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Richards Packagingome Fund (Richards Packagingome Fund) Cyclically Adjusted PB Ratio : 2.46 (As of Jun. 19, 2024)


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What is Richards Packagingome Fund Cyclically Adjusted PB Ratio?

As of today (2024-06-19), Richards Packagingome Fund's current share price is $21.75. Richards Packagingome Fund's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.83. Richards Packagingome Fund's Cyclically Adjusted PB Ratio for today is 2.46.

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

RPKIF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.89   Med: 3.98   Max: 9.34
Current: 2.33

During the past years, Richards Packagingome Fund's highest Cyclically Adjusted PB Ratio was 9.34. The lowest was 1.89. And the median was 3.98.

RPKIF's Cyclically Adjusted PB Ratio is ranked worse than
73.8% of 313 companies
in the Packaging & Containers industry
Industry Median: 1.21 vs RPKIF: 2.33

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.

Richards Packagingome Fund's adjusted book value per share data for the three months ended in Mar. 2024 was $12.346. 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 $8.83 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Richards Packagingome Fund Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Richards Packagingome Fund'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.

Richards Packagingome Fund Cyclically Adjusted PB Ratio Chart

Richards Packagingome Fund 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 5.12 8.19 5.96 3.79 2.77

Richards Packagingome Fund 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 3.38 2.74 2.65 2.77 2.69

Competitive Comparison of Richards Packagingome Fund's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Richards Packagingome Fund'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.


Richards Packagingome Fund's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

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



Richards Packagingome Fund 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.

Richards Packagingome Fund's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=21.75/8.83
=2.46

* 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.

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

For example, Richards Packagingome Fund'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)
=12.346/126.2576*126.2576
=12.346

Current CPI (Mar. 2024) = 126.2576.

Richards Packagingome Fund Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.572 99.473 8.342
201409 6.774 99.394 8.605
201412 6.693 98.367 8.591
201503 6.501 99.789 8.225
201506 6.719 100.500 8.441
201509 6.826 100.421 8.582
201512 6.733 99.947 8.505
201603 6.609 101.054 8.257
201606 6.506 102.002 8.053
201609 6.527 101.765 8.098
201612 6.452 101.449 8.030
201703 6.499 102.634 7.995
201706 6.351 103.029 7.783
201709 6.772 103.345 8.273
201712 6.606 103.345 8.071
201803 6.877 105.004 8.269
201806 6.837 105.557 8.178
201809 6.906 105.636 8.254
201812 7.464 105.399 8.941
201903 7.487 106.979 8.836
201906 7.404 107.690 8.681
201909 8.589 107.611 10.077
201912 8.569 107.769 10.039
202003 8.989 107.927 10.516
202006 9.262 108.401 10.788
202009 9.565 108.164 11.165
202012 11.163 108.559 12.983
202103 12.026 110.298 13.766
202106 12.028 111.720 13.593
202109 11.739 112.905 13.127
202112 9.330 113.774 10.354
202203 9.480 117.646 10.174
202206 10.159 120.806 10.617
202209 10.334 120.648 10.814
202212 10.852 120.964 11.327
202303 10.913 122.702 11.229
202306 11.613 124.203 11.805
202309 11.816 125.230 11.913
202312 12.257 125.072 12.373
202403 12.346 126.258 12.346

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.


Richards Packagingome Fund  (OTCPK:RPKIF) 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.


Richards Packagingome Fund Cyclically Adjusted PB Ratio Related Terms

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Richards Packagingome Fund (Richards Packagingome Fund) Business Description

Traded in Other Exchanges
Address
6095 Ordan Drive, Mississauga, ON, CAN, L5T 2M7
Richards Packaging Income Fund is involved in packaging distribution businesses. The company principally distributes plastic and glass containers and associated closures. It is used in packaging for cosmetics, healthcare, food, beverage, and other products. Geographically, it derives a majority of its revenue from Canada.

Richards Packagingome Fund (Richards Packagingome Fund) Headlines

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