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Metsa Board Oyj (FRA:MSRB) Cyclically Adjusted PB Ratio : 1.67 (As of Sep. 22, 2024)


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What is Metsa Board Oyj Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Metsa Board Oyj's current share price is €6.20. Metsa Board Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €3.72. Metsa Board Oyj's Cyclically Adjusted PB Ratio for today is 1.67.

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

FRA:MSRB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 2.5   Max: 3.41
Current: 1.82

During the past years, Metsa Board Oyj's highest Cyclically Adjusted PB Ratio was 3.41. The lowest was 1.68. And the median was 2.50.

FRA:MSRB's Cyclically Adjusted PB Ratio is ranked worse than
64.78% of 247 companies
in the Packaging & Containers industry
Industry Median: 1.24 vs FRA:MSRB: 1.82

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.

Metsa Board Oyj's adjusted book value per share data for the three months ended in Jun. 2024 was €4.898. 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 €3.72 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Metsa Board Oyj Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Metsa Board Oyj'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.

Metsa Board Oyj Cyclically Adjusted PB Ratio Chart

Metsa Board Oyj 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 2.02 2.83 2.83 2.62 1.84

Metsa Board Oyj Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 2.51 2.14 1.84 1.89 1.99

Competitive Comparison of Metsa Board Oyj's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Metsa Board Oyj'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.


Metsa Board Oyj's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Metsa Board Oyj's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Metsa Board Oyj 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.

Metsa Board Oyj's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.20/3.72
=1.67

* 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.

Metsa Board Oyj's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Metsa Board Oyj's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=4.898/122.2300*122.2300
=4.898

Current CPI (Jun. 2024) = 122.2300.

Metsa Board Oyj Quarterly Data

Book Value per Share CPI Adj_Book
201409 2.536 100.726 3.077
201412 2.498 100.229 3.046
201503 2.627 100.120 3.207
201506 2.834 100.030 3.463
201509 2.858 100.130 3.489
201512 2.894 99.990 3.538
201603 2.773 100.080 3.387
201606 2.810 100.390 3.421
201609 2.822 100.540 3.431
201612 2.961 101.020 3.583
201703 2.904 100.910 3.518
201706 3.065 101.140 3.704
201709 3.135 101.320 3.782
201712 3.284 101.510 3.954
201803 3.206 101.730 3.852
201806 3.323 102.320 3.970
201809 3.580 102.600 4.265
201812 3.721 102.710 4.428
201903 3.572 102.870 4.244
201906 3.598 103.360 4.255
201909 3.652 103.540 4.311
201912 3.764 103.650 4.439
202003 3.705 103.490 4.376
202006 3.573 103.320 4.227
202009 3.690 103.710 4.349
202012 3.892 103.890 4.579
202103 4.085 104.870 4.761
202106 4.358 105.360 5.056
202109 4.628 106.290 5.322
202112 4.780 107.490 5.435
202203 4.760 110.950 5.244
202206 4.916 113.570 5.291
202209 5.531 114.920 5.883
202212 5.873 117.320 6.119
202303 5.474 119.750 5.587
202306 5.373 120.690 5.442
202309 5.252 121.280 5.293
202312 5.346 121.540 5.376
202403 4.923 122.360 4.918
202406 4.898 122.230 4.898

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.


Metsa Board Oyj  (FRA:MSRB) 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.


Metsa Board Oyj Cyclically Adjusted PB Ratio Related Terms

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


Metsa Board Oyj Business Description

Traded in Other Exchanges
Address
Revontulenpuisto 2, Espoo, FIN, 02100
Metsa Board Oyj manufactures and sells a variety of fibre-based products. Its product portfolio includes pulp, boxboard, and linerboard, which are used in foodservice and consumer goods packaging. The company's customers are typically boxboard printers, carton board manufacturers in the food, cosmetics, and pharmaceutical industries, and manufacturers of branded goods and wholesalers. It operates fiber mills that produce its fiber-based products from timber. Most of the revenue is generated in Europe. It also operates in the Americas and the Asia-Pacific region.

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