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Global Brass and Copper Holdings (Global Brass and Copper Holdings) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Global Brass and Copper Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Global Brass and Copper Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Global Brass and Copper Holdings'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.

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Global Brass and Copper Holdings Cyclically Adjusted PB Ratio Chart

Global Brass and Copper Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Global Brass and Copper Holdings Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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Competitive Comparison of Global Brass and Copper Holdings's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Global Brass and Copper 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.


Global Brass and Copper Holdings's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Global Brass and Copper Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Global Brass and Copper Holdings's Cyclically Adjusted PB Ratio falls into.



Global Brass and Copper Holdings 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.

Global Brass and Copper Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Global Brass and Copper Holdings's adjusted Book Value per Share data for the fiscal year that ended in Dec18 was:

Adj_Book=Book Value per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=8.386/105.9979*105.9979
=8.386

Current CPI (Dec18) = 105.9979.

Global Brass and Copper Holdings Annual Data

Book Value per Share CPI Adj_Book
200912 1.045 91.111 1.216
201012 1.153 92.474 1.322
201112 3.766 95.213 4.193
201212 -2.435 96.871 -2.664
201312 -0.347 98.326 -0.374
201412 1.012 99.070 1.083
201512 2.622 99.792 2.785
201612 4.197 101.863 4.367
201712 6.505 104.011 6.629
201812 8.386 105.998 8.386

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.


Global Brass and Copper Holdings  (NYSE:BRSS) 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.


Global Brass and Copper Holdings Cyclically Adjusted PB Ratio Related Terms

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Global Brass and Copper Holdings (Global Brass and Copper Holdings) Business Description

Traded in Other Exchanges
N/A
Address
475 N. Martingale Road, Suite 1050, Schaumburg, IL, USA, 60173
Global Brass and Copper Holdings Inc is a fabricator, distributor and processor of specialized copper and brass products. It is also engaged in metal melting and casting, rolling, extruding and stamping to fabricate finished and semi-finished alloy products.
Executives
Martin E Welch director DELPHI CORPORATION, 5725 DELPHI DRIVE, TROY MI 48098
John H Walker director 233 SOUTH WACKER DRIVE, CHICAGO IL 60606
Bradford T Ray director 15415 SHELBYVILLE ROAD, LOUISVILLE KY 40245
Vicki L Avril director 604 KENMARE DRIVE, BURR RIDGE IL 60527
Ronald C Whitaker director C/O STURM RUGER & COMPANY INC, ONE LACEY PLACE, SOUTHPORT CT 06890
Paul Schwind officer: Corporate Controller 475 N. MARTINGALE ROAD, SUITE 1050 SCHAUMBURG IL 60173
George Thanopoulos director 240 JOYCE CT, BLOOMFIELD HILLS MI 48304
David B Burritt director 600 GRANT STREET, SUITE 1500, PITTSBURGH PA 15219

Global Brass and Copper Holdings (Global Brass and Copper Holdings) Headlines

From GuruFocus

Global Brass and Copper Holdings, Inc. Announces Cash Dividend

By ACCESSWIRE AccessWire 05-01-2019