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The Stephan Co (The Stephan Co) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is The Stephan Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


The Stephan Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Stephan Co'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.

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The Stephan Co Cyclically Adjusted PB Ratio Chart

The Stephan Co Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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The Stephan Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Mar17 Jun17
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Competitive Comparison of The Stephan Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, The Stephan Co'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.


The Stephan Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Stephan Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Stephan Co 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.

The Stephan Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, The Stephan Co's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=0.872/103.3491*103.3491
=0.872

Current CPI (Jun. 2017) = 103.3491.

The Stephan Co Quarterly Data

Book Value per Share CPI Adj_Book
200706 5.139 87.906 6.042
200709 5.177 87.964 6.082
200712 5.248 88.616 6.120
200803 5.269 90.090 6.044
200806 5.298 92.320 5.931
200809 5.335 92.307 5.973
200812 5.308 88.697 6.185
200903 5.473 89.744 6.303
200906 5.508 91.003 6.255
200909 5.568 91.120 6.315
200912 5.464 91.111 6.198
201003 5.493 91.821 6.183
201006 5.809 91.962 6.528
201009 5.874 92.162 6.587
201012 6.113 92.474 6.832
201103 6.152 94.283 6.744
201106 6.188 95.235 6.715
201109 6.253 95.727 6.751
201112 6.157 95.213 6.683
201203 6.114 96.783 6.529
201206 6.111 96.819 6.523
201209 4.505 97.633 4.769
201212 2.561 96.871 2.732
201303 2.456 98.209 2.585
201306 2.326 98.518 2.440
201309 2.209 98.790 2.311
201312 1.716 98.326 1.804
201403 1.694 99.695 1.756
201406 1.632 100.560 1.677
201409 1.959 100.428 2.016
201412 1.046 99.070 1.091
201503 0.965 99.621 1.001
201506 0.993 100.684 1.019
201509 0.732 100.392 0.754
201512 0.860 99.792 0.891
201603 0.785 100.470 0.807
201606 0.799 101.688 0.812
201609 0.766 101.861 0.777
201703 0.827 102.862 0.831
201706 0.872 103.349 0.872

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.


The Stephan Co  (OTCPK:SPCO) 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.


The Stephan Co Cyclically Adjusted PB Ratio Related Terms

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The Stephan Co (The Stephan Co) Business Description

Traded in Other Exchanges
N/A
Address
2211 Reach Road, Suite B4, Williamsport, PA, USA, 33610
The Stephan Co operates in the hair care and personal grooming business. The company is engaged in the distribution of hair grooming and personal care products mainly throughout the United States. It has one reportable operating segment, Distributors. The Distributors segment consists of sales to distributors that purchase hair care products and beauty and barber supplies for sale to salons, barbershops, and beauty schools.
Executives
Richard A Barone director ONE CHAGRIN HIGHLANDS, 2000 AUBURN DRIVE SUITE 300, CLEVELAND OH 44122
Richard L Scott 10 percent owner
James F Adelson 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Stephen J Heyman 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Boston Avenue Capital Llc 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Yorktown Avenue Capital, Llc 10 percent owner 15 EAST 5TH STREET, SUITE 3200, TULSA OK 74103
Charles M Gillman 10 percent owner 1223 WILSHIRE BOULEVARD, OFFICE 648, SANTA MONICA CA 90402
Value Fund Advisors, Llc 10 percent owner 15 EAST 5TH STREET, SUITE 2660, TULSA OK 74103

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