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CCL Industries (CCL Industries) Cyclically Adjusted PB Ratio : 4.01 (As of Apr. 29, 2024)


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What is CCL Industries Cyclically Adjusted PB Ratio?

As of today (2024-04-29), CCL Industries's current share price is $51.8487. CCL Industries's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.92. CCL Industries's Cyclically Adjusted PB Ratio for today is 4.01.

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

CCDBF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 5.79   Max: 10.89
Current: 4.09

During the past years, CCL Industries's highest Cyclically Adjusted PB Ratio was 10.89. The lowest was 2.91. And the median was 5.79.

CCDBF's Cyclically Adjusted PB Ratio is ranked worse than
90.38% of 260 companies
in the Packaging & Containers industry
Industry Median: 1.16 vs CCDBF: 4.09

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.

CCL Industries's adjusted book value per share data for the three months ended in Dec. 2023 was $19.384. 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 $12.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CCL Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Cyclically Adjusted PB Ratio Chart

CCL Industries 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 6.13 5.78 5.38 4.00 3.48

CCL Industries 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 4.00 4.28 4.05 3.50 3.48

Competitive Comparison of CCL Industries's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, CCL Industries'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.


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

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

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



CCL Industries 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.

CCL Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=51.8487/12.92
=4.01

* 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.

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

For example, CCL Industries'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)
=19.384/125.4675*125.4675
=19.384

Current CPI (Dec. 2023) = 125.4675.

CCL Industries Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.842 98.604 7.434
201406 6.098 99.473 7.692
201409 6.237 99.394 7.873
201412 6.080 98.367 7.755
201503 6.027 99.789 7.578
201506 6.437 100.500 8.036
201509 6.427 100.421 8.030
201512 6.740 99.947 8.461
201603 7.064 101.054 8.771
201606 7.252 102.002 8.920
201609 7.564 101.765 9.326
201612 7.564 101.449 9.355
201703 7.860 102.634 9.609
201706 8.299 103.029 10.106
201709 9.162 103.345 11.123
201712 9.559 103.345 11.605
201803 10.480 105.004 12.522
201806 10.365 105.557 12.320
201809 10.536 105.636 12.514
201812 11.196 105.399 13.328
201903 11.493 106.979 13.479
201906 11.602 107.690 13.517
201909 11.891 107.611 13.864
201912 12.320 107.769 14.343
202003 12.351 107.927 14.358
202006 12.656 108.401 14.648
202009 13.392 108.164 15.534
202012 14.299 108.559 16.526
202103 14.868 110.298 16.913
202106 15.843 111.720 17.793
202109 15.961 112.905 17.737
202112 16.245 113.774 17.915
202203 16.600 117.646 17.704
202206 16.871 120.806 17.522
202209 17.807 120.648 18.518
202212 17.738 120.964 18.398
202303 18.253 122.702 18.664
202306 18.950 124.203 19.143
202309 19.281 125.230 19.318
202312 19.384 125.468 19.384

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.


CCL Industries  (OTCPK:CCDBF) 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.


CCL Industries Cyclically Adjusted PB Ratio Related Terms

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


CCL Industries (CCL Industries) Business Description

Traded in Other Exchanges
Address
111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, sells pressure sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile and Argentina; Europe; and Asia, Australia, Africa and New Zealand.