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Ansell (Ansell) Cyclically Adjusted PB Ratio : 1.46 (As of Apr. 28, 2024)


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What is Ansell Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Ansell's current share price is $15.05. Ansell's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $10.32. Ansell's Cyclically Adjusted PB Ratio for today is 1.46.

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

ANSLF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 3.26   Max: 5.19
Current: 1.62

During the past 13 years, Ansell's highest Cyclically Adjusted PB Ratio was 5.19. The lowest was 1.36. And the median was 3.26.

ANSLF's Cyclically Adjusted PB Ratio is ranked better than
59.65% of 456 companies
in the Medical Devices & Instruments industry
Industry Median: 2.11 vs ANSLF: 1.62

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.

Ansell's adjusted book value per share data of for the fiscal year that ended in Jun23 was $12.704. 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 $10.32 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ansell Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ansell'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.

Ansell Cyclically Adjusted PB Ratio Chart

Ansell Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.81 3.49 3.65 1.62 1.71

Ansell Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 - 1.62 - 1.71 -

Competitive Comparison of Ansell's Cyclically Adjusted PB Ratio

For the Medical Instruments & Supplies subindustry, Ansell'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.


Ansell's Cyclically Adjusted PB Ratio Distribution in the Medical Devices & Instruments Industry

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

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



Ansell 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.05/10.32
=1.46

* 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.

Ansell's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Ansell's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=12.704/124.1700*124.1700
=12.704

Current CPI (Jun23) = 124.1700.

Ansell Annual Data

Book Value per Share CPI Adj_Book
201406 7.356 98.352 9.287
201506 7.520 99.838 9.353
201606 7.592 100.859 9.347
201706 8.219 102.809 9.927
201806 10.786 104.945 12.762
201906 10.570 106.617 12.310
202006 10.827 106.246 12.654
202106 12.181 110.332 13.709
202206 12.258 117.112 12.997
202306 12.704 124.170 12.704

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.


Ansell  (OTCPK:ANSLF) 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.


Ansell Cyclically Adjusted PB Ratio Related Terms

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


Ansell (Ansell) Business Description

Traded in Other Exchanges
Address
678 Victoria Street, Level 3, Richmond, VIC, AUS, 3121
Ansell is a leading supplier of protective gloves for use in healthcare and industrial settings, earning approximately 60% of revenue and 70% of operating profit from the healthcare segment and the remainder from the industrial segment. The company holds a large number of patents and the majority of sales come from its key branded product ranges. Ansell has a global manufacturing and distribution footprint and distributes via key partners as well as directly across more than 100 countries. In fiscal 2022, Ansell earned 45% of revenue in North America, 33% from Europe, Middle East and Africa, 14% across Asia-Pacific and the remaining 8% in Latin America.

Ansell (Ansell) Headlines

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