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Gentherm (STU:QA4A) Cyclically Adjusted PB Ratio : 2.83 (As of May. 26, 2024)


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What is Gentherm Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Gentherm's current share price is €45.60. Gentherm's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.12. Gentherm's Cyclically Adjusted PB Ratio for today is 2.83.

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

STU:QA4A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.39   Med: 5.8   Max: 16.95
Current: 2.76

During the past years, Gentherm's highest Cyclically Adjusted PB Ratio was 16.95. The lowest was 2.39. And the median was 5.80.

STU:QA4A's Cyclically Adjusted PB Ratio is ranked worse than
74.28% of 941 companies
in the Vehicles & Parts industry
Industry Median: 1.29 vs STU:QA4A: 2.76

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.

Gentherm's adjusted book value per share data for the three months ended in Mar. 2024 was €18.821. 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 €16.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Gentherm Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Gentherm'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.

Gentherm Cyclically Adjusted PB Ratio Chart

Gentherm 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 4.66 5.97 6.52 4.22 3.03

Gentherm 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 3.76 3.41 3.19 3.03 3.23

Competitive Comparison of Gentherm's Cyclically Adjusted PB Ratio

For the Auto Parts subindustry, Gentherm'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.


Gentherm's Cyclically Adjusted PB Ratio Distribution in the Vehicles & Parts Industry

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

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



Gentherm 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.

Gentherm's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.60/16.12
=2.83

* 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.

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

For example, Gentherm'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)
=18.821/131.7762*131.7762
=18.821

Current CPI (Mar. 2024) = 131.7762.

Gentherm Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.659 100.560 7.416
201409 6.099 100.428 8.003
201412 6.684 99.070 8.891
201503 7.663 99.621 10.136
201506 8.077 100.684 10.571
201509 8.671 100.392 11.382
201512 9.713 99.792 12.826
201603 10.047 100.470 13.178
201606 10.267 101.688 13.305
201609 10.867 101.861 14.058
201612 11.947 101.863 15.455
201703 12.659 102.862 16.217
201706 12.882 103.349 16.425
201709 12.600 104.136 15.944
201712 12.731 104.011 16.129
201803 13.455 105.290 16.840
201806 13.837 106.317 17.151
201809 13.193 106.507 16.323
201812 12.454 105.998 15.483
201903 12.583 107.251 15.460
201906 12.422 108.070 15.147
201909 12.524 108.329 15.235
201912 13.334 108.420 16.206
202003 13.059 108.902 15.802
202006 12.768 108.767 15.469
202009 13.296 109.815 15.955
202012 14.640 109.897 17.555
202103 15.545 111.754 18.330
202106 16.157 114.631 18.574
202109 16.769 115.734 19.093
202112 17.530 117.630 19.638
202203 17.975 121.301 19.527
202206 18.364 125.017 19.357
202209 18.988 125.227 19.981
202212 19.114 125.222 20.114
202303 19.181 127.348 19.848
202306 18.762 128.729 19.206
202309 18.859 129.860 19.137
202312 18.744 129.419 19.085
202403 18.821 131.776 18.821

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.


Gentherm  (STU:QA4A) 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.


Gentherm Cyclically Adjusted PB Ratio Related Terms

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


Gentherm (STU:QA4A) Business Description

Traded in Other Exchanges
Address
21680 Haggerty Road, Northville, MI, USA, 48167
Gentherm Inc is an automotive parts manufacturer. The business activities of the group function through the Automotive and Medical segments. The vast majority of the firm's revenue comes from the Automotive segment, which includes automotive climate comfort systems, automotive cable systems, battery performance solutions, and automotive electronics and software systems. The medical segment is comprised of the results from the patient temperature management business in the medical industry. Its geographical segments are the United States, China, South Korea, Germany, Japan, the Czech Republic, and other countries.

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