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Chemtura (XPAR:CHMT) Cyclically Adjusted PB Ratio : (As of Jun. 19, 2024)


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What is Chemtura Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemtura Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chemtura'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.

Chemtura Cyclically Adjusted PB Ratio Chart

Chemtura Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Chemtura Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Chemtura's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Chemtura'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.


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

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

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



Chemtura 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.

Chemtura's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Chemtura's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=14.717/101.8627*101.8627
=14.717

Current CPI (Dec. 2016) = 101.8627.

Chemtura Quarterly Data

Book Value per Share CPI Adj_Book
200703 347.550 86.640 408.614
200706 352.852 87.906 408.874
200709 354.364 87.964 410.354
200712 349.728 88.616 402.005
200803 336.292 90.090 380.239
200806 287.500 92.320 317.216
200809 283.001 92.307 312.298
200812 96.301 88.697 110.595
200903 68.228 89.744 77.441
200906 59.890 91.003 67.037
200909 62.227 91.120 69.564
200912 29.802 91.111 33.319
201003 -3.625 91.821 -4.021
201006 -27.267 91.962 -30.203
201009 -11.466 92.162 -12.673
201012 7.607 92.474 8.379
201103 7.522 94.283 8.127
201106 7.967 95.235 8.521
201109 7.950 95.727 8.460
201112 8.184 95.213 8.756
201203 8.332 96.783 8.769
201206 8.788 96.819 9.246
201209 8.980 97.633 9.369
201212 8.250 96.871 8.675
201303 8.002 98.209 8.300
201306 8.079 98.518 8.353
201309 7.723 98.790 7.963
201312 7.550 98.326 7.822
201403 7.357 99.695 7.517
201406 7.371 100.560 7.467
201409 6.991 100.428 7.091
201412 9.725 99.070 9.999
201503 12.640 99.621 12.924
201506 12.798 100.684 12.948
201509 12.840 100.392 13.028
201512 13.674 99.792 13.958
201603 13.563 100.470 13.751
201606 13.559 101.688 13.582
201609 13.909 101.861 13.909
201612 14.717 101.863 14.717

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.


Chemtura  (XPAR:CHMT) 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.


Chemtura Cyclically Adjusted PB Ratio Related Terms

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


Chemtura (XPAR:CHMT) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Chemtura manufactures and sells a variety of chemicals, which include lubricants and bromine. The company organizes itself into two segments based on product type. The industrial performance products segment, which generates most of Chemtura's revenue, sells synthetic lubricants and specialty greases that reduce friction for engines and machines. These products are typically sold to the automotive, aviation, marine, and refrigeration industries. The industrial engineered products segment sells a variety of bromine-based products, which include brominated flame retardants for consumer electronics, oil and gas drilling fluids, and pesticides for the agricultural industry. More revenue comes from North America than any other region.

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