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Chelyabinsk Pipe Plant PJSC (MIC:CHEP) Cyclically Adjusted PB Ratio : 455.07 (As of May. 28, 2024)


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What is Chelyabinsk Pipe Plant PJSC Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Chelyabinsk Pipe Plant PJSC's current share price is ₽314.00. Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 was ₽0.69. Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted PB Ratio for today is 455.07.

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

MIC:CHEP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 455.07   Med: 455.07   Max: 456.81
Current: 456.81

During the past 13 years, Chelyabinsk Pipe Plant PJSC's highest Cyclically Adjusted PB Ratio was 456.81. The lowest was 455.07. And the median was 455.07.

MIC:CHEP's Cyclically Adjusted PB Ratio is not ranked
in the Industrial Products industry.
Industry Median: 1.84 vs MIC:CHEP: 456.81

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.

Chelyabinsk Pipe Plant PJSC's adjusted book value per share data of for the fiscal year that ended in Dec21 was ₽32.686. 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 ₽0.69 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chelyabinsk Pipe Plant PJSC Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chelyabinsk Pipe Plant PJSC'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.

Chelyabinsk Pipe Plant PJSC Cyclically Adjusted PB Ratio Chart

Chelyabinsk Pipe Plant PJSC Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 456.81

Chelyabinsk Pipe Plant PJSC Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun23
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 - - - 456.81 -

Competitive Comparison of Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Chelyabinsk Pipe Plant PJSC'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.


Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted PB Ratio falls into.



Chelyabinsk Pipe Plant PJSC 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.

Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=314.00/0.69
=455.07

* 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.

Chelyabinsk Pipe Plant PJSC's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Chelyabinsk Pipe Plant PJSC's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=32.686/207.2000*207.2000
=32.686

Current CPI (Dec21) = 207.2000.

Chelyabinsk Pipe Plant PJSC Annual Data

Book Value per Share CPI Adj_Book
201212 -29.401 117.300 -51.934
201312 -36.239 124.900 -60.118
201412 -12.629 139.000 -18.825
201512 7.678 157.000 10.133
201612 26.112 165.400 32.711
201712 0.525 169.600 0.641
201812 11.854 176.800 13.892
201912 18.489 182.200 21.026
202012 24.590 191.100 26.662
202112 32.686 207.200 32.686

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.


Chelyabinsk Pipe Plant PJSC  (MIC:CHEP) 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.


Chelyabinsk Pipe Plant PJSC Cyclically Adjusted PB Ratio Related Terms

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


Chelyabinsk Pipe Plant PJSC (MIC:CHEP) Business Description

Traded in Other Exchanges
N/A
Address
40, Business Center Amalthea, Bolshoy Boulevard, 4th floor, Skolkovo Innovation Center, Moscow, RUS, 121205
Chelyabinsk Pipe Plant PJSC produces welded and seamless steel pipe products for use in the oil and gas industry and other industries. Its segments are Steel pipe products, Trunk pipeline systems, Oilfield Services, and Scrap procurement. The firm's main production facilities are located in the Ural region of Russia. The majority of the firm's sale of products is in Russia. Its products are also used in the chemical and petrochemical industries, Energy, Mechanical engineering, construction, agriculture, and other industries.

Chelyabinsk Pipe Plant PJSC (MIC:CHEP) Headlines