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Koppers Holdings (FRA:KO9) Cyclically Adjusted Book per Share : €10.58 (As of Sep. 2024)


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What is Koppers Holdings 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.

Koppers Holdings's adjusted book value per share for the three months ended in Sep. 2024 was €23.664. 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 €10.58 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Koppers Holdings's average Cyclically Adjusted Book Growth Rate was 16.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 22.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.10% 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 Koppers Holdings was 289.00% per year. The lowest was 11.10% per year. And the median was 19.30% per year.

As of today (2024-12-15), Koppers Holdings's current stock price is €32.00. Koppers Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €10.58. Koppers Holdings's Cyclically Adjusted PB Ratio of today is 3.02.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Koppers Holdings was 372.00. The lowest was 1.68. And the median was 5.69.


Koppers Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Koppers Holdings'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.

Koppers Holdings Cyclically Adjusted Book per Share Chart

Koppers Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.38 4.46 6.48 8.33 9.40

Koppers Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 9.60 9.40 9.92 10.52 10.58

Competitive Comparison of Koppers Holdings's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Koppers Holdings'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.


Koppers Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Koppers Holdings 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, Koppers Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=23.664/133.0289*133.0289
=23.664

Current CPI (Sep. 2024) = 133.0289.

Koppers Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201412 2.770 99.070 3.720
201503 2.556 99.621 3.413
201506 3.052 100.684 4.032
201509 2.948 100.392 3.906
201512 -0.826 99.792 -1.101
201603 -0.431 100.470 -0.571
201606 0.147 101.688 0.192
201609 0.875 101.861 1.143
201612 1.395 101.863 1.822
201703 2.032 102.862 2.628
201706 2.956 103.349 3.805
201709 4.380 104.136 5.595
201712 4.063 104.011 5.197
201803 4.098 105.290 5.178
201806 3.654 106.317 4.572
201809 2.875 106.507 3.591
201812 2.404 105.998 3.017
201903 3.343 107.251 4.147
201906 3.919 108.070 4.824
201909 4.404 108.329 5.408
201912 6.372 108.420 7.818
202003 4.274 108.902 5.221
202006 7.422 108.767 9.078
202009 11.341 109.815 13.738
202012 13.313 109.897 16.115
202103 14.897 111.754 17.733
202106 16.017 114.631 18.588
202109 15.814 115.734 18.177
202112 17.057 117.630 19.290
202203 17.990 121.301 19.729
202206 16.990 125.017 18.079
202209 17.814 125.227 18.924
202212 18.159 125.222 19.291
202303 19.314 127.348 20.176
202306 20.015 128.729 20.684
202309 21.239 129.860 21.757
202312 21.931 129.419 22.543
202403 21.962 131.776 22.171
202406 23.054 132.554 23.137
202409 23.664 133.029 23.664

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


Koppers Holdings  (FRA:KO9) 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.

Koppers Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=32.00/10.58
=3.02

* 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 Koppers Holdings was 372.00. The lowest was 1.68. And the median was 5.69.


Be Aware

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


Koppers Holdings Cyclically Adjusted Book per Share Related Terms

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


Koppers Holdings Business Description

Industry
Traded in Other Exchanges
Address
436 Seventh Avenue, Pittsburgh, PA, USA, 15219
Koppers Holdings Inc through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. The majority of its revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.

Koppers Holdings Headlines

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