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Olin (OLN) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Olin Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Olin Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Olin'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.

Olin Cyclically Adjusted PB Ratio Chart

Olin 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 1.15 1.63 3.59 3.06 2.99

Olin 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 3.14 2.87 2.76 2.99 -

Competitive Comparison of Olin's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Olin'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.


Olin's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Olin 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.

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

For example, Olin'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)
=17.818/129.4194*129.4194
=17.818

Current CPI (Mar. 2024) = 129.4194.

Olin Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.304 100.560 18.409
201409 14.339 100.428 18.478
201412 13.092 99.070 17.103
201503 13.138 99.621 17.068
201506 13.577 100.684 17.452
201509 13.481 100.392 17.379
201512 14.651 99.792 19.001
201603 14.368 100.470 18.508
201606 14.113 101.688 17.962
201609 14.102 101.861 17.917
201612 13.746 101.863 17.465
201703 13.693 102.862 17.228
201706 13.585 103.349 17.012
201709 13.809 104.136 17.162
201712 16.479 104.011 20.505
201803 16.524 105.290 20.311
201806 16.546 106.317 20.141
201809 17.520 106.507 21.289
201812 17.134 105.998 20.920
201903 17.212 107.251 20.770
201906 16.864 108.070 20.196
201909 16.689 108.329 19.938
201912 15.330 108.420 18.299
202003 14.502 108.902 17.234
202006 13.866 108.767 16.499
202009 9.306 109.815 10.967
202012 9.182 109.897 10.813
202103 10.657 111.754 12.342
202106 12.930 114.631 14.598
202109 14.983 115.734 16.755
202112 16.915 117.630 18.610
202203 18.348 121.301 19.576
202206 18.575 125.017 19.229
202209 18.616 125.227 19.239
202212 19.226 125.222 19.870
202303 19.283 127.348 19.597
202306 19.328 128.729 19.432
202309 18.992 129.860 18.928
202312 18.572 129.419 18.572
202403 17.818 129.419 17.818

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.


Olin  (NYSE:OLN) 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.


Olin Cyclically Adjusted PB Ratio Related Terms

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


Olin (OLN) Business Description

Industry
Traded in Other Exchanges
Address
190 Carondelet Plaza, Suite 1530, Clayton, MO, USA, 63105
Olin Corp manufactures and sells a variety of chemicals and chemical-based products. The company organizes itself into three segments based on the product type. The Chlor alkali products and Vinyls segment, which generates the majority of revenue, sells chlorine and caustic soda, which are used in a variety of industries including cosmetics, textiles, crop protection, and fire protection products. The Epoxy segment sells epoxy resins used in paints and coatings. The Winchester segment sells sporting ammunition and ammunition accessories under the Winchester brand. The majority of revenue comes from the United States.
Executives
Damian Gumpel officer: VP & Pres, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Brett A Flaugher officer: VP & Pres, Winchester C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Valerie A Peters officer: VP, HR C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Julie A Piggott director 500 N AKARD ST. SUITE 400, DALLAS TX 75201
Heidi S Alderman director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
James A Varilek officer: EVP & COO C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
R Nichole Sumner officer: VP & Controller OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Scott D. Ferguson director 250 WEST 55TH STREET, 34TH FLOOR, NEW YORK NY 10019
C Robert Bunch director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Patrick Murphy Schumacher officer: VP & President, CAPV C/O OLIN CORPORATION, 190 CARONDELET PLZ, SUITE 1530, CLAYTON MO 63105
Dana C. O'brien officer: Senior VP, GC & Secretary 1111 LOUISIANA STREET, HOUSTON TX 77002
Pat D Dawson officer: EVP-Pres, Intl & Corp Strategy C/O OLIN CORPORATION, 190 CARONDELET PLAZA, SUITE 1530, CLAYTON MO 63105
W Anthony Will director C/O CF INDUSTRIES HOLDINGS, INC., 4 PARKWAY NORTH, SUITE 400, DEERFIELD IL 60015
Matthew S Darnall director C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105
Teresa M Vermillion officer: VP & Treasurer C/O OLIN CORPORATION, 190 CARONDELET PLZ, STE 1530, CLAYTON MO 63105