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Piperndler Cos (FRA:PJR) Cyclically Adjusted PB Ratio : 2.95 (As of May. 17, 2024)


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What is Piperndler Cos Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Piperndler Cos's current share price is €194.00. Piperndler Cos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €65.70. Piperndler Cos's Cyclically Adjusted PB Ratio for today is 2.95.

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

FRA:PJR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.62   Med: 1.28   Max: 3.12
Current: 2.93

During the past years, Piperndler Cos's highest Cyclically Adjusted PB Ratio was 3.12. The lowest was 0.62. And the median was 1.28.

FRA:PJR's Cyclically Adjusted PB Ratio is ranked worse than
75.73% of 478 companies
in the Capital Markets industry
Industry Median: 1.165 vs FRA:PJR: 2.93

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.

Piperndler Cos's adjusted book value per share data for the three months ended in Mar. 2024 was €64.730. 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 €65.70 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Piperndler Cos Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Piperndler Cos'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.

Piperndler Cos Cyclically Adjusted PB Ratio Chart

Piperndler Cos 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 1.38 1.75 2.86 1.92 2.47

Piperndler Cos 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 2.00 1.84 2.05 2.47 2.76

Competitive Comparison of Piperndler Cos's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Piperndler Cos'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.


Piperndler Cos's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Piperndler Cos's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Piperndler Cos 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.

Piperndler Cos's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=194.00/65.7
=2.95

* 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.

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

For example, Piperndler Cos'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)
=64.73/131.7762*131.7762
=64.730

Current CPI (Mar. 2024) = 131.7762.

Piperndler Cos Quarterly Data

Book Value per Share CPI Adj_Book
201406 38.670 100.560 50.674
201409 41.327 100.428 54.227
201412 43.559 99.070 57.939
201503 51.188 99.621 67.710
201506 50.601 100.684 66.227
201509 50.812 100.392 66.697
201512 54.045 99.792 71.367
201603 54.497 100.470 71.478
201606 55.513 101.688 71.939
201609 56.943 101.861 73.666
201612 58.083 101.863 75.140
201703 56.910 102.862 72.907
201706 54.588 103.349 69.603
201709 48.016 104.136 60.761
201712 45.377 104.011 57.490
201803 41.956 105.290 52.510
201806 44.007 106.317 54.545
201809 44.894 106.507 55.545
201812 45.822 105.998 56.966
201903 43.456 107.251 53.393
201906 42.467 108.070 51.783
201909 46.143 108.329 56.130
201912 47.980 108.420 58.316
202003 47.900 108.902 57.961
202006 47.987 108.767 58.138
202009 47.508 109.815 57.009
202012 49.491 109.897 59.344
202103 51.749 111.754 61.020
202106 55.460 114.631 63.755
202109 59.029 115.734 67.211
202112 66.671 117.630 74.689
202203 65.059 121.301 70.677
202206 68.356 125.017 72.052
202209 73.978 125.227 77.847
202212 72.774 125.222 76.583
202303 65.287 127.348 67.557
202306 63.219 128.729 64.716
202309 64.092 129.860 65.038
202312 65.487 129.419 66.680
202403 64.730 131.776 64.730

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.


Piperndler Cos  (FRA:PJR) 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.


Piperndler Cos Cyclically Adjusted PB Ratio Related Terms

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


Piperndler Cos (FRA:PJR) Business Description

Traded in Other Exchanges
Address
800 Nicollet Mall, Suite 900, Minneapolis, MN, USA, 55402
Piper Sandler Cos is an investment banking company. Investment banking services include financial advisory services, management of and participation in underwriting, and public finance activities. It generates maximum revenue from Advisory services followed by Equity financing. The company focuses on the following sectors: healthcare; energy; consumer; diversified industrials and services; business services; technology; financial services; agriculture, clean technologies, and renewables, focusing on middle-market clients.

Piperndler Cos (FRA:PJR) Headlines

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