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MeadWestvaco (FRA:MVA) Cyclically Adjusted PB Ratio : (As of May. 19, 2024)


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What is MeadWestvaco Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


MeadWestvaco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for MeadWestvaco'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.

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MeadWestvaco Cyclically Adjusted PB Ratio Chart

MeadWestvaco Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Cyclically Adjusted PB Ratio
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MeadWestvaco Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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Competitive Comparison of MeadWestvaco's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, MeadWestvaco'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.


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

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

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



MeadWestvaco 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.

MeadWestvaco's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2015 is calculated as:

For example, MeadWestvaco's adjusted Book Value per Share data for the three months ended in Mar. 2015 was:

Adj_Book=Book Value per Share/CPI of Mar. 2015 (Change)*Current CPI (Mar. 2015)
=17.235/99.6211*99.6211
=17.235

Current CPI (Mar. 2015) = 99.6211.

MeadWestvaco Quarterly Data

Book Value per Share CPI Adj_Book
200506 15.658 82.062 19.008
200509 15.700 83.876 18.647
200512 16.184 83.032 19.417
200603 16.150 84.298 19.086
200606 15.143 85.606 17.622
200609 15.314 85.606 17.821
200612 14.686 85.142 17.184
200703 14.474 86.640 16.643
200706 14.368 87.906 16.283
200709 14.692 87.964 16.639
200712 14.654 88.616 16.474
200803 13.813 90.090 15.274
200806 14.234 92.320 15.360
200809 14.665 92.307 15.827
200812 12.854 88.697 14.437
200903 12.509 89.744 13.886
200906 12.756 91.003 13.964
200909 13.284 91.120 14.523
200912 13.643 91.111 14.917
201003 14.350 91.821 15.569
201006 15.018 91.962 16.269
201009 14.629 92.162 15.813
201012 14.758 92.474 15.899
201103 14.280 94.283 15.088
201106 14.200 95.235 14.854
201109 14.507 95.727 15.097
201112 14.153 95.213 14.808
201203 14.151 96.783 14.566
201206 14.539 96.819 14.960
201209 14.690 97.633 14.989
201212 14.507 96.871 14.919
201303 14.634 98.209 14.844
201306 14.141 98.518 14.299
201309 14.478 98.790 14.600
201312 16.505 98.326 16.722
201403 15.084 99.695 15.073
201406 15.444 100.560 15.300
201409 16.253 100.428 16.122
201412 15.784 99.070 15.872
201503 17.235 99.621 17.235

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.


MeadWestvaco  (FRA:MVA) 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.


MeadWestvaco Cyclically Adjusted PB Ratio Related Terms

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MeadWestvaco (FRA:MVA) Business Description

Traded in Other Exchanges
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MeadWestvaco Corp is a Delaware corporation formed in 2001 following the merger of Westvaco Corporation and The Mead Corporation. It is a packaging company that provides packaging solutions to many of the world's brands in the healthcare, personal and beauty care, food, beverage, tobacco, media and entertainment, and home and garden industries. The business segments are Food & Beverage, Home, Health & Beauty, Industrial, Specialty Chemicals, and Community Development and Land Management. The Food & Beverage segment produces packaging materials, and designs and produces packaging solutions for the global food, food service, beverage, dairy and tobacco end markets, as well as paperboard for commercial printing. For the global food market, the segment develops and produces materials and solutions that are used to package frozen food, dry goods, ready-to-eat meals, hot and cold drinks, and various shelf-stable dairy products. For the global beverage market, the segment has a fully integrated business model, including high-performance paperboard, carton design and converting operations, as well as beverage packaging machinery. The Home, Health & Beauty segment designs and produces packaging solutions for the global personal care, fragrance, home care, lawn and garden, prescription drug and healthcare end markets. For the global beauty and personal care market, the segment produces pumps for fragrances, lotions, creams and soaps, flip-top and applicator closures for bath and body products and lotions, and paperboard and plastic packaging for hair and skin care products. For the global home and garden market, the segment produces trigger sprayers for surface cleaners and fabric care, aerosol actuators for air fresheners, hose-end sprayers for lawn and garden maintenance, and spouted and applicator closures for a variety of other home and garden products. The Industrial segment designs and produces corrugated packaging solutions, for produce, meat, consumer products and bulk goods. In Brazil, where the business is based, the integrated business includes forestlands, paperboard mills and corrugated box plants. This segment also includes operations in India, which develop corrugated packaging materials as well as corrugated packaging solutions for Indian fresh produce. In Brazil, the segment manufactures high-quality virgin kraftliner and recycled material medium paperboards, and converts the board to corrugated packaging at four box plants across the country. The Specialty Chemicals segment manufactures, markets and distributes specialty chemicals derived from sawdust and other byproducts of the papermaking process in North America, Europe, South America and Asia. Products include performance chemicals derived from pine chemicals used in printing inks, asphalt paving and adhesives as well as in the agricultural, paper and petroleum industries. This segment also produces activated carbon products used in gas vapor emission control systems

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