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Innophos Holdings (Innophos Holdings) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Innophos Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Innophos Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Innophos Holdings'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.

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Innophos Holdings Cyclically Adjusted PB Ratio Chart

Innophos Holdings Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Innophos Holdings Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Innophos Holdings's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Innophos Holdings'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.


Innophos Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Innophos Holdings 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.

Innophos Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Innophos Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=17.16/108.3294*108.3294
=17.160

Current CPI (Sep. 2019) = 108.3294.

Innophos Holdings Quarterly Data

Book Value per Share CPI Adj_Book
200912 13.845 91.111 16.461
201003 14.171 91.821 16.719
201006 14.881 91.962 17.530
201009 14.827 92.162 17.428
201012 15.408 92.474 18.050
201103 16.288 94.283 18.715
201106 17.001 95.235 19.339
201109 17.494 95.727 19.797
201112 18.187 95.213 20.692
201203 19.066 96.783 21.341
201206 19.604 96.819 21.935
201209 20.214 97.633 22.429
201212 20.353 96.871 22.760
201303 20.436 98.209 22.542
201306 20.720 98.518 22.784
201309 20.896 98.790 22.914
201312 21.167 98.326 23.320
201403 21.423 99.695 23.279
201406 21.800 100.560 23.484
201409 21.980 100.428 23.709
201412 21.555 99.070 23.570
201503 20.613 99.621 22.415
201506 19.234 100.684 20.695
201509 17.796 100.392 19.203
201512 17.276 99.792 18.754
201603 17.393 100.470 18.754
201606 17.489 101.688 18.631
201609 17.776 101.861 18.905
201612 17.848 101.863 18.981
201703 17.886 102.862 18.837
201706 17.983 103.349 18.850
201709 18.115 104.136 18.845
201712 17.072 104.011 17.781
201803 17.210 105.290 17.707
201806 17.085 106.317 17.408
201809 17.369 106.507 17.666
201812 17.107 105.998 17.483
201903 17.679 107.251 17.857
201906 17.225 108.070 17.266
201909 17.160 108.329 17.160

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.


Innophos Holdings  (NAS:IPHS) 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.


Innophos Holdings Cyclically Adjusted PB Ratio Related Terms

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Innophos Holdings (Innophos Holdings) Business Description

Traded in Other Exchanges
N/A
Address
259 Prospect Plains Road, Cranbury, NJ, USA, 08512
Innophos Holdings Inc is a holding company that manufactures and sells through its subsidiaries a variety of ingredients used in the production of food, beverages, dietary supplements, pharmaceuticals, and oral care products. Innophos ingredients are made primarily from specialty phosphates. The company organizes itself into three segments namely Food, Health and Nutrition; Industrial Specialties and Other. The Food, Health and Nutrition segment contribute the maximum revenue. The company operates in U.S., Canada, Mexico and other countries.
Executives
John M Steitz director ALBEMARLE CORP, 451 FLORIDA ST, BATON ROUGE LA 70801
Kim Ann Mink director, officer: Chairman, CEO, President 259 PROSPECT PLAINS RD., BLDG A, CRANBURY NJ 08512
Gary A Cappeline director 50 E RIVERCENTER BLVD, COVINGTON KY 41012
Karen R Osar director C/O WESTVACO CORP, ONE HIGH RIDGE PARK, STAMFORD CT 06905
Mark Santangelo officer: Sr. VP, Mfg, Eng & EH&S 15710 JOHN F. KENNEDY BLVD., SUITE 300 HOUSTON TX 77032
Peter T Thomas director 1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Hermanus Kieftenbeld officer: Senior VP and CFO 259 PROSPECT PLAINS RD., BLDG A, CRANBURY NJ 08512
James P. Zallie director 5 WESTBROOK CORPORATE CENTER, WESTCHESTER IL 60154
Randy Gress director, officer: CEO 259 PROSPECT PLAINS ROAD, P O BOX 8000, CRANBURY NJ 08512-8000
Stephen M Zide director BAIN CAPITAL PARTNERS, JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Richard Heyse officer: VP-Chief Financial Officer 259 PROSPECT PLAINS ROAD, BUILDING G, P O BOX 8000, CRANBURY NJ 08512-8000
Bain Capital Investors Llc 10 percent owner 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Partners Vii Lp 10 percent owner JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Fund Vii Llc 10 percent owner JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116
Bain Capital Fund Vii Lp 10 percent owner JOHN HANCOCK TOWER, 200 CLARENDON STREET, BOSTON MA 02116

Innophos Holdings (Innophos Holdings) Headlines