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Mativ Holdings (FRA:MH2) Cyclically Adjusted Book per Share : €20.01 (As of Mar. 2024)


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What is Mativ Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Mativ Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €15.362. 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 €20.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Mativ Holdings's average Cyclically Adjusted Book Growth Rate was 0.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Mativ Holdings was 8.70% per year. The lowest was 4.60% per year. And the median was 6.00% per year.

As of today (2024-05-26), Mativ Holdings's current stock price is €17.20. Mativ Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €20.01. Mativ Holdings's Cyclically Adjusted PB Ratio of today is 0.86.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mativ Holdings was 4.79. The lowest was 0.53. And the median was 2.36.


Mativ Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mativ Holdings's Cyclically Adjusted Book per Share 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.

Mativ Holdings Cyclically Adjusted Book per Share Chart

Mativ Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.50 14.60 17.51 19.81 19.70

Mativ Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 19.80 20.09 20.60 19.70 20.01

Competitive Comparison of Mativ Holdings's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, Mativ 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.


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

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

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



Mativ Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Mativ Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.362/131.7762*131.7762
=15.362

Current CPI (Mar. 2024) = 131.7762.

Mativ Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.171 100.560 17.260
201409 13.270 100.428 17.412
201412 13.017 99.070 17.314
201503 13.196 99.621 17.455
201506 13.569 100.684 17.759
201509 13.449 100.392 17.653
201512 14.095 99.792 18.612
201603 14.780 100.470 19.385
201606 15.040 101.688 19.490
201609 15.321 101.861 19.821
201612 15.776 101.863 20.409
201703 15.771 102.862 20.204
201706 15.787 103.349 20.129
201709 15.548 104.136 19.675
201712 15.042 104.011 19.057
201803 14.816 105.290 18.543
201806 15.099 106.317 18.715
201809 15.840 106.507 19.598
201812 15.937 105.998 19.813
201903 16.104 107.251 19.787
201906 16.403 108.070 20.001
201909 16.893 108.329 20.549
201912 17.411 108.420 21.162
202003 17.175 108.902 20.783
202006 17.207 108.767 20.847
202009 17.036 109.815 20.443
202012 17.046 109.897 20.440
202103 17.462 111.754 20.590
202106 17.246 114.631 19.825
202109 17.177 115.734 19.558
202112 19.197 117.630 21.506
202203 20.087 121.301 21.822
202206 20.581 125.017 21.694
202209 20.823 125.227 21.912
202212 20.267 125.222 21.328
202303 19.716 127.348 20.402
202306 19.338 128.729 19.796
202309 11.580 129.860 11.751
202312 16.054 129.419 16.346
202403 15.362 131.776 15.362

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Mativ Holdings  (FRA:MH2) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Mativ Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.20/20.01
=0.86

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mativ Holdings was 4.79. The lowest was 0.53. And the median was 2.36.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Mativ Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Mativ Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Mativ Holdings (FRA:MH2) Business Description

Industry
Traded in Other Exchanges
Address
100 North Point Center East, Suite 600, Alpharetta, GA, USA, 30022
Mativ Holdings Inc is a diversified producer of premium specialty papers and resin-based products. It manufactures and sells paper and reconstituted tobacco products to the tobacco industry as well as specialized paper products. The company operates in two segments namely Advanced Materials and Structures, which manufactures resin-based products used in specialty applications in the filtration, infrastructure and construction, transportation, industrial, and medical end-markets, and Engineered Papers, which produces cigarette papers and reconstituted tobacco products for cigarette and cigar manufacturers, as well as various other non-tobacco paper products.

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