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International Paper Co (FRA:INP) Cyclically Adjusted PB Ratio : 1.92 (As of May. 20, 2024)


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What is International Paper Co Cyclically Adjusted PB Ratio?

As of today (2024-05-20), International Paper Co's current share price is €37.39. International Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.43. International Paper Co's Cyclically Adjusted PB Ratio for today is 1.92.

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

FRA:INP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.52   Med: 2.6   Max: 4
Current: 1.95

During the past years, International Paper Co's highest Cyclically Adjusted PB Ratio was 4.00. The lowest was 1.52. And the median was 2.60.

FRA:INP's Cyclically Adjusted PB Ratio is ranked worse than
69.17% of 266 companies
in the Packaging & Containers industry
Industry Median: 1.205 vs FRA:INP: 1.95

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.

International Paper Co's adjusted book value per share data for the three months ended in Mar. 2024 was €21.954. 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 €19.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Paper Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Paper Co'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.

International Paper Co Cyclically Adjusted PB Ratio Chart

International Paper Co 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 2.72 2.86 2.63 1.77 1.76

International Paper Co 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 1.81 1.57 1.72 1.76 1.87

Competitive Comparison of International Paper Co's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, International Paper Co'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.


International Paper Co's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

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



International Paper Co 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.

International Paper Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.39/19.43
=1.92

* 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.

International Paper Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, International Paper Co'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)
=21.954/131.7762*131.7762
=21.954

Current CPI (Mar. 2024) = 131.7762.

International Paper Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.956 100.560 16.978
201409 12.489 100.428 16.387
201412 9.873 99.070 13.132
201503 10.643 99.621 14.078
201506 10.435 100.684 13.657
201509 9.347 100.392 12.269
201512 8.652 99.792 11.425
201603 9.247 100.470 12.128
201606 8.710 101.688 11.287
201609 9.121 101.861 11.800
201612 10.007 101.863 12.946
201703 10.361 102.862 13.273
201706 9.797 103.349 12.492
201709 9.985 104.136 12.635
201712 13.346 104.011 16.909
201803 14.189 105.290 17.758
201806 14.327 106.317 17.758
201809 14.897 106.507 18.431
201812 16.154 105.998 20.083
201903 16.516 107.251 20.293
201906 16.810 108.070 20.498
201909 17.231 108.329 20.960
201912 17.704 108.420 21.518
202003 15.798 108.902 19.116
202006 15.942 108.767 19.314
202009 15.319 109.815 18.383
202012 16.423 109.897 19.693
202103 16.637 111.754 19.618
202106 17.738 114.631 20.391
202109 21.123 115.734 24.051
202112 21.235 117.630 23.789
202203 21.774 121.301 23.654
202206 23.632 125.017 24.910
202209 26.948 125.227 28.357
202212 22.898 125.222 24.097
202303 22.580 127.348 23.365
202306 22.419 128.729 22.950
202309 24.053 129.860 24.408
202312 22.141 129.419 22.544
202403 21.954 131.776 21.954

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.


International Paper Co  (FRA:INP) 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.


International Paper Co Cyclically Adjusted PB Ratio Related Terms

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


International Paper Co (FRA:INP) Business Description

Traded in Other Exchanges
Address
6400 Poplar Avenue, Memphis, TN, USA, 38197
International Paper manufactures packaging products and cellulose fibers. It accounts for roughly one third of the North American corrugated packaging market. Though it has operations in Brazil, Russia, India, and China, more than three fourths of its sales come from North America. International Paper serves a variety of end markets, including industrial, consumer products, and manufacturing.

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