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Balchem (STU:BL9B) Cyclically Adjusted PB Ratio : 6.18 (As of Mar. 04, 2025)


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What is Balchem Cyclically Adjusted PB Ratio?

As of today (2025-03-04), Balchem's current share price is €163.90. Balchem's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was €26.54. Balchem's Cyclically Adjusted PB Ratio for today is 6.18.

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

STU:BL9B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.68   Med: 7.24   Max: 9.98
Current: 6.25

During the past years, Balchem's highest Cyclically Adjusted PB Ratio was 9.98. The lowest was 4.68. And the median was 7.24.

STU:BL9B's Cyclically Adjusted PB Ratio is ranked worse than
90.61% of 948 companies
in the Chemicals industry
Industry Median: 1.585 vs STU:BL9B: 6.25

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.

Balchem's adjusted book value per share data for the three months ended in Dec. 2024 was €33.762. 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 €26.54 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Balchem Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Balchem'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.

Balchem Cyclically Adjusted PB Ratio Chart

Balchem Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.99 8.66 5.45 5.96 5.91

Balchem Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 5.96 5.99 5.81 6.50 5.91

Competitive Comparison of Balchem's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Balchem'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.


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

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

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



Balchem 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.

Balchem's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=163.90/26.54
=6.18

* 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.

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

For example, Balchem's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=33.762/133.1571*133.1571
=33.762

Current CPI (Dec. 2024) = 133.1571.

Balchem Quarterly Data

Book Value per Share CPI Adj_Book
201503 12.235 99.621 16.354
201506 12.415 100.684 16.419
201509 12.933 100.392 17.154
201512 13.502 99.792 18.016
201603 13.658 100.470 18.101
201606 13.970 101.688 18.293
201609 14.506 101.861 18.963
201612 15.553 101.863 20.331
201703 15.911 102.862 20.597
201706 15.696 103.349 20.223
201709 15.364 104.136 19.646
201712 16.279 104.011 20.841
201803 16.167 105.290 20.446
201806 17.626 106.317 22.076
201809 18.208 106.507 22.764
201812 18.847 105.998 23.676
201903 19.449 107.251 24.147
201906 20.032 108.070 24.682
201909 20.706 108.329 25.452
201912 20.784 108.420 25.526
202003 21.459 108.902 26.239
202006 21.761 108.767 26.641
202009 21.510 109.815 26.082
202012 21.030 109.897 25.481
202103 21.989 111.754 26.200
202106 22.274 114.631 25.874
202109 23.337 115.734 26.850
202112 24.039 117.630 27.212
202203 24.701 121.301 27.115
202206 26.546 125.017 28.275
202209 28.159 125.227 29.942
202212 27.548 125.222 29.294
202303 28.212 127.348 29.499
202306 28.828 128.729 29.820
202309 29.798 129.860 30.555
202312 29.964 129.419 30.829
202403 30.611 131.776 30.932
202406 31.860 132.554 32.005
202409 32.628 133.029 32.659
202412 33.762 133.157 33.762

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.


Balchem  (STU:BL9B) 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.


Balchem Cyclically Adjusted PB Ratio Related Terms

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


Balchem Business Description

Industry
Traded in Other Exchanges
Address
5 Paragon Drive, Montvale, NJ, USA, 07645
Balchem Corp is engaged in the development, manufacture, and marketing of specialty performance ingredients and products for the food, nutritional, feed, pharmaceutical, agricultural, and medical sterilization industries. The segments include 1) Human Nutrition and Health segment provides human-grade choline nutrients and mineral amino acid chelated products through this segment for nutrition and health applications. 2) The Animal Nutrition and Health segment provide nutritional products derived from its microencapsulation and chelation technologies in addition to the essential nutrient choline chloride. 3) The Specialty Products segment includes re-packaging and distributing a number of performance gases and chemicals for various uses, notably ethylene oxide, propylene oxide, and ammonia.

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