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Logitech International (Logitech International) Cyclically Adjusted PB Ratio : 7.91 (As of Apr. 27, 2024)


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What is Logitech International Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Logitech International's current share price is $79.26. Logitech International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.02. Logitech International's Cyclically Adjusted PB Ratio for today is 7.91.

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

LOGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 6.79   Max: 19.92
Current: 8.64

During the past years, Logitech International's highest Cyclically Adjusted PB Ratio was 19.92. The lowest was 1.17. And the median was 6.79.

LOGI's Cyclically Adjusted PB Ratio is ranked worse than
95.53% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs LOGI: 8.64

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.

Logitech International's adjusted book value per share data for the three months ended in Dec. 2023 was $14.130. 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 $10.02 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logitech International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Logitech International'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.

Logitech International Cyclically Adjusted PB Ratio Chart

Logitech International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 7.53 16.63 10.17 6.80

Logitech International 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 7.63 6.80 6.62 7.69 9.48

Competitive Comparison of Logitech International's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Logitech International'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.


Logitech International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Logitech International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Logitech International 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.

Logitech International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.26/10.02
=7.91

* 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.

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

For example, Logitech International'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)
=14.13/106.4611*106.4611
=14.130

Current CPI (Dec. 2023) = 106.4611.

Logitech International Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.936 101.224 5.191
201406 5.106 101.517 5.355
201409 5.356 101.247 5.632
201412 5.426 100.704 5.736
201503 4.609 100.339 4.890
201506 4.661 100.464 4.939
201509 4.120 99.785 4.396
201512 4.523 99.386 4.845
201603 4.679 99.475 5.008
201606 4.692 100.088 4.991
201609 4.417 99.604 4.721
201612 4.953 99.380 5.306
201703 5.272 100.040 5.610
201706 5.798 100.285 6.155
201709 5.609 100.254 5.956
201712 6.134 100.213 6.516
201803 6.383 100.836 6.739
201806 6.373 101.435 6.689
201809 6.108 101.246 6.423
201812 6.830 100.906 7.206
201903 7.092 101.571 7.433
201906 7.197 102.044 7.509
201909 6.995 101.396 7.344
201912 7.762 101.063 8.177
202003 8.923 101.048 9.401
202006 9.307 100.743 9.835
202009 10.109 100.585 10.700
202012 12.447 100.241 13.219
202103 13.438 100.800 14.193
202106 14.063 101.352 14.772
202109 13.486 101.533 14.141
202112 14.225 101.776 14.880
202203 14.516 103.205 14.974
202206 14.400 104.783 14.631
202209 13.373 104.835 13.580
202212 14.061 104.666 14.302
202303 14.168 106.245 14.197
202306 14.034 106.576 14.019
202309 13.225 106.570 13.212
202312 14.130 106.461 14.130

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.


Logitech International  (NAS:LOGI) 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.


Logitech International Cyclically Adjusted PB Ratio Related Terms

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


Logitech International (Logitech International) Business Description

Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.
Executives
Samantha Harnett officer: General Counsel 1836 CLEMENS ROAD, OAKLAND CA 94602
Charles D Boynton officer: Chief Financial Officer
Prakash Arunkundrum officer: Head of Global Operations C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Kwok Wang Ng director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Sascha Zahnd director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94580
Christopher Richardson Jones director 1501 FIRST AVENUE SOUTH, SUITE 600, SEATTLE WA 98134
Patrick Aebischer director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Nathan Olmstead officer: Principal Accounting Officer C/O LOGITECH INC., 7700 GATEWAY BOULEVARD, NEWARK CA 94560
Riet Cadonau director C/O LOGITECH INC., 7700 GATEWAY BLVD., NEWARK CA 94560
Bracken Darrell officer: President 2000 M-63N, BENTON HARBOR MI 49022
Didier Hirsch director 5301 STEVENS CREEK BOULEVARD, SANTA CLARA CA 95051
Neela Montgomery director C/O LOGITECH INTERNATIONAL S.A., LES CHATAGNIS, APPLES V8 1143
Deborah Thomas director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02862
Guy Gecht director
Michael B Polk director 100 DEFOREST AVE, EAST HANOVER NJ 07936