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Amphenol (WBO:APH) Cyclically Adjusted PB Ratio : 13.31 (As of Apr. 30, 2024)


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What is Amphenol Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Amphenol's current share price is €113.54. Amphenol's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.53. Amphenol's Cyclically Adjusted PB Ratio for today is 13.31.

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

WBO:APH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.28   Med: 9.67   Max: 13.29
Current: 13.28

During the past years, Amphenol's highest Cyclically Adjusted PB Ratio was 13.29. The lowest was 6.28. And the median was 9.67.

WBO:APH's Cyclically Adjusted PB Ratio is ranked worse than
97.82% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs WBO:APH: 13.28

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.

Amphenol's adjusted book value per share data for the three months ended in Mar. 2024 was €13.277. 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 €8.53 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amphenol Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amphenol'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.

Amphenol Cyclically Adjusted PB Ratio Chart

Amphenol 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 10.18 11.16 12.74 9.57 11.04

Amphenol 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 9.88 9.94 9.53 11.04 12.54

Competitive Comparison of Amphenol's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, Amphenol'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.


Amphenol's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Amphenol's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amphenol 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.

Amphenol's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=113.54/8.53
=13.31

* 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.

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

For example, Amphenol'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)
=13.277/129.4194*129.4194
=13.277

Current CPI (Mar. 2024) = 129.4194.

Amphenol Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.489 100.560 4.490
201409 3.701 100.428 4.769
201412 3.804 99.070 4.969
201503 4.405 99.621 5.723
201506 4.417 100.684 5.678
201509 4.544 100.392 5.858
201512 4.826 99.792 6.259
201603 4.941 100.470 6.365
201606 5.095 101.688 6.484
201609 5.355 101.861 6.804
201612 5.650 101.863 7.178
201703 5.670 102.862 7.134
201706 5.650 103.349 7.075
201709 5.594 104.136 6.952
201712 5.514 104.011 6.861
201803 5.254 105.290 6.458
201806 5.371 106.317 6.538
201809 5.701 106.507 6.927
201812 5.914 105.998 7.221
201903 6.122 107.251 7.387
201906 6.176 108.070 7.396
201909 6.371 108.329 7.611
201912 6.843 108.420 8.168
202003 6.707 108.902 7.971
202006 7.053 108.767 8.392
202009 7.170 109.815 8.450
202012 7.395 109.897 8.709
202103 7.683 111.754 8.897
202106 7.940 114.631 8.964
202109 8.457 115.734 9.457
202112 9.309 117.630 10.242
202203 9.772 121.301 10.426
202206 10.273 125.017 10.635
202209 11.154 125.227 11.527
202212 11.134 125.222 11.507
202303 11.466 127.348 11.653
202306 11.636 128.729 11.698
202309 12.305 129.860 12.263
202312 12.780 129.419 12.780
202403 13.277 129.419 13.277

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.


Amphenol  (WBO:APH) 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.


Amphenol Cyclically Adjusted PB Ratio Related Terms

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


Amphenol (WBO:APH) Business Description

Industry
Traded in Other Exchanges
Address
358 Hall Avenue, Wallingford, CT, USA, 06492
Amphenol is a global supplier of connectors, sensors, and interconnect systems. Amphenol holds the second-largest connector market share globally and sells into the end markets of automotive, broadband, commercial air, industrial, IT and data communications, military, mobile devices, and mobile networks. Amphenol is diversified geographically, with operations in 40 countries.

Amphenol (WBO:APH) Headlines

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