GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Packaging & Containers » Amcor PLC (STU:485B) » Definitions » Cyclically Adjusted PB Ratio

Amcor (STU:485B) Cyclically Adjusted PB Ratio : 2.99 (As of May. 23, 2024)


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

What is Amcor Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Amcor's current share price is €9.20. Amcor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.08. Amcor's Cyclically Adjusted PB Ratio for today is 2.99.

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

STU:485B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.53   Med: 2.85   Max: 3.4
Current: 2.97

During the past years, Amcor's highest Cyclically Adjusted PB Ratio was 3.40. The lowest was 2.53. And the median was 2.85.

STU:485B's Cyclically Adjusted PB Ratio is ranked worse than
81.48% of 270 companies
in the Packaging & Containers industry
Industry Median: 1.23 vs STU:485B: 2.97

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.

Amcor's adjusted book value per share data for the three months ended in Mar. 2024 was €2.513. 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 €3.08 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amcor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amcor'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.

Amcor Cyclically Adjusted PB Ratio Chart

Amcor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.96

Amcor 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 3.40 2.96 2.72 2.87 2.81

Competitive Comparison of Amcor's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Amcor'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.


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

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

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



Amcor 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.

Amcor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.20/3.08
=2.99

* 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.

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

For example, Amcor'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)
=2.513/131.6000*131.6000
=2.513

Current CPI (Mar. 2024) = 131.6000.

Amcor Quarterly Data

Book Value per Share CPI Adj_Book
200106 1.947 75.000 3.416
200206 2.755 75.800 4.783
200306 2.647 76.700 4.542
200406 2.650 77.900 4.477
200506 2.681 79.400 4.444
200606 2.030 81.500 3.278
200706 2.211 83.500 3.485
200806 1.903 86.600 2.892
200906 1.804 88.100 2.695
201006 2.315 90.200 3.378
201106 2.229 93.500 3.137
201206 2.229 95.600 3.068
201306 2.070 98.000 2.780
201406 1.238 99.800 1.632
201506 1.108 100.100 1.457
201606 0.607 101.000 0.791
201706 0.631 103.500 0.802
201806 0.751 105.900 0.933
201812 0.753 107.100 0.925
201903 0.000 107.000 0.000
201906 3.056 107.900 3.727
201909 3.042 108.400 3.693
201912 2.998 108.500 3.636
202003 2.726 108.600 3.303
202006 2.630 108.800 3.181
202009 2.545 109.200 3.067
202012 2.529 109.400 3.042
202103 2.538 109.700 3.045
202106 2.576 111.400 3.043
202109 2.585 112.400 3.027
202112 2.615 114.700 3.000
202203 2.734 116.500 3.088
202206 2.597 120.500 2.836
202209 2.665 122.300 2.868
202212 2.769 125.300 2.908
202303 2.699 126.800 2.801
202306 2.568 129.400 2.612
202309 2.529 130.100 2.558
202312 2.517 130.500 2.538
202403 2.513 131.600 2.513

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.


Amcor  (STU:485B) 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.


Amcor Cyclically Adjusted PB Ratio Related Terms

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


Amcor (STU:485B) Business Description

Traded in Other Exchanges
Address
83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP
Amcor is a global manufacturer of flexible and rigid plastic packaging and provides packaging solutions to the food, beverage, pharmaceuticals, medical, household, personal care, and industrials sectors. Operations span more than 40 countries and over 200 locations. Around half of group sales are derived from North America, one quarter from Europe, and the remainder from emerging markets. Amcor operates two distinct businesses: flexibles and rigids. Flexibles accounts for about 80% of earnings and produces plastic, aluminium, and fibre-based packaging. Rigids accounts for about 20% of earnings and consists primarily of hot-fill and cold-fill polyethylene terephthalate bottling solutions in the North American and Latin American markets.

Amcor (STU:485B) Headlines

No Headlines