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Logitech International (XSWX:LOGN) Cyclically Adjusted PB Ratio : 8.64 (As of Apr. 29, 2024)


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What is Logitech International Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Logitech International's current share price is CHF72.66. Logitech International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was CHF8.41. Logitech International's Cyclically Adjusted PB Ratio for today is 8.64.

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

XSWX:LOGN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 6.79   Max: 19.92
Current: 8.64

During the past years, Logitech International's highest Cyclically Adjusted PB Ratio was 19.92. The lowest was 1.17. And the median was 6.79.

XSWX:LOGN's Cyclically Adjusted PB Ratio is ranked worse than
95.21% of 1839 companies
in the Hardware industry
Industry Median: 1.59 vs XSWX:LOGN: 8.64

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.

Logitech International's adjusted book value per share data for the three months ended in Dec. 2023 was CHF12.220. 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 CHF8.41 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Logitech International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Logitech International'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.

Logitech International Cyclically Adjusted PB Ratio Chart

Logitech International Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.24 7.53 16.63 10.17 6.80

Logitech International 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 7.63 6.80 6.62 7.69 9.48

Competitive Comparison of Logitech International's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Logitech International'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.


Logitech International's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Logitech International 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.

Logitech International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.66/8.41
=8.64

* 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.

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

For example, Logitech International'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)
=12.22/106.4611*106.4611
=12.220

Current CPI (Dec. 2023) = 106.4611.

Logitech International Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.346 101.224 4.571
201406 4.574 101.517 4.797
201409 5.018 101.247 5.276
201412 5.292 100.704 5.595
201503 4.516 100.339 4.792
201506 4.345 100.464 4.604
201509 4.007 99.785 4.275
201512 4.501 99.386 4.821
201603 4.591 99.475 4.913
201606 4.549 100.088 4.839
201609 4.299 99.604 4.595
201612 5.049 99.380 5.409
201703 5.280 100.040 5.619
201706 5.613 100.285 5.959
201709 5.398 100.254 5.732
201712 6.054 100.213 6.431
201803 6.051 100.836 6.389
201806 6.310 101.435 6.623
201809 5.914 101.246 6.219
201812 6.775 100.906 7.148
201903 7.096 101.571 7.438
201906 7.111 102.044 7.419
201909 6.930 101.396 7.276
201912 7.627 101.063 8.034
202003 8.560 101.048 9.019
202006 8.854 100.743 9.357
202009 9.249 100.585 9.789
202012 11.058 100.241 11.744
202103 12.495 100.800 13.197
202106 12.767 101.352 13.411
202109 12.445 101.533 13.049
202112 13.101 101.776 13.704
202203 13.491 103.205 13.917
202206 13.971 104.783 14.195
202209 13.016 104.835 13.218
202212 13.099 104.666 13.324
202303 13.112 106.245 13.139
202306 12.636 106.576 12.622
202309 11.897 106.570 11.885
202312 12.220 106.461 12.220

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.


Logitech International  (XSWX:LOGN) 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.


Logitech International Cyclically Adjusted PB Ratio Related Terms

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


Logitech International (XSWX:LOGN) Business Description

Address
EPFL - Quartier de l'Innovation, Daniel Borel Innovation Center, Lausanne, CHE, 1015
Logitech was founded in 1981 and is headquartered in Lausanne, Switzerland. The company specializes in designing and manufacturing computer peripherals such as mice, keyboards, webcams, conference room cameras, headsets, and music-related products such as wireless speakers.