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Olin (STU:OLN) Cyclically Adjusted PB Ratio : 2.97 (As of May. 26, 2024)


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What is Olin Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Olin's current share price is €50.10. Olin's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €16.88. Olin's Cyclically Adjusted PB Ratio for today is 2.97.

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

STU:OLN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 2.41   Max: 4.09
Current: 2.97

During the past years, Olin's highest Cyclically Adjusted PB Ratio was 4.09. The lowest was 0.65. And the median was 2.41.

STU:OLN's Cyclically Adjusted PB Ratio is ranked worse than
70.83% of 1104 companies
in the Chemicals industry
Industry Median: 1.68 vs STU:OLN: 2.97

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.

Olin's adjusted book value per share data for the three months ended in Mar. 2024 was €16.733. 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 €16.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Olin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Olin'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.

Olin Cyclically Adjusted PB Ratio Chart

Olin 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 1.15 1.63 3.59 3.06 2.99

Olin 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 3.14 2.87 2.76 2.99 3.21

Competitive Comparison of Olin's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Olin'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.


Olin's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Olin 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=50.10/16.88
=2.97

* 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.

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

For example, Olin'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)
=16.733/131.7762*131.7762
=16.733

Current CPI (Mar. 2024) = 131.7762.

Olin Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.528 100.560 13.796
201409 11.127 100.428 14.600
201412 10.617 99.070 14.122
201503 12.140 99.621 16.058
201506 12.097 100.684 15.833
201509 12.011 100.392 15.766
201512 13.449 99.792 17.759
201603 12.902 100.470 16.922
201606 12.561 101.688 16.278
201609 12.565 101.861 16.255
201612 13.031 101.863 16.858
201703 12.803 102.862 16.402
201706 12.091 103.349 15.417
201709 11.586 104.136 14.661
201712 13.925 104.011 17.642
201803 13.401 105.290 16.772
201806 14.163 106.317 17.555
201809 15.014 106.507 18.576
201812 15.061 105.998 18.724
201903 15.233 107.251 18.716
201906 14.925 108.070 18.199
201909 15.153 108.329 18.433
201912 13.797 108.420 16.769
202003 13.124 108.902 15.881
202006 12.313 108.767 14.918
202009 7.901 109.815 9.481
202012 7.548 109.897 9.051
202103 8.952 111.754 10.556
202106 10.732 114.631 12.337
202109 12.735 115.734 14.500
202112 14.969 117.630 16.769
202203 16.660 121.301 18.099
202206 17.572 125.017 18.522
202209 18.802 125.227 19.785
202212 18.149 125.222 19.099
202303 18.010 127.348 18.636
202306 17.840 128.729 18.262
202309 17.796 129.860 18.059
202312 17.031 129.419 17.341
202403 16.733 131.776 16.733

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.


Olin  (STU:OLN) 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.


Olin Cyclically Adjusted PB Ratio Related Terms

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


Olin (STU:OLN) Business Description

Industry
Traded in Other Exchanges
Address
190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.

Olin (STU:OLN) Headlines

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Olin Achieves ISCC PLUS Certification

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