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Koninklijke Philips NV (XTER:PHI1) Cyclically Adjusted PB Ratio : 1.36 (As of May. 29, 2025)


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What is Koninklijke Philips NV Cyclically Adjusted PB Ratio?

As of today (2025-05-29), Koninklijke Philips NV's current share price is €20.29. Koninklijke Philips NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €14.89. Koninklijke Philips NV's Cyclically Adjusted PB Ratio for today is 1.36.

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

XTER:PHI1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.81   Max: 3.55
Current: 1.36

During the past years, Koninklijke Philips NV's highest Cyclically Adjusted PB Ratio was 3.55. The lowest was 0.96. And the median was 1.81.

XTER:PHI1's Cyclically Adjusted PB Ratio is ranked better than
62.3% of 496 companies
in the Medical Devices & Instruments industry
Industry Median: 1.815 vs XTER:PHI1: 1.36

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.

Koninklijke Philips NV's adjusted book value per share data for the three months ended in Mar. 2025 was €12.644. 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 €14.89 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Philips NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koninklijke Philips NV'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.

Koninklijke Philips NV Cyclically Adjusted PB Ratio Chart

Koninklijke Philips NV Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.23 2.33 0.91 1.42 1.65

Koninklijke Philips NV Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - 1.60 1.98 1.65 1.57

Competitive Comparison of Koninklijke Philips NV's Cyclically Adjusted PB Ratio

For the Medical Devices subindustry, Koninklijke Philips NV'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.


Koninklijke Philips NV's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Koninklijke Philips NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Koninklijke Philips NV 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.

Koninklijke Philips NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.29/14.89
=1.36

* 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.

Koninklijke Philips NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Koninklijke Philips NV's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.644/133.3300*133.3300
=12.644

Current CPI (Mar. 2025) = 133.3300.

Koninklijke Philips NV Quarterly Data

Book Value per Share CPI Adj_Book
201506 11.174 100.230 14.864
201509 11.273 100.500 14.956
201512 11.536 99.730 15.423
201603 11.207 100.310 14.896
201606 11.239 100.260 14.946
201609 11.406 100.570 15.121
201612 12.339 100.710 16.336
201703 12.518 101.440 16.453
201706 11.856 101.370 15.594
201709 11.051 102.030 14.441
201712 11.753 101.970 15.368
201803 0.000 102.470 0.000
201806 11.375 103.100 14.710
201809 0.000 103.950 0.000
201812 11.996 103.970 15.384
201903 0.000 105.370 0.000
201906 11.967 105.840 15.075
201909 0.000 106.700 0.000
201912 12.827 106.800 16.013
202003 0.000 106.850 0.000
202006 11.374 107.510 14.106
202009 0.000 107.880 0.000
202012 12.139 107.850 15.007
202103 0.000 108.870 0.000
202106 12.121 109.670 14.736
202109 0.000 110.790 0.000
202112 15.359 114.010 17.962
202203 0.000 119.460 0.000
202206 15.328 119.050 17.167
202209 0.000 126.890 0.000
202212 13.912 124.940 14.846
202303 0.000 124.720 0.000
202306 12.744 125.830 13.504
202309 0.000 127.160 0.000
202312 12.832 126.450 13.530
202403 0.000 128.580 0.000
202406 12.722 129.910 13.057
202409 12.753 131.610 12.920
202412 12.979 131.630 13.147
202503 12.644 133.330 12.644

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.


Koninklijke Philips NV  (XTER:PHI1) 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.


Koninklijke Philips NV Cyclically Adjusted PB Ratio Related Terms

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


Koninklijke Philips NV Business Description

Address
Philips Center, Amstelplein 2, Amsterdam, NLD, 1096 BC
Koninklijke Philips is a diversified global healthcare company operating in three segments: diagnosis and treatment, connected care, and personal health. Nearly 50% of the company's revenue comes from the diagnosis and treatment segment, which features imaging systems, ultrasound equipment, and image-guided therapy solutions. The connected care segment (around 30% of revenue) encompasses monitoring and analytics systems for hospitals, informatics business, and also houses the sleep and respiratory care segment. Personal health business (remainder of revenue) is mainly oral health and personal care product lines, which include electric toothbrushes and men's grooming and personal care products.

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