GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Empresas CMPC SA (XSGO:CMPC) » Definitions » Cyclically Adjusted PB Ratio

Empresas CMPC (XSGO:CMPC) Cyclically Adjusted PB Ratio : 0.64 (As of May. 16, 2024)


View and export this data going back to 1982. Start your Free Trial

What is Empresas CMPC Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Empresas CMPC's current share price is CLP1905.00. Empresas CMPC's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was CLP2,979.22. Empresas CMPC's Cyclically Adjusted PB Ratio for today is 0.64.

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

XSGO:CMPC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.43   Med: 0.62   Max: 1
Current: 0.65

During the past years, Empresas CMPC's highest Cyclically Adjusted PB Ratio was 1.00. The lowest was 0.43. And the median was 0.62.

XSGO:CMPC's Cyclically Adjusted PB Ratio is ranked better than
65.14% of 218 companies
in the Forest Products industry
Industry Median: 0.88 vs XSGO:CMPC: 0.65

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.

Empresas CMPC's adjusted book value per share data for the three months ended in Mar. 2024 was CLP2,808.959. 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 CLP2,979.22 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Empresas CMPC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Empresas CMPC'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.

Empresas CMPC Cyclically Adjusted PB Ratio Chart

Empresas CMPC 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 0.84 0.81 0.57 0.49 0.57

Empresas CMPC 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 0.45 0.52 0.55 0.57 0.67

Competitive Comparison of Empresas CMPC's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Empresas CMPC'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.


Empresas CMPC's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

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



Empresas CMPC 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.

Empresas CMPC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1905.00/2979.22
=0.64

* 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.

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

For example, Empresas CMPC'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)
=2808.959/146.1089*146.1089
=2,808.959

Current CPI (Mar. 2024) = 146.1089.

Empresas CMPC Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,970.307 95.543 3,013.093
201409 2,003.354 96.883 3,021.251
201412 1,992.318 97.515 2,985.138
201503 2,023.583 98.539 3,000.469
201506 2,054.721 99.770 3,009.042
201509 2,226.966 101.383 3,209.416
201512 2,241.966 101.775 3,218.579
201603 2,168.048 102.930 3,077.539
201606 2,132.697 103.965 2,997.217
201609 2,138.390 104.521 2,989.243
201612 2,128.182 104.532 2,974.663
201703 2,122.504 105.752 2,932.493
201706 2,125.000 105.730 2,936.547
201709 2,074.202 106.035 2,858.102
201712 1,988.912 106.907 2,718.232
201803 1,999.246 107.670 2,713.003
201806 2,128.422 108.421 2,868.268
201809 2,201.889 109.369 2,941.556
201812 2,293.505 109.653 3,056.031
201903 2,248.987 110.339 2,978.070
201906 2,266.831 111.352 2,974.384
201909 2,374.701 111.821 3,102.869
201912 2,422.490 112.943 3,133.858
202003 2,599.443 114.468 3,317.965
202006 2,509.378 114.283 3,208.195
202009 2,408.232 115.275 3,052.399
202012 2,292.809 116.299 2,880.510
202103 2,296.821 117.770 2,849.510
202106 2,376.297 118.630 2,926.721
202109 2,482.916 121.431 2,987.518
202112 2,614.716 124.634 3,065.244
202203 2,529.228 128.850 2,867.998
202206 2,955.192 133.448 3,235.559
202209 3,113.491 138.101 3,294.036
202212 2,742.782 140.574 2,850.775
202303 2,580.868 143.145 2,634.299
202306 2,679.543 143.538 2,727.544
202309 2,980.107 145.172 2,999.342
202312 2,753.090 146.109 2,753.090
202403 2,808.959 146.109 2,808.959

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.


Empresas CMPC  (XSGO:CMPC) 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.


Empresas CMPC Cyclically Adjusted PB Ratio Related Terms

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


Empresas CMPC (XSGO:CMPC) Business Description

Traded in Other Exchanges
N/A
Address
Agustinas 1343, Santiago, CHL
Empresas CMPC SA produces and sells pulp, paper, packaging, tissue paper, and other paper products. The firm organizes itself into three segments based on product type. The pulp forestry segment, which generates the majority of revenue, harvests timber and sells pulp, which is used to make paper products. The paper segment sells a variety of paper products. The tissue segment sells tissue papers. The majority of revenue comes from Latin America. The majority of the company's shares outstanding are owned by Matte Group.

Empresas CMPC (XSGO:CMPC) Headlines

No Headlines