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Koppers Holdings (FRA:KO9) Cyclically Adjusted PB Ratio : 3.85 (As of Jun. 09, 2024)


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What is Koppers Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Koppers Holdings's current share price is €38.20. Koppers Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.92. Koppers Holdings's Cyclically Adjusted PB Ratio for today is 3.85.

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

FRA:KO9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 5.83   Max: 372
Current: 3.83

During the past years, Koppers Holdings's highest Cyclically Adjusted PB Ratio was 372.00. The lowest was 1.68. And the median was 5.83.

FRA:KO9's Cyclically Adjusted PB Ratio is ranked worse than
79.45% of 1202 companies
in the Chemicals industry
Industry Median: 1.7 vs FRA:KO9: 3.83

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.

Koppers Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was €21.962. 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 €9.92 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koppers Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koppers Holdings'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.

Koppers Holdings Cyclically Adjusted PB Ratio Chart

Koppers Holdings 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 7.77 5.51 4.29 3.19 4.96

Koppers Holdings 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 3.78 3.53 3.94 4.96 5.09

Competitive Comparison of Koppers Holdings's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Koppers Holdings'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.


Koppers Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Koppers Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Koppers Holdings 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.

Koppers Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.20/9.92
=3.85

* 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.

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

For example, Koppers Holdings'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)
=21.962/131.7762*131.7762
=21.962

Current CPI (Mar. 2024) = 131.7762.

Koppers Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.137 100.560 8.042
201409 5.626 100.428 7.382
201412 2.770 99.070 3.684
201503 2.556 99.621 3.381
201506 3.052 100.684 3.994
201509 2.948 100.392 3.870
201512 -0.826 99.792 -1.091
201603 -0.431 100.470 -0.565
201606 0.147 101.688 0.190
201609 0.875 101.861 1.132
201612 1.395 101.863 1.805
201703 2.032 102.862 2.603
201706 2.956 103.349 3.769
201709 4.380 104.136 5.543
201712 4.063 104.011 5.148
201803 4.098 105.290 5.129
201806 3.654 106.317 4.529
201809 2.875 106.507 3.557
201812 2.404 105.998 2.989
201903 3.343 107.251 4.107
201906 3.919 108.070 4.779
201909 4.404 108.329 5.357
201912 6.372 108.420 7.745
202003 4.274 108.902 5.172
202006 7.422 108.767 8.992
202009 11.341 109.815 13.609
202012 13.313 109.897 15.963
202103 14.897 111.754 17.566
202106 16.017 114.631 18.413
202109 15.814 115.734 18.006
202112 17.057 117.630 19.108
202203 17.990 121.301 19.544
202206 16.990 125.017 17.909
202209 17.814 125.227 18.746
202212 18.159 125.222 19.109
202303 19.314 127.348 19.986
202306 20.015 128.729 20.489
202309 21.239 129.860 21.552
202312 21.931 129.419 22.330
202403 21.962 131.776 21.962

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.


Koppers Holdings  (FRA:KO9) 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.


Koppers Holdings Cyclically Adjusted PB Ratio Related Terms

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


Koppers Holdings (FRA:KO9) Business Description

Traded in Other Exchanges
Address
436 Seventh Avenue, Pittsburgh, PA, USA, 15219
Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. Most revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.

Koppers Holdings (FRA:KO9) Headlines

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