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Chase (CCF) Cyclically Adjusted PB Ratio : 4.12 (As of May. 23, 2024)


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What is Chase Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Chase's current share price is $127.49. Chase's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2023 was $30.92. Chase's Cyclically Adjusted PB Ratio for today is 4.12.

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

CCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.27   Med: 4.66   Max: 9.26
Current: 4.12

During the past years, Chase's highest Cyclically Adjusted PB Ratio was 9.26. The lowest was 2.27. And the median was 4.66.

CCF's Cyclically Adjusted PB Ratio is not ranked
in the Chemicals industry.
Industry Median: 1.665 vs CCF: 4.12

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.

Chase's adjusted book value per share data for the three months ended in Aug. 2023 was $42.961. 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 $30.92 for the trailing ten years ended in Aug. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chase Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chase'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.

Chase Cyclically Adjusted PB Ratio Chart

Chase Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.83 5.02 5.02 3.23 4.09

Chase Quarterly Data
Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23
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 3.23 3.39 3.38 3.92 4.09

Competitive Comparison of Chase's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Chase'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.


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

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

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



Chase 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.

Chase's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=127.49/30.92
=4.12

* 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.

Chase's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2023 is calculated as:

For example, Chase's adjusted Book Value per Share data for the three months ended in Aug. 2023 was:

Adj_Book=Book Value per Share/CPI of Aug. 2023 (Change)*Current CPI (Aug. 2023)
=42.961/129.5375*129.5375
=42.961

Current CPI (Aug. 2023) = 129.5375.

Chase Quarterly Data

Book Value per Share CPI Adj_Book
201311 13.142 98.334 17.312
201402 13.741 99.057 17.969
201405 14.450 100.373 18.649
201408 15.000 100.352 19.362
201411 14.959 99.635 19.449
201502 15.291 99.032 20.001
201505 16.037 100.333 20.705
201508 16.791 100.548 21.632
201511 16.830 100.135 21.772
201602 17.249 100.040 22.335
201605 18.272 101.355 23.353
201608 18.763 101.617 23.918
201611 18.786 101.829 23.898
201702 19.752 102.779 24.895
201705 21.122 103.256 26.498
201708 22.549 103.587 28.198
201711 22.838 104.072 28.426
201802 24.002 105.052 29.596
201805 25.272 106.148 30.841
201808 26.259 106.383 31.974
201811 26.396 106.338 32.155
201902 27.160 106.649 32.989
201905 27.980 108.048 33.545
201908 28.852 108.245 34.528
201911 29.019 108.519 34.640
202002 29.858 109.139 35.439
202005 30.871 108.175 36.967
202008 32.079 109.662 37.893
202011 32.494 109.793 38.337
202102 33.714 110.968 39.356
202105 35.481 113.576 40.467
202108 36.445 115.421 40.902
202111 36.288 117.269 40.084
202202 37.309 119.703 40.374
202205 38.714 123.323 40.665
202208 39.400 124.958 40.844
202211 39.267 125.607 40.496
202302 40.328 126.928 41.157
202305 41.821 128.314 42.220
202308 42.961 129.538 42.961

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.


Chase  (AMEX:CCF) 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.


Chase Cyclically Adjusted PB Ratio Related Terms

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


Chase (CCF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
375 University Avenue, Westwood, MA, USA, 02090
Chase Corp is a specialty chemical company. It operates through the following segments: Adhesives, Sealants and Additives, Industrial Tapes and Corrosion Protection and Waterproofing. The firm generates majority revenue from the Industrial Tapes segment. Its Industrial Tapes segment features legacy wire and cable materials, specialty tapes, and other laminated and coated products. Geographically, it derives a majority of revenue from North America and also has a presence in Asia; Europe, and Other Countries.
Executives
Adam Chase officer: COO/Vice President 104 ALBION ROAD, WELLESLEY MA 02481
Thomas Jr Wroe director
Ellen Rubin director 11 CLEMENTS ROAD, NEWTON MA 02458
Mary Claire Chase director 115 SUMNER STREET, NEWTON MA 02459
Derby John H. Iii director 1029 OCEAN BLVD., RYE NH 03870
Jeffery D Haigh officer: Corporate Secretary 2 SUMMER STREET, NORWOOD MA 02062
Michael J. Bourque officer: Treasurer & CFO ANALOGIC CORPORATION, 8 CENTENNIAL DRIVE, PEABODY MA 01960
Lewis P Gack director 5 LIVINGTON CIRCLE, ANDOVER MA 01810
Peter R Chase officer: President, CEO 305 GRANGE PARK, BRIDGEWATER MA 02324
Joan Wallace-benjamin director 175 SANDY VALLEY ROAD, DEDHAM MA 02026
Christian John Talma officer: Chief Accounting Officer 5 ALHAMBRA RD., WELLESLEY MA 02481
Chad A. Mcdaniel director C/O LYDALL, INC., 1 COLONIAL ROAD, MANCHESTER CT 06042
Thomas D. Debyle director STANDEX INT'L, 6 MANOR PARKWAY, SALEM NH 03079
Kenneth James Feroldi officer: CFO/Treasurer 67 KIMBERLEY DRIVE, WAKEFIELD RI 02878
Everett Jr Chadwick director 20 SOUTH DRIVE, BRIDGEWATER MA 02324