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Viskase (Viskase) Cyclically Adjusted PB Ratio : 1.97 (As of May. 26, 2024)


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What is Viskase Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Viskase's current share price is $2.01. Viskase's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $1.02. Viskase's Cyclically Adjusted PB Ratio for today is 1.97.

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

VKSC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.86   Med: 1.92   Max: 47.8
Current: 1.97

During the past years, Viskase's highest Cyclically Adjusted PB Ratio was 47.80. The lowest was 0.86. And the median was 1.92.

VKSC's Cyclically Adjusted PB Ratio is ranked worse than
68.86% of 273 companies
in the Packaging & Containers industry
Industry Median: 1.23 vs VKSC: 1.97

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.

Viskase's adjusted book value per share data for the three months ended in Sep. 2023 was $1.703. 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 $1.02 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viskase Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viskase'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.

Viskase Cyclically Adjusted PB Ratio Chart

Viskase Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 9.16 3.50

Viskase Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Sep22 Sep23
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 5.29 4.42 3.50 - 1.81

Competitive Comparison of Viskase's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Viskase'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.


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

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

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



Viskase 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.01/1.02
=1.97

* 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.

Viskase's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Viskase's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=1.703/129.8595*129.8595
=1.703

Current CPI (Sep. 2023) = 129.8595.

Viskase Quarterly Data

Book Value per Share CPI Adj_Book
200812 -0.616 88.697 -0.902
200903 0.000 89.744 0.000
200906 0.000 91.003 0.000
200909 0.042 91.120 0.060
200912 -0.155 91.111 -0.221
201003 -0.098 91.821 -0.139
201006 -0.074 91.962 -0.104
201009 0.112 92.162 0.158
201012 0.139 92.474 0.195
201103 0.304 94.283 0.419
201106 0.510 95.235 0.695
201109 0.451 95.727 0.612
201112 0.000 95.213 0.000
201212 -0.232 96.871 -0.311
201303 0.000 98.209 0.000
201306 0.000 98.518 0.000
201309 0.000 98.790 0.000
201312 1.458 98.326 1.926
201403 1.324 99.695 1.725
201406 1.433 100.560 1.851
201409 1.379 100.428 1.783
201412 1.027 99.070 1.346
201503 0.881 99.621 1.148
201506 1.114 100.684 1.437
201509 1.037 100.392 1.341
201512 0.875 99.792 1.139
201603 1.011 100.470 1.307
201606 1.041 101.688 1.329
201609 1.076 101.861 1.372
201612 0.777 101.863 0.991
201703 0.979 102.862 1.236
201706 1.096 103.349 1.377
201709 1.319 104.136 1.645
201712 0.931 104.011 1.162
201803 1.687 105.290 2.081
201806 1.602 106.317 1.957
201809 1.378 106.507 1.680
201812 1.344 105.998 1.647
202209 0.000 125.227 0.000
202309 1.703 129.860 1.703

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.


Viskase  (OTCPK:VKSC) 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.


Viskase Cyclically Adjusted PB Ratio Related Terms

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


Viskase (Viskase) Business Description

Traded in Other Exchanges
N/A
Address
333 East Butterfield Road, Suite 400, Lombard, IL, USA, 60148-5679
Viskase Companies Inc together with its subsidiaries manufactures and distributes non-edible cellulosic food casings used to prepare and package processed meat products. It offers cellulose, fibrous, polyamide casings, and film under the brand NOJAX, VISCOAT, MOKE MASTER, COLOR MASTER, POLYJAX, and others. The company's geographical segments are located in North America, South America, Europe, and Asia. The majority of its revenue is derived from North America.

Viskase (Viskase) Headlines

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