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Olin (OLN) Cyclically Adjusted Book per Share : $18.02 (As of Mar. 2024)


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What is Olin 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.

Olin's adjusted book value per share for the three months ended in Mar. 2024 was $18.188. 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 $18.02 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Olin's average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.70% 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 Olin was 9.10% per year. The lowest was -12.90% per year. And the median was 0.70% per year.

As of today (2024-05-09), Olin's current stock price is $55.91. Olin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $18.02. Olin's Cyclically Adjusted PB Ratio of today is 3.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Olin was 4.09. The lowest was 0.65. And the median was 2.41.


Olin Cyclically Adjusted Book per Share Historical Data

The historical data trend for Olin'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.

Olin Cyclically Adjusted Book per Share Chart

Olin 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 14.95 15.08 16.04 17.29 18.02

Olin 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 17.65 17.90 18.08 18.02 18.02

Competitive Comparison of Olin's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Olin'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.


Olin's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Olin 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, Olin'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)
=18.188/129.4194*129.4194
=18.188

Current CPI (Mar. 2024) = 129.4194.

Olin Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.304 100.560 18.409
201409 14.339 100.428 18.478
201412 13.092 99.070 17.103
201503 13.138 99.621 17.068
201506 13.577 100.684 17.452
201509 13.481 100.392 17.379
201512 14.651 99.792 19.001
201603 14.368 100.470 18.508
201606 14.113 101.688 17.962
201609 14.102 101.861 17.917
201612 13.746 101.863 17.465
201703 13.693 102.862 17.228
201706 13.585 103.349 17.012
201709 13.809 104.136 17.162
201712 16.479 104.011 20.505
201803 16.524 105.290 20.311
201806 16.546 106.317 20.141
201809 17.520 106.507 21.289
201812 17.134 105.998 20.920
201903 17.212 107.251 20.770
201906 16.864 108.070 20.196
201909 16.689 108.329 19.938
201912 15.330 108.420 18.299
202003 14.502 108.902 17.234
202006 13.866 108.767 16.499
202009 9.306 109.815 10.967
202012 9.182 109.897 10.813
202103 10.657 111.754 12.342
202106 12.930 114.631 14.598
202109 14.983 115.734 16.755
202112 16.915 117.630 18.610
202203 18.348 121.301 19.576
202206 18.575 125.017 19.229
202209 18.616 125.227 19.239
202212 19.226 125.222 19.870
202303 19.283 127.348 19.597
202306 19.328 128.729 19.432
202309 18.992 129.860 18.928
202312 18.572 129.419 18.572
202403 18.188 129.419 18.188

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


Olin  (NYSE:OLN) 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.

Olin's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=55.91/18.02
=3.10

* 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 Olin was 4.09. The lowest was 0.65. And the median was 2.41.


Be Aware

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


Olin Cyclically Adjusted Book per Share Related Terms

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


Olin (OLN) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Olin Corp (NYSE:OLN) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
Executives
Damian Gumpel officer: VP & Pres, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Brett A Flaugher officer: VP & Pres, Winchester C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Valerie A Peters officer: VP, HR C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Julie A Piggott director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
James A Varilek officer: EVP & COO C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
R Nichole Sumner officer: VP & Controller OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Scott D. Ferguson director 250 WEST 55TH STREET, 34TH FLOOR, NEW YORK NY 10019
C Robert Bunch director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Patrick Murphy Schumacher officer: VP & President, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, SUITE 1530, CLAYTON MO 63105
Dana C. O'brien officer: Senior VP, GC & Secretary 1111 LOUISIANA STREET, HOUSTON TX 77002
Pat D Dawson officer: EVP-Pres, Intl & Corp Strategy C/O OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
W Anthony Will director C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Matthew S Darnall director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Teresa M Vermillion officer: VP & Treasurer C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105

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