GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Gorman-Rupp Co (NYSE:GRC) » Definitions » Cyclically Adjusted PB Ratio

Gorman-Rupp Co (Gorman-Rupp Co) Cyclically Adjusted PB Ratio : 2.52 (As of Jun. 09, 2024)


View and export this data going back to 1972. Start your Free Trial

What is Gorman-Rupp Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Gorman-Rupp Co's current share price is $36.26. Gorman-Rupp Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.41. Gorman-Rupp Co's Cyclically Adjusted PB Ratio for today is 2.52.

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

GRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.71   Med: 3.09   Max: 5.33
Current: 2.52

During the past years, Gorman-Rupp Co's highest Cyclically Adjusted PB Ratio was 5.33. The lowest was 1.71. And the median was 3.09.

GRC's Cyclically Adjusted PB Ratio is ranked worse than
61.8% of 2173 companies
in the Industrial Products industry
Industry Median: 1.89 vs GRC: 2.52

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.

Gorman-Rupp Co's adjusted book value per share data for the three months ended in Mar. 2024 was $13.494. 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 $14.41 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gorman-Rupp Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gorman-Rupp 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.

Gorman-Rupp Co Cyclically Adjusted PB Ratio Chart

Gorman-Rupp Co 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 3.38 2.80 3.51 1.88 2.51

Gorman-Rupp 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 1.80 2.05 2.32 2.51 2.74

Competitive Comparison of Gorman-Rupp Co's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Gorman-Rupp 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.


Gorman-Rupp Co's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Gorman-Rupp Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Gorman-Rupp Co's Cyclically Adjusted PB Ratio falls into.



Gorman-Rupp 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.

Gorman-Rupp Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.26/14.41
=2.52

* 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.

Gorman-Rupp Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Gorman-Rupp Co'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)
=13.494/131.7762*131.7762
=13.494

Current CPI (Mar. 2024) = 131.7762.

Gorman-Rupp Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.600 100.560 13.891
201409 10.804 100.428 14.176
201412 10.737 99.070 14.282
201503 10.815 99.621 14.306
201506 11.035 100.684 14.443
201509 11.073 100.392 14.535
201512 11.004 99.792 14.531
201603 11.207 100.470 14.699
201606 11.355 101.688 14.715
201609 11.538 101.861 14.927
201612 11.608 101.863 15.017
201703 11.757 102.862 15.062
201706 12.046 103.349 15.359
201709 12.219 104.136 15.462
201712 12.468 104.011 15.796
201803 12.738 105.290 15.942
201806 13.006 106.317 16.121
201809 13.315 106.507 16.474
201812 11.224 105.998 13.954
201903 11.367 107.251 13.966
201906 11.688 108.070 14.252
201909 11.874 108.329 14.444
201912 11.811 108.420 14.355
202003 11.818 108.902 14.300
202006 12.020 108.767 14.563
202009 12.245 109.815 14.694
202012 12.088 109.897 14.495
202103 12.201 111.754 14.387
202106 12.443 114.631 14.304
202109 12.611 115.734 14.359
202112 12.641 117.630 14.161
202203 12.778 121.301 13.881
202206 12.553 125.017 13.232
202209 12.530 125.227 13.185
202212 12.692 125.222 13.356
202303 12.661 127.348 13.101
202306 13.040 128.729 13.349
202309 13.239 129.860 13.434
202312 13.341 129.419 13.584
202403 13.494 131.776 13.494

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.


Gorman-Rupp Co  (NYSE:GRC) 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.


Gorman-Rupp Co Cyclically Adjusted PB Ratio Related Terms

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


Gorman-Rupp Co (Gorman-Rupp Co) Business Description

Traded in Other Exchanges
Address
600 South Airport Road, Mansfield, OH, USA, 44903
Gorman-Rupp Co designs, manufactures and globally sells pumps & pump systems for use in water, wastewater, construction, dewatering, industrial, petroleum, original equipment, agriculture, fire protection, heating, ventilating & air conditioning, military, and other liquid-handling applications. It operates in one business segment, the manufacture & sale of pumps and pump systems, and generates revenue from the same. Geographically, it generates the majority of revenue from the United States.
Executives
Charmaine R Riggins director 6524 RESERVE PINE DRIVE, CARY NC 27519
Kenneth R Reynolds director 1424 GREENBRIER DRIVE, MT VERNON OH 43050
Scott A King officer: Vice President 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
M Ann Harlan director
Jeffrey S Gorman director, officer: President & CEO C/O GORMAN RUPP CO, POST OFFICE BOX 1218, MANSFIELD OH 44901
Christopher H Lake director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901
D Patrick Wischmeier officer: VP, Information Technology 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Angela M Morehead officer: Treasurer and Asst. Secretary 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
Vincent K Petrella director
Donald H Bullock director
Sonja K Mcclelland director ONE TECHNOLOGY WAY, INDIANAPOLIS IN 46268
Ronald D Pittenger officer: Assistant Treasurer THE GORMAN-RUPP COMPANY, 305 BOWMAN STREET, MANSFIELD OH 44903
Barbara A Woodman officer: VP, Human Resources 600 SOUTH AIRPORT ROAD, MANSFIELD OH 44903
James Kerr officer: Chief Financial Officer 5555 DARROW ROAD, HUDSON OH 44236
W Wayne Walston director C/O GORMAN RUPP CO, PO BOX 1217, MANSFIELD OH 44901

Gorman-Rupp Co (Gorman-Rupp Co) Headlines

From GuruFocus

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 07-29-2022

Gorman-Rupp Reports Fourth Quarter and Full-Year 2020 Financial Results

By Business Wire Business Wire 02-05-2021

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 04-29-2022

Gorman-Rupp Reports First Quarter 2020 Financial Results

By Business Wire Business Wire 04-23-2020

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 07-24-2020

Gorman-Rupp Announces Charmaine R. Riggins Elected as New Director

By Business Wire Business Wire 04-28-2023

Gorman-Rupp Co (GRC) Reports Q3 2023 Financial Results

By GuruFocus Research 10-27-2023

Gorman-Rupp Company Declares Cash Dividend

By Business Wire Business Wire 07-23-2021