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International Zeolite (FRA:ZEON) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is International Zeolite Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


International Zeolite Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Zeolite'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 Zeolite Cyclically Adjusted PB Ratio Chart

International Zeolite 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 3.30 2.37 34.93 - -

International Zeolite 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 - - - - -

Competitive Comparison of International Zeolite's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, International Zeolite'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 Zeolite's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Zeolite's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

For example, International Zeolite'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)
=-0.034/125.4675*125.4675
=-0.034

Current CPI (Dec. 2023) = 125.4675.

International Zeolite Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.008 98.604 -0.010
201406 -0.043 99.473 -0.054
201409 -0.047 99.394 -0.059
201412 -0.050 98.367 -0.064
201503 -0.056 99.789 -0.070
201506 -0.045 100.500 -0.056
201509 -0.043 100.421 -0.054
201512 -0.034 99.947 -0.043
201603 -0.038 101.054 -0.047
201606 -0.018 102.002 -0.022
201609 -0.013 101.765 -0.016
201612 -0.010 101.449 -0.012
201703 -0.002 102.634 -0.002
201706 0.004 103.029 0.005
201709 0.004 103.345 0.005
201712 0.035 103.345 0.042
201803 0.028 105.004 0.033
201806 0.017 105.557 0.020
201809 0.013 105.636 0.015
201812 0.011 105.399 0.013
201903 0.009 106.979 0.011
201906 0.005 107.690 0.006
201909 0.004 107.611 0.005
201912 0.003 107.769 0.003
202003 0.000 107.927 0.000
202006 0.002 108.401 0.002
202009 0.000 108.164 0.000
202012 -0.002 108.559 -0.002
202103 -0.003 110.298 -0.003
202106 -0.005 111.720 -0.006
202109 -0.007 112.905 -0.008
202112 -0.004 113.774 -0.004
202203 -0.007 117.646 -0.007
202206 -0.010 120.806 -0.010
202209 -0.013 120.648 -0.014
202212 -0.012 120.964 -0.012
202303 -0.015 122.702 -0.015
202306 -0.028 124.203 -0.028
202309 -0.032 125.230 -0.032
202312 -0.034 125.468 -0.034

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 Zeolite  (FRA:ZEON) 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 Zeolite Cyclically Adjusted PB Ratio Related Terms

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International Zeolite (FRA:ZEON) Business Description

Traded in Other Exchanges
Address
1021 West Hastings Street, Suite 2300, 9th Floor, Vancouver, BC, CAN, V6E0C3
International Zeolite Corp is a Canada-based company that markets and supplies natural zeolite and zeolite-infused products. The company's operating segments include the exploration and development segment; and the retail and commercial sales segment which is the key revenue driver. The revenue comprises sales of zeolite products, commissions earned on sales of zeolite products, and royalties earned on bulk zeolite material shipped from its site in Princeton.

International Zeolite (FRA:ZEON) Headlines