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Stanley Electric Co (Stanley Electric Co) Cyclically Adjusted PB Ratio : 1.15 (As of May. 19, 2024)


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What is Stanley Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-05-19), Stanley Electric Co's current share price is $18.28. Stanley Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.96. Stanley Electric Co's Cyclically Adjusted PB Ratio for today is 1.15.

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

STAEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.6   Max: 3.2
Current: 1.23

During the past years, Stanley Electric Co's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 1.02. And the median was 1.60.

STAEF's Cyclically Adjusted PB Ratio is ranked better than
52.37% of 928 companies
in the Vehicles & Parts industry
Industry Median: 1.265 vs STAEF: 1.23

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.

Stanley Electric Co's adjusted book value per share data for the three months ended in Dec. 2023 was $21.128. 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 $15.96 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stanley Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stanley Electric Co'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.

Stanley Electric Co Cyclically Adjusted PB Ratio Chart

Stanley Electric Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.80 1.17 1.33 -

Stanley Electric Co 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 1.33 1.28 1.02 1.12 -

Competitive Comparison of Stanley Electric Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Stanley Electric Co'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.


Stanley Electric Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stanley Electric Co's Cyclically Adjusted PB Ratio falls into.



Stanley Electric Co 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.

Stanley Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.28/15.96
=1.15

* 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.

Stanley Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Stanley Electric Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=21.128/106.8000*106.8000
=21.128

Current CPI (Dec. 2023) = 106.8000.

Stanley Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 14.960 95.700 16.695
201406 15.144 98.000 16.504
201409 15.352 98.500 16.646
201412 14.454 97.900 15.768
201503 14.959 97.900 16.319
201506 14.746 98.400 16.005
201509 14.836 98.500 16.086
201512 14.952 98.100 16.278
201603 15.593 97.900 17.011
201606 15.806 98.100 17.208
201609 16.886 98.000 18.402
201612 16.175 98.400 17.556
201703 16.966 98.100 18.471
201706 17.520 98.500 18.996
201709 18.294 98.800 19.775
201712 18.540 99.400 19.920
201803 19.731 99.200 21.243
201806 19.309 99.200 20.788
201809 19.652 99.900 21.009
201812 19.465 99.700 20.851
201903 20.354 99.700 21.803
201906 21.004 99.800 22.477
201909 21.269 100.100 22.693
201912 21.484 100.500 22.831
202003 20.591 100.300 21.925
202006 20.598 99.900 22.021
202009 21.193 99.900 22.657
202012 22.189 99.300 23.865
202103 22.896 99.900 24.477
202106 22.993 99.500 24.680
202109 23.075 100.100 24.619
202112 22.762 100.100 24.286
202203 22.929 101.100 24.222
202206 21.118 101.800 22.155
202209 20.229 103.100 20.955
202212 20.479 104.100 21.010
202303 21.529 104.400 22.024
202306 21.356 105.200 21.681
202309 21.101 106.200 21.220
202312 21.128 106.800 21.128

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.


Stanley Electric Co  (OTCPK:STAEF) 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.


Stanley Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Stanley Electric Co (Stanley Electric Co) Business Description

Traded in Other Exchanges
Address
2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636
Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.

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