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GrafTech International (FRA:G6G) Cyclically Adjusted PB Ratio : 1.17 (As of Jun. 01, 2024)


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What is GrafTech International Cyclically Adjusted PB Ratio?

As of today (2024-06-01), GrafTech International's current share price is €1.52. GrafTech International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €1.30. GrafTech International's Cyclically Adjusted PB Ratio for today is 1.17.

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

FRA:G6G' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.77   Med: 2.04   Max: 3.38
Current: 1.18

During the past years, GrafTech International's highest Cyclically Adjusted PB Ratio was 3.38. The lowest was 0.77. And the median was 2.04.

FRA:G6G's Cyclically Adjusted PB Ratio is ranked better than
68.2% of 2154 companies
in the Industrial Products industry
Industry Median: 1.88 vs FRA:G6G: 1.18

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.

GrafTech International's adjusted book value per share data for the three months ended in Mar. 2024 was €0.135. 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 €1.30 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GrafTech International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GrafTech International'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.

GrafTech International Cyclically Adjusted PB Ratio Chart

GrafTech International 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 2.15 2.33 3.18 1.70 1.30

GrafTech International 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 1.90 2.21 1.91 1.30 0.99

Competitive Comparison of GrafTech International's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GrafTech International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GrafTech International 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.

GrafTech International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.52/1.3
=1.17

* 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.

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

For example, GrafTech International'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)
=0.135/131.7762*131.7762
=0.135

Current CPI (Mar. 2024) = 131.7762.

GrafTech International Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.291 100.560 8.244
201409 6.301 100.428 8.268
201412 5.951 99.070 7.916
201503 6.216 99.621 8.222
201506 5.900 100.684 7.722
201509 5.454 100.392 7.159
201512 5.419 99.792 7.156
201603 2.338 100.470 3.067
201606 1.936 101.688 2.509
201609 1.878 101.861 2.430
201612 1.811 101.863 2.343
201703 1.720 102.862 2.203
201706 1.612 103.349 2.055
201709 1.529 104.136 1.935
201712 1.715 104.011 2.173
201803 -0.741 105.290 -0.927
201806 -2.807 106.317 -3.479
201809 -3.063 106.507 -3.790
201812 -3.258 105.998 -4.050
201903 -2.685 107.251 -3.299
201906 -2.162 108.070 -2.636
201909 -1.902 108.329 -2.314
201912 -2.299 108.420 -2.794
202003 -2.305 108.902 -2.789
202006 -1.910 108.767 -2.314
202009 -1.500 109.815 -1.800
202012 -1.013 109.897 -1.215
202103 -0.735 111.754 -0.867
202106 -0.547 114.631 -0.629
202109 -0.357 115.734 -0.406
202112 0.079 117.630 0.089
202203 0.472 121.301 0.513
202206 0.720 125.017 0.759
202209 1.067 125.227 1.123
202212 1.242 125.222 1.307
202303 1.203 127.348 1.245
202306 1.153 128.729 1.180
202309 1.054 129.860 1.070
202312 0.279 129.419 0.284
202403 0.135 131.776 0.135

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.


GrafTech International  (FRA:G6G) 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.


GrafTech International Cyclically Adjusted PB Ratio Related Terms

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


GrafTech International (FRA:G6G) Business Description

Traded in Other Exchanges
Address
982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a producer of specialized graphite electrodes. The electrode is an essential part of the electric arc furnace process used in aluminum smelters and steel minimills. The company operates into one reporting segment namely Industrial Materials. The Industrial Materials segment manufactures high-quality graphite electrodes essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. It offers graphite electrodes and needle coke products.

GrafTech International (FRA:G6G) Headlines

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