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Kimberly-Clark (Kimberly-Clark) Cyclically Adjusted PB Ratio : 80.50 (As of Apr. 28, 2024)


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What is Kimberly-Clark Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Kimberly-Clark's current share price is $135.24. Kimberly-Clark's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.68. Kimberly-Clark's Cyclically Adjusted PB Ratio for today is 80.50.

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

KMB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.19   Med: 12.97   Max: 80.5
Current: 80.46

During the past years, Kimberly-Clark's highest Cyclically Adjusted PB Ratio was 80.50. The lowest was 6.19. And the median was 12.97.

KMB's Cyclically Adjusted PB Ratio is ranked worse than
99.67% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs KMB: 80.46

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.

Kimberly-Clark's adjusted book value per share data for the three months ended in Mar. 2024 was $3.100. 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 $1.68 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kimberly-Clark Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kimberly-Clark'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.

Kimberly-Clark Cyclically Adjusted PB Ratio Chart

Kimberly-Clark 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 19.32 23.67 31.27 41.36 60.61

Kimberly-Clark 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 44.81 51.28 51.11 60.61 76.96

Competitive Comparison of Kimberly-Clark's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Kimberly-Clark'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.


Kimberly-Clark's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Kimberly-Clark 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.

Kimberly-Clark's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=135.24/1.68
=80.50

* 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.

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

For example, Kimberly-Clark'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)
=3.1/129.4194*129.4194
=3.100

Current CPI (Mar. 2024) = 129.4194.

Kimberly-Clark Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.337 100.560 15.878
201409 11.450 100.428 14.755
201412 1.996 99.070 2.607
201503 0.530 99.621 0.689
201506 1.417 100.684 1.821
201509 0.149 100.392 0.192
201512 -0.482 99.792 -0.625
201603 0.303 100.470 0.390
201606 0.545 101.688 0.694
201609 0.834 101.861 1.060
201612 -0.286 101.863 -0.363
201703 0.383 102.862 0.482
201706 0.289 103.349 0.362
201709 0.736 104.136 0.915
201712 1.792 104.011 2.230
201803 0.907 105.290 1.115
201806 -0.164 106.317 -0.200
201809 -0.384 106.507 -0.467
201812 -0.832 105.998 -1.016
201903 -0.887 107.251 -1.070
201906 -0.517 108.070 -0.619
201909 -0.411 108.329 -0.491
201912 -0.097 108.420 -0.116
202003 -0.490 108.902 -0.582
202006 0.786 108.767 0.935
202009 0.984 109.815 1.160
202012 1.848 109.897 2.176
202103 1.534 111.754 1.776
202106 1.555 114.631 1.756
202109 1.408 115.734 1.574
202112 1.526 117.630 1.679
202203 2.092 121.301 2.232
202206 1.757 125.017 1.819
202209 1.295 125.227 1.338
202212 1.621 125.222 1.675
202303 2.131 127.348 2.166
202306 1.478 128.729 1.486
202309 2.012 129.860 2.005
202312 2.715 129.419 2.715
202403 3.100 129.419 3.100

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.


Kimberly-Clark  (NYSE:KMB) 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.


Kimberly-Clark Cyclically Adjusted PB Ratio Related Terms

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


Kimberly-Clark (Kimberly-Clark) Business Description

Address
P.O. Box 619100, Dallas, TX, USA, 75261-9100
With more than half of sales from personal care and another third from tissue products, Kimberly-Clark sits as a leading manufacturer in the tissue and hygiene realm. Its brand mix includes Huggies, Pull-Ups, Kotex, Depend, Kleenex, and Cottonelle. The firm also operates K-C Professional, which partners with businesses to provide safety and sanitary products for the workplace. Kimberly-Clark generates just over of half its sales in North America and more than 10% in Europe, with the rest primarily concentrated in Asia and Latin America.
Executives
Jeffrey P. Melucci officer: SVP - General Counsel 351 PHELPS DRIVE, IRVING TX 75038
Zackery A Hicks officer: Chief Digital & Technology Off C/O SIGNET JEWELERS LIMITED, 375 GHENT ROAD, AKRON OH 44333
Deeptha Khanna director PO BOX 619100, DALLAS TX 75261
Sandra R Karrmann officer: Chief Human Resources Officer P.O. BOX 619100, DALLAS TX 75261-9100
Doug Cunningham officer: President, EMEA PO BOX 619100, DALLAS TX 75261
Andrew Drexler officer: Vice President and Controller C/O GNC HOLDINGS, INC., 300 SIXTH AVENUE, PITTSBURGH PA 15222
Michael D. Hsu officer: Group Pres., NACP C/O KRAFT FOODS GROUP, INC., THREE LAKES DRIVE, NORTHFIELD IL 60048
Tristram Wilkinson officer: President, EMEA P.O. BOX 619100, DALLAS TX 75261-9100
Tamera Fenske officer: Chief Supply Chain Officer PO BOX 619100, DALLAS TX 75261
Sylvia M Mathews director P.O. BOX 619100, DALLAS TX 75261
Nelson Urdaneta officer: Chief Financial Officer C/O MONDELEZ INTERNATIONAL, INC., THREE PARKWAY NORTH, DEERFIELD IL 60015
Todd Maclin director P.O. BOX 619100, DALLAS TX 75261
Ehab Abou-oaf officer: President KCP PO BOX 619100, DALLAS TX 75261
Deirdre Mahlan director 1201 DOWDELL LANE, SAINT HELENA CA 94574
Jaime A Ramirez director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053

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