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Cascades (Cascades) Cyclically Adjusted PB Ratio : 0.52 (As of Apr. 28, 2024)


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What is Cascades Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Cascades's current share price is $6.73. Cascades's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.93. Cascades's Cyclically Adjusted PB Ratio for today is 0.52.

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

CADNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.83   Max: 1.45
Current: 0.54

During the past years, Cascades's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.36. And the median was 0.83.

CADNF's Cyclically Adjusted PB Ratio is ranked better than
77.31% of 260 companies
in the Packaging & Containers industry
Industry Median: 1.155 vs CADNF: 0.54

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.

Cascades's adjusted book value per share data for the three months ended in Dec. 2023 was $12.873. 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 $12.93 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cascades Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cascades'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.

Cascades Cyclically Adjusted PB Ratio Chart

Cascades 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 0.85 1.09 0.96 0.53 0.75

Cascades 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 0.53 0.67 0.70 0.73 0.75

Competitive Comparison of Cascades's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Cascades'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.


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

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

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



Cascades 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.73/12.93
=0.52

* 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.

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

For example, Cascades'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)
=12.873/125.4675*125.4675
=12.873

Current CPI (Dec. 2023) = 125.4675.

Cascades Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.280 98.604 13.081
201406 9.553 99.473 12.049
201409 9.239 99.394 11.663
201412 8.222 98.367 10.487
201503 7.284 99.789 9.158
201506 7.695 100.500 9.607
201509 7.358 100.421 9.193
201512 6.634 99.947 8.328
201603 7.168 101.054 8.900
201606 7.595 102.002 9.342
201609 7.644 101.765 9.424
201612 7.804 101.449 9.652
201703 9.168 102.634 11.208
201706 11.673 103.029 14.215
201709 12.208 103.345 14.821
201712 11.996 103.345 14.564
201803 12.365 105.004 14.775
201806 12.514 105.557 14.874
201809 12.866 105.636 15.281
201812 11.903 105.399 14.169
201903 11.959 106.979 14.026
201906 12.142 107.690 14.146
201909 12.634 107.611 14.730
201912 12.011 107.769 13.983
202003 11.712 107.927 13.615
202006 12.107 108.401 14.013
202009 11.730 108.164 13.606
202012 13.356 108.559 15.436
202103 13.792 110.298 15.689
202106 14.129 111.720 15.868
202109 13.936 112.905 15.487
202112 14.555 113.774 16.051
202203 14.599 117.646 15.570
202206 14.648 120.806 15.213
202209 14.409 120.648 14.985
202212 13.723 120.964 14.234
202303 12.962 122.702 13.254
202306 13.301 124.203 13.436
202309 13.360 125.230 13.385
202312 12.873 125.468 12.873

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.


Cascades  (OTCPK:CADNF) 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.


Cascades Cyclically Adjusted PB Ratio Related Terms

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


Cascades (Cascades) Business Description

Traded in Other Exchanges
Address
404, Rue Marie-Victorin Boulevard, C.P. 30, Kingsey Falls, QC, CAN, J0A 1B0
Cascades Inc, along with its subsidiaries, produces, converts and markets packaging and tissue products composed mainly of recycled fibres. The company is organized into three main business segments: Containerboard, Specialty Products (which constitutes packaging products), and Tissue Papers. The business activity of the company functions in Canada, the United States, Italy, and other countries. Its customer base includes food processing companies, the maintenance industry, accommodations, and housing industry, micro-businesses, and boutiques.