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Buckeye Technologies, (FRA:BUC) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


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What is Buckeye Technologies, Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Buckeye Technologies, Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Buckeye Technologies,'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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Buckeye Technologies, Cyclically Adjusted PB Ratio Chart

Buckeye Technologies, Annual Data
Trend Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12
Cyclically Adjusted PB Ratio
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Buckeye Technologies, Quarterly Data
Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13
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Competitive Comparison of Buckeye Technologies,'s Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Buckeye Technologies,'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.


Buckeye Technologies,'s Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

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

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



Buckeye Technologies, 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.

Buckeye Technologies,'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2013 is calculated as:

For example, Buckeye Technologies,'s adjusted Book Value per Share data for the three months ended in Mar. 2013 was:

Adj_Book=Book Value per Share/CPI of Mar. 2013 (Change)*Current CPI (Mar. 2013)
=13.079/98.2094*98.2094
=13.079

Current CPI (Mar. 2013) = 98.2094.

Buckeye Technologies, Quarterly Data

Book Value per Share CPI Adj_Book
200306 6.071 77.505 7.693
200309 6.325 78.138 7.950
200312 5.976 77.758 7.548
200403 5.116 79.066 6.355
200406 5.069 80.037 6.220
200409 5.355 80.121 6.564
200412 5.252 80.290 6.424
200503 5.325 81.555 6.412
200506 5.900 82.062 7.061
200509 6.032 83.876 7.063
200512 6.173 83.032 7.301
200603 6.213 84.298 7.238
200606 6.072 85.606 6.966
200609 6.106 85.606 7.005
200612 5.881 85.142 6.784
200703 6.035 86.640 6.841
200706 6.678 87.906 7.461
200709 6.919 87.964 7.725
200712 7.004 88.616 7.762
200803 6.732 90.090 7.339
200806 6.988 92.320 7.434
200809 7.402 92.307 7.875
200812 4.837 88.697 5.356
200903 5.013 89.744 5.486
200906 5.866 91.003 6.331
200909 6.483 91.120 6.987
200912 7.301 91.111 7.870
201003 8.069 91.821 8.630
201006 8.951 91.962 9.559
201009 9.844 92.162 10.490
201012 10.079 92.474 10.704
201103 10.255 94.283 10.682
201106 10.149 95.235 10.466
201109 10.784 95.727 11.064
201112 11.239 95.213 11.593
201203 11.610 96.783 11.781
201206 12.178 96.819 12.353
201209 12.564 97.633 12.638
201212 12.470 96.871 12.642
201303 13.079 98.209 13.079

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.


Buckeye Technologies,  (FRA:BUC) 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.


Buckeye Technologies, Cyclically Adjusted PB Ratio Related Terms

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Buckeye Technologies, (FRA:BUC) Business Description

Traded in Other Exchanges
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Address
Website
Buckeye Technologies, Inc. was incorporated in Delaware. It began operations as an independent company on March 16, 1993. It became a public company in November of 1995. The Company is a producer of value-added cellulose-based specialty products. The Company is the only manufacturer in the world offering cellulose-based specialty products made from both wood and cotton and utilizing wetlaid and airlaid technologies. Cellulose is a natural fiber derived from trees and other plants that is used in the manufacture of a wide array of products. The total cellulose market generally could be divided into two categories: commodity and specialty. Manufacturers use commodity cellulose to produce bulk paper and packaging materials, the markets for which are very large but highly cyclical. The Company's product lines could be broadly grouped into four categories: chemical cellulose, customized fibers, fluff pulp and nonwoven materials. It manages these products within two reporting segments: specialty fibers and nonwoven materials. The chemical cellulose and customized fibers are derived from wood and cotton cellulose materials using wetlaid technologies. Fluff pulps are derived from wood using wetlaid technology. Wetlaid technologies encompass cellulose manufacturing processes in which fibers are deposited using water. Airlaid nonwoven materials are derived from wood pulps, synthetic fibers and other materials using airlaid technology. Airlaid technology utilizes air as a depositing medium for fibers, one benefit of which is an increased ability as compared to wetlaid processes to mix additional feature-enhancing substances into the material being produced. Slash pine timber and cotton fibers are the main raw materials used in the manufacture of its specialty fibers products. Slash pine timber and cotton fibers are the main raw materials used in the manufacture of its specialty fibers products. The Company's operations are subject to extensive general and industry-specific federal, state, local and foreign environmental laws and regulations, particularly those relating to air and water quality, waste disposal and the cleanup of contaminated soil and groundwater.

Buckeye Technologies, (FRA:BUC) Headlines

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