GURUFOCUS.COM » STOCK LIST » USA » NYSE » EnerSys (NYSE:ENS) » Definitions » Cyclically Adjusted PB Ratio
Switch to:

EnerSys (NYSE:ENS) Cyclically Adjusted PB Ratio

: 2.59 (As of Today)
View and export this data going back to 2004. Start your Free Trial

As of today (2023-12-11), EnerSys's current share price is $92.77. EnerSys's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $35.84. EnerSys's Cyclically Adjusted PB Ratio for today is 2.59.

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

ENS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 3.02   Max: 4.49
Current: 2.58

During the past years, EnerSys's highest Cyclically Adjusted PB Ratio was 4.49. The lowest was 1.59. And the median was 3.02.

ENS's Cyclically Adjusted PB Ratio is ranked worse than
62.48% of 2076 companies
in the Industrial Products industry
Industry Median: 1.83 vs ENS: 2.58

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.

EnerSys's adjusted book value per share data for the three months ended in Sep. 2023 was $40.715. 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 $35.84 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


EnerSys Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EnerSys'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.

EnerSys Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 1.85 3.15 2.29 2.50

EnerSys 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 1.72 2.17 2.50 3.07 2.64

Competitive Comparison

For the Electrical Equipment & Parts subindustry, EnerSys'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.


EnerSys Cyclically Adjusted PB Ratio Distribution

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

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



EnerSys 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=92.77/35.84
=2.59

* 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.

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

For example, EnerSys'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)
=40.715/129.8595*129.8595
=40.715

Current CPI (Sep. 2023) = 129.8595.

EnerSys Quarterly Data

Book Value per Share CPI Adj_Book
201312 27.029 98.326 35.697
201403 26.757 99.695 34.853
201406 26.690 100.560 34.467
201409 26.015 100.428 33.639
201412 25.274 99.070 33.129
201503 23.605 99.621 30.770
201506 24.550 100.684 31.664
201509 22.737 100.392 29.411
201512 23.361 99.792 30.400
201603 23.458 100.470 30.320
201606 23.606 101.688 30.146
201609 24.659 101.861 31.437
201612 24.282 101.863 30.956
201703 25.397 102.862 32.063
201706 26.792 103.349 33.664
201709 26.945 104.136 33.601
201712 26.606 104.011 33.218
201803 28.526 105.290 35.183
201806 27.808 106.317 33.966
201809 28.421 106.507 34.653
201812 30.410 105.998 37.256
201903 30.086 107.251 36.428
201906 30.437 108.070 36.574
201909 31.112 108.329 37.295
201912 32.296 108.420 38.682
202003 30.728 108.902 36.642
202006 32.065 108.767 38.283
202009 33.620 109.815 39.757
202012 35.838 109.897 42.348
202103 36.015 111.754 41.850
202106 36.781 114.631 41.667
202109 36.828 115.734 41.323
202112 36.203 117.630 39.967
202203 36.338 121.301 38.902
202206 35.301 125.017 36.668
202209 34.563 125.227 35.842
202212 37.405 125.222 38.790
202303 39.126 127.348 39.898
202306 40.940 128.729 41.300
202309 40.715 129.860 40.715

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.


EnerSys  (NYSE:ENS) 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.


EnerSys Cyclically Adjusted PB Ratio Related Terms

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


EnerSys (NYSE:ENS) Business Description

Industry
Traded in Other Exchanges
Address
2366 Bernville Road, Reading, PA, USA, 19605
EnerSys provides stored energy solutions for industrial applications. It also manufactures and distributes energy systems solutions and motive power batteries, specialty batteries, battery chargers, power equipment, battery accessories and outdoor equipment enclosure solutions to customers worldwide. Energy Systems which combine enclosures, power conversion, power distribution and energy storage are used in the telecommunication and broadband, utility industries, uninterruptible power supplies, and numerous applications requiring stored energy solutions. Its segments include Energy Systems, Motive Power, and Specialty.
Executives
Tamara Morytko director 1250 NE LOOP 410, SUITE 1000, SAN ANTONIO TX 78209
Rudolph W. Wynter director C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Andrea J. Funk officer: EVP & Chief Financial Officer C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Joern Tinnemeyer officer: Sr. VP & CTO C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Steven M Fludder director 264 NANTASKET ROAD, HULL MA 02045
Caroline Chan director 2366 BERNVILLE ROAD, READING PA 19605
Shawn M. O'connell officer: Pres, Motive Power Americas 2366 BERNVILLE ROAD, READING PA 19605
Andrew M. Zogby officer: Pres, Energy Systems-Americas 2366 BERNVILLE ROAD, READING PA 19605
Nelda J Connors director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Ronald P Vargo director 41 UNIVERSITY DRIVE, SUITE 202, NEWTOWN PA 18940
Myles Jones officer: President - Asia C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Holger P Aschke officer: President - EMEA C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
Paul J Tufano director C/O SOLECTRON CORPORATION, 847 GIBRALTAR DR., MILPITAS CA 95035
Jeffrey W. Long officer: President, Americas C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605
David M Shaffer officer: President, EMEA C/O ENERSYS, 2366 BERNVILLE ROAD, READING PA 19605