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Resolute Forest Products (Resolute Forest Products) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Resolute Forest Products Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Resolute Forest Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Resolute Forest Products'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.

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Resolute Forest Products Cyclically Adjusted PB Ratio Chart

Resolute Forest Products Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Resolute Forest Products Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Resolute Forest Products's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Resolute Forest Products'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.


Resolute Forest Products's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

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



Resolute Forest Products 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.

Resolute Forest Products's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, Resolute Forest Products's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=27.552/120.6479*120.6479
=27.552

Current CPI (Sep. 2022) = 120.6479.

Resolute Forest Products Quarterly Data

Book Value per Share CPI Adj_Book
201212 32.722 95.760 41.226
201303 32.753 97.103 40.695
201306 32.458 97.182 40.295
201309 26.815 97.419 33.209
201312 29.915 96.945 37.229
201403 29.609 98.604 36.228
201406 29.894 99.473 36.257
201409 28.330 99.394 34.388
201412 22.215 98.367 27.247
201503 22.025 99.789 26.629
201506 22.500 100.500 27.011
201509 22.912 100.421 27.527
201512 21.587 99.947 26.058
201603 21.585 101.054 25.770
201606 21.218 102.002 25.097
201609 21.441 101.765 25.420
201612 18.853 101.449 22.421
201703 18.430 102.634 21.665
201706 17.706 103.029 20.734
201709 17.895 103.345 20.891
201712 17.727 103.345 20.695
201803 17.885 105.004 20.550
201806 18.726 105.557 21.403
201809 20.033 105.636 22.880
201812 16.894 105.399 19.338
201903 17.333 106.979 19.548
201906 17.610 107.690 19.729
201909 17.368 107.611 19.472
201912 14.233 107.769 15.934
202003 14.108 107.927 15.771
202006 14.340 108.401 15.960
202009 15.726 108.164 17.541
202012 13.379 108.559 14.869
202103 14.906 110.298 16.305
202106 17.509 111.720 18.908
202109 18.780 112.905 20.068
202112 19.714 113.774 20.905
202203 22.773 117.646 23.354
202206 26.289 120.806 26.255
202209 27.552 120.648 27.552

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.


Resolute Forest Products  (NYSE:RFP) 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.


Resolute Forest Products Cyclically Adjusted PB Ratio Related Terms

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


Resolute Forest Products (Resolute Forest Products) Business Description

Traded in Other Exchanges
N/A
Address
1010 De La Gauchetiere Street West, Suite 400, Montreal, QC, CAN, H3B 2N2
Resolute Forest Products Inc is engaged in the forest products industry with a range of products, including market pulp, tissue, wood products, newsprint, and specialty papers. The product range includes market pulp, tissue, wood products, newsprint and specialty papers which are marketed to nearly 50 countries. The company owns or operates pulp, paper, tissue and wood products facilities in the United States and Canada.
Executives
Patrice Minguez officer: President, Tissue Group C/O RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, MONTREAL A8 H3C 2M1
Hugues Simon officer: President, Wood products 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Sylvain A. Girard officer: Chief Financial Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Duncan Davies director 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Stephanie Leclaire officer: Chief Legal Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Daniel Viboux officer: Chief Accounting Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C 2M1
Suzanne Blanchet director 111 ROBERT-BOURASSA BOULEVARD, SUITE 5000, MONTREAL A8 H3C 2M1
Michael S Rousseau director C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL, QUEBEC Z4 H3B 5H2
Alain Rheaume director C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL, QUEBEC Z4 H3B 5H2
Lori Kilgour officer: SVP, Chief Information Officer 111 ROBERT-BOURASSA, SUITE 5000, MONTREAL A8 H3C2M1
Daniel Ouellet officer: SVP Human Resources 111 ROBERT-BOURASSA BOULEVARD, SUITE 5000, MONTREAL A8 H3C 2M1
Richard Joseph Tremblay officer: SVP, Pulp and Paper Operations C/O RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, SUITE 5000, MONTREAL A8 H3C 2M1
John Lafave officer: Senior Vice President C/O ABITIBIBOWATER INC., 1155 METCALFE STREET, SUITE 800, MONTREAL A8 H3B 5H2
Randall C Benson director RESOLUTE FOREST PRODUCTS INC., 111 DUKE STREET, SUITE 5000, MONTREAL A8 H3C 2M1
Bradley Martin director C/O ODYSSEY RE HOLDINGS CORP., 300 FIRST STAMFORD PLACE, STAMFORD CT 06902

Resolute Forest Products (Resolute Forest Products) Headlines