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Carlisle (FRA:CLE) Cyclically Adjusted PB Ratio : 7.42 (As of Apr. 27, 2024)


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What is Carlisle Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Carlisle's current share price is €352.50. Carlisle's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €47.52. Carlisle's Cyclically Adjusted PB Ratio for today is 7.42.

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

FRA:CLE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.84   Med: 3.93   Max: 7.62
Current: 7.62

During the past years, Carlisle's highest Cyclically Adjusted PB Ratio was 7.62. The lowest was 2.84. And the median was 3.93.

FRA:CLE's Cyclically Adjusted PB Ratio is ranked worse than
95.46% of 1146 companies
in the Construction industry
Industry Median: 1.105 vs FRA:CLE: 7.62

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.

Carlisle's adjusted book value per share data for the three months ended in Dec. 2023 was €54.386. 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 €47.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Carlisle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Carlisle'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.

Carlisle Cyclically Adjusted PB Ratio Chart

Carlisle Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.45 4.01 5.67 4.83 5.94

Carlisle Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.83 4.50 5.00 4.96 5.94

Competitive Comparison of Carlisle's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Carlisle'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.


Carlisle's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Carlisle 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=352.50/47.52
=7.42

* 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.

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

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=54.386/129.4194*129.4194
=54.386

Current CPI (Dec. 2023) = 129.4194.

Carlisle Quarterly Data

Book Value per Share CPI Adj_Book
201403 22.918 99.695 29.751
201406 23.934 100.560 30.803
201409 25.909 100.428 33.388
201412 27.538 99.070 35.974
201503 31.509 99.621 40.934
201506 31.585 100.684 40.599
201509 32.365 100.392 41.723
201512 33.643 99.792 43.631
201603 33.520 100.470 43.178
201606 34.413 101.688 43.798
201609 33.903 101.861 43.075
201612 36.395 101.863 46.241
201703 36.579 102.862 46.023
201706 34.947 103.349 43.763
201709 32.997 104.136 41.009
201712 34.548 104.011 42.988
201803 36.317 105.290 44.640
201806 38.241 106.317 46.551
201809 38.917 106.507 47.289
201812 39.393 105.998 48.097
201903 39.336 107.251 47.467
201906 40.520 108.070 48.525
201909 43.090 108.329 51.479
201912 42.708 108.420 50.980
202003 41.516 108.902 49.338
202006 41.073 108.767 48.872
202009 39.502 109.815 46.554
202012 39.433 109.897 46.438
202103 38.885 111.754 45.032
202106 38.668 114.631 43.656
202109 41.518 115.734 46.427
202112 44.752 117.630 49.237
202203 47.135 121.301 50.290
202206 52.813 125.017 54.673
202209 59.537 125.227 61.530
202212 56.091 125.222 57.971
202303 56.229 127.348 57.144
202306 55.971 128.729 56.271
202309 56.139 129.860 55.949
202312 54.386 129.419 54.386

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.


Carlisle  (FRA:CLE) 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.


Carlisle Cyclically Adjusted PB Ratio Related Terms

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


Carlisle (FRA:CLE) Business Description

Traded in Other Exchanges
Address
16430 North Scottsdale Road, Suite 400, Scottsdale, AZ, USA, 85254
Carlisle Companies Inc is a holding company. Through its subsidiaries, it manufactures and sells rubber and plastic engineered products. The company is organized into three segments include Carlisle Construction Materials, Carlisle Interconnect Technologies, and Carlisle Fluid Technologies. The company's product portfolio includes commercial roofing systems, wires, cables, connectors, industrial liquid finishing material, and other products used in construction, transportation, aerospace, defense, medical, and various other industrial sectors. A vast majority of the company's revenue comes from the Carlisle Construction Materials segment, and more than half of the total revenue is earned in the United States.

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