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Crane Co (STU:CZN) Cyclically Adjusted PB Ratio : 5.02 (As of May. 23, 2024)


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What is Crane Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Crane Co's current share price is €135.00. Crane Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.89. Crane Co's Cyclically Adjusted PB Ratio for today is 5.02.

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

STU:CZN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.56   Max: 5.01
Current: 5.01

During the past years, Crane Co's highest Cyclically Adjusted PB Ratio was 5.01. The lowest was 1.20. And the median was 2.56.

STU:CZN's Cyclically Adjusted PB Ratio is ranked worse than
84.22% of 2072 companies
in the Industrial Products industry
Industry Median: 1.84 vs STU:CZN: 5.01

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.

Crane Co's adjusted book value per share data for the three months ended in Mar. 2024 was €22.626. 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 €26.89 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crane Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crane 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.

Crane Co Cyclically Adjusted PB Ratio Chart

Crane Co 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 2.58 2.22 2.62 2.33 4.06

Crane 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 2.56 3.06 3.03 4.06 4.57

Competitive Comparison of Crane Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Crane 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.


Crane Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Crane 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=135.00/26.89
=5.02

* 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.

Crane Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Crane Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=22.626/131.7762*131.7762
=22.626

Current CPI (Mar. 2024) = 131.7762.

Crane Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.417 100.560 21.513
201409 16.591 100.428 21.770
201412 14.788 99.070 19.670
201503 16.115 99.621 21.317
201506 16.590 100.684 21.713
201509 16.871 100.392 22.145
201512 18.000 99.792 23.769
201603 18.688 100.470 24.511
201606 19.178 101.688 24.853
201609 20.023 101.861 25.903
201612 18.229 101.863 23.582
201703 19.345 102.862 24.783
201706 19.700 103.349 25.119
201709 19.424 104.136 24.580
201712 19.133 104.011 24.240
201803 19.585 105.290 24.512
201806 20.740 106.317 25.707
201809 21.899 106.507 27.095
201812 22.514 105.998 27.989
201903 23.505 107.251 28.880
201906 24.683 108.070 30.098
201909 25.698 108.329 31.260
201912 22.479 108.420 27.321
202003 21.934 108.902 26.541
202006 21.748 108.767 26.349
202009 22.011 109.815 26.413
202012 21.621 109.897 25.926
202103 22.951 111.754 27.063
202106 24.425 114.631 28.078
202109 26.171 115.734 29.799
202112 28.038 117.630 31.410
202203 27.790 121.301 30.190
202206 31.399 125.017 33.097
202209 30.735 125.227 32.343
202212 31.867 125.222 33.535
202303 33.181 127.348 34.335
202306 20.088 128.729 20.564
202309 21.184 129.860 21.497
202312 21.875 129.419 22.273
202403 22.626 131.776 22.626

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.


Crane Co  (STU:CZN) 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.


Crane Co Cyclically Adjusted PB Ratio Related Terms

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


Crane Co (STU:CZN) Business Description

Industry
Traded in Other Exchanges
Address
100 First Stamford Place, Stamford, CT, USA, 06902
Crane is a diversified industrial firm that manufactures a broad range of products, including valves, pumps, aerospace components, and fiberglass-reinforced plastic panels. Its business is organized into three segments: aerospace and electronics, process flow technologies, and engineered materials. Crane generated approximately $2 billion in revenue in 2022.

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