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Sealed Air (BSP:S1EA34) Cyclically Adjusted Book per Share : R$8.38 (As of Mar. 2024)


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What is Sealed Air Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Sealed Air's adjusted book value per share for the three months ended in Mar. 2024 was R$20.462. 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 R$8.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Sealed Air's average Cyclically Adjusted Book Growth Rate was -20.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -26.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -25.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Sealed Air was 13.30% per year. The lowest was -27.40% per year. And the median was -3.70% per year.

As of today (2024-06-06), Sealed Air's current stock price is R$158.15. Sealed Air's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$8.38. Sealed Air's Cyclically Adjusted PB Ratio of today is 18.87.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sealed Air was 21.00. The lowest was 1.92. And the median was 4.61.


Sealed Air Cyclically Adjusted Book per Share Historical Data

The historical data trend for Sealed Air's Cyclically Adjusted Book per Share 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.

Sealed Air Cyclically Adjusted Book per Share Chart

Sealed Air Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 26.25 19.52 14.76 8.92

Sealed Air Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 12.49 11.45 10.51 8.92 8.38

Competitive Comparison of Sealed Air's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Sealed Air'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.


Sealed Air's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Sealed Air's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Sealed Air Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Sealed Air'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)
=20.462/131.7762*131.7762
=20.462

Current CPI (Mar. 2024) = 131.7762.

Sealed Air Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.917 100.560 19.548
201409 14.645 100.428 19.216
201412 14.592 99.070 19.409
201503 17.148 99.621 22.683
201506 16.006 100.684 20.949
201509 8.729 100.392 11.458
201512 10.436 99.792 13.781
201603 10.524 100.470 13.803
201606 10.215 101.688 13.237
201609 9.303 101.861 12.035
201612 10.569 101.863 13.673
201703 9.500 102.862 12.170
201706 5.887 103.349 7.506
201709 13.208 104.136 16.714
201712 2.977 104.011 3.772
201803 -7.401 105.290 -9.263
201806 -8.783 106.317 -10.886
201809 -11.669 106.507 -14.438
201812 -8.697 105.998 -10.812
201903 -7.210 107.251 -8.859
201906 -8.512 108.070 -10.379
201909 -8.107 108.329 -9.862
201912 -5.212 108.420 -6.335
202003 -5.710 108.902 -6.909
202006 -2.336 108.767 -2.830
202009 0.853 109.815 1.024
202012 5.730 109.897 6.871
202103 3.759 111.754 4.432
202106 3.147 114.631 3.618
202109 4.513 115.734 5.139
202112 9.496 117.630 10.638
202203 6.486 121.301 7.046
202206 6.941 125.017 7.316
202209 7.910 125.227 8.324
202212 12.476 125.222 13.129
202303 12.500 127.348 12.935
202306 13.861 128.729 14.189
202309 13.965 129.860 14.171
202312 18.637 129.419 18.976
202403 20.462 131.776 20.462

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Sealed Air  (BSP:S1EA34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Sealed Air's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=158.15/8.38
=18.87

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Sealed Air was 21.00. The lowest was 1.92. And the median was 4.61.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Sealed Air Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Sealed Air's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Sealed Air (BSP:S1EA34) Business Description

Traded in Other Exchanges
Address
2415 Cascade Pointe Boulevard, Charlotte, NC, USA, 28208
Sealed Air is organized via two reporting segments. Food care includes food packaging products like Cryovac, Darfresh, and OptiDure aimed primarily at meats. Product care includes Sealed Air's Bubble Wrap, Instapak, Jiffy mailers, and shrink film packaging systems that cater to industrial and e-commerce applications.

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