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Yara International ASA (Yara International ASA) Cyclically Adjusted PB Ratio : 0.92 (As of Apr. 27, 2024)


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What is Yara International ASA Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Yara International ASA's current share price is $14.455. Yara International ASA's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.78. Yara International ASA's Cyclically Adjusted PB Ratio for today is 0.92.

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

YARIY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.02   Med: 1.57   Max: 2.06
Current: 1.05

During the past years, Yara International ASA's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 1.02. And the median was 1.57.

YARIY's Cyclically Adjusted PB Ratio is ranked better than
62.58% of 163 companies
in the Agriculture industry
Industry Median: 1.37 vs YARIY: 1.05

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.

Yara International ASA's adjusted book value per share data for the three months ended in Dec. 2023 was $14.824. 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 $15.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Yara International ASA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yara International ASA'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.

Yara International ASA Cyclically Adjusted PB Ratio Chart

Yara International ASA 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 1.55 1.40 1.61 1.43 1.12

Yara International ASA 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 1.43 1.48 1.20 1.28 1.12

Competitive Comparison of Yara International ASA's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Yara International ASA'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.


Yara International ASA's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Yara International ASA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Yara International ASA's Cyclically Adjusted PB Ratio falls into.



Yara International ASA 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.

Yara International ASA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.455/15.78
=0.92

* 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.

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

For example, Yara International ASA'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)
=14.824/131.9000*131.9000
=14.824

Current CPI (Dec. 2023) = 131.9000.

Yara International ASA Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.388 97.300 22.216
201406 16.219 97.500 21.941
201409 15.895 98.500 21.285
201412 15.565 98.600 20.822
201503 14.940 99.200 19.865
201506 15.138 100.100 19.947
201509 15.523 100.600 20.353
201512 15.329 100.900 20.039
201603 16.135 102.500 20.763
201606 15.835 103.800 20.122
201609 15.981 104.200 20.229
201612 15.824 104.400 19.992
201703 16.314 105.000 20.493
201706 16.098 105.800 20.069
201709 16.714 105.900 20.818
201712 16.882 106.100 20.987
201803 17.298 107.300 21.264
201806 15.989 108.500 19.437
201809 16.150 109.500 19.454
201812 15.921 109.800 19.126
201903 16.148 110.400 19.293
201906 16.298 110.600 19.437
201909 15.585 111.100 18.503
201912 16.289 111.300 19.304
202003 14.745 111.200 17.490
202006 14.791 112.100 17.404
202009 15.373 112.900 17.960
202012 15.477 112.900 18.082
202103 15.201 114.600 17.496
202106 15.570 115.300 17.812
202109 13.868 117.500 15.568
202112 13.944 118.900 15.469
202203 15.913 119.800 17.520
202206 15.095 122.600 16.240
202209 15.252 125.600 16.017
202212 16.855 125.900 17.658
202303 17.148 127.600 17.726
202306 14.092 130.400 14.254
202309 14.019 129.800 14.246
202312 14.824 131.900 14.824

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.


Yara International ASA  (OTCPK:YARIY) 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.


Yara International ASA Cyclically Adjusted PB Ratio Related Terms

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


Yara International ASA (Yara International ASA) Business Description

Address
Drammensveien 131, Oslo, NOR, 0277
Yara International ASA is a Crop nutrition company. The company converts natural gas into nitrogen products. It is engaged in the production of ammonia, mineral fertilizers, and industrial products. The firm also develops and markets environmental solutions and essential products for industrial applications. It markets and distributes a complete range of crop nutrition products and programs globally. The fertilizers and crop nutrition programs help to produce the food required for the growing world population. Industrial products and solutions reduce emissions, improve air quality and support safe and efficient operations.

Yara International ASA (Yara International ASA) Headlines

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