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5N Plus (TSX:VNP) Cyclically Adjusted PB Ratio : 2.59 (As of May. 31, 2024)


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What is 5N Plus Cyclically Adjusted PB Ratio?

As of today (2024-05-31), 5N Plus's current share price is C$5.72. 5N Plus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$2.21. 5N Plus's Cyclically Adjusted PB Ratio for today is 2.59.

The historical rank and industry rank for 5N Plus's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSX:VNP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.47   Med: 1.15   Max: 2.7
Current: 2.59

During the past years, 5N Plus's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.47. And the median was 1.15.

TSX:VNP's Cyclically Adjusted PB Ratio is ranked worse than
67.84% of 1163 companies
in the Chemicals industry
Industry Median: 1.71 vs TSX:VNP: 2.59

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.

5N Plus's adjusted book value per share data for the three months ended in Mar. 2024 was C$1.996. 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 C$2.21 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


5N Plus Cyclically Adjusted PB Ratio Historical Data

The historical data trend for 5N Plus'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.

5N Plus Cyclically Adjusted PB Ratio Chart

5N Plus 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 0.95 1.19 1.00 1.30 1.70

5N Plus 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 1.44 1.56 1.70 2.27

Competitive Comparison of 5N Plus's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, 5N Plus'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.


5N Plus's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, 5N Plus's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where 5N Plus's Cyclically Adjusted PB Ratio falls into.



5N Plus 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.

5N Plus's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.72/2.21
=2.59

* 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.

5N Plus's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, 5N Plus'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)
=1.996/126.2576*126.2576
=1.996

Current CPI (Mar. 2024) = 126.2576.

5N Plus Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.532 99.473 3.214
201409 2.620 99.394 3.328
201412 2.698 98.367 3.463
201503 2.908 99.789 3.679
201506 2.571 100.500 3.230
201509 2.241 100.421 2.818
201512 1.578 99.947 1.993
201603 1.486 101.054 1.857
201606 1.430 102.002 1.770
201609 1.378 101.765 1.710
201612 1.409 101.449 1.754
201703 1.487 102.634 1.829
201706 1.539 103.029 1.886
201709 1.462 103.345 1.786
201712 1.605 103.345 1.961
201803 1.689 105.004 2.031
201806 1.752 105.557 2.096
201809 1.783 105.636 2.131
201812 1.901 105.399 2.277
201903 1.867 106.979 2.203
201906 1.854 107.690 2.174
201909 1.847 107.611 2.167
201912 1.852 107.769 2.170
202003 1.984 107.927 2.321
202006 1.950 108.401 2.271
202009 1.921 108.164 2.242
202012 1.857 108.559 2.160
202103 1.831 110.298 2.096
202106 1.820 111.720 2.057
202109 1.872 112.905 2.093
202112 1.974 113.774 2.191
202203 1.885 117.646 2.023
202206 1.861 120.806 1.945
202209 1.803 120.648 1.887
202212 1.734 120.964 1.810
202303 1.780 122.702 1.832
202306 1.863 124.203 1.894
202309 1.919 125.230 1.935
202312 1.945 125.072 1.963
202403 1.996 126.258 1.996

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.


5N Plus  (TSX:VNP) 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.


5N Plus Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of 5N Plus's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


5N Plus (TSX:VNP) Business Description

Industry
Traded in Other Exchanges
Address
4385 Garand Street, Saint-Laurent, Montreal, QC, CAN, H4R 2B4
5N Plus Inc is a Canadian-based company producing specialty semiconductors and performance materials. The company operates in two segments Specialty Semiconductors and Performance Materials. The Specialty Semiconductors segment manufactures and sells products used in several applications such as renewable energy, space satellites and imaging. The Performance Materials segment manufactures and sells products that are used in several applications in pharmaceutical & healthcare, industrial, and catalytic and extractive. Main products are sold as active pharmaceutical ingredients, animal feed additives, specialized chemicals, commercial-grade metals, alloys, and engineered powders. The maximum revenue is derived from the Performance Materials segment.
Executives
Jean-marie Bourassa Director

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