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RPM International (STU:RP8) Cyclically Adjusted PB Ratio : 7.70 (As of May. 29, 2024)


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What is RPM International Cyclically Adjusted PB Ratio?

As of today (2024-05-29), RPM International's current share price is €101.00. RPM International's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was €13.11. RPM International's Cyclically Adjusted PB Ratio for today is 7.70.

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

STU:RP8' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.13   Med: 5.5   Max: 8.69
Current: 7.85

During the past years, RPM International's highest Cyclically Adjusted PB Ratio was 8.69. The lowest was 3.13. And the median was 5.50.

STU:RP8's Cyclically Adjusted PB Ratio is ranked worse than
92.85% of 1105 companies
in the Chemicals industry
Industry Median: 1.66 vs STU:RP8: 7.85

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.

RPM International's adjusted book value per share data for the three months ended in Feb. 2024 was €16.895. 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 €13.11 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


RPM International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for RPM International'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.

RPM International Cyclically Adjusted PB Ratio Chart

RPM International Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.90 6.88 8.12 6.90 5.82

RPM International Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 6.59 5.82 7.13 7.29 8.01

Competitive Comparison of RPM International's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, RPM International'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.


RPM International's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



RPM International 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.

RPM International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=101.00/13.11
=7.70

* 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.

RPM International's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=16.895/130.9299*130.9299
=16.895

Current CPI (Feb. 2024) = 130.9299.

RPM International Quarterly Data

Book Value per Share CPI Adj_Book
201405 7.554 100.373 9.854
201408 8.079 100.352 10.541
201411 8.337 99.635 10.956
201502 8.144 99.032 10.767
201505 8.677 100.333 11.323
201508 8.730 100.548 11.368
201511 9.020 100.135 11.794
201602 8.406 100.040 11.002
201605 9.125 101.355 11.788
201608 9.600 101.617 12.369
201611 8.893 101.829 11.434
201702 9.020 102.779 11.491
201705 9.731 103.256 12.339
201708 9.889 103.587 12.499
201711 10.242 104.072 12.885
201802 9.893 105.052 12.330
201805 10.323 106.148 12.733
201808 10.454 106.383 12.866
201811 10.130 106.338 12.473
201902 9.639 106.649 11.834
201905 9.595 108.048 11.627
201908 9.314 108.245 11.266
201911 9.768 108.519 11.785
202002 9.535 109.139 11.439
202005 8.939 108.175 10.819
202008 9.424 109.662 11.252
202011 10.064 109.793 12.001
202102 9.858 110.968 11.631
202105 11.059 113.576 12.749
202108 11.718 115.421 13.293
202111 12.403 117.269 13.848
202202 12.484 119.703 13.655
202205 14.515 123.323 15.410
202208 15.260 124.958 15.989
202211 15.886 125.607 16.559
202302 14.873 126.928 15.342
202305 15.296 128.314 15.608
202308 16.220 129.538 16.394
202311 16.925 129.548 17.106
202402 16.895 130.930 16.895

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.


RPM International  (STU:RP8) 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.


RPM International Cyclically Adjusted PB Ratio Related Terms

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


RPM International (STU:RP8) Business Description

Traded in Other Exchanges
Address
2628 Pearl Road, P.O. Box 777, Medina, OH, USA, 44256
RPM International Inc manufactures and sells a variety of paints, coatings, and adhesives. The firm organizes itself into four segments based on product type. The construction products group sells coatings, roofing, insulation, and other products to distributers, contractors, and end consumers globally. The performance coatings group produces coatings that are used in construction and industrial applications like floorings and corrosion control. The consumer group sells paint, finishes, and similar products to individual consumers through hardware and craft stores. The specialty products group sells a variety of products ranging from niche applications of the other groups, to marine finishes, to edible food colorings. The majority of revenue comes from North America.

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