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Cornerstone Building Brands (Cornerstone Building Brands) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Cornerstone Building Brands Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cornerstone Building Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cornerstone Building Brands'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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Cornerstone Building Brands Cyclically Adjusted PB Ratio Chart

Cornerstone Building Brands Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Cornerstone Building Brands Quarterly Data
Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Cornerstone Building Brands's Cyclically Adjusted PB Ratio

For the Building Products & Equipment subindustry, Cornerstone Building Brands'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.


Cornerstone Building Brands's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

For the Construction industry and Industrials sector, Cornerstone Building Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cornerstone Building Brands's Cyclically Adjusted PB Ratio falls into.



Cornerstone Building Brands 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.

Cornerstone Building Brands's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Cornerstone Building Brands's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=10.674/121.3010*121.3010
=10.674

Current CPI (Mar. 2022) = 121.3010.

Cornerstone Building Brands Quarterly Data

Book Value per Share CPI Adj_Book
201204 -2.300 97.075 -2.874
201207 -18.618 96.661 -23.364
201210 -18.204 97.595 -22.626
201301 -17.952 97.158 -22.413
201304 -18.076 98.107 -22.349
201307 3.179 98.557 3.913
201310 3.380 98.536 4.161
201401 3.122 98.692 3.837
201404 3.075 100.023 3.729
201407 3.187 100.520 3.846
201410 3.353 100.176 4.060
201501 3.367 98.604 4.142
201504 3.293 99.824 4.002
201507 3.388 100.691 4.081
201510 3.671 100.346 4.438
201601 3.741 99.957 4.540
201604 3.777 100.947 4.539
201607 3.770 101.524 4.504
201610 3.973 101.988 4.725
201701 3.995 102.456 4.730
201704 4.272 103.167 5.023
201707 4.567 103.278 5.364
201710 4.464 104.070 5.203
201801 4.026 104.578 4.670
201804 3.966 105.708 4.551
201807 4.518 106.324 5.154
201810 4.989 106.695 5.672
201903 7.221 107.251 8.167
201906 7.236 108.070 8.122
201909 7.390 108.329 8.275
201912 7.420 108.420 8.302
202003 2.758 108.902 3.072
202006 3.023 108.767 3.371
202009 3.360 109.815 3.711
202012 3.523 109.897 3.889
202103 3.641 111.754 3.952
202106 3.802 114.631 4.023
202109 8.811 115.734 9.235
202112 9.265 117.630 9.554
202203 10.674 121.301 10.674

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.


Cornerstone Building Brands  (NYSE:CNR) 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.


Cornerstone Building Brands Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Cornerstone Building Brands's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Cornerstone Building Brands (Cornerstone Building Brands) Business Description

Traded in Other Exchanges
N/A
Address
5020 Weston Parkway, Suite 400, Cary, NC, USA, 27513
Cornerstone Building Brands Inc constructs and sells building materials for the commercial, residential, and repair industries in North America. The company operates in three segments: commercial, which provides metal products and coil coating services for commercial construction; siding, which offers vinyl and steel siding, aluminum coil and gutters, roofing accessories, moldings, window and door trim, rain removal systems, vents, fences, and railings; and windows, which includes vinyl, aluminum, and wooden windows as well as steel, wood, and fiberglass doors. All three segments contribute sizably to total revenue.
Executives
Rose Lee director, officer: PRESIDENT & CEO C/O CROWN HOLDINGS, INC., 770 TOWNSHIP LINE ROAD, YARDLEY PA 19067
Judith A Reinsdorf director C. R. BARD, INC., 730 CENTRAL AVENUE, MURRAY HILL NJ 07974
Alena Brenner officer: EVP, GC and Corp. Sec. 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Jeffrey S. Lee officer: EVP, CFO 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513
Katy Theroux officer: Executive VP, Chief HR Officer 10943 N. SAM HOUSTON PARKWAY W. HOUSTON TX 77056
Daniel C. Janki director 5020 WESTON PARKWAY, SUITE 400, CARY NC 27513
Timothy J. Obrien director C/O NCI BUILDING SYSTEMS, INC. 10943 NORTH SAM HOUSTON PARKWAY WEST HOUSTON TX 77064
George L. Ball director 10943 N. SAM HOUSTON PARKWAY W., HOUSTON TX 77064
William E Jackson director ONE NEENAH CENTER, 4TH FLOOR P.O. BOX 669 NEENAH WI 54957
Kathleen J Affeldt director
John J Holland director 26602 W. GREENTREE, OLATHE KS 66061
James Keppler officer: EVP, OPERATIONS 5020 WESTON PARKWAY SUITE 400 CARY NC 27513
James Wilbert W Jr director 16100 SOUTH LATHROP AVENUE, HARVEY IL 60426
Wayne Irmiter officer: SVP, CAO 5020 WESTON PARKWAY CAY NC 27513
John L Buckley officer: President, Siding Division 5020 WESTON PARKWAY, SUITE 400 CARY NC 27513

Cornerstone Building Brands (Cornerstone Building Brands) Headlines

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