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Crown Holdings (Crown Holdings) Cyclically Adjusted PB Ratio : 7.92 (As of Apr. 28, 2024)


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What is Crown Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Crown Holdings's current share price is $80.59. Crown Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.17. Crown Holdings's Cyclically Adjusted PB Ratio for today is 7.92.

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

CCK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.11   Med: 25.41   Max: 732.13
Current: 7.92

During the past years, Crown Holdings's highest Cyclically Adjusted PB Ratio was 732.13. The lowest was 7.11. And the median was 25.41.

CCK's Cyclically Adjusted PB Ratio is ranked worse than
96.15% of 260 companies
in the Packaging & Containers industry
Industry Median: 1.155 vs CCK: 7.92

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.

Crown Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $19.976. 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 $10.17 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crown Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crown Holdings'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.

Crown Holdings Cyclically Adjusted PB Ratio Chart

Crown Holdings 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 30.99 26.70 18.69 10.36 9.05

Crown Holdings 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 10.36 9.71 9.53 9.12 9.05

Competitive Comparison of Crown Holdings's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Crown Holdings'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.


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

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

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



Crown Holdings 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.

Crown Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=80.59/10.17
=7.92

* 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.

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

For example, Crown Holdings'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)
=19.976/129.4194*129.4194
=19.976

Current CPI (Dec. 2023) = 129.4194.

Crown Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.022 99.695 0.029
201406 1.037 100.560 1.335
201409 1.944 100.428 2.505
201412 0.856 99.070 1.118
201503 -0.194 99.621 -0.252
201506 0.904 100.684 1.162
201509 1.004 100.392 1.294
201512 0.674 99.792 0.874
201603 1.786 100.470 2.301
201606 2.277 101.688 2.898
201609 3.355 101.861 4.263
201612 2.617 101.863 3.325
201703 3.942 102.862 4.960
201706 4.596 103.349 5.755
201709 5.943 104.136 7.386
201712 4.476 104.011 5.569
201803 5.696 105.290 7.001
201806 5.799 106.317 7.059
201809 6.961 106.507 8.459
201812 6.932 105.998 8.464
201903 8.378 107.251 10.110
201906 9.554 108.070 11.441
201909 11.946 108.329 14.272
201912 12.635 108.420 15.082
202003 12.358 108.902 14.686
202006 13.467 108.767 16.024
202009 14.166 109.815 16.695
202012 16.306 109.897 19.203
202103 17.619 111.754 20.404
202106 17.116 114.631 19.324
202109 19.092 115.734 21.350
202112 15.159 117.630 16.678
202203 14.753 121.301 15.740
202206 14.352 125.017 14.857
202209 13.890 125.227 14.355
202212 15.415 125.222 15.932
202303 16.902 127.348 17.177
202306 18.609 128.729 18.709
202309 19.404 129.860 19.338
202312 19.976 129.419 19.976

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.


Crown Holdings  (NYSE:CCK) 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.


Crown Holdings Cyclically Adjusted PB Ratio Related Terms

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


Crown Holdings (Crown Holdings) Business Description

Traded in Other Exchanges
Address
14025 Riveredge Drive, Suite 300, Tampa, FL, USA, 33637-2015
Crown Holdings is one of the world's largest producers of metal packaging. The company manufactures beverage cans, metal food cans, and closures as well as aerosol cans. With the purchase of Signode, the company also has a presence in a wide variety of protective transport packaging. Although it's headquartered in the United States, the vast majority of Crown's sales come from its operations in Europe, South America, and Southeast Asia.
Executives
Timothy J Donahue officer: Senior Vice President C/O CROWN HOLDINGS, INC, 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Gerard H Gifford officer: President - European Division C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Christy L. Kalaus officer: VP & Corp Controller 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
James H Miller director C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Carlos Baila officer: President - Asia Pacific Div. 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Andrew Teno director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Jesse Lynn director C/O ICAHN ENTERPRISES L.P., 16690 COLLINS AVE., PH, SUNNY ISLES FL 33160
Matt Madeksza officer: President - Transit Packaging 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Angela M Snyder director C/O FULTON FINANCIAL CORPORATION, ONE PENN SQUARE, LANCASTER PA 17602
Djalma Jr Novaes officer: President - Crown Americas Div C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Hock Huat Goh officer: President - Asia Pacific Div. C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Marsha C Williams director EQUITY OFFICE PROPERTIES, CHICAGO IL 60606
John W Conway director C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
B Craig Owens director 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Dwayne Andree Wilson director 6700 LAS COLINAS BOULEVARD, IRVING TX 75039