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Ryerson Holding (FRA:7RY) Cyclically Adjusted PB Ratio : 3.44 (As of Jun. 06, 2024)


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What is Ryerson Holding Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Ryerson Holding's current share price is €20.20. Ryerson Holding's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.88. Ryerson Holding's Cyclically Adjusted PB Ratio for today is 3.44.

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

FRA:7RY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.37   Med: 10.74   Max: 39.06
Current: 3.37

During the past years, Ryerson Holding's highest Cyclically Adjusted PB Ratio was 39.06. The lowest was 3.37. And the median was 10.74.

FRA:7RY's Cyclically Adjusted PB Ratio is ranked worse than
72.26% of 2163 companies
in the Industrial Products industry
Industry Median: 1.89 vs FRA:7RY: 3.37

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.

Ryerson Holding's adjusted book value per share data for the three months ended in Mar. 2024 was €23.809. 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 €5.88 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ryerson Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ryerson Holding'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.

Ryerson Holding Cyclically Adjusted PB Ratio Chart

Ryerson Holding 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 - - - 12.92 6.17

Ryerson Holding 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 11.00 11.17 5.99 6.17 5.14

Competitive Comparison of Ryerson Holding's Cyclically Adjusted PB Ratio

For the Metal Fabrication subindustry, Ryerson Holding'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.


Ryerson Holding's Cyclically Adjusted PB Ratio Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ryerson Holding's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ryerson Holding 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.

Ryerson Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.20/5.88
=3.44

* 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.

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

For example, Ryerson Holding'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)
=23.809/131.7762*131.7762
=23.809

Current CPI (Mar. 2024) = 131.7762.

Ryerson Holding Quarterly Data

Book Value per Share CPI Adj_Book
201406 -2.559 100.560 -3.353
201409 -0.996 100.428 -1.307
201412 -3.192 99.070 -4.246
201503 -3.960 99.621 -5.238
201506 -3.251 100.684 -4.255
201509 -3.356 100.392 -4.405
201512 -4.050 99.792 -5.348
201603 -3.343 100.470 -4.385
201606 -3.133 101.688 -4.060
201609 -0.823 101.861 -1.065
201612 -1.297 101.863 -1.678
201703 -0.874 102.862 -1.120
201706 -0.594 103.349 -0.757
201709 -0.379 104.136 -0.480
201712 -0.227 104.011 -0.288
201803 0.052 105.290 0.065
201806 0.429 106.317 0.532
201809 2.277 106.507 2.817
201812 1.718 105.998 2.136
201903 2.597 107.251 3.191
201906 2.933 108.070 3.576
201909 3.249 108.329 3.952
201912 4.111 108.420 4.997
202003 4.297 108.902 5.200
202006 3.679 108.767 4.457
202009 2.800 109.815 3.360
202012 2.993 109.897 3.589
202103 3.707 111.754 4.371
202106 6.181 114.631 7.105
202109 9.313 115.734 10.604
202112 12.383 117.630 13.872
202203 16.388 121.301 17.803
202206 21.521 125.017 22.685
202209 24.144 125.227 25.407
202212 22.589 125.222 23.771
202303 22.795 127.348 23.588
202306 23.037 128.729 23.582
202309 24.147 129.860 24.503
202312 24.406 129.419 24.850
202403 23.809 131.776 23.809

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.


Ryerson Holding  (FRA:7RY) 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.


Ryerson Holding Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Ryerson Holding's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Ryerson Holding (FRA:7RY) Business Description

Traded in Other Exchanges
Address
227 West Monroe Street, 27th Floor, Chicago, IL, USA, 60606
Ryerson Holding Corp provides a metals service center, and value-added processor and is a distributor of industrial metals with operations in the United States, Canada and Mexico. In addition to its North American operations, it conducts processing and distribution operations in China. Its customers range from local, independently owned fabricators and machine shops to large, international original equipment manufacturers. It carries a full line of products in stainless steel, aluminium, carbon steel, and alloy steels and a limited line of nickel and red metals in various shapes and forms. The company generates substantially all of its revenue from sales of metal products. Geographically, the majority is from the United States.

Ryerson Holding (FRA:7RY) Headlines

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