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Iberpapel Gestion (XMAD:IBG) Cyclically Adjusted PB Ratio : 0.74 (As of May. 23, 2024)


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What is Iberpapel Gestion Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Iberpapel Gestion's current share price is €19.50. Iberpapel Gestion's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €26.38. Iberpapel Gestion's Cyclically Adjusted PB Ratio for today is 0.74.

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

XMAD:IBG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.49   Med: 0.84   Max: 1.85
Current: 0.74

During the past years, Iberpapel Gestion's highest Cyclically Adjusted PB Ratio was 1.85. The lowest was 0.49. And the median was 0.84.

XMAD:IBG's Cyclically Adjusted PB Ratio is ranked better than
59.55% of 220 companies
in the Forest Products industry
Industry Median: 0.895 vs XMAD:IBG: 0.74

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.

Iberpapel Gestion's adjusted book value per share data for the three months ended in Mar. 2024 was €30.292. 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 €26.38 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Iberpapel Gestion Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Iberpapel Gestion'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.

Iberpapel Gestion Cyclically Adjusted PB Ratio Chart

Iberpapel Gestion Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.24 0.81 0.78 0.54

Iberpapel Gestion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.54 - 0.59 0.63 0.71

Competitive Comparison of Iberpapel Gestion's Cyclically Adjusted PB Ratio

For the Paper & Paper Products subindustry, Iberpapel Gestion'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.


Iberpapel Gestion's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Iberpapel Gestion's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Iberpapel Gestion 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.

Iberpapel Gestion's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.50/26.38
=0.74

* 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.

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

For example, Iberpapel Gestion'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)
=30.292/122.7621*122.7621
=30.292

Current CPI (Mar. 2024) = 122.7621.

Iberpapel Gestion Quarterly Data

Book Value per Share CPI Adj_Book
201403 18.119 100.139 22.212
201406 18.151 101.081 22.044
201409 19.429 100.441 23.747
201412 19.323 100.251 23.662
201503 19.445 99.474 23.997
201506 19.510 101.138 23.681
201509 19.468 99.559 24.005
201512 19.856 100.268 24.310
201603 19.518 98.638 24.292
201606 19.874 100.333 24.317
201609 20.003 99.737 24.621
201612 20.745 101.842 25.006
201703 20.820 100.896 25.332
201706 20.714 101.848 24.967
201709 20.943 101.524 25.324
201712 21.685 102.975 25.852
201803 21.597 102.122 25.962
201806 21.827 104.165 25.724
201809 21.899 103.818 25.895
201812 23.407 104.193 27.578
201903 23.753 103.488 28.177
201906 23.906 104.612 28.054
201909 24.116 103.905 28.493
201912 24.432 105.015 28.561
202003 24.445 103.469 29.003
202006 24.431 104.254 28.768
202009 23.615 103.521 28.004
202012 23.908 104.456 28.098
202103 23.792 104.857 27.855
202106 24.575 107.102 28.168
202109 25.003 107.669 28.508
202112 24.774 111.298 27.326
202203 25.262 115.153 26.931
202206 25.909 118.044 26.944
202209 25.618 117.221 26.829
202212 26.797 117.650 27.961
202303 0.000 118.948 0.000
202306 27.611 120.278 28.181
202309 29.901 121.343 30.251
202403 30.292 122.762 30.292

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.


Iberpapel Gestion  (XMAD:IBG) 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.


Iberpapel Gestion Cyclically Adjusted PB Ratio Related Terms

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


Iberpapel Gestion (XMAD:IBG) Business Description

Traded in Other Exchanges
Address
Avda. Sancho El Sabio, 2 - 1, San Sebastian, ESP, 20010
Iberpapel Gestion SA manufactures printing and writing a paper in Spain. The company operates in Forestry Division, Industrial Division, and Commercial Division. The Forestry Division produces cellulose pulp from Eucalyptus trees. The Industrial Division processes the raw materials into finished goods at its Papelera Guipuzcoana de Zicunaga plant which consists of a cellulose plant and a paper mill, and energy section. The Commercial Division markets the products produced at its manufacturing plant. It earns revenue from the sale of printing and writing paper.

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