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Packaging of America (STU:PKA) Cyclically Adjusted Book per Share : €31.33 (As of Mar. 2024)


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What is Packaging of America 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.

Packaging of America's adjusted book value per share for the three months ended in Mar. 2024 was €41.296. 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 €31.33 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Packaging of America's average Cyclically Adjusted Book Growth Rate was 12.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 14.30% 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 Packaging of America was 17.40% per year. The lowest was 3.10% per year. And the median was 11.10% per year.

As of today (2024-05-31), Packaging of America's current stock price is €162.55. Packaging of America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €31.33. Packaging of America's Cyclically Adjusted PB Ratio of today is 5.19.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Packaging of America was 9.67. The lowest was 3.98. And the median was 6.35.


Packaging of America Cyclically Adjusted Book per Share Historical Data

The historical data trend for Packaging of America'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.

Packaging of America Cyclically Adjusted Book per Share Chart

Packaging of America 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 15.89 16.27 21.15 26.92 29.56

Packaging of America 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 27.57 28.33 30.45 29.56 31.33

Competitive Comparison of Packaging of America's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Packaging of America'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.


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

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

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



Packaging of America 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, Packaging of America'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)
=41.296/131.7762*131.7762
=41.296

Current CPI (Mar. 2024) = 131.7762.

Packaging of America Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.091 100.560 14.534
201409 12.242 100.428 16.063
201412 12.539 99.070 16.679
201503 14.629 99.621 19.351
201506 14.480 100.684 18.952
201509 14.819 100.392 19.452
201512 15.602 99.792 20.602
201603 15.181 100.470 19.911
201606 15.874 101.688 20.571
201609 16.377 101.861 21.187
201612 17.729 101.863 22.935
201703 18.131 102.862 23.228
201706 17.994 103.349 22.943
201709 17.724 104.136 22.428
201712 19.558 104.011 24.779
201803 19.555 105.290 24.474
201806 21.631 106.317 26.811
201809 22.946 106.507 28.390
201812 24.858 105.998 30.903
201903 26.172 107.251 32.157
201906 27.309 108.070 33.300
201909 29.097 108.329 35.395
201912 29.186 108.420 35.473
202003 30.070 108.902 36.386
202006 29.348 108.767 35.556
202009 28.707 109.815 34.448
202012 28.148 109.897 33.752
202103 29.455 111.754 34.732
202106 30.092 114.631 34.593
202109 32.285 115.734 36.760
202112 34.143 117.630 38.249
202203 36.623 121.301 39.786
202206 40.026 125.017 42.190
202209 43.268 125.227 45.531
202212 38.592 125.222 40.612
202303 39.040 127.348 40.398
202306 39.513 128.729 40.448
202309 40.639 129.860 41.239
202312 40.898 129.419 41.643
202403 41.296 131.776 41.296

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


Packaging of America  (STU:PKA) 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.

Packaging of America's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=162.55/31.33
=5.19

* 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 Packaging of America was 9.67. The lowest was 3.98. And the median was 6.35.


Be Aware

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


Packaging of America Cyclically Adjusted Book per Share Related Terms

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


Packaging of America (STU:PKA) Business Description

Traded in Other Exchanges
Address
1 North Field Court, Lake Forest, IL, USA, 60045
Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.

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