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Huntsman (Huntsman) Cyclically Adjusted PB Ratio : 1.66 (As of Apr. 27, 2024)


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What is Huntsman Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Huntsman's current share price is $23.99. Huntsman's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.46. Huntsman's Cyclically Adjusted PB Ratio for today is 1.66.

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

HUN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 2.6   Max: 4.39
Current: 1.64

During the past years, Huntsman's highest Cyclically Adjusted PB Ratio was 4.39. The lowest was 1.08. And the median was 2.60.

HUN's Cyclically Adjusted PB Ratio is ranked worse than
51.81% of 1048 companies
in the Chemicals industry
Industry Median: 1.57 vs HUN: 1.64

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.

Huntsman's adjusted book value per share data for the three months ended in Dec. 2023 was $18.947. 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 $14.46 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huntsman Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Huntsman'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.

Huntsman Cyclically Adjusted PB Ratio Chart

Huntsman 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 2.68 2.58 3.09 2.11 1.74

Huntsman 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 2.11 2.02 1.94 1.71 1.74

Competitive Comparison of Huntsman's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Huntsman'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.


Huntsman's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Huntsman 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.99/14.46
=1.66

* 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.

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

For example, Huntsman'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)
=18.947/129.4194*129.4194
=18.947

Current CPI (Dec. 2023) = 129.4194.

Huntsman Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.370 99.695 10.866
201406 8.879 100.560 11.427
201409 9.149 100.428 11.790
201412 7.262 99.070 9.487
201503 6.542 99.621 8.499
201506 6.790 100.684 8.728
201509 6.564 100.392 8.462
201512 6.082 99.792 7.888
201603 6.344 100.470 8.172
201606 6.471 101.688 8.236
201609 6.720 101.861 8.538
201612 5.445 101.863 6.918
201703 6.097 102.862 7.671
201706 6.992 103.349 8.756
201709 8.847 104.136 10.995
201712 10.907 104.011 13.571
201803 12.133 105.290 14.914
201806 12.846 106.317 15.637
201809 12.458 106.507 15.138
201812 10.816 105.998 13.206
201903 11.260 107.251 13.587
201906 11.417 108.070 13.673
201909 11.046 108.329 13.196
201912 11.980 108.420 14.300
202003 14.765 108.902 17.547
202006 14.477 108.767 17.226
202009 14.657 109.815 17.274
202012 15.992 109.897 18.833
202103 16.143 111.754 18.695
202106 16.867 114.631 19.043
202109 17.412 115.734 19.471
202112 20.442 117.630 22.491
202203 20.683 121.301 22.067
202206 20.563 125.017 21.287
202209 19.579 125.227 20.235
202212 19.735 125.222 20.397
202303 20.802 127.348 21.140
202306 20.411 128.729 20.521
202309 19.751 129.860 19.684
202312 18.947 129.419 18.947

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.


Huntsman  (NYSE:HUN) 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.


Huntsman Cyclically Adjusted PB Ratio Related Terms

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


Huntsman (Huntsman) Business Description

Industry
Traded in Other Exchanges
Address
10003 Woodloch Forest Drive, The Woodlands, TX, USA, 77380
Huntsman Corp is a us-based manufacturer of differentiated organic chemical products. Its product portfolio comprises Methyl diphenyl diisocyanate (MDI), Amines, Maleic anhydride, Epoxy-based polymer formulations. The company's products are used in adhesives, aerospace, automotive, construction products, among others. Its operating segments are Polyurethanes, Performance Products and Advanced Materials. It derives most of its revenue from the Polyurethanes segment which includes MDI, polyols, TPU (thermoplastic polyurethane), and other polyurethane-related products. Its geographical segments are the United States & Canada, Europe, Asia- Pacific, and the Rest of the world.
Executives
David M Stryker officer: Exec VP, GC and Sec 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Curtis E Espeland director C/O EASTMAN CHEMICAL CO, 200 S WILCOX DRIVE, KINGSPORT TN 37660-5280
David B Sewell director 101 W. PROSPECT AVENUE, CLEVELAND OH 44115
Munoz Barcelo Jose Antonio director C/O HUNTSMAN CORPORATION, 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Steven C. Jorgensen officer: VP & Controller 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Philip M. Lister officer: Exec VP & CFO 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Randy W. Wright officer: VP and Controller 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Scott J Wright officer: Division President 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Jeanne Mcgovern director 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Mary C Beckerle director 500 HUNTSMAN WAY, SALT LAKE CITY UT 84108
Brittany Benko officer: Sr. VP, EHS 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Charlton R. Hirsch officer: SVP, Performance Products 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Sonia Dula director 4000 PONCE DE LEON BLVD., SUITE 650, CORAL GABLES FL 33146
Peter R Huntsman director, officer: President and CEO WATERWAY 1, 10003 WOODLOCH FOREST DRIVE, THE WOODLANDS TX 77380