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Constellium SE (LTS:0QSG) Cyclically Adjusted PB Ratio : (As of Jun. 09, 2024)


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What is Constellium SE Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Constellium SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Constellium SE'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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Constellium SE Cyclically Adjusted PB Ratio Chart

Constellium SE Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Constellium SE Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Constellium SE's Cyclically Adjusted PB Ratio

For the Aluminum subindustry, Constellium SE'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.


Constellium SE's Cyclically Adjusted PB Ratio Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Constellium SE's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Constellium SE 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.

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

For example, Constellium SE'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)
=6.062/119.4700*119.4700
=6.062

Current CPI (Mar. 2024) = 119.4700.

Constellium SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.524 100.180 0.625
201409 0.372 99.920 0.445
201412 -0.410 99.860 -0.491
201503 -0.905 100.170 -1.079
201506 -0.896 100.440 -1.066
201509 -1.498 99.950 -1.791
201512 -5.224 100.040 -6.239
201603 -5.613 100.020 -6.705
201606 -5.885 100.630 -6.987
201609 -5.730 100.340 -6.822
201612 -5.484 100.650 -6.509
201703 -5.266 101.170 -6.219
201706 -4.970 101.320 -5.860
201709 -4.672 101.330 -5.508
201712 -2.431 101.850 -2.852
201803 -2.424 102.750 -2.818
201806 -2.079 103.370 -2.403
201809 -0.368 103.560 -0.425
201812 -0.897 103.470 -1.036
201903 -0.862 103.890 -0.991
201906 -0.899 104.580 -1.027
201909 -1.165 104.500 -1.332
201912 -0.696 104.980 -0.792
202003 -0.972 104.590 -1.110
202006 -1.349 104.790 -1.538
202009 -1.236 104.550 -1.412
202012 -0.822 104.960 -0.936
202103 -0.064 105.750 -0.072
202106 0.903 106.340 1.014
202109 1.666 106.810 1.863
202112 1.934 107.850 2.142
202203 3.727 110.490 4.030
202206 4.033 112.550 4.281
202209 5.336 112.740 5.655
202212 5.066 114.160 5.302
202303 5.156 116.790 5.274
202306 5.347 117.650 5.430
202309 6.055 118.260 6.117
202312 5.742 118.390 5.794
202403 6.062 119.470 6.062

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.


Constellium SE  (LTS:0QSG) 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.


Constellium SE Cyclically Adjusted PB Ratio Related Terms

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Constellium SE (LTS:0QSG) Business Description

Traded in Other Exchanges
Address
40-44 rue Washington, Washington Plaza, Paris, FRA, 75008
Constellium SE is engaged in the design and manufacture of rolled and extruded aluminium products, serving the packaging, aerospace, automotive, defense and other transportation and industry end-markets. The business is organized into three operating segments: i) Packaging and Automotive Rolled Products segment includes the production of rolled aluminium products in European and North American facilities. ii) Aerospace and Transportation segment includes the production of rolled aluminium products and very limited volumes of extruded products in European and North American facilities. iii) Automotive Structures and Industry segment includes the production of extruded aluminium products and aluminium structural components.

Constellium SE (LTS:0QSG) Headlines

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