GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Mativ Holdings Inc (NYSE:MATV) » Definitions » Cyclically Adjusted PB Ratio

Mativ Holdings (Mativ Holdings) Cyclically Adjusted PB Ratio : 0.85 (As of May. 03, 2024)


View and export this data going back to 1995. Start your Free Trial

What is Mativ Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-03), Mativ Holdings's current share price is $18.35. Mativ Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $21.70. Mativ Holdings's Cyclically Adjusted PB Ratio for today is 0.85.

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

MATV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 2.37   Max: 4.79
Current: 0.85

During the past years, Mativ Holdings's highest Cyclically Adjusted PB Ratio was 4.79. The lowest was 0.53. And the median was 2.37.

MATV's Cyclically Adjusted PB Ratio is ranked better than
76.02% of 1059 companies
in the Chemicals industry
Industry Median: 1.6 vs MATV: 0.85

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.

Mativ Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $17.507. 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 $21.70 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mativ Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mativ Holdings'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.

Mativ Holdings Cyclically Adjusted PB Ratio Chart

Mativ Holdings 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 2.36 2.19 1.50 0.97 0.71

Mativ Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.97 0.98 0.69 0.65 0.71

Competitive Comparison of Mativ Holdings's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Mativ Holdings'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.


Mativ Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Mativ Holdings 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.

Mativ Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.35/21.7
=0.85

* 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.

Mativ Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=17.507/129.4194*129.4194
=17.507

Current CPI (Dec. 2023) = 129.4194.

Mativ Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.278 99.695 22.430
201406 17.895 100.560 23.031
201409 17.100 100.428 22.036
201412 16.051 99.070 20.968
201503 14.281 99.621 18.553
201506 15.229 100.684 19.575
201509 15.094 100.392 19.458
201512 15.354 99.792 19.912
201603 16.459 100.470 21.201
201606 16.898 101.688 21.506
201609 17.196 101.861 21.848
201612 16.641 101.863 21.143
201703 16.868 102.862 21.223
201706 17.739 103.349 22.214
201709 18.531 104.136 23.030
201712 17.801 104.011 22.150
201803 18.269 105.290 22.456
201806 17.640 106.317 21.473
201809 18.483 106.507 22.459
201812 18.131 105.998 22.137
201903 18.197 107.251 21.958
201906 18.534 108.070 22.196
201909 18.604 108.329 22.226
201912 19.345 108.420 23.092
202003 18.978 108.902 22.554
202006 19.378 108.767 23.057
202009 20.066 109.815 23.648
202012 20.738 109.897 24.422
202103 20.788 111.754 24.074
202106 20.779 114.631 23.460
202109 20.209 115.734 22.599
202112 21.692 117.630 23.866
202203 22.122 121.301 23.603
202206 21.756 125.017 22.522
202209 20.616 125.227 21.306
202212 21.469 125.222 22.189
202303 21.109 127.348 21.452
202306 20.952 128.729 21.064
202309 12.359 129.860 12.317
202312 17.507 129.419 17.507

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.


Mativ Holdings  (NYSE:MATV) 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.


Mativ Holdings Cyclically Adjusted PB Ratio Related Terms

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


Mativ Holdings (Mativ Holdings) Business Description

Traded in Other Exchanges
Address
100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022
Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.
Executives
Jeffrey Keenan director C/O SCHWEITZER-MAUDUIT INTERNATIONAL, SUITE 600, ALPHARETTA GA 30022
William M Cook director 1925 WEST FIELD COURT, SUITE 200, LAKE FOREST IL 60045
Mark W Johnson officer: CLO, GC & Secretary 1600 ROYAL STREET, JASPER IN 47546
Gregory Thomas Weitzel officer: CFO 100 NORTH POINT CENTER EAST, SUITE 600, ALPHARETTA GA 30022
Julie Schertell director, officer: President, CEO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
John Rogers director ONE MIDTOWN PLAZA, 1360 PEACHTREE STREET NE, ATLANTA GA 30309
Anderson Davis Warlick director C/O SCHWEITZER-MAUDUIT INTERNATIONAL, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Shruti Singhal director 4 TESSENEER DRIVE, HIGHLAND HEIGHTS KY 41076
Michael W Rickheim officer: CHRO and CAO 3460 PRESTON RIDGE ROAD, SUITE 600, ALPHARETTA GA 30005
Tony R Thene director ALCOA INC., 201 ISABELLA STREET, PITTSBURGH PA 15212-5858
Cheryl Allegri officer: Controller C/O SWM, 100 NORTH POINT CENTER E, SUITE 600, ALPHARETTA GA 30022
Kimberly E Ritrievi director TETRA TECH, INC, 3475 E. FOOTHILL BLVD., PASADENA CA 91107
Jeffrey Kramer director, officer: Co-CEO C/O SCHWEITZER-MAUDUIT INTERNT'L, INC., SUITE 600, ALPHARETTA GA 30022
Tracey Peacock officer: EVP, AMS C/O SCHWEITZER-MAUDUIT INTERNATIONAL INC, 100 NORTH POINT CENTER EAST, STE 600, ALPHARETTA GA 30022
Mark L Bye director