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Stanley Electric Co (Stanley Electric Co) Cyclically Adjusted PB Ratio : 1.10 (As of Jun. 09, 2024)


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What is Stanley Electric Co Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Stanley Electric Co's current share price is $9.46. Stanley Electric Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.61. Stanley Electric Co's Cyclically Adjusted PB Ratio for today is 1.10.

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

STAEY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.58   Max: 3.2
Current: 1.19

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 1.58.

STAEY's Cyclically Adjusted PB Ratio is ranked better than
54.3% of 1000 companies
in the Vehicles & Parts industry
Industry Median: 1.33 vs STAEY: 1.19

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 $10.564. 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 $8.61 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
=9.46/8.61
=1.10

* 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)
=10.564/106.8000*106.8000
=10.564

Current CPI (Dec. 2023) = 106.8000.

Stanley Electric Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.480 95.700 8.348
201406 7.572 98.000 8.252
201409 7.676 98.500 8.323
201412 7.227 97.900 7.884
201503 7.479 97.900 8.159
201506 7.373 98.400 8.002
201509 7.418 98.500 8.043
201512 7.476 98.100 8.139
201603 7.797 97.900 8.506
201606 7.903 98.100 8.604
201609 8.443 98.000 9.201
201612 8.087 98.400 8.777
201703 8.483 98.100 9.235
201706 8.760 98.500 9.498
201709 9.147 98.800 9.888
201712 9.270 99.400 9.960
201803 9.866 99.200 10.622
201806 9.654 99.200 10.394
201809 9.826 99.900 10.505
201812 9.732 99.700 10.425
201903 10.177 99.700 10.902
201906 10.502 99.800 11.239
201909 10.634 100.100 11.346
201912 10.742 100.500 11.415
202003 10.296 100.300 10.963
202006 10.299 99.900 11.010
202009 10.596 99.900 11.328
202012 11.094 99.300 11.932
202103 11.448 99.900 12.239
202106 11.497 99.500 12.340
202109 11.538 100.100 12.310
202112 11.381 100.100 12.143
202203 11.464 101.100 12.110
202206 10.559 101.800 11.078
202209 10.115 103.100 10.478
202212 10.239 104.100 10.505
202303 10.765 104.400 11.012
202306 10.678 105.200 10.840
202309 10.550 106.200 10.610
202312 10.564 106.800 10.564

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  (OTCPK:STAEY) 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 (Stanley Electric Co) 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.

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