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Eastman Kodak Co (Eastman Kodak Co) Cyclically Adjusted PB Ratio : 1.07 (As of May. 26, 2024)


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What is Eastman Kodak Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Eastman Kodak Co's current share price is $5.13. Eastman Kodak Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.78. Eastman Kodak Co's Cyclically Adjusted PB Ratio for today is 1.07.

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

KODK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 6.29   Max: 90.86
Current: 1.07

During the past years, Eastman Kodak Co's highest Cyclically Adjusted PB Ratio was 90.86. The lowest was 0.70. And the median was 6.29.

KODK's Cyclically Adjusted PB Ratio is ranked better than
66.21% of 663 companies
in the Business Services industry
Industry Median: 1.59 vs KODK: 1.07

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.

Eastman Kodak Co's adjusted book value per share data for the three months ended in Mar. 2024 was $11.902. 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 $4.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Eastman Kodak Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Eastman Kodak Co'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.

Eastman Kodak Co Cyclically Adjusted PB Ratio Chart

Eastman Kodak Co 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 - - - 1.58 0.80

Eastman Kodak Co 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 1.53 1.33 1.00 0.80 1.04

Competitive Comparison of Eastman Kodak Co's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Eastman Kodak Co'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.


Eastman Kodak Co's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Eastman Kodak Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Eastman Kodak Co 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.

Eastman Kodak Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.13/4.78
=1.07

* 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.

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

For example, Eastman Kodak Co'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)
=11.902/131.7762*131.7762
=11.902

Current CPI (Mar. 2024) = 131.7762.

Eastman Kodak Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.590 100.560 16.498
201409 12.076 100.428 15.846
201412 6.611 99.070 8.794
201503 5.298 99.621 7.008
201506 4.773 100.684 6.247
201509 3.717 100.392 4.879
201512 1.854 99.792 2.448
201603 -1.805 100.470 -2.367
201606 -1.588 101.688 -2.058
201609 -1.182 101.861 -1.529
201612 -1.722 101.863 -2.228
201703 -1.368 102.862 -1.753
201706 -1.388 103.349 -1.770
201709 -2.746 104.136 -3.475
201712 1.338 104.011 1.695
201803 0.751 105.290 0.940
201806 0.281 106.317 0.348
201809 0.422 106.507 0.522
201812 -0.070 105.998 -0.087
201903 -0.372 107.251 -0.457
201906 4.256 108.070 5.190
201909 3.968 108.329 4.827
201912 2.292 108.420 2.786
202003 -0.572 108.902 -0.692
202006 -0.686 108.767 -0.831
202009 1.139 109.815 1.367
202012 0.997 109.897 1.195
202103 1.325 111.754 1.562
202106 1.656 114.631 1.904
202109 1.832 115.734 2.086
202112 9.924 117.630 11.118
202203 9.911 121.301 10.767
202206 11.405 125.017 12.022
202209 11.391 125.227 11.987
202212 13.161 125.222 13.850
202303 13.468 127.348 13.936
202306 12.179 128.729 12.467
202309 12.063 129.860 12.241
202312 11.696 129.419 11.909
202403 11.902 131.776 11.902

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.


Eastman Kodak Co  (NYSE:KODK) 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.


Eastman Kodak Co Cyclically Adjusted PB Ratio Related Terms

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


Eastman Kodak Co (Eastman Kodak Co) Business Description

Traded in Other Exchanges
Address
343 State Street, Rochester, NY, USA, 14650
Eastman Kodak Co is a United States-based company. The company operates via several business segments: Traditional Printing, Digital Printing, Brand and Advanced Materials and Chemicals. The Traditional Printing segment which derives the majority of revenue offers digital and traditional products and services to various businesses, such as commercial print and book publishing, and this segment contributes over half of the total revenue. The company has a global business presence, with overseas markets accounting for a majority of revenue.
Executives
Philippe D Katz director 160 BROADWAY, NEW YORK NY 10038
David Bovenzi director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Michael Sileck director C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Randy Vandagriff officer: Vice President EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Kennedy Lewis Investment Management Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Lp director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Capital Partners Master Fund Iii Lp director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kennedy Lewis Gp Iii Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120
Kathleen B. Lynch director C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Richard T Michaels officer: CAO and Corp. Controller C/O EASTMAN KODAK COMPANY, 343 STATE STREET, ROCHESTER NY 14650
Darren Richman director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
David Chene director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Management Lp director 225 LIBERTY STREET, SUITE 4210, NEW YORK NY 10281
Klm Gp Llc director 80 BROAD STREET, 22ND FLOOR, NEW YORK NY 10004
Kennedy Lewis Investment Holdings Llc director 111 WEST 33RD STREET, SUITE 1910, NEW YORK NY 10120