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Rockwell Automation (LTS:0KXA) Cyclically Adjusted PB Ratio : 12.73 (As of May. 24, 2024)


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What is Rockwell Automation Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Rockwell Automation's current share price is $262.515. Rockwell Automation's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $20.62. Rockwell Automation's Cyclically Adjusted PB Ratio for today is 12.73.

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

LTS:0KXA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.33   Med: 10.85   Max: 20.93
Current: 12.64

During the past years, Rockwell Automation's highest Cyclically Adjusted PB Ratio was 20.93. The lowest was 6.33. And the median was 10.85.

LTS:0KXA's Cyclically Adjusted PB Ratio is ranked worse than
96.54% of 2081 companies
in the Industrial Products industry
Industry Median: 1.85 vs LTS:0KXA: 12.64

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.

Rockwell Automation's adjusted book value per share data for the three months ended in Mar. 2024 was $31.083. 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 $20.62 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Rockwell Automation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Rockwell Automation'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.

Rockwell Automation Cyclically Adjusted PB Ratio Chart

Rockwell Automation Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.34 14.10 17.56 11.54 14.18

Rockwell Automation 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 15.16 16.62 14.18 15.34 14.06

Competitive Comparison of Rockwell Automation's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Rockwell Automation'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.


Rockwell Automation's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

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

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



Rockwell Automation 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.

Rockwell Automation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=262.515/20.62
=12.73

* 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.

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

For example, Rockwell Automation'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)
=31.083/131.7762*131.7762
=31.083

Current CPI (Mar. 2024) = 131.7762.

Rockwell Automation Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.742 100.560 25.871
201409 19.445 100.428 25.515
201412 18.968 99.070 25.230
201503 19.071 99.621 25.227
201506 19.060 100.684 24.946
201509 17.045 100.392 22.374
201512 17.018 99.792 22.472
201603 17.009 100.470 22.309
201606 16.393 101.688 21.243
201609 15.487 101.861 20.035
201612 15.939 101.863 20.620
201703 17.059 102.862 21.854
201706 16.968 103.349 21.635
201709 20.745 104.136 26.251
201712 16.874 104.011 21.378
201803 15.506 105.290 19.407
201806 11.726 106.317 14.534
201809 13.357 106.507 16.526
201812 10.660 105.998 13.252
201903 11.290 107.251 13.872
201906 9.884 108.070 12.052
201909 3.494 108.329 4.250
201912 6.171 108.420 7.500
202003 5.360 108.902 6.486
202006 6.644 108.767 8.049
202009 8.845 109.815 10.614
202012 13.410 109.897 16.080
202103 15.655 111.754 18.460
202106 19.561 114.631 22.487
202109 20.600 115.734 23.455
202112 21.558 117.630 24.151
202203 22.640 121.301 24.595
202206 20.715 125.017 21.835
202209 23.660 125.227 24.897
202212 25.394 125.222 26.723
202303 27.469 127.348 28.424
202306 29.107 128.729 29.796
202309 31.024 129.860 31.482
202312 31.483 129.419 32.056
202403 31.083 131.776 31.083

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.


Rockwell Automation  (LTS:0KXA) 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.


Rockwell Automation Cyclically Adjusted PB Ratio Related Terms

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


Rockwell Automation (LTS:0KXA) Business Description

Traded in Other Exchanges
Address
1201 South Second Street, Milwaukee, WI, USA, 53204
Rockwell Automation is a pure-play automation competitor that is the successor entity to Rockwell International, which spun off its former Rockwell Collins avionics segment in 2001. As of fiscal 2021, the firm operates through three segments--intelligent devices, software and control, and lifecycle services. Intelligent devices contains its drives, sensors, and industrial components, software and control contains its information and network and security software, while lifecycle services contains its consulting and maintenance services as well as its Sensia JV with SLB.

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