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Greif (FRA:GB6B) Cyclically Adjusted Book per Share : €25.08 (As of Jul. 2024)


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What is Greif Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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 for the three months ended in Jul. 2024 was €49.178. 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 €25.08 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Greif's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.10% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Greif was 8.70% per year. The lowest was -1.00% per year. And the median was 3.95% per year.

As of today (2024-09-26), Greif's current stock price is €62.00. Greif's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2024 was €25.08. Greif's Cyclically Adjusted PB Ratio of today is 2.47.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Greif was 3.17. The lowest was 1.11. And the median was 2.43.


Greif Cyclically Adjusted Book per Share Historical Data

The historical data trend for Greif's Cyclically Adjusted Book per Share 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 Book per Share Chart

Greif Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 18.67 25.47 23.70

Greif Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Cyclically Adjusted Book per Share 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 24.12 23.70 24.04 24.91 25.08

Competitive Comparison of Greif's Cyclically Adjusted Book per Share

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 Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Greif's adjusted Book Value per Share data for the three months ended in Jul. 2024 was:

Adj_Book= Book Value per Share /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=49.178/132.7078*132.7078
=49.178

Current CPI (Jul. 2024) = 132.7078.

Greif Quarterly Data

Book Value per Share CPI Adj_Book
201410 22.994 100.176 30.461
201501 24.020 98.604 32.328
201504 25.006 99.824 33.244
201507 24.290 100.691 32.014
201510 23.055 100.346 30.490
201601 22.038 99.957 29.259
201604 22.076 100.947 29.022
201607 22.668 101.524 29.631
201610 21.946 101.988 28.556
201701 22.891 102.456 29.650
201704 23.307 103.167 29.981
201707 22.820 103.278 29.323
201710 21.928 104.070 27.962
201801 22.699 104.578 28.805
201804 22.531 105.708 28.286
201807 24.289 106.324 30.316
201810 24.523 106.695 30.502
201901 24.823 106.200 31.019
201904 24.475 107.818 30.125
201907 25.297 108.250 31.013
201910 25.924 108.577 31.686
202001 26.536 108.841 32.355
202004 25.143 108.173 30.846
202007 25.051 109.318 30.411
202010 24.709 109.861 29.848
202101 24.931 110.364 29.978
202104 28.932 112.673 34.077
202107 30.869 115.183 35.566
202110 32.873 116.696 37.384
202201 33.217 118.619 37.162
202204 39.276 121.978 42.731
202207 42.790 125.002 45.428
202210 45.948 125.734 48.496
202301 44.028 126.223 46.290
202304 44.680 127.992 46.326
202307 45.969 128.974 47.300
202310 48.146 129.810 49.221
202401 47.479 130.124 48.422
202404 48.590 132.289 48.744
202407 49.178 132.708 49.178

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Greif  (FRA:GB6B) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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 Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=62.00/25.08
=2.47

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Greif was 3.17. The lowest was 1.11. And the median was 2.43.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Greif Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Greif's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Greif Business Description

Industry
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.

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