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OCI NV (XAMS:OCI) Cyclically Adjusted PB Ratio : 3.55 (As of May. 15, 2024)


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What is OCI NV Cyclically Adjusted PB Ratio?

As of today (2024-05-15), OCI NV's current share price is €25.63. OCI NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €7.21. OCI NV's Cyclically Adjusted PB Ratio for today is 3.55.

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

XAMS:OCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.36   Med: 3.7   Max: 5.1
Current: 3.42

During the past 12 years, OCI NV's highest Cyclically Adjusted PB Ratio was 5.10. The lowest was 3.36. And the median was 3.70.

XAMS:OCI's Cyclically Adjusted PB Ratio is ranked worse than
75.68% of 1065 companies
in the Chemicals industry
Industry Median: 1.63 vs XAMS:OCI: 3.42

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.

OCI NV's adjusted book value per share data of for the fiscal year that ended in Dec23 was €4.032. 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 €7.21 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


OCI NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for OCI NV'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.

OCI NV Cyclically Adjusted PB Ratio Chart

OCI NV 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 - - 3.47 4.45 3.64

OCI NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.45 - - - 3.64

Competitive Comparison of OCI NV's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, OCI NV'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.


OCI NV's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



OCI NV 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.

OCI NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.63/7.21
=3.55

* 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.

OCI NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, OCI NV'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)
=4.032/126.4000*126.4000
=4.032

Current CPI (Dec23) = 126.4000.

OCI NV Annual Data

Book Value per Share CPI Adj_Book
201412 8.345 99.050 10.649
201512 5.506 99.730 6.978
201612 6.137 100.710 7.702
201712 4.553 101.970 5.644
201812 4.230 103.970 5.143
201912 5.829 106.800 6.899
202012 4.435 107.850 5.198
202112 8.428 114.010 9.344
202212 10.425 124.940 10.547
202312 4.032 126.400 4.032

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.


OCI NV  (XAMS:OCI) 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.


OCI NV Cyclically Adjusted PB Ratio Related Terms

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


OCI NV (XAMS:OCI) Business Description

Industry
Traded in Other Exchanges
Address
Honthorststraat 19, Amsterdam, NH, NLD, 1071
OCI NV manufactures and sells a variety of fertilizers and natural gas-based chemicals. The firm organizes itself into five reportable segments based on product type and location. The methanol U.S. segment distributes methanol and ammonia primarily to industrial customers around the U.S. Gulf Coast. Methanol Europe produces and distributes regular and bio-methanol. Other segments include nitrogen U.S., nitrogen Europe, and fertiglobe, which is a nitrogen fertilizer platform serving the Middle East and North Africa. Majority revenue is generated from the Fertiglobe segment. The company generates majority of its revenue from Europe and the Americas.

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