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Clearwater Paper (STU:5WC) Cyclically Adjusted PB Ratio : 1.41 (As of Jun. 06, 2024)


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What is Clearwater Paper Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Clearwater Paper's current share price is €47.00. Clearwater Paper's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €33.44. Clearwater Paper's Cyclically Adjusted PB Ratio for today is 1.41.

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

STU:5WC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.53   Med: 1.1   Max: 3.07
Current: 1.42

During the past years, Clearwater Paper's highest Cyclically Adjusted PB Ratio was 3.07. The lowest was 0.53. And the median was 1.10.

STU:5WC's Cyclically Adjusted PB Ratio is ranked worse than
68.18% of 242 companies
in the Forest Products industry
Industry Median: 0.93 vs STU:5WC: 1.42

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.

Clearwater Paper's adjusted book value per share data for the three months ended in Mar. 2024 was €37.829. 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 €33.44 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Clearwater Paper Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Clearwater Paper'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.

Clearwater Paper Cyclically Adjusted PB Ratio Chart

Clearwater Paper 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 0.77 1.31 1.17 1.12 1.01

Clearwater Paper 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 0.97 0.89 1.02 1.01 1.20

Competitive Comparison of Clearwater Paper's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Clearwater Paper'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.


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

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

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



Clearwater Paper 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.

Clearwater Paper's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.00/33.44
=1.41

* 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.

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

For example, Clearwater Paper'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)
=37.829/131.7762*131.7762
=37.829

Current CPI (Mar. 2024) = 131.7762.

Clearwater Paper Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.518 100.560 26.887
201409 21.492 100.428 28.201
201412 20.631 99.070 27.442
201503 22.627 99.621 29.930
201506 22.785 100.684 29.821
201509 22.890 100.392 30.046
201512 24.473 99.792 32.317
201603 24.554 100.470 32.205
201606 25.292 101.688 32.776
201609 25.095 101.861 32.465
201612 27.018 101.863 34.952
201703 26.949 102.862 34.524
201706 26.190 103.349 33.394
201709 24.831 104.136 31.422
201712 29.563 104.011 37.455
201803 28.611 105.290 35.808
201806 30.710 106.317 38.064
201809 32.702 106.507 40.461
201812 22.740 105.998 28.270
201903 23.163 107.251 28.460
201906 23.276 108.070 28.382
201909 23.374 108.329 28.433
201912 23.541 108.420 28.612
202003 24.294 108.902 29.397
202006 25.229 108.767 30.566
202009 25.421 109.815 30.505
202012 25.846 109.897 30.992
202103 27.000 111.754 31.837
202106 24.275 114.631 27.906
202109 25.041 115.734 28.512
202112 27.130 117.630 30.393
202203 28.627 121.301 31.099
202206 30.727 125.017 32.388
202209 34.304 125.227 36.098
202212 32.214 125.222 33.900
202303 32.609 127.348 33.743
202306 33.952 128.729 34.756
202309 36.686 129.860 37.227
202312 37.198 129.419 37.875
202403 37.829 131.776 37.829

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.


Clearwater Paper  (STU:5WC) 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.


Clearwater Paper Cyclically Adjusted PB Ratio Related Terms

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


Clearwater Paper (STU:5WC) Business Description

Traded in Other Exchanges
Address
601 West Riverside, Suite 1100, Spokane, WA, USA, 99201
Clearwater Paper Corp is engaged in the manufacturing and selling of private label tissue, paperboard, and pulp-based products. The company has two reportable segments namely the consumer products segment which manufactures and sells a complete line of at-home tissue products as well as AFH products. The pulp and paperboard segment manufactures and markets bleached paperboard for the high-end segment of the packaging industry as well as offers services that include custom sheeting, slitting and cutting of paperboard. It generates maximum revenue from Pulp and Paperboard segment. Geographically, it derives maximum revenue from the United States.

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