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Glatfelter (FRA:GLN) Cyclically Adjusted PB Ratio : 0.12 (As of May. 16, 2024)


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What is Glatfelter Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Glatfelter's current share price is €1.577. Glatfelter's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.23. Glatfelter's Cyclically Adjusted PB Ratio for today is 0.12.

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

FRA:GLN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.2   Max: 2.68
Current: 0.11

During the past years, Glatfelter's highest Cyclically Adjusted PB Ratio was 2.68. The lowest was 0.09. And the median was 1.20.

FRA:GLN's Cyclically Adjusted PB Ratio is ranked better than
93.58% of 218 companies
in the Forest Products industry
Industry Median: 0.87 vs FRA:GLN: 0.11

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.

Glatfelter's adjusted book value per share data for the three months ended in Mar. 2024 was €4.540. 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 €13.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glatfelter Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glatfelter'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.

Glatfelter Cyclically Adjusted PB Ratio Chart

Glatfelter 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 1.22 1.08 1.08 0.17 0.12

Glatfelter 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 0.20 0.19 0.13 0.12 0.13

Competitive Comparison of Glatfelter's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Glatfelter'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.


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

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

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



Glatfelter 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.

Glatfelter's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.577/13.23
=0.12

* 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.

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

For example, Glatfelter'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)
=4.54/129.4194*129.4194
=4.540

Current CPI (Mar. 2024) = 129.4194.

Glatfelter Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.881 100.560 15.291
201409 12.436 100.428 16.026
201412 12.227 99.070 15.973
201503 13.326 99.621 17.312
201506 13.130 100.684 16.877
201509 13.263 100.392 17.098
201512 14.023 99.792 18.186
201603 14.249 100.470 18.355
201606 13.820 101.688 17.589
201609 14.152 101.861 17.981
201612 14.233 101.863 18.083
201703 14.356 102.862 18.062
201706 13.989 103.349 17.518
201709 13.678 104.136 16.999
201712 13.735 104.011 17.090
201803 13.438 105.290 16.518
201806 13.432 106.317 16.351
201809 11.880 106.507 14.436
201812 10.776 105.998 13.157
201903 10.779 107.251 13.007
201906 10.882 108.070 13.032
201909 11.075 108.329 13.231
201912 11.308 108.420 13.498
202003 11.089 108.902 13.178
202006 10.828 108.767 12.884
202009 10.686 109.815 12.594
202012 10.707 109.897 12.609
202103 10.791 111.754 12.497
202106 10.649 114.631 12.023
202109 10.754 115.734 12.026
202112 10.782 117.630 11.863
202203 8.462 121.301 9.028
202206 8.238 125.017 8.528
202209 7.208 125.227 7.449
202212 6.702 125.222 6.927
202303 6.498 127.348 6.604
202306 5.713 128.729 5.744
202309 5.272 129.860 5.254
202312 5.224 129.419 5.224
202403 4.540 129.419 4.540

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.


Glatfelter  (FRA:GLN) 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.


Glatfelter Cyclically Adjusted PB Ratio Related Terms

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


Glatfelter (FRA:GLN) Business Description

Traded in Other Exchanges
Address
4350 Congress Street, Suite 600, Charlotte, NC, USA, 28209
Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company operates through two segments: Composite Fibers and Airlaid Materials. The Composite Fibers segment produces materials used in coffee and tea filtration, wallcovering, consumer product, and fiber-based applications for commercial and industrial use. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. The majority of the company's manufacturing facilities are located in North America and Europe, and it has sales and distribution offices in Russia, Italy, China, and the United States. Products are sold worldwide, with most of its revenue coming from Europe, the United States, and Canada.

Glatfelter (FRA:GLN) Headlines

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