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Rockwell Automation (BSP:R1OK34) Cyclically Adjusted PB Ratio : 14.36 (As of May. 16, 2024)


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What is Rockwell Automation Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Rockwell Automation's current share price is R$356.41. Rockwell Automation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$24.82. Rockwell Automation's Cyclically Adjusted PB Ratio for today is 14.36.

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

BSP:R1OK34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.33   Med: 10.85   Max: 20.93
Current: 13.51

During the past years, Rockwell Automation's highest Cyclically Adjusted PB Ratio was 20.93. The lowest was 6.33. And the median was 10.85.

BSP:R1OK34's Cyclically Adjusted PB Ratio is ranked worse than
96.83% of 2052 companies
in the Industrial Products industry
Industry Median: 1.85 vs BSP:R1OK34: 13.51

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.

Rockwell Automation's adjusted book value per share data for the three months ended in Mar. 2024 was R$38.697. 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 R$24.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockwell Automation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rockwell Automation'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.

Rockwell Automation Cyclically Adjusted PB Ratio Chart

Rockwell Automation Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 14.10 17.56 11.54 14.18

Rockwell Automation 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 15.16 16.62 14.18 15.34 14.30

Competitive Comparison of Rockwell Automation's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.


Rockwell Automation's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Rockwell Automation 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.

Rockwell Automation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=356.41/24.82
=14.36

* 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.

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

For example, Rockwell Automation'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)
=38.697/131.7762*131.7762
=38.697

Current CPI (Mar. 2024) = 131.7762.

Rockwell Automation Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.036 100.560 14.462
201409 11.365 100.428 14.913
201412 12.528 99.070 16.664
201503 14.978 99.621 19.813
201506 14.827 100.684 19.406
201509 16.633 100.392 21.833
201512 16.510 99.792 21.802
201603 15.724 100.470 20.623
201606 14.030 101.688 18.181
201609 12.596 101.861 16.295
201612 13.365 101.863 17.290
201703 13.338 102.862 17.087
201706 13.979 103.349 17.824
201709 16.246 104.136 20.558
201712 13.900 104.011 17.611
201803 12.711 105.290 15.909
201806 11.054 106.317 13.701
201809 13.720 106.507 16.975
201812 10.349 105.998 12.866
201903 10.840 107.251 13.319
201906 9.527 108.070 11.617
201909 3.598 108.329 4.377
201912 6.332 108.420 7.696
202003 6.547 108.902 7.922
202006 8.618 108.767 10.441
202009 11.941 109.815 14.329
202012 17.247 109.897 20.681
202103 22.055 111.754 26.006
202106 24.591 114.631 28.269
202109 27.187 115.734 30.955
202112 30.476 117.630 34.141
202203 28.167 121.301 30.599
202206 26.140 125.017 27.553
202209 31.016 125.227 32.638
202212 33.301 125.222 35.044
202303 35.769 127.348 37.013
202306 35.319 128.729 36.155
202309 38.305 129.860 38.870
202312 38.565 129.419 39.267
202403 38.697 131.776 38.697

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.


Rockwell Automation  (BSP:R1OK34) 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.


Rockwell Automation Cyclically Adjusted PB Ratio Related Terms

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


Rockwell Automation (BSP:R1OK34) Business Description

Traded in Other Exchanges
Address
1201 South Second Street, Milwaukee, WI, USA, 53204
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.

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