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BlueScope Steel (BlueScope Steel) Cyclically Adjusted PB Ratio : 1.41 (As of May. 16, 2024)


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What is BlueScope Steel Cyclically Adjusted PB Ratio?

As of today (2024-05-16), BlueScope Steel's current share price is $68.74. BlueScope Steel's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $48.67. BlueScope Steel's Cyclically Adjusted PB Ratio for today is 1.41.

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

BLSFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.17   Med: 1.15   Max: 2.41
Current: 1.51

During the past 13 years, BlueScope Steel's highest Cyclically Adjusted PB Ratio was 2.41. The lowest was 0.17. And the median was 1.15.

BLSFY's Cyclically Adjusted PB Ratio is ranked worse than
70.61% of 456 companies
in the Steel industry
Industry Median: 0.9 vs BLSFY: 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.

BlueScope Steel's adjusted book value per share data of for the fiscal year that ended in Jun23 was $77.470. 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 $48.67 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


BlueScope Steel Cyclically Adjusted PB Ratio Historical Data

The historical data trend for BlueScope Steel'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.

BlueScope Steel Cyclically Adjusted PB Ratio Chart

BlueScope Steel 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 1.12 1.16 2.08 1.27 1.41

BlueScope Steel 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 - 1.27 - 1.41 -

Competitive Comparison of BlueScope Steel's Cyclically Adjusted PB Ratio

For the Steel subindustry, BlueScope Steel'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.


BlueScope Steel's Cyclically Adjusted PB Ratio Distribution in the Steel Industry

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

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



BlueScope Steel 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.

BlueScope Steel's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=68.74/48.67
=1.41

* 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.

BlueScope Steel's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, BlueScope Steel's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=77.47/124.1700*124.1700
=77.470

Current CPI (Jun23) = 124.1700.

BlueScope Steel Annual Data

Book Value per Share CPI Adj_Book
201406 34.024 98.352 42.956
201506 29.184 99.838 36.297
201606 29.131 100.859 35.864
201706 34.177 102.809 41.278
201806 43.821 104.945 51.848
201906 46.148 106.617 53.746
202006 44.919 106.246 52.497
202106 57.890 110.332 65.151
202206 73.276 117.112 77.692
202306 77.470 124.170 77.470

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.


BlueScope Steel  (OTCPK:BLSFY) 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.


BlueScope Steel Cyclically Adjusted PB Ratio Related Terms

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


BlueScope Steel (BlueScope Steel) Business Description

Traded in Other Exchanges
Address
181 William Street, Level 24, Melbourne, VIC, AUS, 3000
BlueScope is an Australian-based steelmaking firm with five business units. The Australian Steel Products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's U.S. mini-mill specializing in the production of hot rolled coil for U.S. construction and automotive sectors. Building Products Asia and North America operate across Southeast Asia, China, India, and the U.S. West Coast involved in metal-coating, painting, and roll-forming. New Zealand Steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands. The Buildings North America segment specializes in non-residential buildings, including materials manufacturing and support services.

BlueScope Steel (BlueScope Steel) Headlines

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