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Amcor (AMCR) Cyclically Adjusted PB Ratio : 2.68 (As of Apr. 27, 2024)


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What is Amcor Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Amcor's current share price is $8.97. Amcor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.35. Amcor's Cyclically Adjusted PB Ratio for today is 2.68.

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

AMCR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.53   Med: 2.84   Max: 3.4
Current: 2.67

During the past years, Amcor's highest Cyclically Adjusted PB Ratio was 3.40. The lowest was 2.53. And the median was 2.84.

AMCR's Cyclically Adjusted PB Ratio is ranked worse than
81.15% of 260 companies
in the Packaging & Containers industry
Industry Median: 1.155 vs AMCR: 2.67

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.

Amcor's adjusted book value per share data for the three months ended in Dec. 2023 was $2.745. 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 $3.35 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amcor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amcor'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.

Amcor Cyclically Adjusted PB Ratio Chart

Amcor Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 2.96

Amcor 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 - 3.40 2.96 2.72 2.88

Competitive Comparison of Amcor's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Amcor'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.


Amcor's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Amcor's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Amcor 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.

Amcor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.97/3.35
=2.68

* 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.

Amcor's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Amcor's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.745/130.0000*130.0000
=2.745

Current CPI (Dec. 2023) = 130.0000.

Amcor Quarterly Data

Book Value per Share CPI Adj_Book
200006 1.481 73.600 2.616
200106 1.661 75.000 2.879
200206 2.634 75.800 4.517
200306 3.089 76.700 5.236
200406 3.220 77.900 5.374
200506 3.258 79.400 5.334
200606 2.570 81.500 4.099
200706 2.968 83.500 4.621
200806 2.960 86.600 4.443
200906 2.527 88.100 3.729
201006 2.830 90.200 4.079
201106 3.212 93.500 4.466
201206 2.797 95.600 3.803
201306 2.731 98.000 3.623
201406 1.682 99.800 2.191
201506 1.243 100.100 1.614
201606 0.682 101.000 0.878
201706 0.709 103.500 0.891
201806 0.877 105.900 1.077
201812 0.857 107.100 1.040
201903 0.000 107.000 0.000
201906 3.453 107.900 4.160
201909 3.350 108.400 4.018
201912 3.331 108.500 3.991
202003 3.013 108.600 3.607
202006 2.962 108.800 3.539
202009 2.998 109.200 3.569
202012 3.077 109.400 3.656
202103 3.022 109.700 3.581
202106 3.104 111.400 3.622
202109 3.041 112.400 3.517
202112 2.955 114.700 3.349
202203 3.011 116.500 3.360
202206 2.745 120.500 2.961
202209 2.638 122.300 2.804
202212 2.933 125.300 3.043
202303 2.890 126.800 2.963
202306 2.782 129.400 2.795
202309 2.699 130.100 2.697
202312 2.745 130.000 2.745

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.


Amcor  (NYSE:AMCR) 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.


Amcor Cyclically Adjusted PB Ratio Related Terms

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


Amcor (AMCR) Business Description

Address
83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP
Amcor is a global manufacturer of flexible and rigid plastic packaging and provides packaging solutions to the food, beverage, pharmaceuticals, medical, household, personal care, and industrials sectors. Operations span more than 40 countries and over 200 locations. Around half of group sales are derived from North America, one quarter from Europe, and the remainder from emerging markets. Amcor operates two distinct businesses: flexibles and rigids. Flexibles accounts for about 80% of earnings and produces plastic, aluminium, and fibre-based packaging. Rigids accounts for about 20% of earnings and consists primarily of hot-fill and cold-fill polyethylene terephthalate bottling solutions in the North American and Latin American markets.
Executives
Arun Nayar director 9 MARSHAL LANE, WESTON CT 06883
Nicholas T. Long director C/O 9341 COURTLAND DRIVE NE, ROCKFORD MI 49351
Andrea E. Bertone director C/O CORP. SECRETARY, PEABODY ENERGY CORP, 701 MARKET STREET, ST. LOUIS MO 63101
Foufopoulos - De Ridder Lucrece director 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Ian Wilson officer: Executive Vice President C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Louis Fred Stephan officer: President, Amcor Flexibles NA 2301 INDUSTRIAL DRIVE, NEENAH WI 54956
Ronald Stephen Delia officer: Chief Executive Officer C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Michael J Zacka officer: President, Amcor Flex Europe 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS30 8XP
Eric V Roegner officer: President,Amcor Rigid Plastics ARCONIC INC., 390 PARK AVENUE, NEW YORK NY 10022-4608
Julie Marie Sorrells officer: V.P. & Corporate Controller 83 TOWER ROAD NORTH, WARMLEY BRISTOL X0 BS30 8XP
Michael Casamento officer: Executive VP, Finance & CFO C/O AMCOR PLC, 83 TOWER ROAD NORTH, WARMLEY, BRISTOL X0 BS308XP
Gonzalez Susana Suarez officer: Ex. VP & Chief Human Resources 521 WEST 57TH STREET, NEW YORK NY 10019
Deborah Rasin officer: General Counsel TWO PRUDENTIAL PLAZA, SUITE 4100, CHICAGO IL 60601
Achal Agarwal director P.O. BOX 61900, DALLAS TX 75261-9100
Susan K Carter director C/O INGERSOLL-RAND COMPANY, 800-E BEATY STREET, DAVIDSON NC 28036

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