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Enpro (NPO) Cyclically Adjusted PB Ratio : 2.97 (As of Jun. 07, 2024)


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What is Enpro Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Enpro's current share price is $148.73. Enpro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $50.12. Enpro's Cyclically Adjusted PB Ratio for today is 2.97.

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

NPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.03   Med: 2.43   Max: 3.74
Current: 3.02

During the past years, Enpro's highest Cyclically Adjusted PB Ratio was 3.74. The lowest was 1.03. And the median was 2.43.

NPO's Cyclically Adjusted PB Ratio is ranked worse than
69.02% of 2169 companies
in the Industrial Products industry
Industry Median: 1.89 vs NPO: 3.02

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.

Enpro's adjusted book value per share data for the three months ended in Mar. 2024 was $67.484. 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 $50.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Enpro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Enpro'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.

Enpro Cyclically Adjusted PB Ratio Chart

Enpro 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 2.20 2.26 2.87 2.48 3.23

Enpro 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 2.29 2.86 2.53 3.23 3.37

Competitive Comparison of Enpro's Cyclically Adjusted PB Ratio

For the Specialty Industrial Machinery subindustry, Enpro'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.


Enpro's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Enpro's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Enpro 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=148.73/50.12
=2.97

* 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.

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

For example, Enpro'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)
=67.484/131.7762*131.7762
=67.484

Current CPI (Mar. 2024) = 131.7762.

Enpro Quarterly Data

Book Value per Share CPI Adj_Book
201406 30.111 100.560 39.458
201409 27.920 100.428 36.635
201412 26.063 99.070 34.667
201503 23.260 99.621 30.768
201506 21.885 100.684 28.643
201509 22.030 100.392 28.917
201512 21.043 99.792 27.787
201603 18.681 100.470 24.502
201606 18.031 101.688 23.366
201609 17.945 101.861 23.215
201612 16.780 101.863 21.708
201703 16.951 102.862 21.716
201706 17.512 103.349 22.329
201709 40.633 104.136 51.418
201712 42.334 104.011 53.635
201803 42.549 105.290 53.253
201806 41.698 106.317 51.683
201809 43.243 106.507 53.503
201812 41.355 105.998 51.412
201903 42.148 107.251 51.786
201906 42.549 108.070 51.883
201909 42.553 108.329 51.763
201912 43.056 108.420 52.331
202003 52.252 108.902 63.228
202006 52.848 108.767 64.028
202009 51.906 109.815 62.286
202012 52.517 109.897 62.973
202103 52.480 111.754 61.882
202106 54.273 114.631 62.390
202109 55.361 115.734 63.035
202112 61.264 117.630 68.632
202203 60.640 121.301 65.877
202206 61.295 125.017 64.609
202209 60.946 125.227 64.134
202212 67.016 125.222 70.524
202303 68.738 127.348 71.128
202306 67.663 128.729 69.265
202309 67.341 129.860 68.335
202312 67.422 129.419 68.650
202403 67.484 131.776 67.484

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.


Enpro  (NYSE:NPO) 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.


Enpro Cyclically Adjusted PB Ratio Related Terms

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


Enpro (NPO) Business Description

Industry
Traded in Other Exchanges
Address
5605 Carnegie Boulevard, Suite 500, Charlotte, NC, USA, 28209
Enpro Inc formerly EnPro Industries Inc is a United States-based company that designs, develops, manufactures, and markets proprietary engineered industrial products. The company operates through three segments: Sealing Technologies, which manufactures and markets sealing products, wheel-end components & systems, and others; Advanced Surface Technologies manufactures wafer processing sub-systems, thin-film coatings, optical filters, and other services like cleaning, coating, testing, refurbishment, and verification services; Engineered Materials manufactures components for reciprocating compressors & engines, metal-polymer, engineered plastics, composite bearing products, and others. Its geographical segments are United States, Europe, and other foreign countries.
Executives
Steven R. Bower officer: Vice President 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Meredith Manz officer: SVP & CHRO 5605 CARNEGIE BOULEVARD, SUITE 500, CHARLOTTE NC 28209
Eric A. Vaillancourt officer: division president 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Ronald C Keating director EVOQUA WATER TECHNOLOGIES CORP., 210 SIXTH AVENUE, PITTSBURGH PA 15222
Childress John M Ii officer: VP Strategic Planning&Bus C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
William Abbey director 5605 CARNEGIE BOULEVARD, SUITE 500, CHARLOTTE NC 28209
Felix M. Brueck director 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
Judith A Reinsdorf director C. R. BARD, INC., 730 CENTRAL AVENUE, MURRAY HILL NJ 07974
Thomas M. Botts director 5605 CARNEGIE BLVD. SUITE 500, CHARLOTTE NC 28209
John Humphrey director ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Jerry Lavell Johnson officer: SVP, Strategy, Corp Dev & IR 512 HERNDON PARKWAY, SUITE A, HERNDON VA 20170
Ron Angelillo officer: VP, Tax 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Stephen E. Macadam director, officer: President and CEO C/O ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., STE. 500, CHARLOTTE NC 28209
Adele M. Gulfo director ONE NEENAH CENTER, 4TH FLOOR, P.O. BOX 669, NEENAH WI 54957
Jon D. Rickers officer: VP, HR 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209

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