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Prestige Consumer Healthcare (FRA:PBV) Cyclically Adjusted Book per Share : €24.18 (As of Mar. 2024)


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What is Prestige Consumer Healthcare Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Prestige Consumer Healthcare's adjusted book value per share for the three months ended in Mar. 2024 was €30.563. 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 €24.18 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Prestige Consumer Healthcare's average Cyclically Adjusted Book Growth Rate was 11.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Prestige Consumer Healthcare was 16.90% per year. The lowest was 5.70% per year. And the median was 12.00% per year.

As of today (2024-05-22), Prestige Consumer Healthcare's current stock price is €59.50. Prestige Consumer Healthcare's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €24.18. Prestige Consumer Healthcare's Cyclically Adjusted PB Ratio of today is 2.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prestige Consumer Healthcare was 5.79. The lowest was 2.10. And the median was 3.09.


Prestige Consumer Healthcare Cyclically Adjusted Book per Share Historical Data

The historical data trend for Prestige Consumer Healthcare's Cyclically Adjusted Book per Share 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.

Prestige Consumer Healthcare Cyclically Adjusted Book per Share Chart

Prestige Consumer Healthcare Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.28 14.21 18.55 21.44 24.18

Prestige Consumer Healthcare Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 21.44 22.23 23.72 22.90 24.18

Competitive Comparison of Prestige Consumer Healthcare's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Prestige Consumer Healthcare'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.


Prestige Consumer Healthcare's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Prestige Consumer Healthcare's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Prestige Consumer Healthcare's Cyclically Adjusted PB Ratio falls into.



Prestige Consumer Healthcare Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Prestige Consumer Healthcare'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)
=30.563/131.7762*131.7762
=30.563

Current CPI (Mar. 2024) = 131.7762.

Prestige Consumer Healthcare Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.296 100.560 10.871
201409 8.836 100.428 11.594
201412 9.451 99.070 12.571
201503 11.089 99.621 14.668
201506 11.199 100.684 14.657
201509 11.584 100.392 15.205
201512 12.546 99.792 16.567
201603 12.669 100.470 16.617
201606 12.404 101.688 16.074
201609 13.039 101.861 16.868
201612 14.324 101.863 18.530
201703 14.523 102.862 18.605
201706 14.417 103.349 18.383
201709 14.173 104.136 17.935
201712 19.396 104.011 24.574
201803 18.020 105.290 22.553
201806 19.223 106.317 23.826
201809 19.765 106.507 24.454
201812 20.925 105.998 26.014
201903 18.723 107.251 23.005
201906 19.157 108.070 23.359
201909 20.115 108.329 24.469
201912 20.712 108.420 25.174
202003 21.158 108.902 25.602
202006 21.710 108.767 26.303
202009 21.634 109.815 25.960
202012 21.792 109.897 26.131
202103 22.860 111.754 26.956
202106 23.482 114.631 26.994
202109 24.800 115.734 28.238
202112 26.768 117.630 29.987
202203 28.490 121.301 30.950
202206 30.127 125.017 31.756
202209 33.034 125.227 34.762
202212 32.049 125.222 33.727
202303 27.199 127.348 28.145
202306 27.580 128.729 28.233
202309 29.010 129.860 29.438
202312 29.562 129.419 30.100
202403 30.563 131.776 30.563

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Prestige Consumer Healthcare  (FRA:PBV) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Prestige Consumer Healthcare's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=59.50/24.18
=2.46

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Prestige Consumer Healthcare was 5.79. The lowest was 2.10. And the median was 3.09.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Prestige Consumer Healthcare Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Prestige Consumer Healthcare's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Prestige Consumer Healthcare (FRA:PBV) Business Description

Traded in Other Exchanges
Address
660 White Plains Road, Tarrytown, NY, USA, 10591
Prestige Consumer Healthcare is one of the largest pure-play over-the-counter healthcare providers. It has a diverse portfolio composed of leading brands in niche consumer health categories. Prestige's key brands include Clear Eyes (redness relief), Dramamine (motion sickness relief), Monistat (vaginal anti-fungal), and Summer's Eve (feminine hygiene), and many of its brands enjoy category leadership and recommendations from medical professionals. The firm mainly plays in North America where it generates roughly 85% of its total revenue, and the remaining sales come from Australia, New Zealand, and certain Asian markets.

Prestige Consumer Healthcare (FRA:PBV) Headlines

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