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Stratasys (Stratasys) Cyclically Adjusted PB Ratio : 0.36 (As of Apr. 27, 2024)


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What is Stratasys Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Stratasys's current share price is $10.02. Stratasys's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $28.14. Stratasys's Cyclically Adjusted PB Ratio for today is 0.36.

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

SSYS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.35   Med: 0.92   Max: 12.82
Current: 0.36

During the past years, Stratasys's highest Cyclically Adjusted PB Ratio was 12.82. The lowest was 0.35. And the median was 0.92.

SSYS's Cyclically Adjusted PB Ratio is ranked better than
91.33% of 1833 companies
in the Hardware industry
Industry Median: 1.57 vs SSYS: 0.36

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.

Stratasys's adjusted book value per share data for the three months ended in Dec. 2023 was $12.703. 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 $28.14 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stratasys Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stratasys'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.

Stratasys Cyclically Adjusted PB Ratio Chart

Stratasys 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 0.76 0.74 0.81 0.37 0.51

Stratasys 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 0.37 0.53 0.58 0.46 0.51

Competitive Comparison of Stratasys's Cyclically Adjusted PB Ratio

For the Computer Hardware subindustry, Stratasys'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.


Stratasys's Cyclically Adjusted PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Stratasys's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stratasys 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.02/28.14
=0.36

* 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.

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

For example, Stratasys'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)
=12.703/129.4194*129.4194
=12.703

Current CPI (Dec. 2023) = 129.4194.

Stratasys Quarterly Data

Book Value per Share CPI Adj_Book
201403 50.915 99.695 66.096
201406 50.978 100.560 65.608
201409 51.420 100.428 66.264
201412 49.698 99.070 64.923
201503 45.479 99.621 59.083
201506 44.646 100.684 57.388
201509 27.241 100.392 35.118
201512 22.822 99.792 29.598
201603 22.558 100.470 29.058
201606 22.197 101.688 28.250
201609 21.790 101.861 27.685
201612 21.578 101.863 27.415
201703 21.387 102.862 26.909
201706 21.395 103.349 26.792
201709 21.309 104.136 26.483
201712 21.116 104.011 26.274
201803 21.010 105.290 25.825
201806 20.929 106.317 25.477
201809 20.990 106.507 25.506
201812 21.197 105.998 25.881
201903 21.219 107.251 25.605
201906 21.277 108.070 25.480
201909 21.216 108.329 25.346
201912 21.255 108.420 25.372
202003 20.790 108.902 24.707
202006 20.312 108.767 24.169
202009 13.006 109.815 15.328
202012 13.412 109.897 15.795
202103 14.901 111.754 17.256
202106 14.700 114.631 16.596
202109 14.518 115.734 16.235
202112 14.556 117.630 16.015
202203 14.196 121.301 15.146
202206 13.840 125.017 14.327
202209 14.206 125.227 14.682
202212 14.302 125.222 14.781
202303 13.868 127.348 14.094
202306 13.391 128.729 13.463
202309 12.769 129.860 12.726
202312 12.703 129.419 12.703

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.


Stratasys  (NAS:SSYS) 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.


Stratasys Cyclically Adjusted PB Ratio Related Terms

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


Stratasys (Stratasys) Business Description

Industry
Traded in Other Exchanges
Address
c/o Stratasys, Inc, 7665 Commerce Way, Eden Prairie, MN, USA, 55344
Stratasys Ltd is a provider of 3D printing and additive manufacturing solutions. The company's patented fused deposition modeling and PolyJet printing technologies print prototypes and manufactured goods directly from 3D CAD files or other 3D content. Its subsidiaries include printer makers MakerBot and Solidscape. It generates revenue through 3D printing systems, related services, and consumables and by providing additive manufacturing solutions.