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Motorola Solutions (BSP:M1SI34) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is Motorola Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Motorola Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Motorola Solutions'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.

Motorola Solutions Cyclically Adjusted PB Ratio Chart

Motorola Solutions 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 20.51 44.58 165.69 - -

Motorola Solutions 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 - - - - -

Competitive Comparison of Motorola Solutions's Cyclically Adjusted PB Ratio

For the Communication Equipment subindustry, Motorola Solutions'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.


Motorola Solutions's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

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

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



Motorola Solutions 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.

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

For example, Motorola Solutions'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)
=3.889/131.7762*131.7762
=3.889

Current CPI (Mar. 2024) = 131.7762.

Motorola Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.222 100.560 12.085
201409 7.796 100.428 10.230
201412 8.218 99.070 10.931
201503 7.766 99.621 10.273
201506 6.828 100.684 8.937
201509 -1.697 100.392 -2.228
201512 -0.590 99.792 -0.779
201603 -0.778 100.470 -1.020
201606 -3.537 101.688 -4.584
201609 -3.229 101.861 -4.177
201612 -4.908 101.863 -6.349
201703 -5.022 102.862 -6.434
201706 -5.004 103.349 -6.380
201709 -4.012 104.136 -5.077
201712 -8.902 104.011 -11.278
201803 -7.857 105.290 -9.834
201806 -8.755 106.317 -10.852
201809 -8.863 106.507 -10.966
201812 -7.678 105.998 -9.545
201903 -6.456 107.251 -7.932
201906 -5.663 108.070 -6.905
201909 -6.631 108.329 -8.066
201912 -4.213 108.420 -5.121
202003 -6.812 108.902 -8.243
202006 -6.337 108.767 -7.678
202009 -6.025 109.815 -7.230
202012 -4.237 109.897 -5.081
202103 -4.118 111.754 -4.856
202106 -2.658 114.631 -3.056
202109 -2.053 115.734 -2.338
202112 -0.335 117.630 -0.375
202203 -2.346 121.301 -2.549
202206 -3.350 125.017 -3.531
202209 -3.193 125.227 -3.360
202212 0.908 125.222 0.956
202303 1.817 127.348 1.880
202306 2.447 128.729 2.505
202309 2.689 129.860 2.729
202312 5.336 129.419 5.433
202403 3.889 131.776 3.889

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.


Motorola Solutions  (BSP:M1SI34) 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.


Motorola Solutions Cyclically Adjusted PB Ratio Related Terms

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Motorola Solutions (BSP:M1SI34) Business Description

Address
500 West Monroe Street, Suite 4400, Chicago, IL, USA, 60661
Motorola Solutions is a leading provider of communications and analytics, primarily serving public safety departments as well as schools, hospitals, and businesses. The bulk of the firm's revenue comes from sales of land mobile radios and radio network infrastructure, but the firm also sells surveillance equipment and dispatch software. Most of Motorola's revenue comes from government agencies, while roughly 25% comes from schools and private businesses. Motorola has customers in over 100 countries and in every state in the United States.

Motorola Solutions (BSP:M1SI34) Headlines

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