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CCL Industries (TSX:CCL.B) Cyclically Adjusted Book per Share : C$20.37 (As of Mar. 2025)


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What is CCL Industries 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.

CCL Industries's adjusted book value per share for the three months ended in Mar. 2025 was C$31.079. 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 C$20.37 for the trailing ten years ended in Mar. 2025.

During the past 12 months, CCL Industries's average Cyclically Adjusted Book Growth Rate was 13.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.80% 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 CCL Industries was 18.00% per year. The lowest was 4.40% per year. And the median was 10.00% per year.

As of today (2025-05-29), CCL Industries's current stock price is C$79.68. CCL Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was C$20.37. CCL Industries's Cyclically Adjusted PB Ratio of today is 3.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CCL Industries was 10.89. The lowest was 3.21. And the median was 6.21.


CCL Industries Cyclically Adjusted Book per Share Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Cyclically Adjusted Book per Share Chart

CCL Industries Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.99 12.61 14.47 17.09 19.24

CCL Industries Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 17.46 18.14 18.80 19.24 20.37

Competitive Comparison of CCL Industries's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, CCL Industries'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.


CCL Industries's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, CCL Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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CCL Industries 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, CCL Industries's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=31.079/129.1809*129.1809
=31.079

Current CPI (Mar. 2025) = 129.1809.

CCL Industries Quarterly Data

Book Value per Share CPI Adj_Book
201506 7.960 100.500 10.232
201509 8.526 100.421 10.968
201512 9.242 99.947 11.945
201603 9.343 101.054 11.944
201606 9.351 102.002 11.843
201609 9.915 101.765 12.586
201612 10.090 101.449 12.848
201703 10.523 102.634 13.245
201706 11.034 103.029 13.835
201709 11.251 103.345 14.064
201712 12.205 103.345 15.256
201803 13.553 105.004 16.674
201806 13.605 105.557 16.650
201809 13.733 105.636 16.794
201812 15.043 105.399 18.437
201903 15.367 106.979 18.556
201906 15.418 107.690 18.495
201909 15.745 107.611 18.901
201912 16.225 107.769 19.449
202003 17.242 107.927 20.637
202006 17.151 108.401 20.439
202009 17.718 108.164 21.161
202012 18.316 108.559 21.795
202103 18.687 110.298 21.886
202106 19.360 111.720 22.386
202109 20.224 112.905 23.139
202112 20.794 113.774 23.610
202203 21.016 117.646 23.077
202206 21.602 120.806 23.100
202209 23.753 120.648 25.433
202212 24.097 120.964 25.734
202303 24.976 122.702 26.295
202306 25.177 124.203 26.186
202309 26.088 125.230 26.911
202312 26.005 125.072 26.859
202403 26.954 126.258 27.578
202406 28.215 127.522 28.582
202409 28.838 127.285 29.268
202412 29.867 127.364 30.293
202503 31.079 129.181 31.079

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


CCL Industries  (TSX:CCL.B) 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.

CCL Industries's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=79.68/20.37
=3.91

* 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 CCL Industries was 10.89. The lowest was 3.21. And the median was 6.21.


Be Aware

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


CCL Industries Cyclically Adjusted Book per Share Related Terms

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


CCL Industries Business Description

Traded in Other Exchanges
Address
111 Gordon Baker Road, Suite 801, Toronto, ON, CAN, M2H 3R1
CCL Industries Inc manufactures and sells packaging and packaging-related products. The company operates through various segments, which include The CCL segment, which generates the majority of revenue, and sells pressure-sensitive and extruded film materials used for labels on consumer packaging, healthcare, automotive, and consumer durable products. The Avery segment sells software, labels, tags, dividers, badges, and specialty card products under the Avery brand. The Checkpoint segment includes the manufacturing and selling of technology-driven, inventory management and labeling solutions. Innovia segment manufactures specialty films. Its geographical segments include Canada; USA and Puerto Rico; Mexico, Brazil, Chile, and Argentina; Europe; and Asia, Australia, Africa, and New Zealand.

CCL Industries Headlines

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