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The Estee Lauder (The Estee Lauder) Cyclically Adjusted PB Ratio : 9.84 (As of Apr. 27, 2024)


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What is The Estee Lauder Cyclically Adjusted PB Ratio?

As of today (2024-04-27), The Estee Lauder's current share price is $147.45. The Estee Lauder's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.98. The Estee Lauder's Cyclically Adjusted PB Ratio for today is 9.84.

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

EL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.42   Med: 13.99   Max: 30
Current: 9.85

During the past years, The Estee Lauder's highest Cyclically Adjusted PB Ratio was 30.00. The lowest was 7.42. And the median was 13.99.

EL's Cyclically Adjusted PB Ratio is ranked worse than
95.36% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs EL: 9.85

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.

The Estee Lauder's adjusted book value per share data for the three months ended in Dec. 2023 was $15.936. 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 $14.98 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Estee Lauder Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Estee Lauder'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.

The Estee Lauder Cyclically Adjusted PB Ratio Chart

The Estee Lauder Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.61 17.93 26.82 18.47 13.31

The Estee Lauder Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 17.59 17.01 13.31 9.67 9.77

Competitive Comparison of The Estee Lauder's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, The Estee Lauder'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.


The Estee Lauder's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



The Estee Lauder 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.

The Estee Lauder's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=147.45/14.98
=9.84

* 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.

The Estee Lauder's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Estee Lauder'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)
=15.936/129.4194*129.4194
=15.936

Current CPI (Dec. 2023) = 129.4194.

The Estee Lauder Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.577 99.695 12.432
201406 10.068 100.560 12.957
201409 9.916 100.428 12.779
201412 10.078 99.070 13.165
201503 10.189 99.621 13.237
201506 9.718 100.684 12.492
201509 9.416 100.392 12.139
201512 9.756 99.792 12.652
201603 10.325 100.470 13.300
201606 9.713 101.688 12.362
201609 9.983 101.861 12.684
201612 10.360 101.863 13.163
201703 11.202 102.862 14.094
201706 11.910 103.349 14.914
201709 12.838 104.136 15.955
201712 12.402 104.011 15.432
201803 12.826 105.290 15.765
201806 12.769 106.317 15.544
201809 12.090 106.507 14.691
201812 11.900 105.998 14.529
201903 12.682 107.251 15.303
201906 12.146 108.070 14.546
201909 12.559 108.329 15.004
201912 12.727 108.420 15.192
202003 12.025 108.902 14.291
202006 10.915 108.767 12.987
202009 12.316 109.815 14.515
202012 14.949 109.897 17.605
202103 15.247 111.754 17.657
202106 16.743 114.631 18.903
202109 16.861 115.734 18.855
202112 17.307 117.630 19.042
202203 17.187 121.301 18.337
202206 15.656 125.017 16.207
202209 15.452 125.227 15.969
202212 16.526 125.222 17.080
202303 16.445 127.348 16.713
202306 15.617 128.729 15.701
202309 14.928 129.860 14.877
202312 15.936 129.419 15.936

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.


The Estee Lauder  (NYSE:EL) 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.


The Estee Lauder Cyclically Adjusted PB Ratio Related Terms

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


The Estee Lauder (The Estee Lauder) Business Description

Address
767 Fifth Avenue, New York, NY, USA, 10153
Estee Lauder is a leader in the global prestige beauty market, participating across skin care (56% of 2022 sales), makeup (26%), fragrance (14%), and hair care (4%) categories, with top-selling brands such as Estee Lauder, Clinique, M.A.C, La Mer, Jo Malone London, Aveda, Bobbi Brown, and Origins. The firm operates in more than 150 countries, generating 26% of revenue from the Americas, 43% from Europe, the Middle East and Africa (including travel retail), and 31% from Asia Pacific. Estee Lauder sells its products through department stores, travel retail, specialty multibrand beauty stores, brand-dedicated freestanding stores, e-commerce, salons/spas, and perfumeries.
Executives
Charlene Barshefsky director
Jane Lauder director 767 FIFTH AVENUE, NEW YORK NY 10153
Hudis Jane Hertzmark officer: Group President C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Carl P. Haney officer: EVP-Global R&D C/O ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Jennifer Hyman director 767 FIFTH AVENUE, C/O THE ESTEE LAUDER COMPANIES INC., NEW YORK NY 10153
Fabrizio Freda officer: President and COO 767 FIFTH AVENUE, NEW YORK NY 10153
De La Faverie Stephane officer: Executive Group President C/O THE ESTEE LAUDER COMPANIES INC., NEW YORK NY 10153
Michael O'hare officer: EVP-Global Human Resources 767 FIFTH AVENUE, NEW YORK NY 10153
Wei Sun Christianson director MORGAN STANLEY, TOWER 1, 18 TAIPINGQIAO ST. XICHENG DIST, BEIJING F4 1000032
Barry S Sternlicht director STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Angela Wei Dong director C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Peter Jueptner officer: President, International
Arturo Nunez director C/O THE ESTEE LAUDER COMPANIES INC., 767 FIFTH AVENUE, NEW YORK NY 10153
Ronald S Lauder director, 10 percent owner, officer: Chairman Clinique Labs, Inc. 767 FIFTH AVENUE, NEW YORK NY 10153
John Demsey officer: Group President 767 FIFTH AVENUE, NEW YORK NY 10036