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Amcor (AMCRY) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Amcor Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Amcor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Amcor'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.

Amcor Cyclically Adjusted PB Ratio Chart

Amcor 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 - - - - 2.96

Amcor Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.40 2.96 2.72 2.88 2.84

Competitive Comparison of Amcor's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Amcor'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.


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

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

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



Amcor 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.

Amcor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Amcor'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)
=13.635/130.0000*130.0000
=13.635

Current CPI (Mar. 2024) = 130.0000.

Amcor Quarterly Data

Book Value per Share CPI Adj_Book
200106 6.644 75.000 11.516
200206 10.537 75.800 18.071
200306 12.355 76.700 20.941
200406 12.880 77.900 21.494
200506 13.031 79.400 21.335
200606 10.279 81.500 16.396
200706 11.874 83.500 18.486
200806 11.840 86.600 17.774
200906 10.106 88.100 14.912
201006 11.320 90.200 16.315
201106 12.846 93.500 17.861
201206 11.188 95.600 15.214
201306 10.923 98.000 14.490
201406 6.735 99.800 8.773
201506 4.972 100.100 6.457
201606 2.728 101.000 3.511
201706 2.838 103.500 3.565
201806 3.510 105.900 4.309
201812 3.426 107.100 4.159
201903 0.000 107.000 0.000
201906 19.391 107.900 23.363
201909 18.752 108.400 22.489
201912 18.460 108.500 22.118
202003 16.385 108.600 19.614
202006 15.992 108.800 19.108
202009 16.203 109.200 19.289
202012 16.566 109.400 19.685
202103 16.065 109.700 19.038
202106 16.469 111.400 19.219
202109 16.075 112.400 18.592
202112 15.425 114.700 17.483
202203 15.615 116.500 17.424
202206 14.112 120.500 15.225
202209 13.545 122.300 14.398
202212 15.049 125.300 15.613
202303 14.686 126.800 15.057
202306 13.918 129.400 13.983
202309 13.476 130.100 13.466
202312 13.704 130.000 13.704
202403 13.635 130.000 13.635

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.


Amcor  (OTCPK:AMCRY) 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.


Amcor Cyclically Adjusted PB Ratio Related Terms

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Amcor (AMCRY) Business Description

Address
83 Tower Road North, Warmley, Bristol, GBR, BS30 8XP
Amcor is a global manufacturer of flexible and rigid plastic packaging and provides packaging solutions to the food, beverage, pharmaceuticals, medical, household, personal care, and industrials sectors. Operations span more than 40 countries and over 200 locations. Around half of group sales are derived from North America, one quarter from Europe, and the remainder from emerging markets. Amcor operates two distinct businesses: flexibles and rigids. Flexibles accounts for about 80% of earnings and produces plastic, aluminium, and fibre-based packaging. Rigids accounts for about 20% of earnings and consists primarily of hot-fill and cold-fill polyethylene terephthalate bottling solutions in the North American and Latin American markets.

Amcor (AMCRY) Headlines