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Yara International ASA (Yara International ASA) Cyclically Adjusted PB Ratio : 0.99 (As of May. 15, 2024)


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What is Yara International ASA Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Yara International ASA's current share price is $29.608. Yara International ASA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.85. Yara International ASA's Cyclically Adjusted PB Ratio for today is 0.99.

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

YRAIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.57   Max: 2.06
Current: 0.97

During the past years, Yara International ASA's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.97. And the median was 1.57.

YRAIF's Cyclically Adjusted PB Ratio is ranked better than
66.47% of 167 companies
in the Agriculture industry
Industry Median: 1.45 vs YRAIF: 0.97

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 Mar. 2024 was $29.086. 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 $29.85 for the trailing ten years ended in Mar. 2024.

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
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 1.48 1.20 1.28 1.12 1.06

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
=29.608/29.85
=0.99

* 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 Mar. 2024 is calculated as:

For example, Yara International ASA'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)
=29.086/131.9000*131.9000
=29.086

Current CPI (Mar. 2024) = 131.9000.

Yara International ASA Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.438 97.500 43.883
201409 31.790 98.500 42.570
201412 31.131 98.600 41.645
201503 29.881 99.200 39.731
201506 30.277 100.100 39.895
201509 31.046 100.600 40.705
201512 30.658 100.900 40.077
201603 32.271 102.500 41.527
201606 31.669 103.800 40.242
201609 31.961 104.200 40.457
201612 31.649 104.400 39.986
201703 32.627 105.000 40.986
201706 32.196 105.800 40.138
201709 33.429 105.900 41.636
201712 33.764 106.100 41.974
201803 34.595 107.300 42.526
201806 31.978 108.500 38.875
201809 32.300 109.500 38.907
201812 31.841 109.800 38.250
201903 32.296 110.400 38.586
201906 32.595 110.600 38.872
201909 31.171 111.100 37.007
201912 32.578 111.300 38.608
202003 29.491 111.200 34.981
202006 29.582 112.100 34.807
202009 30.745 112.900 35.919
202012 30.954 112.900 36.163
202103 30.403 114.600 34.993
202106 31.139 115.300 35.622
202109 27.736 117.500 31.135
202112 27.889 118.900 30.938
202203 31.826 119.800 35.040
202206 30.189 122.600 32.479
202209 30.503 125.600 32.033
202212 33.711 125.900 35.318
202303 34.296 127.600 35.452
202306 28.183 130.400 28.507
202309 28.038 129.800 28.492
202312 29.648 131.900 29.648
202403 29.086 131.900 29.086

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:YRAIF) 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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