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CCL Industries (CCL Industries) Cyclically Adjusted Book per Share : $13.02 (As of Mar. 2024)


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What is CCL Industries 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.

CCL Industries's adjusted book value per share for the three months ended in Mar. 2024 was $19.913. 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 $13.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CCL Industries's average Cyclically Adjusted Book Growth Rate was 15.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 18.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.00% 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 CCL Industries was 18.00% per year. The lowest was 4.40% per year. And the median was 9.40% per year.

As of today (2024-06-08), CCL Industries's current stock price is $52.43. CCL Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.02. CCL Industries's Cyclically Adjusted PB Ratio of today is 4.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CCL Industries was 10.89. The lowest was 2.91. And the median was 5.79.


CCL Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Cyclically Adjusted Book per Share Chart

CCL Industries 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 6.98 7.97 9.92 10.78 12.89

CCL Industries 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 11.60 12.14 12.18 12.89 13.02

Competitive Comparison of CCL Industries's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

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



CCL Industries 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, CCL Industries'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)
=19.913/126.2576*126.2576
=19.913

Current CPI (Mar. 2024) = 126.2576.

CCL Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.098 99.473 7.740
201409 6.237 99.394 7.923
201412 6.080 98.367 7.804
201503 6.027 99.789 7.626
201506 6.437 100.500 8.087
201509 6.427 100.421 8.081
201512 6.740 99.947 8.514
201603 7.064 101.054 8.826
201606 7.252 102.002 8.977
201609 7.564 101.765 9.385
201612 7.564 101.449 9.414
201703 7.860 102.634 9.669
201706 8.299 103.029 10.170
201709 9.162 103.345 11.193
201712 9.559 103.345 11.678
201803 10.480 105.004 12.601
201806 10.365 105.557 12.398
201809 10.536 105.636 12.593
201812 11.196 105.399 13.412
201903 11.493 106.979 13.564
201906 11.602 107.690 13.602
201909 11.891 107.611 13.951
201912 12.320 107.769 14.434
202003 12.351 107.927 14.449
202006 12.656 108.401 14.741
202009 13.392 108.164 15.632
202012 14.299 108.559 16.630
202103 14.868 110.298 17.019
202106 15.843 111.720 17.905
202109 15.961 112.905 17.849
202112 16.245 113.774 18.027
202203 16.600 117.646 17.815
202206 16.871 120.806 17.632
202209 17.807 120.648 18.635
202212 17.738 120.964 18.514
202303 18.253 122.702 18.782
202306 18.950 124.203 19.263
202309 19.281 125.230 19.439
202312 19.384 125.072 19.568
202403 19.913 126.258 19.913

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


CCL Industries  (OTCPK:CCDBF) 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.

CCL Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.43/13.02
=4.03

* 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 CCL Industries was 10.89. The lowest was 2.91. And the median was 5.79.


Be Aware

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


CCL Industries Cyclically Adjusted Book per Share Related Terms

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


CCL Industries (CCL Industries) Business Description

Traded in Other Exchanges
Address
111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.