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Daetwyler Holding AG (XSWX:DAE) Cyclically Adjusted PB Ratio : 4.35 (As of May. 26, 2024)


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What is Daetwyler Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Daetwyler Holding AG's current share price is CHF194.80. Daetwyler Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF44.74. Daetwyler Holding AG's Cyclically Adjusted PB Ratio for today is 4.35.

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

XSWX:DAE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.16   Med: 3.74   Max: 9.22
Current: 4.35

During the past 13 years, Daetwyler Holding AG's highest Cyclically Adjusted PB Ratio was 9.22. The lowest was 2.16. And the median was 3.74.

XSWX:DAE's Cyclically Adjusted PB Ratio is ranked worse than
82.11% of 123 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs XSWX:DAE: 4.35

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.

Daetwyler Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF22.718. 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 CHF44.74 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Daetwyler Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Daetwyler Holding AG'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.

Daetwyler Holding AG Cyclically Adjusted PB Ratio Chart

Daetwyler Holding AG 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 4.31 5.89 8.78 4.00 4.36

Daetwyler Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 8.78 - 4.00 - 4.36

Competitive Comparison of Daetwyler Holding AG's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, Daetwyler Holding AG'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.


Daetwyler Holding AG's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, Daetwyler Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Daetwyler Holding AG 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.

Daetwyler Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=194.80/44.74
=4.35

* 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.

Daetwyler Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Daetwyler Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=22.718/106.4612*106.4612
=22.718

Current CPI (Dec23) = 106.4612.

Daetwyler Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 46.212 100.704 48.854
201512 44.140 99.386 47.282
201612 47.382 99.380 50.758
201712 52.853 100.213 56.148
201812 48.671 100.906 51.350
201912 39.712 101.063 41.833
202012 43.241 100.241 45.924
202112 55.782 101.776 58.350
202212 23.741 104.666 24.148
202312 22.718 106.461 22.718

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.


Daetwyler Holding AG  (XSWX:DAE) 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.


Daetwyler Holding AG Cyclically Adjusted PB Ratio Related Terms

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Daetwyler Holding AG (XSWX:DAE) Business Description

Traded in Other Exchanges
Address
Gotthardstrasse 31, Altdorf, CHE, 6460
Daetwyler Holding is an international industrial supplier of elastomer products. Elastomer is a rubberlike, flexible material composed of polymers. The company focuses on supplying two markets: healthcare and industrial solutions. The healthcare segment offers components for delivery of injectable drugs and diagnostics in the pharmaceutical and medical markets. The industrial solutions segment manufactures customized system-critical components for applications in the mobility, food and beverage, oil and gas, and general industry markets. In 2020, the company discontinued its electronic and technical components segment with the sale of its distribution companies, Distrelec and Nedis. The majority of revenue comes from Europe, followed by the Americas and Asia and other markets.

Daetwyler Holding AG (XSWX:DAE) Headlines

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