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Sturm Ruger (STU:ST2) Cyclically Adjusted PB Ratio : 2.35 (As of Jun. 13, 2024)


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What is Sturm Ruger Cyclically Adjusted PB Ratio?

As of today (2024-06-13), Sturm Ruger's current share price is €39.80. Sturm Ruger's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.95. Sturm Ruger's Cyclically Adjusted PB Ratio for today is 2.35.

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

STU:ST2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.34   Med: 5.83   Max: 14.01
Current: 2.34

During the past years, Sturm Ruger's highest Cyclically Adjusted PB Ratio was 14.01. The lowest was 2.34. And the median was 5.83.

STU:ST2's Cyclically Adjusted PB Ratio is ranked worse than
50.24% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.35 vs STU:ST2: 2.34

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.

Sturm Ruger's adjusted book value per share data for the three months ended in Mar. 2024 was €17.551. 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 €16.95 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sturm Ruger Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sturm Ruger'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.

Sturm Ruger Cyclically Adjusted PB Ratio Chart

Sturm Ruger 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 4.15 5.24 4.74 3.09 2.55

Sturm Ruger 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 3.39 3.05 2.94 2.55 2.52

Competitive Comparison of Sturm Ruger's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, Sturm Ruger'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.


Sturm Ruger's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

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

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



Sturm Ruger 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.

Sturm Ruger's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.80/16.95
=2.35

* 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.

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

For example, Sturm Ruger'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)
=17.551/131.7762*131.7762
=17.551

Current CPI (Mar. 2024) = 131.7762.

Sturm Ruger Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.850 100.560 10.287
201409 8.241 100.428 10.813
201412 8.027 99.070 10.677
201503 9.661 99.621 12.779
201506 9.909 100.684 12.969
201509 10.202 100.392 13.391
201512 11.172 99.792 14.753
201603 11.354 100.470 14.892
201606 11.954 101.688 15.491
201609 12.498 101.861 16.168
201612 13.488 101.863 17.449
201703 11.911 102.862 15.259
201706 11.460 103.349 14.612
201709 10.713 104.136 13.557
201712 11.159 104.011 14.138
201803 11.089 105.290 13.879
201806 12.230 106.317 15.159
201809 12.476 106.507 15.436
201812 13.304 105.998 16.539
201903 13.886 107.251 17.061
201906 13.961 108.070 17.024
201909 14.454 108.329 17.582
201912 14.722 108.420 17.893
202003 15.416 108.902 18.654
202006 15.813 108.767 19.158
202009 11.708 109.815 14.049
202012 12.436 109.897 14.912
202103 13.781 111.754 16.250
202106 15.053 114.631 17.304
202109 16.330 115.734 18.593
202112 18.290 117.630 20.490
202203 19.488 121.301 21.171
202206 20.718 125.017 21.838
202209 22.783 125.227 23.975
202212 16.927 125.222 17.813
202303 16.987 127.348 17.578
202306 17.352 128.729 17.763
202309 17.728 129.860 17.990
202312 17.423 129.419 17.740
202403 17.551 131.776 17.551

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.


Sturm Ruger  (STU:ST2) 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.


Sturm Ruger Cyclically Adjusted PB Ratio Related Terms

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


Sturm Ruger (STU:ST2) Business Description

Traded in Other Exchanges
Address
1 Lacey Place, Southport, CT, USA, 06890
Sturm Ruger & Co Inc and its subsidiary are principally engaged in the design, manufacture, and sale of firearms to domestic customers. The company's design and manufacturing operations are in the United States and almost all product content is domestic. The company primarily offers products in three industry product categories namely rifles, pistols, and revolvers. The company's firearms are sold through independent wholesale distributors, principally to the commercial sporting market. It also manufactures and sells investment castings made from steel alloys and metal injection molding parts for internal use in the firearms segment and has minimal sales to outside customers.

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