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Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Cyclically Adjusted PB Ratio : 0.83 (As of May. 23, 2024)


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What is Chemtrade Logisticsome Fund Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Chemtrade Logisticsome Fund's current share price is $6.65. Chemtrade Logisticsome Fund's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $7.99. Chemtrade Logisticsome Fund's Cyclically Adjusted PB Ratio for today is 0.83.

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

CGIFF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.37   Med: 1.15   Max: 2.7
Current: 0.85

During the past years, Chemtrade Logisticsome Fund's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.37. And the median was 1.15.

CGIFF's Cyclically Adjusted PB Ratio is ranked better than
76.23% of 1094 companies
in the Chemicals industry
Industry Median: 1.665 vs CGIFF: 0.85

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.

Chemtrade Logisticsome Fund's adjusted book value per share data for the three months ended in Mar. 2024 was $4.675. 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 $7.99 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chemtrade Logisticsome Fund Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chemtrade Logisticsome Fund'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.

Chemtrade Logisticsome Fund Cyclically Adjusted PB Ratio Chart

Chemtrade Logisticsome Fund 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 1.04 0.55 0.69 0.82 0.79

Chemtrade Logisticsome Fund 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 0.72 0.75 0.74 0.79 0.79

Competitive Comparison of Chemtrade Logisticsome Fund's Cyclically Adjusted PB Ratio

For the Chemicals subindustry, Chemtrade Logisticsome Fund'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.


Chemtrade Logisticsome Fund's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Chemtrade Logisticsome Fund 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.

Chemtrade Logisticsome Fund's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.65/7.99
=0.83

* 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.

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

For example, Chemtrade Logisticsome Fund'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)
=4.675/126.2576*126.2576
=4.675

Current CPI (Mar. 2024) = 126.2576.

Chemtrade Logisticsome Fund Quarterly Data

Book Value per Share CPI Adj_Book
201406 9.477 99.473 12.029
201409 10.390 99.394 13.198
201412 10.515 98.367 13.496
201503 10.159 99.789 12.854
201506 10.308 100.500 12.950
201509 10.270 100.421 12.912
201512 9.299 99.947 11.747
201603 9.039 101.054 11.293
201606 8.764 102.002 10.848
201609 8.636 101.765 10.715
201612 8.335 101.449 10.373
201703 9.340 102.634 11.490
201706 9.287 103.029 11.381
201709 9.809 103.345 11.984
201712 9.715 103.345 11.869
201803 9.615 105.004 11.561
201806 8.934 105.557 10.686
201809 8.745 105.636 10.452
201812 8.172 105.399 9.789
201903 7.657 106.979 9.037
201906 6.846 107.690 8.026
201909 6.540 107.611 7.673
201912 6.229 107.769 7.298
202003 6.140 107.927 7.183
202006 5.653 108.401 6.584
202009 5.496 108.164 6.415
202012 5.076 108.559 5.904
202103 4.670 110.298 5.346
202106 4.508 111.720 5.095
202109 4.181 112.905 4.675
202112 2.847 113.774 3.159
202203 3.042 117.646 3.265
202206 3.263 120.806 3.410
202209 3.964 120.648 4.148
202212 3.607 120.964 3.765
202303 3.876 122.702 3.988
202306 4.306 124.203 4.377
202309 4.617 125.230 4.655
202312 4.503 125.072 4.546
202403 4.675 126.258 4.675

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.


Chemtrade Logisticsome Fund  (OTCPK:CGIFF) 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.


Chemtrade Logisticsome Fund Cyclically Adjusted PB Ratio Related Terms

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Chemtrade Logisticsome Fund (Chemtrade Logisticsome Fund) Business Description

Traded in Other Exchanges
Address
155 Gordon Baker Road, Suite 300, Toronto, ON, CAN, M2H 3N5
Chemtrade Logistics Income Fund provides industrial chemicals and services to customers in North America and around the world. The company is organized into four main operating segments: Sulphur Products & Performance Chemicals (SPPC), Water Solutions & Specialty Chemicals (WSSC), Electrochemicals, and Corporate. SPPC markets, remove, and produces merchant, regenerated, and ultra-pure sulphuric acid, liquid sulphur dioxide, sodium hydrosulfite and provides other processing services. WSSC manufactures and markets inorganic coagulants used in water treatment, which includes aluminium sulphate, aluminium chlorodryhate, polyaluminium chloride, sodium nitrate, potassium chloride, and other specialty chemicals. Its geographical segments are Canada, the United States, and South America.