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Stanley Electric Co (FRA:STAA) Cyclically Adjusted PB Ratio : 1.11 (As of May. 27, 2024)


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What is Stanley Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-05-27), Stanley Electric Co's current share price is €16.30. Stanley Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €14.70. Stanley Electric Co's Cyclically Adjusted PB Ratio for today is 1.11.

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

FRA:STAA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.59   Max: 3.2
Current: 1.2

During the past years, Stanley Electric Co's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 1.02. And the median was 1.59.

FRA:STAA's Cyclically Adjusted PB Ratio is ranked better than
52.01% of 944 companies
in the Vehicles & Parts industry
Industry Median: 1.27 vs FRA:STAA: 1.20

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.

Stanley Electric Co's adjusted book value per share data for the three months ended in Dec. 2023 was €19.374. 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 €14.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stanley Electric Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stanley Electric Co'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.

Stanley Electric Co Cyclically Adjusted PB Ratio Chart

Stanley Electric Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.23 1.80 1.17 1.33 -

Stanley Electric Co 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 1.33 1.28 1.02 1.12 -

Competitive Comparison of Stanley Electric Co's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Stanley Electric Co'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.


Stanley Electric Co's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Stanley Electric Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Stanley Electric Co's Cyclically Adjusted PB Ratio falls into.



Stanley Electric Co 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.

Stanley Electric Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.30/14.7
=1.11

* 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.

Stanley Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Stanley Electric Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=19.374/106.8000*106.8000
=19.374

Current CPI (Dec. 2023) = 106.8000.

Stanley Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.816 95.700 12.071
201406 11.146 98.000 12.147
201409 11.913 98.500 12.917
201412 11.722 97.900 12.788
201503 13.822 97.900 15.079
201506 13.139 98.400 14.261
201509 13.219 98.500 14.333
201512 13.726 98.100 14.943
201603 14.003 97.900 15.276
201606 14.067 98.100 15.315
201609 15.046 98.000 16.397
201612 15.334 98.400 16.643
201703 15.863 98.100 17.270
201706 15.592 98.500 16.906
201709 15.349 98.800 16.592
201712 15.667 99.400 16.833
201803 16.002 99.200 17.228
201806 16.528 99.200 17.794
201809 16.842 99.900 18.005
201812 17.110 99.700 18.328
201903 18.013 99.700 19.296
201906 18.589 99.800 19.893
201909 19.312 100.100 20.605
201912 19.336 100.500 20.548
202003 18.635 100.300 19.843
202006 18.291 99.900 19.554
202009 17.993 99.900 19.236
202012 18.239 99.300 19.617
202103 19.233 99.900 20.561
202106 19.085 99.500 20.485
202109 19.614 100.100 20.927
202112 20.145 100.100 21.493
202203 20.819 101.100 21.993
202206 19.977 101.800 20.958
202209 20.431 103.100 21.164
202212 19.332 104.100 19.833
202303 20.108 104.400 20.570
202306 19.712 105.200 20.012
202309 19.771 106.200 19.883
202312 19.374 106.800 19.374

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.


Stanley Electric Co  (FRA:STAA) 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.


Stanley Electric Co Cyclically Adjusted PB Ratio Related Terms

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


Stanley Electric Co (FRA:STAA) Business Description

Traded in Other Exchanges
Address
2-9-13 Nakameguro, Meguro-ku, Tokyo, JPN, 153-8636
Stanley Electric Co Ltd makes LED lighting products and operates under three business segments: automotive equipment, electronic components, and applied electronic products. In its automotive equipment business, Stanley Electric produces and sells LED and HID headlamps, rear combination lamps, fog lamps, and automotive and LED bulbs. This business segment generates the lion's share of sales. In its other segments, Stanley Electric makes LEDs, infrared LED lamps, optical sensors, LCDs, subminiature lamps, backlight units for LCDs, flash units for cameras, and operation panels. The largest end markets include Japan, China and Asia-Pacific, and the Americas.