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Eastman Kodak Co (STU:KODN) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 02, 2024)


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What is Eastman Kodak Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Eastman Kodak Co's current share price is €4.78. Eastman Kodak Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €4.23. Eastman Kodak Co's Cyclically Adjusted PB Ratio for today is 1.13.

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

STU:KODN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 6.27   Max: 90.86
Current: 1.12

During the past years, Eastman Kodak Co's highest Cyclically Adjusted PB Ratio was 90.86. The lowest was 0.70. And the median was 6.27.

STU:KODN's Cyclically Adjusted PB Ratio is ranked better than
62.63% of 669 companies
in the Business Services industry
Industry Median: 1.61 vs STU:KODN: 1.12

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.

Eastman Kodak Co's adjusted book value per share data for the three months ended in Mar. 2024 was €10.950. 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 €4.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastman Kodak Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eastman Kodak Co'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.

Eastman Kodak Co Cyclically Adjusted PB Ratio Chart

Eastman Kodak Co 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 - - - 1.58 0.80

Eastman Kodak Co 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 1.53 1.33 1.00 0.80 1.04

Competitive Comparison of Eastman Kodak Co's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Eastman Kodak Co'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.


Eastman Kodak Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eastman Kodak Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eastman Kodak Co 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.

Eastman Kodak Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.78/4.23
=1.13

* 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.

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

For example, Eastman Kodak Co'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)
=10.95/131.7762*131.7762
=10.950

Current CPI (Mar. 2024) = 131.7762.

Eastman Kodak Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.266 100.560 12.142
201409 9.371 100.428 12.296
201412 5.362 99.070 7.132
201503 4.896 99.621 6.476
201506 4.253 100.684 5.566
201509 3.312 100.392 4.347
201512 1.702 99.792 2.247
201603 -1.621 100.470 -2.126
201606 -1.413 101.688 -1.831
201609 -1.053 101.861 -1.362
201612 -1.632 101.863 -2.111
201703 -1.279 102.862 -1.639
201706 -1.236 103.349 -1.576
201709 -2.304 104.136 -2.916
201712 1.131 104.011 1.433
201803 0.609 105.290 0.762
201806 0.241 106.317 0.299
201809 0.361 106.507 0.447
201812 -0.062 105.998 -0.077
201903 -0.329 107.251 -0.404
201906 3.766 108.070 4.592
201909 3.603 108.329 4.383
201912 2.063 108.420 2.507
202003 -0.518 108.902 -0.627
202006 -0.610 108.767 -0.739
202009 0.967 109.815 1.160
202012 0.820 109.897 0.983
202103 1.113 111.754 1.312
202106 1.375 114.631 1.581
202109 1.557 115.734 1.773
202112 8.783 117.630 9.839
202203 8.999 121.301 9.776
202206 10.789 125.017 11.372
202209 11.505 125.227 12.107
202212 12.424 125.222 13.074
202303 12.579 127.348 13.016
202306 11.241 128.729 11.507
202309 11.303 129.860 11.470
202312 10.725 129.419 10.920
202403 10.950 131.776 10.950

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.


Eastman Kodak Co  (STU:KODN) 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.


Eastman Kodak Co Cyclically Adjusted PB Ratio Related Terms

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


Eastman Kodak Co (STU:KODN) Business Description

Traded in Other Exchanges
Address
343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.

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