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Beiersdorf AG (Beiersdorf AG) Cyclically Adjusted PB Ratio : 4.66 (As of Apr. 27, 2024)


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What is Beiersdorf AG Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Beiersdorf AG's current share price is $149.58. Beiersdorf AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $32.10. Beiersdorf AG's Cyclically Adjusted PB Ratio for today is 4.66.

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

BDRFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.65   Med: 5.83   Max: 7.43
Current: 4.62

During the past 13 years, Beiersdorf AG's highest Cyclically Adjusted PB Ratio was 7.43. The lowest was 3.65. And the median was 5.83.

BDRFF's Cyclically Adjusted PB Ratio is ranked worse than
87.71% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs BDRFF: 4.62

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.

Beiersdorf AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was $40.011. 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 $32.10 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beiersdorf AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beiersdorf 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.

Beiersdorf AG Cyclically Adjusted PB Ratio Chart

Beiersdorf 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 5.53 4.59 3.93 4.02 4.61

Beiersdorf 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 3.93 - 4.02 - 4.61

Competitive Comparison of Beiersdorf AG's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Beiersdorf 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.


Beiersdorf AG's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Beiersdorf AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Beiersdorf 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=149.58/32.1
=4.66

* 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.

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

For example, Beiersdorf 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)
=40.011/123.6675*123.6675
=40.011

Current CPI (Dec23) = 123.6675.

Beiersdorf AG Annual Data

Book Value per Share CPI Adj_Book
201412 19.728 99.543 24.509
201512 20.113 99.717 24.944
201612 21.653 101.217 26.456
201712 26.630 102.617 32.093
201812 28.203 104.217 33.467
201912 29.715 105.818 34.727
202012 33.463 105.518 39.219
202112 34.229 110.384 38.348
202212 36.359 119.345 37.676
202312 40.011 123.668 40.011

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.


Beiersdorf AG  (OTCPK:BDRFF) 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.


Beiersdorf AG Cyclically Adjusted PB Ratio Related Terms

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


Beiersdorf AG (Beiersdorf AG) Business Description

Address
Unnastrasse 48, Hamburg, DEU, 20245
Beiersdorf is a Germany-based company engaged in producing personal-care products, with a focus on manufacturing cosmetic products. The company operates through two business segments. Consumer provides skincare and beauty care products and operates portfolio brands such as Nivea, Eucerin, La Prairie, Labello, Hansaplast, Elastoplast, and Florena. The other business segment markets self-adhesive system and product solutions, primarily for industrial customers, under the Tesa brand. Beiersdorf is majority-owned by Maxingvest.

Beiersdorf AG (Beiersdorf AG) Headlines