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Avon Products (Avon Products) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Avon Products Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Avon Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Avon Products'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.

Avon Products Cyclically Adjusted PB Ratio Chart

Avon Products Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Avon Products Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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Competitive Comparison of Avon Products's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Avon Products'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.


Avon Products's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Avon Products 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.

Avon Products's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2023 is calculated as:

For example, Avon Products's adjusted Book Value per Share data for the three months ended in Mar. 2023 was:

Adj_Book=Book Value per Share/CPI of Mar. 2023 (Change)*Current CPI (Mar. 2023)
=-3.086/126.8000*126.8000
=-3.086

Current CPI (Mar. 2023) = 126.8000.

Avon Products Quarterly Data

Book Value per Share CPI Adj_Book
201306 2.574 98.000 3.330
201309 2.562 98.700 3.291
201312 2.558 99.200 3.270
201403 2.108 99.300 2.692
201406 2.170 99.800 2.757
201409 2.091 100.000 2.651
201412 0.667 99.900 0.847
201503 -0.007 99.600 -0.009
201506 0.108 100.100 0.137
201509 -1.795 100.200 -2.272
201512 -2.458 100.400 -3.104
201603 -2.012 100.400 -2.541
201606 -1.934 101.000 -2.428
201609 -1.803 101.500 -2.252
201612 -1.938 102.200 -2.404
201703 -1.865 102.700 -2.303
201706 -1.939 103.500 -2.376
201709 -1.865 104.300 -2.267
201712 -1.647 105.000 -1.989
201803 -1.712 105.100 -2.065
201806 -2.077 105.900 -2.487
201809 -1.832 106.600 -2.179
201812 -2.045 107.100 -2.421
201903 -2.140 107.000 -2.536
201906 -2.176 107.900 -2.557
201909 -1.989 108.400 -2.327
201912 -2.233 108.500 -2.610
202003 -1.783 108.600 -2.082
202006 -1.994 108.800 -2.324
202009 -2.105 109.200 -2.444
202012 -1.965 109.400 -2.278
202103 -2.205 109.700 -2.549
202106 -2.262 111.400 -2.575
202109 -2.032 112.400 -2.292
202112 -1.936 114.700 -2.140
202203 -2.031 116.500 -2.211
202206 -2.163 120.500 -2.276
202209 -2.374 122.300 -2.461
202212 -2.806 125.300 -2.840
202303 -3.086 126.800 -3.086

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.


Avon Products  (NYSE:AVP) 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.


Avon Products Cyclically Adjusted PB Ratio Related Terms

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


Avon Products (Avon Products) Business Description

Traded in Other Exchanges
N/A
Address
Nunn Mills Road, Lancaster House, Northampton, GBR, NN1 5PA
Avon Products Inc is a firm which manufactures and sells beauty and related products. Avon's product mix consists of beauty (cosmetics, fragrances, and skin care), fashion (accessories and apparel), and home (home products and gifts). Generating, a majority of its revenue from Beauty. The company's geographic operating segments includes Avon International and Avon Latin America.
Executives
Gustavo Arnal officer: Executive Vice President, CFO C/O AVON PRODUCTS, INC., 1 AVON PLACE, SUFFERN NY 10901
Fernandez Calero Miguel Angel officer: Global President 800 W. OLYMPIC BLVD. SUITE 406, LOS ANGELES CA 90015
James A Mitarotonda director 888 SEVENTH AVENUE 17TH FL, NEW YORK NY 10019
Chan Galbato director 191 E NORTH AVENUE, CAROL STREAM IL 60188
Nancy Killefer director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Helen Mccluskey director 2211 REDDING ROAD, FAIRFIELD CT 06430
Lenard Tessler director C/O ALBERTSONS COMPANIES, INC., 250 E. PARKCENTER BLVD., BOISE ID 83706
W Don Cornwell director
Susan J Kropf director C/O AVON PRODUCTS INC, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105-0196
Cathy D Ross director 901 44TH STREET SE, GRAND RAPIDS MI 49508
James E Thompson officer: Senior Vice President 250 EAST FIFTH STREET, CINCINNATI OH 45202
Charles H Noski director ONE PICKWICK PLAZA, GREENWICH CT 06830
Steven F Mayer director 11812 SAN VICENTE BLVD. # 300, LOS ANGELES CA 90049
Sherilyn S Mccoy director, officer: CEO JOHNSON & JOHNSON, ONE JOHNSON & JOHNSON PLAZA, NEW BRUNSWICK NJ 08933
James S Scully officer: EVP, COO C/O J. CREW GROUP, INC., 770 BROADWAY, NEW YORK NY 10003