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The Chemours Co (The Chemours Co) Cyclically Adjusted PB Ratio : 3.89 (As of Apr. 27, 2024)


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What is The Chemours Co Cyclically Adjusted PB Ratio?

As of today (2024-04-27), The Chemours Co's current share price is $27.32. The Chemours Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.03. The Chemours Co's Cyclically Adjusted PB Ratio for today is 3.89.

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

CC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.96   Med: 4.04   Max: 5.1
Current: 3.85

During the past years, The Chemours Co's highest Cyclically Adjusted PB Ratio was 5.10. The lowest was 2.96. And the median was 4.04.

CC's Cyclically Adjusted PB Ratio is ranked worse than
80.44% of 1048 companies
in the Chemicals industry
Industry Median: 1.57 vs CC: 3.85

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.

The Chemours Co's adjusted book value per share data for the three months ended in Dec. 2023 was $4.960. 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 $7.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Chemours Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Chemours 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.

The Chemours Co Cyclically Adjusted PB Ratio Chart

The Chemours 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 - - - 3.93 4.49

The Chemours Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.93 3.78 4.90 3.73 4.49

Competitive Comparison of The Chemours Co's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, The Chemours 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.


The Chemours Co's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, The Chemours Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Chemours 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.

The Chemours Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=27.32/7.03
=3.89

* 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.

The Chemours Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Chemours Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=4.96/129.4194*129.4194
=4.960

Current CPI (Dec. 2023) = 129.4194.

The Chemours Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 0.000 100.560 0.000
201409 21.684 100.428 27.944
201412 20.271 99.070 26.481
201503 22.790 99.621 29.607
201506 2.216 100.684 2.848
201509 0.475 100.392 0.612
201512 0.696 99.792 0.903
201603 1.036 100.470 1.335
201606 0.909 101.688 1.157
201609 2.075 101.861 2.636
201612 0.548 101.863 0.696
201703 1.914 102.862 2.408
201706 3.070 103.349 3.844
201709 4.322 104.136 5.371
201712 4.701 104.011 5.849
201803 5.584 105.290 6.864
201806 5.773 106.317 7.027
201809 6.557 106.507 7.968
201812 5.937 105.998 7.249
201903 4.909 107.251 5.924
201906 5.034 108.070 6.029
201909 5.120 108.329 6.117
201912 4.212 108.420 5.028
202003 3.989 108.902 4.741
202006 4.000 108.767 4.759
202009 4.451 109.815 5.246
202012 4.930 109.897 5.806
202103 5.137 111.754 5.949
202106 5.430 114.631 6.130
202109 6.098 115.734 6.819
202112 6.712 117.630 7.385
202203 7.434 121.301 7.932
202206 7.803 125.017 8.078
202209 8.388 125.227 8.669
202212 7.454 125.222 7.704
202303 8.229 127.348 8.363
202306 5.451 128.729 5.480
202309 5.089 129.860 5.072
202312 4.960 129.419 4.960

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.


The Chemours Co  (NYSE:CC) 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.


The Chemours Co Cyclically Adjusted PB Ratio Related Terms

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


The Chemours Co (The Chemours Co) Business Description

Industry
Traded in Other Exchanges
Address
1007 Market Street, Wilmington, DE, USA, 19801
The Chemours Co is a global provider of chemicals. It delivers customized solutions with a wide range of industrial and specialty chemicals products for various markets including coatings, plastics, refrigeration, air conditioning, etc. The company's operating segments include Titanium Technologies, Thermal & Specialized Solutions, and Advanced Performance Materials. It generates maximum revenue from the Titanium Technologies segment. The Titanium Technologies segment is a producer of TiO2 pigment, a premium white pigment used to deliver whiteness, brightness, opacity, durability, efficiency, and protection across a variety of applications. Geographically, it derives a majority of its revenue from North America.
Executives
Ron Christopher Charles officer: Senior Vice President, People C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sandra Phillips Rogers director 1000 CRANBERRY WOODS DRIVE, CRANBERRY TOWNSHIP PA 16066
Erin N Kane director 300 KIMBALL DRIVE, SUITE 101, PARSIPPANY NJ 07054
Joseph T. Martinko officer: President, Thermal & Specializ C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Mark Newman officer: Senior Vice President and CFO 1011 WARRENVILLE ROAD, SUITE 600, LISLE IL 60532
Alvenia Scarborough officer: SVP Corp Communications & CBO C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Matthew S Abbott officer: SVP, Chief Enterprise Transfor C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Guillaume Pepy director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sean D Keohane director C/O CABOT CORPORATION, TWO SEAPORT LANE, SUITE 1300, BOSTON MA 02210
Calderon Gerardo Familiar officer: Pres Advanced Performance Mat C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Alisha Bellezza officer: President, Thermal Spec Solns C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Camela Wisel officer: VP, CAO & Controller C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Sameer Ralhan officer: SVP, CFO C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19899
Jonathan Lock officer: SVP, Chief Development Officer C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19801
Susan M. Kelliher officer: SVP, People and Health Service ALBEMARLE CORPORATION, 451 FLORIDA STREET, BATON ROUGE LA 70801