GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Mercer International Inc (FRA:AEZ) » Definitions » Cyclically Adjusted PB Ratio

Mercer International (FRA:AEZ) Cyclically Adjusted PB Ratio : 0.35 (As of Jun. 01, 2025)


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

What is Mercer International Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Mercer International's current share price is €3.12. Mercer International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €9.01. Mercer International's Cyclically Adjusted PB Ratio for today is 0.35.

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

FRA:AEZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.41   Max: 2.58
Current: 0.37

During the past years, Mercer International's highest Cyclically Adjusted PB Ratio was 2.58. The lowest was 0.36. And the median was 1.41.

FRA:AEZ's Cyclically Adjusted PB Ratio is ranked better than
75.98% of 229 companies
in the Forest Products industry
Industry Median: 0.76 vs FRA:AEZ: 0.37

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.

Mercer International's adjusted book value per share data for the three months ended in Mar. 2025 was €6.050. 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 €9.01 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mercer International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mercer 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.

Mercer International Cyclically Adjusted PB Ratio Chart

Mercer International Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.45 1.28 0.98 0.67

Mercer International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 1.02 0.87 0.70 0.67 0.63

Competitive Comparison of Mercer International's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Mercer 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.


Mercer International's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Mercer International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


;
;

Mercer 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.

Mercer International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.12/9.01
=0.35

* 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.

Mercer International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Mercer International'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)
=6.05/129.1809*129.1809
=6.050

Current CPI (Mar. 2025) = 129.1809.

Mercer International Quarterly Data

Book Value per Share CPI Adj_Book
201506 5.387 100.500 6.924
201509 5.428 100.421 6.983
201512 5.451 99.947 7.045
201603 6.081 101.054 7.774
201606 5.506 102.002 6.973
201609 5.775 101.765 7.331
201612 5.556 101.449 7.075
201703 5.686 102.634 7.157
201706 6.095 103.029 7.642
201709 6.426 103.345 8.033
201712 7.157 103.345 8.946
201803 7.274 105.004 8.949
201806 7.070 105.557 8.652
201809 7.491 105.636 9.161
201812 7.838 105.399 9.607
201903 8.367 106.979 10.103
201906 8.718 107.690 10.458
201909 8.182 107.611 9.822
201912 7.548 107.769 9.048
202003 6.365 107.927 7.618
202006 6.663 108.401 7.940
202009 7.098 108.164 8.477
202012 7.501 108.559 8.926
202103 7.226 110.298 8.463
202106 7.593 111.720 8.780
202109 8.081 112.905 9.246
202112 9.301 113.774 10.561
202203 10.549 117.646 11.583
202206 10.753 120.806 11.498
202209 10.996 120.648 11.774
202212 11.967 120.964 12.780
202303 11.571 122.702 12.182
202306 10.177 124.203 10.585
202309 9.373 125.230 9.669
202312 8.759 125.072 9.047
202403 7.895 126.258 8.078
202406 6.775 127.522 6.863
202409 6.963 127.285 7.067
202412 6.138 127.364 6.226
202503 6.050 129.181 6.050

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.


Mercer International  (FRA:AEZ) 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.


Mercer International Cyclically Adjusted PB Ratio Related Terms

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


Mercer International Business Description

Traded in Other Exchanges
Address
700 West Pender Street, Suite 1120, Vancouver, BC, CAN, V6C 1G8
Mercer International Inc is a forest products company with two reportable operating segments in pulp and solid wood. The pulp segment consists of the manufacture, sale, and distribution of pulp, electricity, and chemicals. The company has a geographical presence in the USA, Germany, China, and Other countries, where the majority of revenue is generated from the USA. The majority of the revenue is generated from the Pulp segment.

Mercer International Headlines

No Headlines