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Chase Packaging (Chase Packaging) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Chase Packaging Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Chase Packaging Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chase Packaging'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.

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Chase Packaging Cyclically Adjusted PB Ratio Chart

Chase Packaging Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Chase Packaging Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Chase Packaging's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Chase Packaging'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.


Chase Packaging's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Chase Packaging's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Chase Packaging 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.

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

For example, Chase Packaging'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)
=0.006/131.7762*131.7762
=0.006

Current CPI (Mar. 2024) = 131.7762.

Chase Packaging Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.060 100.560 -0.079
201409 -0.063 100.428 -0.083
201412 -0.065 99.070 -0.086
201503 -0.066 99.621 -0.087
201506 -0.068 100.684 -0.089
201509 -0.069 100.392 -0.091
201512 -0.071 99.792 -0.094
201603 -0.073 100.470 -0.096
201606 -0.074 101.688 -0.096
201609 -0.077 101.861 -0.100
201612 -0.078 101.863 -0.101
201703 -0.079 102.862 -0.101
201706 -0.080 103.349 -0.102
201709 -0.081 104.136 -0.102
201712 -0.079 104.011 -0.100
201803 -0.083 105.290 -0.104
201806 -0.083 106.317 -0.103
201809 -0.084 106.507 -0.104
201812 0.013 105.998 0.016
201903 0.012 107.251 0.015
201906 0.012 108.070 0.015
201909 0.012 108.329 0.015
201912 0.011 108.420 0.013
202003 0.011 108.902 0.013
202006 0.010 108.767 0.012
202009 0.009 109.815 0.011
202012 0.009 109.897 0.011
202103 0.009 111.754 0.011
202106 0.009 114.631 0.010
202109 0.008 115.734 0.009
202112 0.008 117.630 0.009
202203 0.008 121.301 0.009
202206 0.008 125.017 0.008
202209 0.007 125.227 0.007
202212 0.007 125.222 0.007
202303 0.007 127.348 0.007
202306 0.007 128.729 0.007
202309 0.006 129.860 0.006
202312 0.006 129.419 0.006
202403 0.006 131.776 0.006

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.


Chase Packaging  (OTCPK:WHLT) 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.


Chase Packaging Cyclically Adjusted PB Ratio Related Terms

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Chase Packaging (Chase Packaging) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 126, Rumson, NJ, USA, 07760
Chase Packaging Corp is a shell company.
Executives
John A Forbes director 107 W. FRANKLIN STREET, P.O. BOX 638, ELKHART IN 46515
Matthew W Long director 2581 E KERCHER ROAD, GOSHEN IN 46528
Mark C Neilson director 1361 BRIDGEWATER WAY, MISHAWAKA IN 46545
Wayne A Whitener director 101 E. PARK BLVD. STE 955, PLANO TX 75074-0846
William J Barrett director, 10 percent owner, officer: Secretary 210 SUNDIAL COURT, VERO BEACH FL 32963
Allen T Mcinnes director, 10 percent owner, officer: President and CEO 4532 7TH STREET, LUBBOCK TX 79416
Herbert M Gardner director, 10 percent owner, officer: Vice President P O BOX 6199, FAIR HAVEN NJ 07704
Green Ann C W officer: CFO and Assistant Secretary 636 RIVER ROAD, FAIR HAVEN NJ 07704
Edward L Flynn director 211 SOMERVILLE ROAD RTE 202N, BEDMINISTER NJ 07921

Chase Packaging (Chase Packaging) Headlines

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