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Greif (GEF) Cyclically Adjusted PB Ratio : 2.46 (As of Apr. 27, 2024)


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What is Greif Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Greif's current share price is $61.92. Greif's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $25.17. Greif's Cyclically Adjusted PB Ratio for today is 2.46.

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

GEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.11   Med: 2.46   Max: 3.17
Current: 2.46

During the past years, Greif's highest Cyclically Adjusted PB Ratio was 3.17. The lowest was 1.11. And the median was 2.46.

GEF's Cyclically Adjusted PB Ratio is ranked worse than
76.54% of 260 companies
in the Packaging & Containers industry
Industry Median: 1.155 vs GEF: 2.46

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 $34.480. 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 $25.17 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 2.49

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
=61.92/25.17
=2.46

* 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)
=34.48/129.4194*129.4194
=34.480

Current CPI (Jan. 2024) = 129.4194.

Greif Quarterly Data

Book Value per Share CPI Adj_Book
201404 21.753 100.023 28.146
201407 21.423 100.520 27.582
201410 19.429 100.176 25.101
201501 18.599 98.604 24.412
201504 18.042 99.824 23.391
201507 17.814 100.691 22.897
201510 17.251 100.346 22.249
201601 15.952 99.957 20.654
201604 16.705 100.947 21.417
201607 16.698 101.524 21.286
201610 16.113 101.988 20.447
201701 16.234 102.456 20.506
201704 16.654 103.167 20.892
201707 17.547 103.278 21.988
201710 17.178 104.070 21.362
201801 18.455 104.578 22.839
201804 18.430 105.708 22.564
201807 18.917 106.324 23.026
201810 18.791 106.695 22.793
201901 18.891 106.200 23.021
201904 18.333 107.818 22.006
201907 18.907 108.250 22.604
201910 19.118 108.577 22.788
202001 19.635 108.841 23.347
202004 18.219 108.173 21.797
202007 19.196 109.318 22.726
202010 19.380 109.861 22.830
202101 20.245 110.364 23.740
202104 23.072 112.673 26.501
202107 24.326 115.183 27.333
202110 25.424 116.696 28.196
202201 25.050 118.619 27.331
202204 28.277 121.978 30.002
202207 29.020 125.002 30.046
202210 30.179 125.734 31.063
202301 31.630 126.223 32.431
202304 32.661 127.992 33.025
202307 33.901 128.974 34.018
202310 33.894 129.810 33.792
202401 34.480 129.419 34.480

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) 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) 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.
Executives
Miller Frank Calhoun V director 425 WINTER ROAD, DELAWARE OH 43015
Vivian Bouet officer: VP Chief Inf & Digital Officer 425 WINTER ROAD, DELAWARE OH 43015
Patrick Gerard Mullaney officer: SVP, Pres. Global Industrial P 425 WINTER ROAD, DELAWARE OH 43015
Roel Vestjens director C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Anthony John Krabill officer: Corporate Treasurer 425 WINTER ROAD, DELAWARE OH 43015
Michael Joseph Taylor officer: Corporate Controller 425 WINTER ROAD, DELAWARE OH 43015
Matthew Douglas Eichmann officer: VP, Chief Mktg & Sust. Officer 425 WINTER ROAD, DELAWARE OH 43015
Kimberly Thompson Scott director 425 WINTER ROAD, DELAWARE OH 43015
Karen Morrison director 425 WINTER ROAD, DELAWARE OH 43015
Tina R. Schoner officer: SVP Chief Supply Chain Officer 425 WINTER RD., DELAWARE OH 43015
Kimberly Anne Kellermann officer: SVP, Global Operations Group 425 WINTER ROAD, DELAWARE OH 43015
Nicholas Joseph Petitti 10 percent owner 200 CIVIC CENTER DRIVE, SUITE 1200, COLUMBUS OH 43215
Robert M Patterson director 33587 WALKER ROAD, AVON LAKE OH 44012
Bala Sathyanarayanan officer: SVP, Chief Human Resources Off 425 WINTER RD., DELAWARE OH 43015
Vicki L Avril director 604 KENMARE DRIVE, BURR RIDGE IL 60527