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Greif (GEF.B) Cyclically Adjusted PB Ratio : 2.57 (As of May. 24, 2024)


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What is Greif Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Greif's current share price is $65.0035. Greif's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $25.34. Greif's Cyclically Adjusted PB Ratio for today is 2.57.

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

GEF.B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.47   Max: 3.17
Current: 2.54

During the past years, Greif's highest Cyclically Adjusted PB Ratio was 3.17. The lowest was 1.11. And the median was 2.47.

GEF.B's Cyclically Adjusted PB Ratio is ranked worse than
77.04% of 270 companies
in the Packaging & Containers industry
Industry Median: 1.22 vs GEF.B: 2.54

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.

Greif's adjusted book value per share data for the three months ended in Jan. 2024 was $51.720. 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 $25.34 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greif Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Greif'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.

Greif Cyclically Adjusted PB Ratio Chart

Greif Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.94 2.95 2.79 2.53

Greif Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.98 2.57 2.98 2.53 2.47

Competitive Comparison of Greif's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Greif'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.


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

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

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



Greif 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.

Greif's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.0035/25.34
=2.57

* 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.

Greif's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=51.72/130.1244*130.1244
=51.720

Current CPI (Jan. 2024) = 130.1244.

Greif Quarterly Data

Book Value per Share CPI Adj_Book
201404 32.629 100.023 42.448
201407 32.135 100.520 41.599
201410 29.143 100.176 37.856
201501 27.898 98.604 36.816
201504 27.063 99.824 35.278
201507 26.722 100.691 34.533
201510 25.876 100.346 33.555
201601 23.928 99.957 31.149
201604 25.058 100.947 32.301
201607 25.047 101.524 32.103
201610 24.170 101.988 30.838
201701 24.352 102.456 30.928
201704 24.981 103.167 31.508
201707 26.321 103.278 33.163
201710 25.768 104.070 32.219
201801 27.682 104.578 34.444
201804 27.645 105.708 34.030
201807 28.375 106.324 34.727
201810 28.187 106.695 34.377
201901 28.337 106.200 34.721
201904 27.500 107.818 33.189
201907 28.360 108.250 34.091
201910 28.677 108.577 34.368
202001 29.452 108.841 35.211
202004 27.329 108.173 32.875
202007 28.795 109.318 34.276
202010 29.070 109.861 34.432
202101 30.367 110.364 35.804
202104 34.607 112.673 39.967
202107 36.489 115.183 41.222
202110 38.136 116.696 42.524
202201 37.576 118.619 41.221
202204 42.415 121.978 45.248
202207 43.530 125.002 45.314
202210 45.269 125.734 46.850
202301 47.444 126.223 48.910
202304 48.991 127.992 49.807
202307 50.851 128.974 51.304
202310 50.840 129.810 50.963
202401 51.720 130.124 51.720

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.


Greif  (NYSE:GEF.B) 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.


Greif Cyclically Adjusted PB Ratio Related Terms

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


Greif (GEF.B) Business Description

Traded in Other Exchanges
Address
425 Winter Road, Delaware, OH, USA, 43015
Greif Inc is a producer of industrial packaging products and services with manufacturing facilities located in many countries. It offers a comprehensive line of rigid industrial packaging products, such as steel, fiber, and plastic drums, rigid intermediate bulk containers, closure systems for industrial packaging products, transit protection products, water bottles and remanufactured and reconditioned industrial containers, and services, such as container life cycle management, blending, filling, logistics, warehousing, and other packaging services. The company operates in three reportable business segments including Global Industrial Packaging, Paper Packaging and Services, and Land Management. It operates in North and Latin America, Europe, Middle East, Africa and Asia Pacific regions.