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Huntsman (FRA:HTR) Cyclically Adjusted PB Ratio : 1.69 (As of May. 26, 2024)


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What is Huntsman Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Huntsman's current share price is €22.80. Huntsman's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.52. Huntsman's Cyclically Adjusted PB Ratio for today is 1.69.

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

FRA:HTR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.08   Med: 2.59   Max: 4.39
Current: 1.68

During the past years, Huntsman's highest Cyclically Adjusted PB Ratio was 4.39. The lowest was 1.08. And the median was 2.59.

FRA:HTR's Cyclically Adjusted PB Ratio is ranked better than
50% of 1104 companies
in the Chemicals industry
Industry Median: 1.68 vs FRA:HTR: 1.68

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 Mar. 2024 was €16.848. 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 €13.52 for the trailing ten years ended in Mar. 2024.

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
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.02 1.94 1.71 1.74 1.75

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
=22.80/13.52
=1.69

* 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 Mar. 2024 is calculated as:

For example, Huntsman's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=16.848/131.7762*131.7762
=16.848

Current CPI (Mar. 2024) = 131.7762.

Huntsman Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.535 100.560 8.564
201409 7.099 100.428 9.315
201412 5.889 99.070 7.833
201503 6.045 99.621 7.996
201506 6.050 100.684 7.918
201509 5.849 100.392 7.678
201512 5.584 99.792 7.374
201603 5.697 100.470 7.472
201606 5.759 101.688 7.463
201609 5.987 101.861 7.745
201612 5.162 101.863 6.678
201703 5.701 102.862 7.304
201706 6.223 103.349 7.935
201709 7.423 104.136 9.393
201712 9.216 104.011 11.676
201803 9.840 105.290 12.315
201806 10.996 106.317 13.629
201809 10.676 106.507 13.209
201812 9.507 105.998 11.819
201903 9.965 107.251 12.244
201906 10.104 108.070 12.320
201909 10.030 108.329 12.201
201912 10.782 108.420 13.105
202003 13.362 108.902 16.169
202006 12.856 108.767 15.576
202009 12.444 109.815 14.933
202012 13.146 109.897 15.763
202103 13.560 111.754 15.989
202106 14.000 114.631 16.094
202109 14.801 115.734 16.853
202112 18.091 117.630 20.267
202203 18.781 121.301 20.403
202206 19.453 125.017 20.505
202209 19.775 125.227 20.809
202212 18.630 125.222 19.605
202303 19.429 127.348 20.105
202306 18.839 128.729 19.285
202309 18.507 129.860 18.780
202312 17.374 129.419 17.690
202403 16.848 131.776 16.848

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  (FRA:HTR) 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 (FRA:HTR) 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.

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