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Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Cyclically Adjusted PB Ratio : 4.14 (As of Apr. 27, 2024)


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What is Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Sociedad Quimica Y Minera De Chile's current share price is $44.14. Sociedad Quimica Y Minera De Chile's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.65. Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio for today is 4.14.

The historical rank and industry rank for Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio or its related term are showing as below:

SQM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.22   Med: 5   Max: 13.98
Current: 4.53

During the past years, Sociedad Quimica Y Minera De Chile's highest Cyclically Adjusted PB Ratio was 13.98. The lowest was 2.22. And the median was 5.00.

SQM's Cyclically Adjusted PB Ratio is ranked worse than
83.11% of 1048 companies
in the Chemicals industry
Industry Median: 1.57 vs SQM: 4.53

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.

Sociedad Quimica Y Minera De Chile's adjusted book value per share data for the three months ended in Dec. 2023 was $19.363. 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 $10.65 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sociedad Quimica Y Minera De Chile'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.

Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio Chart

Sociedad Quimica Y Minera De Chile 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 3.65 5.88 6.61 8.45 5.65

Sociedad Quimica Y Minera De Chile 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 8.45 7.52 6.73 5.86 5.65

Competitive Comparison of Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Sociedad Quimica Y Minera De Chile'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.


Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio falls into.



Sociedad Quimica Y Minera De Chile 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.

Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.14/10.65
=4.14

* 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.

Sociedad Quimica Y Minera De Chile's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Sociedad Quimica Y Minera De Chile'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)
=19.363/146.1089*146.1089
=19.363

Current CPI (Dec. 2023) = 146.1089.

Sociedad Quimica Y Minera De Chile Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.145 94.584 14.127
201406 9.268 95.543 14.173
201409 8.326 96.883 12.556
201412 8.423 97.515 12.620
201503 8.584 98.539 12.728
201506 8.732 99.770 12.788
201509 8.747 101.383 12.606
201512 8.828 101.775 12.674
201603 8.935 102.930 12.683
201606 8.530 103.965 11.988
201609 8.630 104.521 12.064
201612 8.474 104.532 11.845
201703 8.281 105.752 11.441
201706 8.259 105.730 11.413
201709 8.212 106.035 11.316
201712 8.254 106.907 11.281
201803 8.275 107.670 11.229
201806 7.880 108.421 10.619
201809 7.870 109.369 10.514
201812 7.868 109.653 10.484
201903 7.878 110.339 10.432
201906 7.882 111.352 10.342
201909 7.896 111.821 10.317
201912 7.871 112.943 10.182
202003 7.794 114.468 9.948
202006 7.830 114.283 10.011
202009 7.725 115.275 9.791
202012 8.010 116.299 10.063
202103 8.161 117.770 10.125
202106 11.210 118.630 13.807
202109 11.502 121.431 13.840
202112 11.138 124.634 13.057
202203 11.211 128.850 12.713
202206 12.375 133.448 13.549
202209 16.135 138.101 17.071
202212 17.143 140.574 17.818
202303 19.008 143.145 19.402
202306 17.204 143.538 17.512
202309 18.365 145.172 18.484
202312 19.363 146.109 19.363

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.


Sociedad Quimica Y Minera De Chile  (NYSE:SQM) 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.


Sociedad Quimica Y Minera De Chile Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Sociedad Quimica Y Minera De Chile's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Sociedad Quimica Y Minera De Chile (Sociedad Quimica Y Minera De Chile) Business Description

Traded in Other Exchanges
Address
El Trovador 4285, 6th Floor, Las Condes, Santiago, CHL
Sociedad Quimica y Minera de Chile is a Chilean commodities producer with significant operations in lithium (primarily used in batteries for electric vehicles and energy storage systems), specialty and standard potassium fertilizers, iodine (primarily used in X-ray contrast media), and solar salts. The company extracts these materials through its high-quality salt brine deposits and caliche ore. SQM is also developing a hard rock lithium project in Australia and is growing its lithium refining assets in China.
Executives
Sailingstone Capital Partners Llc 10 percent owner 100 WAUGH DRIVE, SUITE 600, HOUSTON TX 77007
Sailingstone Holdings Llc 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111
Mackenzie B Davis 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 941111
Settles Kenneth L Jr 10 percent owner 1 CALIFORNIA STREET, SUITE 3050, SAN FRANCISCO CA 94111