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Green Plains (Green Plains) Cyclically Adjusted PB Ratio : 0.82 (As of May. 16, 2024)


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What is Green Plains Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Green Plains's current share price is $19.08. Green Plains's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $23.31. Green Plains's Cyclically Adjusted PB Ratio for today is 0.82.

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

GPRE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.2   Med: 1.16   Max: 2.25
Current: 0.82

During the past years, Green Plains's highest Cyclically Adjusted PB Ratio was 2.25. The lowest was 0.20. And the median was 1.16.

GPRE's Cyclically Adjusted PB Ratio is ranked better than
74.98% of 1071 companies
in the Chemicals industry
Industry Median: 1.63 vs GPRE: 0.82

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.

Green Plains's adjusted book value per share data for the three months ended in Mar. 2024 was $13.734. 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 $23.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Plains Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green Plains'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.

Green Plains Cyclically Adjusted PB Ratio Chart

Green Plains 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 0.76 0.63 1.55 1.30 1.07

Green Plains 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 1.30 1.35 1.27 1.07 0.99

Competitive Comparison of Green Plains's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Green Plains'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.


Green Plains's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Green Plains 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.

Green Plains's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.08/23.31
=0.82

* 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.

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

For example, Green Plains'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)
=13.734/131.7762*131.7762
=13.734

Current CPI (Mar. 2024) = 131.7762.

Green Plains Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.831 100.560 24.677
201409 20.562 100.428 26.980
201412 21.204 99.070 28.204
201503 20.901 99.621 27.647
201506 21.195 100.684 27.740
201509 21.374 100.392 28.056
201512 21.057 99.792 27.806
201603 19.993 100.470 26.223
201606 20.572 101.688 26.659
201609 22.168 101.861 28.678
201612 22.482 101.863 29.084
201703 22.025 102.862 28.216
201706 21.077 103.349 26.874
201709 21.813 104.136 27.603
201712 22.933 104.011 29.055
201803 22.460 105.290 28.110
201806 22.240 106.317 27.566
201809 21.702 106.507 26.851
201812 23.036 105.998 28.638
201903 21.942 107.251 26.960
201906 23.022 108.070 28.072
201909 21.713 108.329 26.413
201912 20.868 108.420 25.363
202003 21.582 108.902 26.115
202006 20.805 108.767 25.206
202009 19.230 109.815 23.076
202012 18.141 109.897 21.753
202103 17.643 111.754 20.804
202106 17.931 114.631 20.613
202109 18.126 115.734 20.638
202112 17.735 117.630 19.868
202203 16.546 121.301 17.975
202206 17.295 125.017 18.230
202209 16.228 125.227 17.077
202212 15.347 125.222 16.150
202303 13.829 127.348 14.310
202306 13.069 128.729 13.378
202309 13.915 129.860 14.120
202312 14.175 129.419 14.433
202403 13.734 131.776 13.734

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.


Green Plains  (NAS:GPRE) 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.


Green Plains Cyclically Adjusted PB Ratio Related Terms

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


Green Plains (Green Plains) Business Description

Traded in Other Exchanges
Address
1811 Aksarben Drive, Omaha, NE, USA, 68106
Green Plains Inc manufactures and sells ethanol and ethanol byproducts in three segments based on function. The ethanol production segment, which generates the majority of revenue, includes the production of ethanol, grains, and corn oil. The agribusiness and energy services segment includes the grain procurement and commodity marketing business, which markets, sells, and distributes ethanol, distillers grains, and corn oil. The partnership segment provides fuel storage and transportation services.
Executives
Todd A Becker officer: President and CEO 1811 AKSARBEN DRIVE, OMAHA NE 68106
James D Anderson director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Van Der Meulen Leslie officer: EVP Product Mktg & Innovation 1811 AKSARBEN DRIVE, OMAHA NE 68106
Alain Treuer director 9420 UNDERWOOD AVE., SUITE 100, OMAHA NE 68114
Michelle Mapes officer: Exe VP, Gen Counsel & Corp Sec 1811 AKSARBEN DRIVE, OMAHA NE 68106
Brian Peterson director 1739 CHARLES AVE., LAWTON IA 51030
Knudsen Ejnar A Iii director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Chris Osowski officer: EVP Operations and Technology 1811 AKSARBEN DRIVE, OMAHA NE 68106
James E Stark officer: Chief Financial Officer 1811 AKSARBEN DRIVE, OMAHA NE 68106
Herbert James F Ii officer: Chief Human Resources Officer 1811 AKSARBEN DRIVE, OMAHA NE 68106
Grant D Kadavy officer: EVP Commercial Operations 1811 AKSARBEN DRIVE, OMAHA NE 68106
Paul E Kolomaya officer: EVP - Commodity Finance 1811 AKSARBEN DRIVE, OMAHA NE 68106
Farha Aslam director 1770 N PROMOTORY CIRCLE, GREELEY CO 80634
Hagstrom William J. Iii officer: EVP Strategy and Development 1811 AKSARBEN DR, OMAHA NE 68106
Martin Salinas director 1001 NOBLE ENERGY WAY, HOUSTON TX 77070