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American Vanguard (American Vanguard) Cyclically Adjusted PB Ratio : 0.67 (As of Jun. 09, 2024)


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What is American Vanguard Cyclically Adjusted PB Ratio?

As of today (2024-06-09), American Vanguard's current share price is $8.67. American Vanguard's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.93. American Vanguard's Cyclically Adjusted PB Ratio for today is 0.67.

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

AVD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.87   Max: 5.38
Current: 0.67

During the past years, American Vanguard's highest Cyclically Adjusted PB Ratio was 5.38. The lowest was 0.67. And the median was 1.87.

AVD's Cyclically Adjusted PB Ratio is ranked better than
83.51% of 194 companies
in the Agriculture industry
Industry Median: 1.65 vs AVD: 0.67

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.

American Vanguard's adjusted book value per share data for the three months ended in Mar. 2024 was $12.885. 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 $12.93 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


American Vanguard Cyclically Adjusted PB Ratio Historical Data

The historical data trend for American Vanguard'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.

American Vanguard Cyclically Adjusted PB Ratio Chart

American Vanguard 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 2.06 1.55 1.47 1.79 0.87

American Vanguard 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 1.76 1.42 0.86 0.87 1.00

Competitive Comparison of American Vanguard's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, American Vanguard'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.


American Vanguard's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, American Vanguard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



American Vanguard 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.

American Vanguard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.67/12.93
=0.67

* 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.

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

For example, American Vanguard'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)
=12.885/131.7762*131.7762
=12.885

Current CPI (Mar. 2024) = 131.7762.

American Vanguard Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.927 100.560 11.698
201409 8.941 100.428 11.732
201412 8.991 99.070 11.959
201503 8.977 99.621 11.875
201506 9.011 100.684 11.794
201509 9.099 100.392 11.944
201512 9.196 99.792 12.143
201603 9.314 100.470 12.216
201606 9.360 101.688 12.129
201609 9.472 101.861 12.254
201612 9.608 101.863 12.430
201703 9.654 102.862 12.368
201706 9.785 103.349 12.476
201709 9.953 104.136 12.595
201712 10.240 104.011 12.974
201803 10.390 105.290 13.004
201806 10.566 106.317 13.096
201809 10.839 106.507 13.411
201812 11.030 105.998 13.712
201903 10.922 107.251 13.420
201906 11.075 108.070 13.504
201909 11.201 108.329 13.625
201912 11.406 108.420 13.863
202003 11.093 108.902 13.423
202006 11.259 108.767 13.641
202009 11.388 109.815 13.665
202012 11.689 109.897 14.016
202103 11.685 111.754 13.778
202106 11.839 114.631 13.610
202109 11.916 115.734 13.568
202112 12.068 117.630 13.519
202203 12.587 121.301 13.674
202206 12.515 125.017 13.192
202209 12.257 125.227 12.898
202212 12.577 125.222 13.235
202303 12.752 127.348 13.195
202306 12.637 128.729 12.936
202309 12.476 129.860 12.660
202312 12.865 129.419 13.099
202403 12.885 131.776 12.885

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.


American Vanguard  (NYSE:AVD) 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.


American Vanguard Cyclically Adjusted PB Ratio Related Terms

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


American Vanguard (American Vanguard) Business Description

Traded in Other Exchanges
Address
4695 MacArthur Court, Newport Beach, CA, USA, 92660
American Vanguard Corp is a United States-based diversified specialty and agricultural products company. It manufactures and formulates chemicals for crops, turf and ornamental plants, and human and animal health protection. These chemicals include insecticides, fungicides, herbicides, molluscicides, growth regulators, and soil fumigants, which are marketed in liquid, powder, and granular forms. The company generates a majority of its revenue from the sale of insecticides and herbicides.
Executives
Ulrich Trogele officer: Executive VP, COO - AMVAC 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Keith M Rosenbloom director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Eilers officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Patrick E Gottschalk director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Andrew B Naughton officer: V.P., Director of Technology 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Eric G Wintemute director, officer: Chairman & CEO 4695 MACARTHUR COURT SUITE 1200, NEWPORT BEACH CA 92660
David` T. Johnson officer: CHIEF FINANCIAL OFFICER 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92657
Timothy Donnelly officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Mark R Bassett director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Cruiser Capital Advisors, Llc director 243 TRESSER BOULEVARD, 17TH FLOOR, STAMFORD CT 06901
Marisol Angelini director 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Peter Turnbough Porpiglia officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Johann Venter officer: See Remarks 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Scott Hendrix officer: VP/Crop Sales - AMVAC 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660
Shayne M Wetherall other: CEO, Envance/TyraTech 4695 MACARTHUR COURT, SUITE 1200, NEWPORT BEACH CA 92660