GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » GrafTech International Ltd (NYSE:EAF) » Definitions » Cyclically Adjusted PB Ratio

GrafTech International (GrafTech International) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


View and export this data going back to 2018. Start your Free Trial

What is GrafTech International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GrafTech International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GrafTech International'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.

* Premium members only.

GrafTech International Cyclically Adjusted PB Ratio Chart

GrafTech International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.15 2.33 3.18 1.70 1.30

GrafTech International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.90 2.21 1.91 1.30 -

Competitive Comparison of GrafTech International's Cyclically Adjusted PB Ratio

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, GrafTech International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GrafTech International 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.

GrafTech International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=0.146/129.4194*129.4194
=0.146

Current CPI (Mar. 2024) = 129.4194.

GrafTech International Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.547 100.560 11.000
201409 8.119 100.428 10.463
201412 7.338 99.070 9.586
201503 6.727 99.621 8.739
201506 6.621 100.684 8.511
201509 6.124 100.392 7.895
201512 5.903 99.792 7.656
201603 2.603 100.470 3.353
201606 2.175 101.688 2.768
201609 2.107 101.861 2.677
201612 1.910 101.863 2.427
201703 1.839 102.862 2.314
201706 1.811 103.349 2.268
201709 1.823 104.136 2.266
201712 2.029 104.011 2.525
201803 -0.914 105.290 -1.123
201806 -3.279 106.317 -3.992
201809 -3.574 106.507 -4.343
201812 -3.706 105.998 -4.525
201903 -3.034 107.251 -3.661
201906 -2.443 108.070 -2.926
201909 -2.095 108.329 -2.503
201912 -2.555 108.420 -3.050
202003 -2.547 108.902 -3.027
202006 -2.151 108.767 -2.559
202009 -1.767 109.815 -2.082
202012 -1.233 109.897 -1.452
202103 -0.875 111.754 -1.013
202106 -0.659 114.631 -0.744
202109 -0.420 115.734 -0.470
202112 0.089 117.630 0.098
202203 0.520 121.301 0.555
202206 0.761 125.017 0.788
202209 1.056 125.227 1.091
202212 1.316 125.222 1.360
202303 1.288 127.348 1.309
202306 1.249 128.729 1.256
202309 1.125 129.860 1.121
202312 0.305 129.419 0.305
202403 0.146 129.419 0.146

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.


GrafTech International  (NYSE:EAF) 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.


GrafTech International Cyclically Adjusted PB Ratio Related Terms

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


GrafTech International (GrafTech International) Business Description

Traded in Other Exchanges
Address
982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a producer of specialized graphite electrodes. The electrode is an essential part of the electric arc furnace process used in aluminum smelters and steel minimills. The company operates into one reporting segment namely Industrial Materials. The Industrial Materials segment manufactures high-quality graphite electrodes essential to the production of electric arc furnace steel and other ferrous and non-ferrous metals. It offers graphite electrodes and needle coke products.
Executives
Brookfield Private Funds Holdings Inc. director, 10 percent owner THREE WORLD FINANCIAL CENTER, 200 VESEY STREET, 11TH FLOOR, NEW YORK NY 10281
Bcp Gp Ltd director, 10 percent owner, See Remarks C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY STREET, SUITE, TORONTO A6 M5J2T3
Diego Donoso director 2211 H.H. DOW WAY, MIDLAND MI 48674
Marcel Kessler director, officer: CEO and President 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131
Jean-marc Germain director 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131
Timothy K Flanagan officer: CFO, VP Finance & Treasurer C/O GRAFTECH INTERNATIONAL LTD., 982 KEYNOTE CIRCLE, BROOKLYN HEIGHTS OH 44131
David J. Rintoul director, officer: President and CEO 600 GRANT STREET, SUITE 6100, PITTSBURGH PA 15219
Debra Fine director 590 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10022
Henry R. Keizer director MONTPELIER HOUSE, 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Leslie D Dunn director
Brookfield Business Partners Ltd director, 10 percent owner 73 FRONT STREET, 5TH FLOOR, HAMILTON D0 HM12
Bcp Iv Bermuda Investor Lp director, 10 percent owner 181 BAY STREET, SUITE 300, BROOKFIELD PLACE, TORONTO A6 M5J 2T3
Brookfield Private Equity Group Holdings Lp director, 10 percent owner C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY STREET, SUITE, TORONTO A6 M5J2T3
Brookfield Us Inc. director, 10 percent owner BROOKFIELD PLACE, 250 VESEY STREET, 15TH FLOOR, NEW YORK NY 10281-1023
Brookfield Private Equity Holdings Llc director, 10 percent owner C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 250 VESEY STREET, NEW YORK NY 10281-1023