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Koppers Holdings (Koppers Holdings) Cyclically Adjusted PB Ratio : 3.97 (As of May. 24, 2024)


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What is Koppers Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Koppers Holdings's current share price is $43.07. Koppers Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $10.84. Koppers Holdings's Cyclically Adjusted PB Ratio for today is 3.97.

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

KOP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.68   Med: 5.84   Max: 372
Current: 3.99

During the past years, Koppers Holdings's highest Cyclically Adjusted PB Ratio was 372.00. The lowest was 1.68. And the median was 5.84.

KOP's Cyclically Adjusted PB Ratio is ranked worse than
81.06% of 1098 companies
in the Chemicals industry
Industry Median: 1.665 vs KOP: 3.99

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.

Koppers Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $23.872. 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 $10.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koppers Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koppers Holdings'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.

Koppers Holdings Cyclically Adjusted PB Ratio Chart

Koppers Holdings 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 7.77 5.51 4.29 3.19 4.96

Koppers Holdings 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 3.78 3.53 3.94 4.96 5.09

Competitive Comparison of Koppers Holdings's Cyclically Adjusted PB Ratio

For the Specialty Chemicals subindustry, Koppers Holdings'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.


Koppers Holdings's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

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

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



Koppers Holdings 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.

Koppers Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=43.07/10.84
=3.97

* 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.

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

For example, Koppers Holdings'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)
=23.872/131.7762*131.7762
=23.872

Current CPI (Mar. 2024) = 131.7762.

Koppers Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.339 100.560 10.928
201409 7.251 100.428 9.514
201412 3.415 99.070 4.542
201503 2.766 99.621 3.659
201506 3.425 100.684 4.483
201509 3.308 100.392 4.342
201512 -0.900 99.792 -1.188
201603 -0.480 100.470 -0.630
201606 0.165 101.688 0.214
201609 0.982 101.861 1.270
201612 1.471 101.863 1.903
201703 2.173 102.862 2.784
201706 3.321 103.349 4.234
201709 5.220 104.136 6.606
201712 4.808 104.011 6.091
201803 5.053 105.290 6.324
201806 4.269 106.317 5.291
201809 3.355 106.507 4.151
201812 2.735 105.998 3.400
201903 3.778 107.251 4.642
201906 4.429 108.070 5.401
201909 4.851 108.329 5.901
201912 7.080 108.420 8.605
202003 4.723 108.902 5.715
202006 8.358 108.767 10.126
202009 13.358 109.815 16.029
202012 16.195 109.897 19.419
202103 17.735 111.754 20.912
202106 19.298 114.631 22.184
202109 18.605 115.734 21.184
202112 19.274 117.630 21.592
202203 19.813 121.301 21.524
202206 17.959 125.017 18.930
202209 17.638 125.227 18.561
202212 19.236 125.222 20.243
202303 20.679 127.348 21.398
202306 21.684 128.729 22.197
202309 22.667 129.860 23.002
202312 23.916 129.419 24.352
202403 23.872 131.776 23.872

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.


Koppers Holdings  (NYSE:KOP) 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.


Koppers Holdings Cyclically Adjusted PB Ratio Related Terms

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


Koppers Holdings (Koppers Holdings) Business Description

Traded in Other Exchanges
Address
436 Seventh Avenue, Pittsburgh, PA, USA, 15219
Koppers Holdings, through its subsidiaries, manufactures and sells wood products, wood treatment chemicals, and carbon compounds used in markets such as railroad, aluminum and steel, agriculture, utilities, and residential lumber. The company is organized into three business segments: railroad and utility products and services, performance chemicals, and carbon materials and chemicals. Its product portfolio includes treated and untreated wood products like crossties used in railroads, wood preservation chemicals, and carbon compounds such as creosote used in the treatment of wood crossties, among others. Most revenue comes from the company's railroad and utility products and services segment, and more than half of the company's revenue is earned in the United States.
Executives
M Leroy Ball officer: VP and Chief Financial Officer 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Bradley A Pearce officer: Chief Accounting Officer 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Joseph P Dowd officer: VP North American CM&C 436 SEVENTH AVENUE, SUITE 1550, PITTSBURGH PA 15219
James A. Sullivan officer: SVP Global CM&C 400 CALGON CARBON DRIVE, PITTSBURGH PA 15205
Leslie S Hyde officer: VP Sfty Env.Aff.Koppers Inc. C/O KOPPERS INC, 436 SEVENTH AVENUE, SUITE 1550, PITTSBURG PA 15219
Daniel J Skrovanek officer: VP, Growth & Innovation 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Traci L Jensen director 1200 WILLOW LAKE BOULEVARD, P.O. BOX 64683, ST. PAUL MN 55164-0683
Andrew D Sandifer director FMC CORPORATION, 2929 WALNUT STREET, PHILADELPHIA PA 19104
Kevin Washington officer: VP, External Affairs 436 SEVENTH AVENUE, PITTSBURGH PA 15219
Xudong Feng director 436 SEVENTH AVENUE, SUITE 1550, PITTSBURGH PA 15219
Albert J Neupaver director
Stephen R Tritch director 4171 ESSEN LANE, BATON ROUGE LA 70809
David L Motley director 517 AVONWORTH HEIGHTS DRIVE, PITTSBURGH PA 151237
Sonja Michelle Wilkerson director
Louis L Testoni director 436 SEVENTH AVENUE, SUITE 1550, PITTSBURGH PA 15219