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US Silica Holdings (US Silica Holdings) Cyclically Adjusted PB Ratio : 1.25 (As of Apr. 27, 2024)


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What is US Silica Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), US Silica Holdings's current share price is $15.89. US Silica Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.71. US Silica Holdings's Cyclically Adjusted PB Ratio for today is 1.25.

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

SLCA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.95   Max: 1.8
Current: 1.03

During the past years, US Silica Holdings's highest Cyclically Adjusted PB Ratio was 1.80. The lowest was 0.11. And the median was 0.95.

SLCA's Cyclically Adjusted PB Ratio is ranked better than
50.12% of 808 companies
in the Oil & Gas industry
Industry Median: 1.01 vs SLCA: 1.03

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.

US Silica Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $11.003. 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 $12.71 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


US Silica Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for US Silica Holdings'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.

US Silica Holdings Cyclically Adjusted PB Ratio Chart

US Silica Holdings 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 0.65 0.73 0.86 1.05 0.89

US Silica Holdings 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 1.05 0.97 0.97 1.11 0.89

Competitive Comparison of US Silica Holdings's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, US Silica Holdings'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.


US Silica Holdings's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, US Silica Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



US Silica Holdings 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.

US Silica Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.89/12.71
=1.25

* 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.

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

For example, US Silica Holdings'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)
=11.003/129.4194*129.4194
=11.003

Current CPI (Dec. 2023) = 129.4194.

US Silica Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.079 99.695 7.892
201406 6.565 100.560 8.449
201409 7.327 100.428 9.442
201412 7.492 99.070 9.787
201503 7.458 99.621 9.689
201506 7.568 100.684 9.728
201509 7.449 100.392 9.603
201512 7.195 99.792 9.331
201603 8.743 100.470 11.262
201606 8.514 101.688 10.836
201609 11.482 101.861 14.588
201612 15.714 101.863 19.965
201703 15.714 102.862 19.771
201706 16.037 103.349 20.082
201709 16.605 104.136 20.637
201712 17.343 104.011 21.580
201803 17.375 105.290 21.357
201806 17.488 106.317 21.288
201809 17.627 106.507 21.419
201812 14.283 105.998 17.439
201903 13.899 107.251 16.772
201906 13.862 108.070 16.601
201909 13.482 108.329 16.107
201912 9.581 108.420 11.437
202003 8.521 108.902 10.126
202006 8.155 108.767 9.703
202009 8.005 109.815 9.434
202012 8.316 109.897 9.793
202103 8.170 111.754 9.461
202106 8.535 114.631 9.636
202109 8.284 115.734 9.264
202112 8.053 117.630 8.860
202203 7.972 121.301 8.506
202206 8.279 125.017 8.571
202209 8.728 125.227 9.020
202212 9.199 125.222 9.507
202303 9.524 127.348 9.679
202306 10.209 128.729 10.264
202309 10.609 129.860 10.573
202312 11.003 129.419 11.003

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.


US Silica Holdings  (NYSE:SLCA) 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.


US Silica Holdings Cyclically Adjusted PB Ratio Related Terms

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


US Silica Holdings (US Silica Holdings) Business Description

Industry
Traded in Other Exchanges
Address
24275 Katy Freeway, Suite 600, Katy, TX, USA, 77494
US Silica Holdings Inc is the supplier of sand used in the hydraulic fracturing of oil and gas wells. The company delivers sand in basins via its extensive logistics network and has an emerging last-mile logistics capability to deliver sand direct to the well site. Its operating segment includes Oil and Gas Proppants and Industrial and Specialty Products. The company generates maximum revenue from the Oil and Gas Proppants segment.
Executives
Kevin Hough officer: EVP & Chief Financial Officer 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Bryan Adair Shinn director, officer: President & CEO 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Jay Moreau officer: EVP & Chief Operating Officer 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Jimmi Sue Smith director 625 LIBERTY AVENUE, SUITE 1700, C/O EQT CORPORATION, PITTSBURGH PA 15222
Simon Bates director 62 WHITTEMORE AVE, CAMBRIDGE MA 02140
Diane K Duren director PO BOX 45308, OMAHA NE 68145
Donald A Merril officer: EVP & Chief Financial Officer 1293 SOUTH MAIN STREET, AKRON OH 44301
Stacy Russell officer: SVP General Counsel 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
William Jennings Kacal director 2112 INWOOD DRIVE, HOUSTON TX 77019
Charles W Shaver director C/O US SILICA, 8490 PROGRESS DR. STE 300, FREDERICK MD 21701
Michael L Winkler officer: EVP & Chief Operating Officer 8490 PROGRESS DRIVE, SUITE 300, FREDERICK MD 21701
Sandra Rogers director 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
Zach Carusona officer: President Specialty Minerals 24275 KATY FREEWAY, SUITE 600, KATY TX 77494
James Derek Ussery officer: President Oil and Gas 1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Donna Lynnette Crowder officer: SVP and CHRO 24275 KATY FREEWAY, SUITE 600, KATY TX 77494