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Brady (BRC) Cyclically Adjusted PB Ratio : 3.55 (As of Jun. 08, 2024)


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What is Brady Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Brady's current share price is $66.40. Brady's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 was $18.68. Brady's Cyclically Adjusted PB Ratio for today is 3.55.

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

BRC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.07   Med: 2.31   Max: 3.65
Current: 3.56

During the past years, Brady's highest Cyclically Adjusted PB Ratio was 3.65. The lowest was 1.07. And the median was 2.31.

BRC's Cyclically Adjusted PB Ratio is ranked worse than
75.22% of 682 companies
in the Business Services industry
Industry Median: 1.59 vs BRC: 3.56

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.

Brady's adjusted book value per share data for the three months ended in Apr. 2024 was $21.527. 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 $18.68 for the trailing ten years ended in Apr. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brady Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brady'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.

Brady Cyclically Adjusted PB Ratio Chart

Brady Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.91 2.65 3.11 2.62 2.81

Brady Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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 2.80 2.81 2.79 3.26 3.16

Competitive Comparison of Brady's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, Brady'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.


Brady's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Brady's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Brady 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=66.40/18.68
=3.55

* 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.

Brady's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2024 is calculated as:

For example, Brady's adjusted Book Value per Share data for the three months ended in Apr. 2024 was:

Adj_Book=Book Value per Share/CPI of Apr. 2024 (Change)*Current CPI (Apr. 2024)
=21.527/131.7762*131.7762
=21.527

Current CPI (Apr. 2024) = 131.7762.

Brady Quarterly Data

Book Value per Share CPI Adj_Book
201407 14.284 100.520 18.726
201410 13.287 100.176 17.478
201501 12.587 98.604 16.822
201504 12.744 99.824 16.823
201507 11.451 100.691 14.986
201510 11.324 100.346 14.871
201601 11.195 99.957 14.759
201604 11.845 100.947 15.462
201607 11.962 101.524 15.527
201610 12.070 101.988 15.595
201701 12.416 102.456 15.969
201704 12.950 103.167 16.541
201707 13.634 103.278 17.396
201710 13.822 104.070 17.502
201801 14.137 104.578 17.814
201804 14.198 105.708 17.699
201807 14.483 106.324 17.950
201810 14.735 106.695 18.199
201901 15.262 106.200 18.938
201904 15.610 107.818 19.079
201907 16.053 108.250 19.542
201910 16.444 108.577 19.958
202001 16.869 108.841 20.424
202004 15.790 108.173 19.235
202007 16.599 109.318 20.009
202010 16.919 109.861 20.294
202101 17.671 110.364 21.099
202104 18.278 112.673 21.377
202107 18.496 115.183 21.161
202110 18.609 116.696 21.014
202201 18.666 118.619 20.736
202204 18.129 121.978 19.585
202207 18.259 125.002 19.249
202210 18.339 125.734 19.220
202301 19.483 126.223 20.340
202304 20.113 127.992 20.708
202307 20.411 128.974 20.854
202310 20.555 129.810 20.866
202401 21.492 130.124 21.765
202404 21.527 131.776 21.527

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.


Brady  (NYSE:BRC) 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.


Brady Cyclically Adjusted PB Ratio Related Terms

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


Brady (BRC) Business Description

Industry
Traded in Other Exchanges
Address
6555 West Good Hope Road, Milwaukee, WI, USA, 53223
Brady Corp provides identification solutions and workplace safety products. The company offers identification and healthcare products that are sold under the Brady brand to maintenance, repair, and operations as well as original equipment manufacturing customers. Products include safety signs and labelling systems, material identification systems, wire identification, patient identification, and people identification. Brady also provides workplace safety and compliance products such as safety and compliance signs, asset tracking labels, and first-aid products. The largest end market is the United States.
Executives
Bentley Curran officer: VP Chief Information Officer 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Brett Wilms officer: President - EMEA & Australia 6555 W GOOD HOPE ROAD, MILWAUKEE WI 53223
Nancy Lee Gioia director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Olivier Bojarski officer: President, Identification Soln C/O BELDEN INC., 1 N. BRENTWOOD BOULEVARD, 15TH FLOOR, SAINT LOUIS MO 63105
Frank W Harris director 244 SUMMER ST POLYMER BLDG 603, AKRON OH 53202
Elizabeth P Pungello director 6555 WEST GOOD HOPE RD., MILWAUKEE WI 53223
Russell Shaller director 6555 WEST GOOD HOPE RD, MILWAUKEE WI 53223
Smee Joanne Collins director XEROX CORPORATION, 201 MERRITT 7, NORWALK CT 06851
Vineet A Nargolwala director 529 PLEASANT STREET, MAIL STATION B-1, ATTLEBORO MA 02703
Andrew Gorman officer: General Counsel&Corp Secretary 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Pascal Deman officer: VP & GM Workplace Safety 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Thomas J Felmer officer: SR VP CFO 6555 WEST GOOD HOPE ROAD, MILWAUKEE WI 53223
Louis T Bolognini officer: SR VP - GENERAL COUNSEL P O BOX 9, SUGAR LAND TX 77487
J Michael Nauman director, officer: President & CEO C/O MOLEX INCORPORATED, 2222 WELLINGTON COURT, LISLE IL 60532
Bradley C Richardson director