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MSC Industrial Direct Co (STU:98M) Cyclically Adjusted PB Ratio : 3.38 (As of May. 21, 2024)


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What is MSC Industrial Direct Co Cyclically Adjusted PB Ratio?

As of today (2024-05-21), MSC Industrial Direct Co's current share price is €85.48. MSC Industrial Direct Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €25.27. MSC Industrial Direct Co's Cyclically Adjusted PB Ratio for today is 3.38.

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

STU:98M' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.12   Med: 3.85   Max: 6.4
Current: 3.37

During the past years, MSC Industrial Direct Co's highest Cyclically Adjusted PB Ratio was 6.40. The lowest was 2.12. And the median was 3.85.

STU:98M's Cyclically Adjusted PB Ratio is ranked worse than
77.24% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs STU:98M: 3.37

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.

MSC Industrial Direct Co's adjusted book value per share data for the three months ended in Feb. 2024 was €22.895. 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 €25.27 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


MSC Industrial Direct Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MSC Industrial Direct 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.

MSC Industrial Direct Co Cyclically Adjusted PB Ratio Chart

MSC Industrial Direct Co Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.06 2.85 3.45 2.99 3.73

MSC Industrial Direct Co Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 3.15 3.31 3.73 3.58 3.68

Competitive Comparison of MSC Industrial Direct Co's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, MSC Industrial Direct 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.


MSC Industrial Direct Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, MSC Industrial Direct Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where MSC Industrial Direct Co's Cyclically Adjusted PB Ratio falls into.



MSC Industrial Direct 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.

MSC Industrial Direct Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=85.48/25.27
=3.38

* 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.

MSC Industrial Direct Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, MSC Industrial Direct Co's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=22.895/130.9299*130.9299
=22.895

Current CPI (Feb. 2024) = 130.9299.

MSC Industrial Direct Co Quarterly Data

Book Value per Share CPI Adj_Book
201405 16.609 100.373 21.665
201408 17.046 100.352 22.240
201411 16.252 99.635 21.357
201502 17.984 99.032 23.777
201505 18.891 100.333 24.652
201508 19.412 100.548 25.278
201511 20.568 100.135 26.893
201602 20.153 100.040 26.376
201605 20.433 101.355 26.395
201608 17.316 101.617 22.311
201611 18.542 101.829 23.841
201702 19.476 102.779 24.810
201705 19.434 103.256 24.643
201708 18.402 103.587 23.259
201711 19.016 104.072 23.923
201802 19.303 105.052 24.058
201805 20.931 106.148 25.818
201808 21.493 106.383 26.452
201811 21.886 106.338 26.948
201902 22.360 106.649 27.451
201905 23.458 108.048 28.426
201908 24.071 108.245 29.116
201911 24.687 108.519 29.785
202002 20.752 109.139 24.895
202005 21.364 108.175 25.858
202008 19.982 109.662 23.857
202011 16.668 109.793 19.877
202102 16.447 110.968 19.406
202105 16.920 113.576 19.505
202108 17.634 115.421 20.003
202111 18.589 117.269 20.754
202202 19.312 119.703 21.123
202205 21.902 123.323 23.253
202208 23.856 124.958 24.996
202211 24.298 125.607 25.328
202302 23.737 126.928 24.485
202305 24.444 128.314 24.942
202308 24.440 129.538 24.703
202311 22.688 129.548 22.930
202402 22.895 130.930 22.895

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.


MSC Industrial Direct Co  (STU:98M) 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.


MSC Industrial Direct Co Cyclically Adjusted PB Ratio Related Terms

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


MSC Industrial Direct Co (STU:98M) Business Description

Traded in Other Exchanges
Address
515 Broadhollow Road, Suite 1000, Melville, NY, USA, 11747
MSC Industrial Direct is one of the largest industrial distributors with a focus on metalworking and maintenance, repair, and operations products and services. The company offers over 2 million products through its distribution network, which has 11 fulfillment centers. Although MSC has a presence in Canada, Mexico, and the United Kingdom, it primarily operates in the United States. In fiscal 2023, 95% of the firm's $4.0 billion of sales was generated in the U.S.

MSC Industrial Direct Co (STU:98M) Headlines

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