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Regal Rexnord (Regal Rexnord) Cyclically Adjusted PB Ratio : 2.30 (As of Apr. 29, 2024)


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What is Regal Rexnord Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Regal Rexnord's current share price is $164.71. Regal Rexnord's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $71.65. Regal Rexnord's Cyclically Adjusted PB Ratio for today is 2.30.

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

RRX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 1.94   Max: 3.08
Current: 2.29

During the past years, Regal Rexnord's highest Cyclically Adjusted PB Ratio was 3.08. The lowest was 1.17. And the median was 1.94.

RRX's Cyclically Adjusted PB Ratio is ranked worse than
60.35% of 2000 companies
in the Industrial Products industry
Industry Median: 1.765 vs RRX: 2.29

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.

Regal Rexnord's adjusted book value per share data for the three months ended in Dec. 2023 was $95.691. 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 $71.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Regal Rexnord Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Regal Rexnord'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.

Regal Rexnord Cyclically Adjusted PB Ratio Chart

Regal Rexnord 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 1.76 2.39 2.94 1.82 2.07

Regal Rexnord 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 1.82 2.07 2.21 2.01 2.07

Competitive Comparison of Regal Rexnord's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Regal Rexnord'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.


Regal Rexnord's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Regal Rexnord 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.

Regal Rexnord's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=164.71/71.65
=2.30

* 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.

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

For example, Regal Rexnord'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)
=95.691/129.4194*129.4194
=95.691

Current CPI (Dec. 2023) = 129.4194.

Regal Rexnord Quarterly Data

Book Value per Share CPI Adj_Book
201403 46.224 99.695 60.006
201406 47.583 100.560 61.239
201409 47.676 100.428 61.439
201412 43.275 99.070 56.532
201503 43.426 99.621 56.415
201506 44.464 100.684 57.154
201509 44.308 100.392 57.120
201512 43.340 99.792 56.207
201603 44.718 100.470 57.603
201606 44.911 101.688 57.159
201609 46.045 101.861 58.502
201612 45.509 101.863 57.820
201703 47.603 102.862 59.893
201706 49.457 103.349 61.933
201709 51.221 104.136 63.657
201712 52.494 104.011 65.317
201803 54.298 105.290 66.742
201806 53.103 106.317 64.642
201809 53.744 106.507 65.306
201812 53.984 105.998 65.912
201903 56.423 107.251 68.086
201906 56.896 108.070 68.136
201909 56.267 108.329 67.221
201912 57.625 108.420 68.786
202003 56.064 108.902 66.627
202006 57.121 108.767 67.967
202009 59.653 109.815 70.302
202012 62.670 109.897 73.803
202103 63.611 111.754 73.666
202106 65.487 114.631 73.935
202109 66.211 115.734 74.040
202112 94.231 117.630 103.676
202203 95.279 121.301 101.656
202206 94.386 125.017 97.710
202209 92.888 125.227 95.998
202212 96.498 125.222 99.733
202303 96.842 127.348 98.417
202306 96.686 128.729 97.205
202309 93.050 129.860 92.735
202312 95.691 129.419 95.691

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.


Regal Rexnord  (NYSE:RRX) 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.


Regal Rexnord Cyclically Adjusted PB Ratio Related Terms

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


Regal Rexnord (Regal Rexnord) Business Description

Traded in Other Exchanges
Address
200 State Street, Beloit, WI, USA, 53511
Regal Rexnord Corp is in the engineering and manufacturing of industrial powertrain solutions, power transmission components, electric motors and electronic controls, air moving products and specialty electrical components and systems, serving customers around the world. The four operating segments include Commercial Systems, Industrial Systems, Climate Solutions and Motion Control Solutions.
Executives
Theodore D Crandall director C/O ROCKWELL AUTOMATION INC, 1201 SOUTH SECOND STREET, MILWAUKEE WI 53204
Timothy A. Dickson officer: SVP & Chief Digi & Info Ofc* 111 WEST MICHIGAN STREET, MILWAUKEE WI 53203
John Avampato officer: VP & Chief Information Officer 200 STATE STREET, BELOIT WI 53511
Brooke Lang officer: EVP and President, PES* 2090 BLAIRMONT DR, PITTSBURGH PA 15241
Michael P Doss director 814 LIVINGSTON COURT, MARIETTA GA 30067
Alexander P Scarpelli officer: VP, Corp. Controller and CAO* 200 STATE STREET, BELOIT WI 53511
John C Kunze officer: Segment President* 200 STATE STREET, BELOIT WI 53511
Curtis W Stoelting director C/O RC2 CORPORATION, 1111 WEST 22ND STREET, SUITE 320, OAK BROOK IL 60523
Christopher L Doerr director
Kevin J Zaba officer: President, Motion Control Sol. C/O REXNORD CORPORATION, P.O. BOX 2022, MILWAUKEE WI 53201
Daniel J Klun officer: VP, Corporate Controller 200 STATE STREET, BELOIT WI 53511
Robin A Walker-lee director C/O TRW AUTOMOTIVE, 12001 TECH CENTER DRIVE, LIVONIA MI 48150
Scott Douglas Brown officer: Segment President* 200 STATE STREET, BELOIT WI 53511
Dean A Foate director
Eric S Mcginnis officer: Segment President* 200 STATE STREET, BELOIT WI 53511