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SIFCO Industries (SIFCO Industries) Cyclically Adjusted PB Ratio : 0.28 (As of May. 14, 2024)


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What is SIFCO Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-14), SIFCO Industries's current share price is $3.16. SIFCO Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $11.46. SIFCO Industries's Cyclically Adjusted PB Ratio for today is 0.28.

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

SIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 0.57   Max: 3.95
Current: 0.27

During the past years, SIFCO Industries's highest Cyclically Adjusted PB Ratio was 3.95. The lowest was 0.17. And the median was 0.57.

SIF's Cyclically Adjusted PB Ratio is ranked better than
92.65% of 204 companies
in the Aerospace & Defense industry
Industry Median: 2.49 vs SIF: 0.27

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.

SIFCO Industries's adjusted book value per share data for the three months ended in Sep. 2023 was $5.624. 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 $11.46 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SIFCO Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SIFCO Industries'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.

SIFCO Industries Cyclically Adjusted PB Ratio Chart

SIFCO Industries Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.23 0.32 0.73 0.25 0.32

SIFCO Industries Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.25 0.18 0.25 0.21 0.32

Competitive Comparison of SIFCO Industries's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, SIFCO Industries'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.


SIFCO Industries's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, SIFCO Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SIFCO Industries 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.

SIFCO Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.16/11.46
=0.28

* 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.

SIFCO Industries's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, SIFCO Industries's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.624/129.8595*129.8595
=5.624

Current CPI (Sep. 2023) = 129.8595.

SIFCO Industries Quarterly Data

Book Value per Share CPI Adj_Book
201312 13.616 98.326 17.983
201403 13.855 99.695 18.047
201406 14.308 100.560 18.477
201409 14.064 100.428 18.186
201412 13.936 99.070 18.267
201503 13.910 99.621 18.132
201506 13.821 100.684 17.826
201509 13.363 100.392 17.285
201512 12.928 99.792 16.823
201603 12.852 100.470 16.611
201606 12.610 101.688 16.103
201609 10.927 101.861 13.931
201612 10.330 101.863 13.169
201703 10.021 102.862 12.651
201706 9.181 103.349 11.536
201709 8.958 104.136 11.171
201712 8.839 104.011 11.036
201803 8.539 105.290 10.532
201806 8.146 106.317 9.950
201809 7.766 106.507 9.469
201812 8.093 105.998 9.915
201903 7.836 107.251 9.488
201906 6.639 108.070 7.978
201909 6.241 108.329 7.481
201912 6.015 108.420 7.204
202003 6.540 108.902 7.799
202006 6.985 108.767 8.340
202009 7.695 109.815 9.100
202012 8.246 109.897 9.744
202103 7.966 111.754 9.257
202106 8.071 114.631 9.143
202109 8.288 115.734 9.300
202112 7.659 117.630 8.455
202203 8.237 121.301 8.818
202206 7.777 125.017 8.078
202209 6.737 125.227 6.986
202212 6.352 125.222 6.587
202303 5.966 127.348 6.084
202306 5.905 128.729 5.957
202309 5.624 129.860 5.624

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.


SIFCO Industries  (AMEX:SIF) 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.


SIFCO Industries Cyclically Adjusted PB Ratio Related Terms

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


SIFCO Industries (SIFCO Industries) Business Description

Traded in Other Exchanges
N/A
Address
970 East 64th Street, Cleveland, OH, USA, 44103
SIFCO Industries Inc is engaged in the production of forgings and machined components for the Aerospace and Energy, Defense and Commercial Space markets. Its processes and services include forging, heat-treating and machining. It serves original equipment manufacturers (OEM) as well as aftermarket customers. Its products are made of steel, stainless steel, titanium and aluminium and include OEM and aftermarket components for aircraft and industrial gas turbine engines, steam turbine blades, structural airframe components, aircraft landing gear components, aircraft wheels and brakes, critical rotating components for helicopters and industrial products. Substantial revenue is derived from North America as well as operates in Europe.
Executives
Wells Norman E Jr. director PO BOX 609, AURORA OH 44202
Alayne L Reitman director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Peter William Knapper director, officer: President & CEO 5924 MEDALLION DRIVE, WESTERVILLE OH 43082
Molten Donald C Jr. director 970 EAST 64TH STREET, CLEVELAND OH 44103
Mark J Silk director, 10 percent owner 4946 AZUSA CANYON ROAD, IRWINDALE CA 91706
Hudson Smith director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Thomas Robert Kubera officer: Corporate Controller 1327 SPRUCEDALE ROAD, BROADVIEW HEIGHTS OH 44147
Jeffrey P Gotschall director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Salvatore Incanno officer: VP of Finance & CFO 970 E. 64TH ST, CLEVELAND OH 44103
John Sr Chapman director 970 EAST 64TH STREET, CLEVELAND OH 44103
Dennis Paul Hido officer: Corporate Controller 21 EMERALD COURT, CANFIELD OH 44406
Catherine Marie Kramer officer: Vice President-Finance & CFO 14388 CASTLEREAGH LANE, STRONSVILLE OH 44136
Frank N Nichols director 8646 CARDINAL DRIVE, KIRTLAND OH 44094
Frank A Cappello officer: Vice President Finance and CFO SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103
Miller P Charles Jr director SIFCO INDUSTRIES INC, 970 EAST 64TH STREET, CLEVELAND OH 44103

SIFCO Industries (SIFCO Industries) Headlines