GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » LyondellBasell Industries NV (FRA:DLY) » Definitions » Cyclically Adjusted PB Ratio

LyondellBasell Industries NV (FRA:DLY) Cyclically Adjusted PB Ratio : 3.27 (As of May. 22, 2024)


View and export this data going back to 2010. Start your Free Trial

What is LyondellBasell Industries NV Cyclically Adjusted PB Ratio?

As of today (2024-05-22), LyondellBasell Industries NV's current share price is €92.40. LyondellBasell Industries NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €28.26. LyondellBasell Industries NV's Cyclically Adjusted PB Ratio for today is 3.27.

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

FRA:DLY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.98   Med: 3.53   Max: 5.17
Current: 3.28

During the past years, LyondellBasell Industries NV's highest Cyclically Adjusted PB Ratio was 5.17. The lowest was 1.98. And the median was 3.53.

FRA:DLY's Cyclically Adjusted PB Ratio is ranked worse than
74.56% of 1081 companies
in the Chemicals industry
Industry Median: 1.65 vs FRA:DLY: 3.28

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.

LyondellBasell Industries NV's adjusted book value per share data for the three months ended in Mar. 2024 was €36.699. 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 €28.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LyondellBasell Industries NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LyondellBasell Industries NV'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.

LyondellBasell Industries NV Cyclically Adjusted PB Ratio Chart

LyondellBasell Industries NV 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 4.45 4.09 3.83 3.01 3.17

LyondellBasell Industries NV 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 3.32 3.15 3.20 3.17 3.35

Competitive Comparison of LyondellBasell Industries NV's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, LyondellBasell Industries NV'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.


LyondellBasell Industries NV's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



LyondellBasell Industries NV 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.

LyondellBasell Industries NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=92.40/28.26
=3.27

* 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.

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

For example, LyondellBasell Industries NV'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)
=36.699/131.6000*131.6000
=36.699

Current CPI (Mar. 2024) = 131.6000.

LyondellBasell Industries NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.355 99.800 20.248
201409 15.155 100.000 19.944
201412 13.846 99.900 18.240
201503 14.535 99.600 19.205
201506 15.089 100.100 19.837
201509 14.418 100.200 18.936
201512 13.661 100.400 17.906
201603 13.306 100.400 17.441
201606 13.334 101.000 17.374
201609 13.244 101.500 17.172
201612 14.192 102.200 18.275
201703 15.001 102.700 19.222
201706 15.375 103.500 19.549
201709 15.582 104.300 19.661
201712 19.168 105.000 24.024
201803 20.050 105.100 25.105
201806 23.250 105.900 28.892
201809 24.445 106.600 30.178
201812 23.998 107.100 29.488
201903 24.228 107.000 29.798
201906 25.617 107.900 31.244
201909 21.482 108.400 26.080
201912 21.709 108.500 26.331
202003 19.863 108.600 24.070
202006 19.573 108.800 23.675
202009 18.576 109.200 22.386
202012 19.616 109.400 23.597
202103 22.111 109.700 26.525
202106 26.113 111.400 30.848
202109 30.064 112.400 35.199
202112 31.846 114.700 36.538
202203 35.190 116.500 39.751
202206 35.354 120.500 38.611
202209 37.813 122.300 40.688
202212 36.529 125.300 38.366
202303 36.506 126.800 37.888
202306 36.779 129.400 37.404
202309 38.146 130.100 38.586
202312 36.541 130.500 36.849
202403 36.699 131.600 36.699

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.


LyondellBasell Industries NV  (FRA:DLY) 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.


LyondellBasell Industries NV Cyclically Adjusted PB Ratio Related Terms

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


LyondellBasell Industries NV (FRA:DLY) Business Description

Traded in Other Exchanges
Address
Delftseplein 27E, 4th Floor, Rotterdam, ZH, NLD, 3013 AA
LyondellBasell is a petrochemical producer with operations in the United States, Europe, and Asia. The company is the world's largest producer of polypropylene and is also a major producer of polyethylene and propylene oxide. Its chemicals are used in various consumer and industrial end products. Well over half of LyondellBasell's production come from its North American operations.

LyondellBasell Industries NV (FRA:DLY) Headlines