GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Signify NV (OTCPK:PHPPY) » Definitions » Cyclically Adjusted PB Ratio

PHPPY (Signify NV) Cyclically Adjusted PB Ratio : 0.85 (As of Jan. 19, 2025)


View and export this data going back to 2017. Start your Free Trial

What is Signify NV Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Signify NV's current share price is $11.10. Signify NV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $13.03. Signify NV's Cyclically Adjusted PB Ratio for today is 0.85.

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

PHPPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.91   Med: 0.96   Max: 1.11
Current: 0.92

During the past years, Signify NV's highest Cyclically Adjusted PB Ratio was 1.11. The lowest was 0.91. And the median was 0.96.

PHPPY's Cyclically Adjusted PB Ratio is ranked better than
77.1% of 2022 companies
in the Industrial Products industry
Industry Median: 2 vs PHPPY: 0.92

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.

Signify NV's adjusted book value per share data for the three months ended in Sep. 2024 was $12.308. 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 $13.03 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Signify NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Signify NV'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.

Signify NV Cyclically Adjusted PB Ratio Chart

Signify NV 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 - - - - -

Signify NV Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - - 1.04 0.94

Competitive Comparison of Signify NV's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, Signify NV'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.


Signify NV's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Signify NV 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.

Signify NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.10/13.03
=0.85

* 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.

Signify NV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Signify NV's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=12.308/131.6100*131.6100
=12.308

Current CPI (Sep. 2024) = 131.6100.

Signify NV Quarterly Data

Book Value per Share CPI Adj_Book
201412 14.365 99.050 19.087
201503 0.000 99.750 0.000
201506 0.000 100.230 0.000
201509 0.000 100.500 0.000
201512 12.756 99.730 16.834
201603 11.177 100.310 14.665
201606 9.206 100.260 12.085
201609 9.285 100.570 12.151
201612 9.508 100.710 12.425
201703 9.437 101.440 12.244
201706 9.093 101.370 11.806
201709 9.853 102.030 12.710
201712 9.528 101.970 12.298
201803 9.443 102.470 12.128
201806 8.849 103.100 11.296
201809 8.847 103.950 11.201
201812 9.203 103.970 11.650
201903 9.548 105.370 11.926
201906 8.879 105.840 11.041
201909 9.271 106.700 11.435
201912 9.621 106.800 11.856
202003 9.621 106.850 11.850
202006 9.850 107.510 12.058
202009 10.156 107.880 12.390
202012 10.632 107.850 12.974
202103 11.145 108.870 13.473
202106 9.808 109.670 11.770
202109 10.196 110.790 12.112
202112 11.118 114.010 12.834
202203 11.426 119.460 12.588
202206 11.840 119.050 13.089
202209 12.443 126.890 12.906
202212 12.349 124.940 13.008
202303 12.426 124.720 13.112
202306 11.752 125.830 12.292
202309 12.420 127.160 12.855
202312 12.160 126.450 12.656
202403 12.747 128.580 13.047
202406 12.133 129.910 12.292
202409 12.308 131.610 12.308

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.


Signify NV  (OTCPK:PHPPY) 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.


Signify NV Cyclically Adjusted PB Ratio Related Terms

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


Signify NV Business Description

Address
High Tech Campus 48, Eindhoven, NLD, 5656 AE
Signify NV is a lighting solutions provider based in the Netherlands. Its product portfolio includes luminaires, lamps, LED lamps, LED tubes, and decorative lighting. The company operates through three segments, with the Digital Solutions segment being the largest. Signify generates most of its revenues from this segment and operates mainly in Europe, the Americas, and other international markets.

Signify NV Headlines

From GuruFocus

Q2 2022 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2020 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2021 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q3 2022 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Signify NV Annual Shareholders Meeting Transcript

By GuruFocus Research 02-14-2024

Q2 2024 Signify NV Earnings Call Transcript

By GuruFocus Research 07-27-2024

Q1 2022 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q4 2021 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q2 2023 Signify NV Earnings Call Transcript

By GuruFocus Research 02-14-2024

Q1 2024 Signify NV Earnings Call Transcript

By GuruFocus Research 04-27-2024