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Piperndler Cos (Piperndler Cos) Cyclically Adjusted PB Ratio : 2.79 (As of Apr. 28, 2024)


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What is Piperndler Cos Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Piperndler Cos's current share price is $197.16. Piperndler Cos's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $70.70. Piperndler Cos's Cyclically Adjusted PB Ratio for today is 2.79.

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

PIPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.28   Max: 3.12
Current: 2.79

During the past years, Piperndler Cos's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.62. And the median was 1.28.

PIPR's Cyclically Adjusted PB Ratio is ranked worse than
73.75% of 461 companies
in the Capital Markets industry
Industry Median: 1.12 vs PIPR: 2.79

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.

Piperndler Cos's adjusted book value per share data for the three months ended in Dec. 2023 was $71.414. 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 $70.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piperndler Cos Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Piperndler Cos'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.

Piperndler Cos Cyclically Adjusted PB Ratio Chart

Piperndler Cos 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 1.38 1.75 2.86 1.92 2.47

Piperndler Cos 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 1.92 2.00 1.84 2.05 2.47

Competitive Comparison of Piperndler Cos's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Piperndler Cos'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.


Piperndler Cos's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Piperndler Cos's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Piperndler Cos 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.

Piperndler Cos's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=197.16/70.7
=2.79

* 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.

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

For example, Piperndler Cos'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)
=71.414/129.4194*129.4194
=71.414

Current CPI (Dec. 2023) = 129.4194.

Piperndler Cos Quarterly Data

Book Value per Share CPI Adj_Book
201403 51.453 99.695 66.794
201406 52.541 100.560 67.620
201409 53.257 100.428 68.631
201412 53.710 99.070 70.164
201503 55.398 99.621 71.968
201506 56.792 100.684 73.001
201509 57.028 100.392 73.517
201512 58.873 99.792 76.352
201603 60.687 100.470 78.173
201606 62.375 101.688 79.385
201609 63.909 101.861 81.200
201612 61.269 101.863 77.844
201703 60.866 102.862 76.581
201706 61.334 103.349 76.806
201709 57.230 104.136 71.125
201712 53.700 104.011 66.818
201803 51.733 105.290 63.589
201806 51.410 106.317 62.581
201809 52.385 106.507 63.655
201812 52.130 105.998 63.649
201903 49.102 107.251 59.251
201906 47.986 108.070 57.466
201909 50.818 108.329 60.711
201912 53.311 108.420 63.637
202003 52.928 108.902 62.900
202006 54.040 108.767 64.301
202009 55.958 109.815 65.948
202012 60.208 109.897 70.904
202103 61.606 111.754 71.344
202106 66.820 114.631 75.440
202109 69.446 115.734 77.658
202112 75.334 117.630 82.885
202203 71.651 121.301 76.446
202206 72.258 125.017 74.803
202209 73.245 125.227 75.697
202212 77.091 125.222 79.675
202303 69.901 127.348 71.038
202306 68.493 128.729 68.861
202309 68.401 129.860 68.169
202312 71.414 129.419 71.414

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.


Piperndler Cos  (NYSE:PIPR) 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.


Piperndler Cos Cyclically Adjusted PB Ratio Related Terms

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


Piperndler Cos (Piperndler Cos) Business Description

Traded in Other Exchanges
Address
800 Nicollet Mall, Suite 900, Minneapolis, MN, USA, 55402
Piper Sandler Cos is an investment banking company. Investment banking services include financial advisory services, management of and participation in underwriting, and public finance activities. It generates maximum revenue from Advisory services followed by Equity financing. The company focuses on the following sectors: healthcare; energy; consumer; diversified industrials and services; business services; technology; financial services; agriculture, clean technologies, and renewables, focusing on middle-market clients.
Executives
Debbra L. Schoneman officer: Chief Financial Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Chad R Abraham officer: Co-Head Global IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Jonathan J Doyle director, officer: Hd of Financial Services Group 800 NICOLLET MALL, MINNEAPOLIS MN 55402
John W Geelan officer: General Counsel 800 NICOLLET MALL, SUITE 800, MINNEAPOLIS MN 55402
Robbin Mitchell director W56 N17000 RIDGEWOOD DRIVE, MENOMONEE FALLS WI 53051
Michael R Dillahunt officer: Global Co-Head IB and Cap Mkts 800 NICOLLET MALL, SUITE 900, MINNEAPOLIS MN 55402
R Scott Larue officer: Co-Head Global IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Brian R Sterling director 800 NICOLLET MALL, SUITE 900, MINNEAPOLIS MN 55402
Timothy L Carter officer: Chief Accounting Officer 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Victoria M Holt director PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
James P Baker officer: Global Co-Head IB and Cap Mkts 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Schreier Thomas S Jr director C/O NORTHWEST AIRLINES, 1689 NONCONNAN BLVD, MEMPHIS TN 38132
Fairman Francis E Iv officer: Head, Public Finance Services 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Andrew S Duff director, officer: Chairman and CEO 800 NICOLLET MALL, MINNEAPOLIS MN 55402
Christopher D Crawshaw officer: Head of Asset Management 800 NICOLLET MALL, MINNEAPOLIS MN 55402