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Circor International (Circor International) Cyclically Adjusted PB Ratio : 2.26 (As of May. 26, 2024)


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What is Circor International Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Circor International's current share price is $56.00. Circor International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was $24.73. Circor International's Cyclically Adjusted PB Ratio for today is 2.26.

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

CIR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 1.71   Max: 3.42
Current: 2.26

During the past years, Circor International's highest Cyclically Adjusted PB Ratio was 3.42. The lowest was 0.35. And the median was 1.71.

CIR's Cyclically Adjusted PB Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.86 vs CIR: 2.26

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.

Circor International's adjusted book value per share data for the three months ended in Jun. 2023 was $7.505. 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 $24.73 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Circor International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Circor 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.

Circor International Cyclically Adjusted PB Ratio Chart

Circor International Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.80 1.72 1.48 1.05 0.95

Circor International Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.62 0.64 0.95 1.24 2.28

Competitive Comparison of Circor International's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Circor 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.


Circor International's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Circor International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Circor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=56.00/24.73
=2.26

* 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.

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

For example, Circor International's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=7.505/128.7287*128.7287
=7.505

Current CPI (Jun. 2023) = 128.7287.

Circor International Quarterly Data

Book Value per Share CPI Adj_Book
201309 26.097 98.790 34.006
201312 27.080 98.326 35.453
201403 27.919 99.695 36.050
201406 28.706 100.560 36.747
201409 28.742 100.428 36.842
201412 27.943 99.070 36.308
201503 26.494 99.621 34.235
201506 25.758 100.684 32.933
201509 24.748 100.392 31.734
201512 24.491 99.792 31.593
201603 25.234 100.470 32.331
201606 25.048 101.688 31.709
201609 25.362 101.861 32.052
201612 24.591 101.863 31.077
201703 25.206 102.862 31.544
201706 26.552 103.349 33.072
201709 27.386 104.136 33.854
201712 30.425 104.011 37.655
201803 29.865 105.290 36.513
201806 28.937 106.317 35.037
201809 28.935 106.507 34.972
201812 26.656 105.998 32.372
201903 25.970 107.251 31.171
201906 24.868 108.070 29.622
201909 18.858 108.329 22.409
201912 19.657 108.420 23.339
202003 14.574 108.902 17.227
202006 13.671 108.767 16.180
202009 11.042 109.815 12.944
202012 7.644 109.897 8.954
202103 9.728 111.754 11.206
202106 9.040 114.631 10.152
202109 9.111 115.734 10.134
202112 6.600 117.630 7.223
202203 5.432 121.301 5.765
202206 5.094 125.017 5.245
202209 5.995 125.227 6.163
202212 7.810 125.222 8.029
202303 7.908 127.348 7.994
202306 7.505 128.729 7.505

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.


Circor International  (NYSE:CIR) 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.


Circor International Cyclically Adjusted PB Ratio Related Terms

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


Circor International (Circor International) Business Description

Traded in Other Exchanges
N/A
Address
30 Corporate Drive, Suite 200, Burlington, MA, USA, 01803-4238
Circor International Inc. designs manufactures, and markets differentiated technology products and sub-systems. It has two reportable business segments: aerospace & defense and industrial. Circor primarily delivers flow control products and services to original equipment manufacturers (OEMs) and engineering, procurement, and construction (EPC) companies worldwide. Some of its products include positive displacement pumps, motors, specialty centrifugal pumps, metering pumps, automatic recirculating valves, control & actuators valves, and high-pressure pneumatic systems. While Circor serves diverse geographical segments, most of the company sales are generated in the United States, with valves and pumps under its industrial segment contributing the most to the company's profit.
Executives
Forrest Tiedeman officer: Vice President, Treasury & Tax C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Tony S. Najjar director, officer: President and CEO C/O CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Helmuth Ludwig director CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Arjun Sharma officer: CFO and SVP Bus Development 50 PARK ROW WEST, PROVIDENCE RI 02903
John A Odonnell director 2929 ALLEN PARKWAY, SUITE 2100, HOUSTON TX 77019
Jessica Wiley Wenzell officer: SVP, General Counsel & CPO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Bruce M Lisman director C/O MERCHANTS BANK, 275 KENNEDY DR, S. BURLINGTON VT 05403
Jill D. Smith director 1601 DRY CREEK DRIVE, SUITE 260, LONGMONT CO 80503
Tina Donikowski director 1625 SHARP POINT DRIVE, FORT COLLINS CO 80525
Losak Joseph C. Ii officer: VP Finance, Controller, PAO 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
George Arthur L Jr director 12500 TI BOULEVARD, MS 8476, DALLAS TX 75243
Sumit Mehrotra officer: Group Pres, Adv Flow Solutions CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Tanya Dawkins officer: Director and Treasurer CIRCOR INTERNATIONAL, INC., 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803
Amit Goel officer: VP Finance, Corp. Controller 30 CORPORATE DRIVE, SUITE 200, BURLINGTON MA 01803

Circor International (Circor International) Headlines

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