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CCL Industries (FRA:1C9) Cyclically Adjusted PB Ratio : 4.16 (As of May. 16, 2024)


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What is CCL Industries Cyclically Adjusted PB Ratio?

As of today (2024-05-16), CCL Industries's current share price is €49.20. CCL Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.83. CCL Industries's Cyclically Adjusted PB Ratio for today is 4.16.

The historical rank and industry rank for CCL Industries's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:1C9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 5.79   Max: 10.89
Current: 4.13

During the past years, CCL Industries's highest Cyclically Adjusted PB Ratio was 10.89. The lowest was 2.91. And the median was 5.79.

FRA:1C9's Cyclically Adjusted PB Ratio is ranked worse than
90.23% of 266 companies
in the Packaging & Containers industry
Industry Median: 1.22 vs FRA:1C9: 4.13

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 adjusted book value per share data for the three months ended in Mar. 2024 was €18.320. 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 €11.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CCL Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CCL Industries'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.

CCL Industries Cyclically Adjusted PB Ratio Chart

CCL Industries 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 6.13 5.78 5.38 4.00 3.48

CCL Industries 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 4.28 4.05 3.50 3.48 3.99

Competitive Comparison of CCL Industries's Cyclically Adjusted PB Ratio

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.



CCL Industries 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.20/11.83
=4.16

* 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.

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

For example, CCL Industries'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)
=18.32/126.2576*126.2576
=18.320

Current CPI (Mar. 2024) = 126.2576.

CCL Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.488 99.473 5.696
201409 4.840 99.394 6.148
201412 4.931 98.367 6.329
201503 5.569 99.789 7.046
201506 5.736 100.500 7.206
201509 5.726 100.421 7.199
201512 6.187 99.947 7.816
201603 6.344 101.054 7.926
201606 6.454 102.002 7.989
201609 6.740 101.765 8.362
201612 7.171 101.449 8.925
201703 7.349 102.634 9.041
201706 7.387 103.029 9.052
201709 7.687 103.345 9.391
201712 8.077 103.345 9.868
201803 8.499 105.004 10.219
201806 8.873 105.557 10.613
201809 8.994 105.636 10.750
201812 9.841 105.399 11.789
201903 10.171 106.979 12.004
201906 10.268 107.690 12.038
201909 10.779 107.611 12.647
201912 11.088 107.769 12.990
202003 11.178 107.927 13.076
202006 11.238 108.401 13.089
202009 11.370 108.164 13.272
202012 11.754 108.559 13.670
202103 12.489 110.298 14.296
202106 13.149 111.720 14.860
202109 13.567 112.905 15.172
202112 14.377 113.774 15.954
202203 15.073 117.646 16.176
202206 15.960 120.806 16.680
202209 17.985 120.648 18.821
202212 16.745 120.964 17.478
202303 17.049 122.702 17.543
202306 17.491 124.203 17.780
202309 18.066 125.230 18.214
202312 17.775 125.072 17.943
202403 18.320 126.258 18.320

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.


CCL Industries  (FRA:1C9) 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.


CCL Industries Cyclically Adjusted PB Ratio Related Terms

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


CCL Industries (FRA:1C9) 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, 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 (FRA:1C9) Headlines

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