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Papyrus Australia (ASX:PPY) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Papyrus Australia Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Papyrus Australia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Papyrus Australia'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.

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Papyrus Australia Cyclically Adjusted PB Ratio Chart

Papyrus Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.63 - 179.10 - 65.15

Papyrus Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - - - 65.15 -

Competitive Comparison of Papyrus Australia's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Papyrus Australia'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.


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

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

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



Papyrus Australia 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.

Papyrus Australia's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Papyrus Australia's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.005/124.1700*124.1700
=0.005

Current CPI (Jun23) = 124.1700.

Papyrus Australia Annual Data

Book Value per Share CPI Adj_Book
201406 -0.002 98.352 -0.003
201506 -0.003 99.838 -0.004
201606 -0.003 100.859 -0.004
201706 -0.003 102.809 -0.004
201806 -0.002 104.945 -0.002
201906 -0.002 106.617 -0.002
202006 0.000 106.246 0.000
202106 0.009 110.332 0.010
202206 0.007 117.112 0.007
202306 0.005 124.170 0.005

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.


Papyrus Australia  (ASX:PPY) 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.


Papyrus Australia Cyclically Adjusted PB Ratio Related Terms

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Papyrus Australia (ASX:PPY) Business Description

Traded in Other Exchanges
N/A
Address
C/o V P Rigano & Co Pty Ltd, Level 2, 2 Peel Street, Adelaide, SA, AUS, 5000
Papyrus Australia Ltd develops a technology that converts the waste trunk of the banana palm into alternatives to forest wood products to be used in paper, packaging, furniture, building, construction, and other industries. The Group's commercialisation strategy remains focused on developing partnerships with local organizations in banana-growing regions, to establish banana processing facilities for the conversion of banana plantation waste into moulded food packaging products.