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Acme United (Acme United) Cyclically Adjusted PB Ratio : 1.75 (As of Jun. 07, 2024)


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What is Acme United Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Acme United's current share price is $35.69. Acme United's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.44. Acme United's Cyclically Adjusted PB Ratio for today is 1.75.

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

ACU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.19   Med: 1.98   Max: 3.13
Current: 1.73

During the past years, Acme United's highest Cyclically Adjusted PB Ratio was 3.13. The lowest was 1.19. And the median was 1.98.

ACU's Cyclically Adjusted PB Ratio is ranked worse than
59.58% of 1341 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs ACU: 1.73

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.

Acme United's adjusted book value per share data for the three months ended in Mar. 2024 was $27.060. 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 $20.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Acme United Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Acme United'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.

Acme United Cyclically Adjusted PB Ratio Chart

Acme United 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 1.83 2.15 2.10 1.21 2.17

Acme United 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 1.23 1.31 1.53 2.17 2.30

Competitive Comparison of Acme United's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Acme United'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.


Acme United's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Acme United 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.

Acme United's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=35.69/20.44
=1.75

* 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.

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

For example, Acme United'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)
=27.06/131.7762*131.7762
=27.060

Current CPI (Mar. 2024) = 131.7762.

Acme United Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.773 100.560 15.428
201409 11.954 100.428 15.685
201412 11.979 99.070 15.934
201503 11.911 99.621 15.756
201506 12.740 100.684 16.674
201509 12.974 100.392 17.030
201512 12.896 99.792 17.029
201603 12.980 100.470 17.024
201606 13.700 101.688 17.754
201609 13.759 101.861 17.800
201612 13.871 101.863 17.944
201703 13.964 102.862 17.889
201706 14.635 103.349 18.660
201709 15.032 104.136 19.022
201712 14.801 104.011 18.752
201803 14.965 105.290 18.730
201806 15.478 106.317 19.184
201809 15.557 106.507 19.248
201812 15.618 105.998 19.416
201903 15.778 107.251 19.386
201906 16.355 108.070 19.943
201909 16.421 108.329 19.975
201912 16.624 108.420 20.205
202003 16.713 108.902 20.224
202006 17.686 108.767 21.427
202009 18.148 109.815 21.777
202012 18.783 109.897 22.523
202103 19.254 111.754 22.704
202106 21.096 114.631 24.251
202109 21.504 115.734 24.485
202112 21.894 117.630 24.527
202203 22.091 121.301 23.999
202206 22.673 125.017 23.899
202209 22.344 125.227 23.513
202212 22.336 125.222 23.505
202303 22.595 127.348 23.381
202306 23.445 128.729 24.000
202309 23.962 129.860 24.316
202312 26.857 129.419 27.346
202403 27.060 131.776 27.060

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.


Acme United  (AMEX:ACU) 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.


Acme United Cyclically Adjusted PB Ratio Related Terms

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


Acme United (Acme United) Business Description

Traded in Other Exchanges
Address
1 Waterview Drive, Shelton, CT, USA, 06484
Acme United Corp is a supplier of first aid and medical products and cutting technology to the school, home, office, hardware, sporting goods, and industrial markets. Its principal products sold across all segments are first aid kits and medical products, scissors, shears, knives, rulers, pencil sharpeners, and sharpening tools. The Company sells its products to mass market and e-commerce retailers, industrial distributors, wholesale, contract, and retail stationery distributors, office supply superstores, sporting goods stores, and hardware chains. The Company's reportable business segments consist of the United States, Canada, and Europe, out of which a majority of the company's revenue is derived from the United States.
Executives
Brian S Olschan director, officer: Pres, Chief Operations Officer C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Rex Lynn Davidson director 70 BATTERY PLACE #620, NEW YORK NY 10280
Paul G Driscoll officer: Vice President and CFO C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Brian Barker director 55 WALLS DRIVE, FAIRFIELD CT 06824
Walter C Johnsen director, officer: See Remarks C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Ward Stevenson E Iii director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Susan H Murphy director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Holden Richmond Y Jr director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
North Star Investment Management Corp. 10 percent owner 20 N. WACKER DRIVE, SUITE # 1416, CHICAGO IL 60606
Gary D Penisten director, officer: Chairman C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
R Scott Asen 10 percent owner 224 E 49TH ST, NEW YORK NY 10017
James A Benkovic officer: Vice President of Sales C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824
Stephen Jr Spinelli director THE COLONNADE RESIDENCES, 118 HUNTINGTON AVE, APT 1102, BOSTON MA 02116
Wayne R Moore director C/O ACME UNITED CORP, 1931 BLACK ROCK TURNPIKE, FAIRFIELD CT 06825
George R Dunbar director C/O ACME UNITED CORP, 60 ROUND HILL ROAD, FAIRFIELD CT 06824