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CL (Colgate-Palmolive Co) Cyclically Adjusted PB Ratio : 591.29 (As of Oct. 09, 2024)


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What is Colgate-Palmolive Co Cyclically Adjusted PB Ratio?

As of today (2024-10-09), Colgate-Palmolive Co's current share price is $100.52. Colgate-Palmolive Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was $0.17. Colgate-Palmolive Co's Cyclically Adjusted PB Ratio for today is 591.29.

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

CL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 29.55   Med: 57.67   Max: 634.47
Current: 588.47

During the past years, Colgate-Palmolive Co's highest Cyclically Adjusted PB Ratio was 634.47. The lowest was 29.55. And the median was 57.67.

CL's Cyclically Adjusted PB Ratio is ranked worse than
99.91% of 1165 companies
in the Consumer Packaged Goods industry
Industry Median: 1.39 vs CL: 588.47

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.

Colgate-Palmolive Co's adjusted book value per share data for the three months ended in Jun. 2024 was $0.151. 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 $0.17 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Colgate-Palmolive Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Colgate-Palmolive Co'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.

Colgate-Palmolive Co Cyclically Adjusted PB Ratio Chart

Colgate-Palmolive Co 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 63.29 91.12 116.87 155.69 287.98

Colgate-Palmolive Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 191.65 207.99 287.98 391.56 567.76

Competitive Comparison of Colgate-Palmolive Co's Cyclically Adjusted PB Ratio

For the Household & Personal Products subindustry, Colgate-Palmolive Co'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.


Colgate-Palmolive Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Colgate-Palmolive Co's Cyclically Adjusted PB Ratio falls into.



Colgate-Palmolive Co 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.

Colgate-Palmolive Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=100.52/0.17
=591.29

* 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.

Colgate-Palmolive Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Colgate-Palmolive Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0.151/132.5538*132.5538
=0.151

Current CPI (Jun. 2024) = 132.5538.

Colgate-Palmolive Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 1.558 100.428 2.056
201412 1.263 99.070 1.690
201503 0.509 99.621 0.677
201506 0.504 100.684 0.664
201509 0.284 100.392 0.375
201512 -0.335 99.792 -0.445
201603 -0.414 100.470 -0.546
201606 -0.315 101.688 -0.411
201609 -0.150 101.861 -0.195
201612 -0.275 101.863 -0.358
201703 -0.354 102.862 -0.456
201706 -0.275 103.349 -0.353
201709 -0.123 104.136 -0.157
201712 -0.069 104.011 -0.088
201803 -0.285 105.290 -0.359
201806 -0.603 106.317 -0.752
201809 -0.496 106.507 -0.617
201812 -0.118 105.998 -0.148
201903 -0.643 107.251 -0.795
201906 -0.404 108.070 -0.496
201909 -0.378 108.329 -0.463
201912 0.137 108.420 0.167
202003 -0.132 108.902 -0.161
202006 0.313 108.767 0.381
202009 0.762 109.815 0.920
202012 0.874 109.897 1.054
202103 0.310 111.754 0.368
202106 0.550 114.631 0.636
202109 0.701 115.734 0.803
202112 0.725 117.630 0.817
202203 0.383 121.301 0.419
202206 0.201 125.017 0.213
202209 0.745 125.227 0.789
202212 0.483 125.222 0.511
202303 -0.007 127.348 -0.007
202306 -0.077 128.729 -0.079
202309 -0.011 129.860 -0.011
202312 0.741 129.419 0.759
202403 0.280 131.776 0.282
202406 0.151 132.554 0.151

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.


Colgate-Palmolive Co  (NYSE:CL) 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.


Colgate-Palmolive Co Cyclically Adjusted PB Ratio Related Terms

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


Colgate-Palmolive Co Business Description

Address
300 Park Avenue, New York, NY, USA, 10022
Since its founding in 1806, Colgate-Palmolive has grown to become a leading player in the household and personal care arena. In addition to its namesake oral care line (which accounts for more than 40% of its total sales), the firm manufactures shampoos, shower gels, deodorants, and homecare products that are sold in over 200 countries. International sales account for about 70% of its total business, including approximately 45% from emerging regions. It also owns specialty pet food maker Hill's (around one fifth of sales), which primarily sells its products through veterinarians and specialty pet retailers.
Executives
Martina Hundmejean director C/O TYCO INTERNATIONAL (US) INC, 9 WEST 57TH ST 43RD FL., NEW YORK NY 10019
Panagiotis Tsourapas officer: Pres., Colgate-Africa/Eurasia C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Jennifer Daniels officer: CLO and Secretary C/O BARNES & NOBLE, INC., 122 FIFTH AVENUE, NEW YORK NY 10011
Gregory Malcolm officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022
John W Kooyman officer: Chief Marketing Officer 300 PARK AVENUE, NEW YORK NY 10022
Sally Massey officer: Chief Human Resources Officer 300 PARK AVENUE, NEW YORK NY 10022
John P Bilbrey director
Noel R. Wallace officer: Pres.- Colgate No. America C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
John T Cahill director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Lorrie M Norrington director C/O EBAY INC., 2145 HAMILTON AVENUE, SAN JOSE CA 95125
Prabha Parameswaran officer: Grp Pres, Glbl Innov. & AF/Eus 300 PARK AVENUE, NEW YORK NY 10022
Stephen I Sadove director
C Martin Harris director
Steven A Cahillane director ONE COCA-COLA PLAZA, ATLANTA GA 30313
Philip G. Shotts officer: Vice President and Controller 300 PARK AVENUE, NEW YORK NY 10022