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Wacker Chemie AG (Wacker Chemie AG) Cyclically Adjusted PB Ratio : 1.44 (As of Apr. 30, 2024)


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What is Wacker Chemie AG Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Wacker Chemie AG's current share price is $104.75. Wacker Chemie AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $72.53. Wacker Chemie AG's Cyclically Adjusted PB Ratio for today is 1.44.

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

WKCMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 2.2   Max: 3.61
Current: 1.51

During the past 13 years, Wacker Chemie AG's highest Cyclically Adjusted PB Ratio was 3.61. The lowest was 0.69. And the median was 2.20.

WKCMF's Cyclically Adjusted PB Ratio is ranked better than
52.24% of 1051 companies
in the Chemicals industry
Industry Median: 1.57 vs WKCMF: 1.51

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.

Wacker Chemie AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was $96.956. 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 $72.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Wacker Chemie AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Wacker Chemie AG'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.

Wacker Chemie AG Cyclically Adjusted PB Ratio Chart

Wacker Chemie AG 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 1.32 2.38 2.54 1.97 1.72

Wacker Chemie AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 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 2.54 - 1.97 - 1.72

Competitive Comparison of Wacker Chemie AG's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Wacker Chemie AG'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.


Wacker Chemie AG's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Wacker Chemie AG 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.

Wacker Chemie AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=104.75/72.53
=1.44

* 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.

Wacker Chemie AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Wacker Chemie AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=96.956/123.6675*123.6675
=96.956

Current CPI (Dec23) = 123.6675.

Wacker Chemie AG Annual Data

Book Value per Share CPI Adj_Book
201412 47.715 99.543 59.279
201512 56.315 99.717 69.841
201612 50.524 101.217 61.731
201712 74.306 102.617 89.549
201812 70.699 104.217 83.894
201912 43.992 105.818 51.413
202012 39.799 105.518 46.645
202112 68.657 110.384 76.919
202212 103.715 119.345 107.471
202312 96.956 123.668 96.956

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.


Wacker Chemie AG  (OTCPK:WKCMF) 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.


Wacker Chemie AG Cyclically Adjusted PB Ratio Related Terms

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


Wacker Chemie AG (Wacker Chemie AG) Business Description

Traded in Other Exchanges
Address
Hanns-Seidel-Platz 4, Munich, BY, DEU, 81737
Wacker Chemie AG manufactures and sells chemicals and silicon-based products. The firm organizes itself into four segments based on product type. The Wacker Silicones segment, which generates the most revenue of any segment, sells silicon- and methanol-based products, including durable insulators, lubricants, and sealants. The Wacker Polymers segment provides chemical binders and additives used in construction industry products. The Wacker Biosolutions segment sells chemicals to the pharmaceutical and agrochemical industries. The Wacker Polysilicon segment sells material for solar power and semiconductors. The majority of revenue comes from Europe, China, India, and South Korea.

Wacker Chemie AG (Wacker Chemie AG) Headlines