100 1.525
201709 1.502 101.200 1.791
201712 1.621 101.200 1.933
201803 1.756 101.800 2.082
201806 1.520 102.400 1.792
201809 1.740 102.600 2.047
201812 2.064 102.300 2.435
201903 2.264 102.800 2.658
201906 1.941 103.100 2.272
201909 2.201 102.900 2.582
201912 2.333 102.800 2.739
202003 2.331 102.900 2.734
202006 2.354 102.900 2.761
202009 2.402 102.300 2.834
202012 2.408 102.600 2.833
202103 2.497 103.700 2.906
202106 2.355 104.200 2.728
202109 2.481 104.900 2.855
202112 2.608 106.600 2.953
202203 2.800 110.400 3.061
202206 2.702 112.500 2.899
202209 3.020 114.200 3.192
202212 3.385 119.000 3.433
202303 3.755 118.800 3.815
202306 3.533 119.700 3.563
202309 4.081 120.300 4.095
202312 4.202 119.700 4.237
202403 4.478 120.200 4.497
202406 4.575 120.700 4.575

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.


B&C Speakers SpA  (MIL:BEC) 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.


B&C Speakers SpA Cyclically Adjusted PB Ratio Related Terms

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


B&C Speakers SpA Business Description

Industry
Traded in Other Exchanges
Address
Via Poggiomoro 1, Localita Vallina, Bagno a Ripoli, Florence, ITA, 50012
B&C Speakers SpA is an Italy-based company. The company is engaged in the production and marketing of professional loudspeakers. The company operates in a business segment that is Acoustic Transducers. The sales and services generate maximum revenue for the company. Geographically the company exports its products to Latin America, Europe, North America, Middle East, Africa, and Asia regions. The product category of the company consists of LF FE Drivers, LF ND Drivers, HF Drivers, Coaxials, and others.

B&C Speakers SpA Headlines

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