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Coty (NYSE:COTY) Cyclically Adjusted PB Ratio

: 1.75 (As of Today)
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As of today (2023-12-11), Coty's current share price is $11.78. Coty's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $6.75. Coty's Cyclically Adjusted PB Ratio for today is 1.75.

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

COTY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 1.42   Max: 1.87
Current: 1.72

During the past years, Coty's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.49. And the median was 1.42.

COTY's Cyclically Adjusted PB Ratio is ranked worse than
58.85% of 1327 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs COTY: 1.72

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.

Coty's adjusted book value per share data for the three months ended in Sep. 2023 was $4.191. 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 $6.75 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Coty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Coty'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.

Coty Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - 1.54 1.23 1.83

Coty Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 0.97 1.31 1.81 1.83 1.62

Competitive Comparison

For the Household & Personal Products subindustry, Coty'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.


Coty Cyclically Adjusted PB Ratio Distribution

For the Consumer Packaged Goods industry and Consumer Defensive sector, Coty's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Coty 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.78/6.75
=1.75

* 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.

Coty's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Coty's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4.191/129.8595*129.8595
=4.191

Current CPI (Sep. 2023) = 129.8595.

Coty Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.376 98.326 5.779
201403 3.617 99.695 4.711
201406 2.384 100.560 3.079
201409 1.929 100.428 2.494
201412 1.842 99.070 2.414
201503 1.459 99.621 1.902
201506 2.688 100.684 3.467
201509 2.453 100.392 3.173
201512 1.204 99.792 1.567
201603 1.309 100.470 1.692
201606 1.069 101.688 1.365
201609 0.746 101.861 0.951
201612 13.110 101.863 16.713
201703 12.854 102.862 16.228
201706 12.454 103.349 15.649
201709 12.613 104.136 15.729
201712 12.575 104.011 15.700
201803 12.657 105.290 15.611
201806 11.789 106.317 14.400
201809 11.464 106.507 13.978
201812 10.124 105.998 12.403
201903 9.978 107.251 12.081
201906 6.082 108.070 7.308
201909 5.885 108.329 7.055
201912 5.880 108.420 7.043
202003 4.891 108.902 5.832
202006 3.927 108.767 4.689
202009 4.181 109.815 4.944
202012 4.017 109.897 4.747
202103 3.867 111.754 4.493
202106 3.735 114.631 4.231
202109 3.970 115.734 4.455
202112 4.139 117.630 4.569
202203 4.288 121.301 4.591
202206 3.790 125.017 3.937
202209 3.593 125.227 3.726
202212 4.142 125.222 4.295
202303 4.383 127.348 4.469
202306 4.469 128.729 4.508
202309 4.191 129.860 4.191

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.


Coty  (NYSE:COTY) 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.


Coty Cyclically Adjusted PB Ratio Related Terms

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


Coty (NYSE:COTY) Business Description

Traded in Other Exchanges
Address
350 Fifth Avenue, New York, NY, USA, 10118
Coty Inc is a global beauty firm that sells fragrance, color cosmetics, and skin and body care. It licenses brands such as Calvin Klein, Hugo Boss, Gucci, Burberry, and Davidoff for its prestige portfolio. Coty's most popular color cosmetic brands are CoverGirl, Max Factor, Rimmel, Sally Hansen, and Kylie. Coty also holds a minority stake in a salon and retail haircare business, including brands Wella, Clairol, OPI, and GHD. The company has two reportable segments such as Prestige and Consumer Beauty. It generates majority of its revenue from Prestige segment.
Executives
Priya Srinivasan officer: Chief People & Purpose Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Rochet Lubomira director 6425 HALL OF FAME LANE, FRISCO TX 75034
Laurent Mercier officer: Chief Financial Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Anna Adeola Makanju director 350 FIFTH AVENUE, NEW YORK NY 10118
Maria Asunicion Aramburuzabala director PASEO DE LOS TAMARINDOS 400, TORRE B PISO 25, MEXICO DF O5 0000
Johannes P Huth director
Sue Nabi director, officer: Chief Executive Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Bayern Anna Von officer: Chief Corp. Affairs Officer 350 FIFTH AVENUE, NEW YORK NY 10118
Nancy G. Ford director C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
George R Roberts 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 2800 SAND HILL ROAD, MENLO PARK CA 94025
Kkr Rainbow Aggregator L.p. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Rainbow Aggregator Gp Llc 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Europe V S.a R.l. 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Associates Europe V Scsp 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Kkr Europe V Holdings Ltd 10 percent owner C/O KOHLBERG KRAVIS ROBERTS & CO. L.P., 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019