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TE Connectivity (TE Connectivity) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is TE Connectivity Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TE Connectivity Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TE Connectivity'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.

TE Connectivity Cyclically Adjusted PB Ratio Chart

TE Connectivity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.19 4.18 5.49 4.04 4.21

TE Connectivity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.61 4.84 4.21 4.71 -

Competitive Comparison of TE Connectivity's Cyclically Adjusted PB Ratio

For the Electronic Components subindustry, TE Connectivity'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.


TE Connectivity's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



TE Connectivity 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.

TE Connectivity's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, TE Connectivity's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=40.158/106.4611*106.4611
=40.158

Current CPI (Mar. 2024) = 106.4611.

TE Connectivity Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.583 101.517 22.634
201409 22.093 101.247 23.231
201412 22.520 100.704 23.807
201503 22.081 100.339 23.428
201506 22.603 100.464 23.952
201509 24.328 99.785 25.956
201512 22.830 99.386 24.455
201603 20.716 99.475 22.171
201606 23.190 100.088 24.667
201609 23.883 99.604 25.527
201612 24.858 99.380 26.629
201703 24.635 100.040 26.216
201706 25.845 100.285 27.437
201709 27.724 100.254 29.441
201712 27.408 100.213 29.117
201803 27.037 100.836 28.545
201806 27.244 101.435 28.594
201809 31.413 101.246 33.031
201812 30.164 100.906 31.825
201903 29.629 101.571 31.056
201906 31.575 102.044 32.942
201909 31.544 101.396 33.120
201912 31.567 101.063 33.253
202003 27.384 101.048 28.851
202006 27.382 100.743 28.936
202009 28.377 100.585 30.035
202012 29.787 100.241 31.635
202103 29.262 100.800 30.905
202106 30.574 101.352 32.115
202109 32.516 101.533 34.094
202112 33.803 101.776 35.359
202203 32.346 103.205 33.367
202206 32.565 104.783 33.087
202209 33.960 104.835 34.487
202212 35.875 104.666 36.490
202303 34.938 106.245 35.009
202306 36.120 106.576 36.081
202309 37.024 106.570 36.986
202312 42.454 106.461 42.454
202403 40.158 106.461 40.158

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.


TE Connectivity  (NYSE:TEL) 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.


TE Connectivity Cyclically Adjusted PB Ratio Related Terms

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


TE Connectivity (TE Connectivity) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Muhlenstrasse 26, Schaffhausen, CHE, CH-8200
TE Connectivity is the largest electrical connector supplier in the world, supplying interconnect and sensor solutions to the transportation, industrial, and communications markets. With operations in 150 countries and over 500,000 stock-keeping units, TE has a broad portfolio that forms the electrical architecture of its end customers' cutting-edge innovations.
Executives
Terrence R Curtin director, officer: EVP & Chief Financial Officer C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
John S Jenkins officer: EVP & General Counsel 1050 WESTLAKES DRIVE, BERWYN PA 19312
Heath A Mitts officer: EVP & Chief Financial Officer 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Malavika Sagar officer: SVP, Chief Human Resources Off 1050 WESTLAKES DRIVE, BERWYN PA 19312
Jean-pierre Clamadieu director 1050 WESTLAKES DRIVE, BERWYN PA 19312
Shadrak W Kroeger officer: Pres., Communications Solution 1050 WESTLAKES DRIVE, BERWYN PA 19312
Abhijit Y Talwalkar director ONE AMD PLACE, PO BOX 3453, SUNNYVALE CA 94088
Tim Murphy officer: SVP & CHRO 1050 WESTLAKES DRIVE, BERWYN PA 19312
Thomas J Lynch director, officer: Chief Executive Officer 7 LAKEVIEW DRIVE, NEWTOWN PA 19840
Syaru Shirley Lin director
Robert J Ott officer: Sr VP & Controller C/O TYCO ELECTRONICS LTD, 1050 WESTLAKES DRIVE, BERWYN PA 19312
Steven T Merkt officer: President, Transportation Sol. 1050 WESTLAKES DRIVE, BERWYN PA 19312
Daniel J Phelan director C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312
Aaron Kyle Stucki officer: Pres. Communications Solutions 1050 WESTLAKES DRIVE, BERWYN PA 19312
Eric Resch director, officer: SVP and Tax Officer C/O TYCO ELECTRONICS LTD., 1050 WESTLAKES DRIVE, BERWYN PA 19312