GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Pactiv Evergreen Inc (FRA:PEG) » Definitions » Cyclically Adjusted PB Ratio

Pactiv Evergreen (FRA:PEG) Cyclically Adjusted PB Ratio : 1.76 (As of May. 24, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Pactiv Evergreen Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Pactiv Evergreen's current share price is €11.60. Pactiv Evergreen's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €6.58. Pactiv Evergreen's Cyclically Adjusted PB Ratio for today is 1.76.

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

FRA:PEG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.8   Max: 2.04
Current: 1.74

During the past 11 years, Pactiv Evergreen's highest Cyclically Adjusted PB Ratio was 2.04. The lowest was 1.09. And the median was 1.80.

FRA:PEG's Cyclically Adjusted PB Ratio is ranked worse than
63.33% of 270 companies
in the Packaging & Containers industry
Industry Median: 1.22 vs FRA:PEG: 1.74

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.

Pactiv Evergreen's adjusted book value per share data of for the fiscal year that ended in Dec23 was €6.907. 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 €6.58 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pactiv Evergreen Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pactiv Evergreen'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.

Pactiv Evergreen Cyclically Adjusted PB Ratio Chart

Pactiv Evergreen 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 - - - 1.62 1.88

Pactiv Evergreen 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 - - - 1.88 -

Competitive Comparison of Pactiv Evergreen's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Pactiv Evergreen'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.


Pactiv Evergreen's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

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



Pactiv Evergreen 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.

Pactiv Evergreen's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.60/6.58
=1.76

* 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.

Pactiv Evergreen's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Pactiv Evergreen's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=6.907/129.4194*129.4194
=6.907

Current CPI (Dec23) = 129.4194.

Pactiv Evergreen Annual Data

Book Value per Share CPI Adj_Book
201412 -5.284 99.070 -6.903
201512 4.084 99.792 5.296
201612 5.119 101.863 6.504
201712 7.903 104.011 9.834
201812 8.095 105.998 9.884
201912 10.657 108.420 12.721
202012 4.969 109.897 5.852
202112 6.411 117.630 7.054
202212 8.213 125.222 8.488
202312 6.907 129.419 6.907

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.


Pactiv Evergreen  (FRA:PEG) 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.


Pactiv Evergreen Cyclically Adjusted PB Ratio Related Terms

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


Pactiv Evergreen (FRA:PEG) Business Description

Traded in Other Exchanges
Address
1900 West Field Court, Lake Forest, IL, USA, 60045
Pactiv Evergreen Inc is engaged in the business of manufacturing and distributing fresh foodservice and food merchandising products and fresh beverage cartons. It operates in three segments: Foodservice, Food Merchandising, and Beverage Merchandising. These segments manufacture a broad range of products such as food containers, drinkware, tableware, service ware, ready-to-eat food containers, clear rigid-display containers, trays for meat and poultry, molded fiber egg cartons, printed cartons, spouts & filling machines, and other products. The company's geographical segments are the United States, the Rest of North America, and Others, of which the vast majority of its revenue comes from the United States.