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Bri-Chem (TSX:BRY) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Bri-Chem Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bri-Chem Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bri-Chem'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.

Bri-Chem Cyclically Adjusted PB Ratio Chart

Bri-Chem 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 0.05 0.04 0.09 0.43 0.25

Bri-Chem 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 0.37 0.28 0.31 0.25 -

Competitive Comparison of Bri-Chem's Cyclically Adjusted PB Ratio

For the Oil & Gas Equipment & Services subindustry, Bri-Chem'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.


Bri-Chem's Cyclically Adjusted PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Bri-Chem's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bri-Chem 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.

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

For example, Bri-Chem'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)
=0.822/126.2576*126.2576
=0.822

Current CPI (Mar. 2024) = 126.2576.

Bri-Chem Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.097 99.473 2.662
201409 2.179 99.394 2.768
201412 1.976 98.367 2.536
201503 1.873 99.789 2.370
201506 1.831 100.500 2.300
201509 1.862 100.421 2.341
201512 1.491 99.947 1.883
201603 1.401 101.054 1.750
201606 1.337 102.002 1.655
201609 1.307 101.765 1.622
201612 1.196 101.449 1.488
201703 1.227 102.634 1.509
201706 1.197 103.029 1.467
201709 1.214 103.345 1.483
201712 1.202 103.345 1.468
201803 1.210 105.004 1.455
201806 1.061 105.557 1.269
201809 1.058 105.636 1.265
201812 0.842 105.399 1.009
201903 0.851 106.979 1.004
201906 0.808 107.690 0.947
201909 0.807 107.611 0.947
201912 0.669 107.769 0.784
202003 0.694 107.927 0.812
202006 0.619 108.401 0.721
202009 0.533 108.164 0.622
202012 0.441 108.559 0.513
202103 0.440 110.298 0.504
202106 0.428 111.720 0.484
202109 0.459 112.905 0.513
202112 0.490 113.774 0.544
202203 0.800 117.646 0.859
202206 0.847 120.806 0.885
202209 0.858 120.648 0.898
202212 0.848 120.964 0.885
202303 0.855 122.702 0.880
202306 0.852 124.203 0.866
202309 0.862 125.230 0.869
202312 0.853 125.072 0.861
202403 0.822 126.258 0.822

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.


Bri-Chem  (TSX:BRY) 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.


Bri-Chem Cyclically Adjusted PB Ratio Related Terms

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


Bri-Chem (TSX:BRY) Business Description

Industry
Traded in Other Exchanges
Address
27075 Acheson Road, Acheson, AB, CAN, T7X 6B1
Bri-Chem Corp supplies drilling fluids for the oil and gas industries. The company provides drilling fluid products, cementing, acidizing and stimulation additives from multiple strategically located warehouses throughout Canada and the United States. Its segments are Fluids Distribution Canada, Fluids Distribution USA, Fluids Blending and Packaging Canada, Fluids Blending and Packaging USA, and Other. The Other segment represents insignificant segments and all remaining costs not directly attributable to an operating segment, such as corporate overhead. A majority of its revenue is derived from the distribution of fluids in the United States of America.

Bri-Chem (TSX:BRY) Headlines

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