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PZ Cussons Nigeria (NSA:PZ) Cyclically Adjusted PB Ratio : 0.95 (As of May. 16, 2024)


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What is PZ Cussons Nigeria Cyclically Adjusted PB Ratio?

As of today (2024-05-16), PZ Cussons Nigeria's current share price is ₦20.25. PZ Cussons Nigeria's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 was ₦21.23. PZ Cussons Nigeria's Cyclically Adjusted PB Ratio for today is 0.95.

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

NSA:PZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.26   Med: 0.56   Max: 2.51
Current: 1.31

During the past 13 years, PZ Cussons Nigeria's highest Cyclically Adjusted PB Ratio was 2.51. The lowest was 0.26. And the median was 0.56.

NSA:PZ's Cyclically Adjusted PB Ratio is ranked better than
51.04% of 1254 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs NSA:PZ: 1.31

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.

PZ Cussons Nigeria's adjusted book value per share data of for the fiscal year that ended in May23 was ₦10.913. 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 ₦21.23 for the trailing ten years ended in May23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PZ Cussons Nigeria Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PZ Cussons Nigeria'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.

PZ Cussons Nigeria Cyclically Adjusted PB Ratio Chart

PZ Cussons Nigeria Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.37 0.29 0.57 0.80

PZ Cussons Nigeria Semi-Annual Data
Nov13 May14 Nov14 May15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 - 0.57 - 0.80 -

Competitive Comparison of PZ Cussons Nigeria's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, PZ Cussons Nigeria'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.


PZ Cussons Nigeria's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



PZ Cussons Nigeria 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.

PZ Cussons Nigeria's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.25/21.23
=0.95

* 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.

PZ Cussons Nigeria's Cyclically Adjusted Book per Share for the fiscal year that ended in May23 is calculated as:

For example, PZ Cussons Nigeria's adjusted Book Value per Share data for the fiscal year that ended in May23 was:

Adj_Book=Book Value per Share/CPI of May23 (Change)*Current CPI (May23)
=10.913/129.1000*129.1000
=10.913

Current CPI (May23) = 129.1000.

PZ Cussons Nigeria Annual Data

Book Value per Share CPI Adj_Book
201405 10.219 99.600 13.246
201505 10.436 100.100 13.459
201605 10.301 100.800 13.193
201705 10.647 103.500 13.280
201805 10.619 105.900 12.945
201905 9.525 107.900 11.396
202005 45.489 108.600 54.076
202105 52.002 111.000 60.482
202205 8.605 119.700 9.281
202305 10.913 129.100 10.913

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.


PZ Cussons Nigeria  (NSA:PZ) 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.


PZ Cussons Nigeria Cyclically Adjusted PB Ratio Related Terms

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PZ Cussons Nigeria (NSA:PZ) Business Description

Traded in Other Exchanges
N/A
Address
3500 Aviator Way, Manchester Business Park, Manchester, GBR, M22 5TG
PZ Cussons Nigeria PLC manufactures, distributes and sells consumer products and home appliances. The company's operating segment includes Home and Personal Care Products and Durable Electrical Appliances. It generates maximum revenue from the Home and Personal Care Products segment. Home and Personal Care Products segment includes the production and sale of Morning Fresh, Zip, Canoe, Premier, Excel, Joy, Stella, Venus, Imperial Leather, Cussons Baby, Original Source, Carex, Robb, and others. The Durable Electrical Appliances segment includes the production and sale of Haier Thermocool Refrigerators, Freezers, Televisions, Generators, Air conditioners, Washing Machines and others. Geographically it derives revenue from Nigeria.

PZ Cussons Nigeria (NSA:PZ) Headlines

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