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Severstal PAO (MIC:CHMF) Cyclically Adjusted PB Ratio : 4.61 (As of Apr. 30, 2024)


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What is Severstal PAO Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Severstal PAO's current share price is ₽1931.00. Severstal PAO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ₽418.92. Severstal PAO's Cyclically Adjusted PB Ratio for today is 4.61.

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

MIC:CHMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.87   Med: 4.08   Max: 4.7
Current: 4.51

During the past years, Severstal PAO's highest Cyclically Adjusted PB Ratio was 4.70. The lowest was 1.87. And the median was 4.08.

MIC:CHMF's Cyclically Adjusted PB Ratio is ranked worse than
93.03% of 445 companies
in the Steel industry
Industry Median: 0.88 vs MIC:CHMF: 4.51

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.

Severstal PAO's adjusted book value per share data for the three months ended in Dec. 2023 was ₽731.345. 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 ₽418.92 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Severstal PAO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Severstal PAO'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.

Severstal PAO Cyclically Adjusted PB Ratio Chart

Severstal PAO 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 - - 4.20 2.11 3.36

Severstal PAO Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 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 4.20 - 2.11 2.78 3.36

Competitive Comparison of Severstal PAO's Cyclically Adjusted PB Ratio

For the Steel subindustry, Severstal PAO'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.


Severstal PAO's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Severstal PAO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Severstal PAO 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.

Severstal PAO's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1931.00/418.92
=4.61

* 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.

Severstal PAO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Severstal PAO's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=731.345/244.6000*244.6000
=731.345

Current CPI (Dec. 2023) = 244.6000.

Severstal PAO Quarterly Data

Book Value per Share CPI Adj_Book
201303 624.726 119.500 1,278.728
201306 278.926 121.400 561.988
201309 273.951 122.800 545.671
201312 273.516 124.900 535.645
201403 282.647 127.800 540.966
201406 240.486 130.900 449.373
201409 247.098 132.700 455.465
201412 186.456 139.000 328.109
201503 203.943 149.400 333.899
201506 207.449 150.900 336.263
201509 206.521 153.500 329.088
201512 197.608 157.000 307.866
201603 211.058 160.200 322.252
201606 215.890 162.200 325.565
201609 230.228 163.300 344.849
201612 221.179 165.400 327.088
201703 240.950 167.000 352.912
201706 223.902 169.200 323.679
201709 227.055 168.200 330.188
201712 232.892 169.600 335.881
201803 263.561 171.000 377.000
201806 240.619 173.100 340.008
201809 233.342 173.900 328.208
201812 237.665 176.800 328.806
201903 272.617 179.900 370.662
201906 244.091 181.200 329.496
201909 255.576 180.800 345.763
201912 256.283 182.200 344.055
202003 268.111 184.500 355.447
202006 242.764 187.000 317.541
202009 239.215 187.400 312.230
202012 242.385 191.100 310.243
202103 304.729 195.200 381.848
202106 349.514 199.100 429.388
202109 372.123 201.300 452.167
202112 371.911 207.200 439.042
202206 0.000 230.800 0.000
202212 509.980 231.900 537.909
202306 624.742 238.300 641.258
202312 731.345 244.600 731.345

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.


Severstal PAO  (MIC:CHMF) 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.


Severstal PAO Cyclically Adjusted PB Ratio Related Terms

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


Severstal PAO (MIC:CHMF) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Klary Tsetkin Street, 2, Moscow, RUS, 127299
Severstal PAO is a vertically integrated steel and mining company in Russia. The company has two operating divisions: Severstal Resources and Severstal Russian Steel. Its core asset is the Cherepovets steel mill, which is located within easy access of the company's mining operations, the Baltic ports, and Russia's industrial heartland. The company produces iron ore pellets, iron ore concentrates, crushed stones, ferrite strontium powder, coking & steam coal, and coking coal concentrate. These materials are provided to six industry categories: construction and service processing, tube and pipe, oil and gas, machinery, autos, and others. Construction and service processing accounts for a majority of sales. Severstal generates most of its revenue in Russia.

Severstal PAO (MIC:CHMF) Headlines

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