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Ems-Chemie Holding AG (LTS:0QM9) Cyclically Adjusted PB Ratio : 10.90 (As of May. 17, 2024)


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What is Ems-Chemie Holding AG Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Ems-Chemie Holding AG's current share price is CHF762.00. Ems-Chemie Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was CHF69.90. Ems-Chemie Holding AG's Cyclically Adjusted PB Ratio for today is 10.90.

The historical rank and industry rank for Ems-Chemie Holding AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0QM9' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.7   Med: 10.77   Max: 17.57
Current: 10.91

During the past 13 years, Ems-Chemie Holding AG's highest Cyclically Adjusted PB Ratio was 17.57. The lowest was 5.70. And the median was 10.77.

LTS:0QM9's Cyclically Adjusted PB Ratio is ranked worse than
95.43% of 1072 companies
in the Chemicals industry
Industry Median: 1.645 vs LTS:0QM9: 10.91

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.

Ems-Chemie Holding AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was CHF74.472. 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 CHF69.90 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ems-Chemie Holding AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ems-Chemie Holding AG'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.

Ems-Chemie Holding AG Cyclically Adjusted PB Ratio Chart

Ems-Chemie Holding AG 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 11.23 14.59 16.32 9.32 9.68

Ems-Chemie Holding AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 16.32 - 9.32 - 9.68

Competitive Comparison of Ems-Chemie Holding AG's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Ems-Chemie Holding AG'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.


Ems-Chemie Holding AG's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, Ems-Chemie Holding AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ems-Chemie Holding AG's Cyclically Adjusted PB Ratio falls into.



Ems-Chemie Holding AG 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.

Ems-Chemie Holding AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=762.00/69.9
=10.90

* 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.

Ems-Chemie Holding AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ems-Chemie Holding AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=74.472/106.4612*106.4612
=74.472

Current CPI (Dec23) = 106.4612.

Ems-Chemie Holding AG Annual Data

Book Value per Share CPI Adj_Book
201412 53.450 100.704 56.506
201512 55.166 99.386 59.093
201612 60.089 99.380 64.371
201712 65.200 100.213 69.265
201812 69.480 100.906 73.305
201912 71.089 101.063 74.886
202012 68.315 100.241 72.554
202112 76.914 101.776 80.455
202212 77.634 104.666 78.965
202312 74.472 106.461 74.472

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.


Ems-Chemie Holding AG  (LTS:0QM9) 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.


Ems-Chemie Holding AG Cyclically Adjusted PB Ratio Related Terms

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Ems-Chemie Holding AG (LTS:0QM9) Business Description

Traded in Other Exchanges
Address
Via Innovativa 1, Domat/Ems, CHE, 7013
Ems-Chemie Holding AG is a holding company, which, through its subsidiaries, manufactures and sells a variety of chemical-based products. The firm organizes itself into two segments based on product type: High-Performance Polymers and Specialty Chemicals. The High-Performance Polymers segment, which generates the majority of revenue, sells plastic products to the automotive, electrical, and electronics industries. The Specialty Chemicals segment sells fibres, bonding agents for tires, and fusible bonding yarns for textiles and powder coating products. The majority of revenue comes from Europe.

Ems-Chemie Holding AG (LTS:0QM9) Headlines

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