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Glatfelter (Glatfelter) Cyclically Adjusted Book per Share : $15.56 (As of Dec. 2023)


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What is Glatfelter Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Glatfelter's adjusted book value per share for the three months ended in Dec. 2023 was $5.697. 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 $15.56 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Glatfelter's average Cyclically Adjusted Book Growth Rate was -4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 0.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 1.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Glatfelter was 5.20% per year. The lowest was -2.30% per year. And the median was 1.90% per year.

As of today (2024-04-27), Glatfelter's current stock price is $1.49. Glatfelter's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $15.56. Glatfelter's Cyclically Adjusted PB Ratio of today is 0.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Glatfelter was 2.68. The lowest was 0.09. And the median was 1.21.


Glatfelter Cyclically Adjusted Book per Share Historical Data

The historical data trend for Glatfelter's Cyclically Adjusted Book per Share 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.

Glatfelter Cyclically Adjusted Book per Share Chart

Glatfelter Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.02 15.15 15.97 16.21 15.56

Glatfelter Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 16.21 16.25 16.16 15.99 15.56

Competitive Comparison of Glatfelter's Cyclically Adjusted Book per Share

For the Paper & Paper Products subindustry, Glatfelter'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.


Glatfelter's Cyclically Adjusted PB Ratio Distribution in the Forest Products Industry

For the Forest Products industry and Basic Materials sector, Glatfelter's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Glatfelter Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Glatfelter's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.697/129.4194*129.4194
=5.697

Current CPI (Dec. 2023) = 129.4194.

Glatfelter Quarterly Data

Book Value per Share CPI Adj_Book
201403 16.130 99.695 20.939
201406 16.142 100.560 20.775
201409 16.026 100.428 20.652
201412 15.076 99.070 19.694
201503 14.423 99.621 18.737
201506 14.736 100.684 18.942
201509 14.885 100.392 19.189
201512 15.275 99.792 19.810
201603 15.867 100.470 20.439
201606 15.528 101.688 19.763
201609 15.883 101.861 20.180
201612 15.013 101.863 19.074
201703 15.354 102.862 19.318
201706 15.718 103.349 19.683
201709 16.303 104.136 20.261
201712 16.255 104.011 20.226
201803 16.569 105.290 20.366
201806 15.691 106.317 19.101
201809 13.863 106.507 16.845
201812 12.259 105.998 14.968
201903 12.180 107.251 14.698
201906 12.296 108.070 14.725
201909 12.197 108.329 14.572
201912 12.564 108.420 14.997
202003 12.253 108.902 14.562
202006 12.194 108.767 14.509
202009 12.586 109.815 14.833
202012 13.026 109.897 15.340
202103 12.847 111.754 14.878
202106 12.830 114.631 14.485
202109 12.651 115.734 14.147
202112 12.183 117.630 13.404
202203 9.319 121.301 9.943
202206 8.708 125.017 9.015
202209 7.137 125.227 7.376
202212 7.099 125.222 7.337
202303 6.957 127.348 7.070
202306 6.190 128.729 6.223
202309 5.627 129.860 5.608
202312 5.697 129.419 5.697

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Glatfelter  (NYSE:GLT) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Glatfelter's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1.49/15.56
=0.10

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Glatfelter was 2.68. The lowest was 0.09. And the median was 1.21.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Glatfelter Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Glatfelter's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Glatfelter (Glatfelter) Business Description

Industry
Traded in Other Exchanges
Address
4350 Congress Street, Suite 600, Charlotte, NC, USA, 28209
Glatfelter Corporation manufactures and sells a variety of paper and fiber products. The company operates through two segments: Composite Fibers and Airlaid Materials. The Composite Fibers segment produces materials used in coffee and tea filtration, wallcovering, consumer product, and fiber-based applications for commercial and industrial use. The Airlaid Materials segment produces materials used in feminine hygiene, specialty wipes, tabletop, home care, and other consumables. The majority of the company's manufacturing facilities are located in North America and Europe, and it has sales and distribution offices in Russia, Italy, China, and the United States. Products are sold worldwide, with most of its revenue coming from Europe, the United States, and Canada.
Executives
Carlson Capital L P 10 percent owner 2100 MCKINNEY AVE, STE 1900, DALLAS TX 75201
Black Diamond Offshore Ltd. 10 percent owner CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, GRAND CAYMAN E9 KY1-1205
Boris Illetschko officer: SVP, Chief Operating Officer GRAFENAUWEG, 8, ZUG V8 6300
Kevin Michael Fogarty director 30 GRAND GARDEN COURT, THE WOODLANDS TX 77381
David C Elder officer: Corp Controller 96 S. GEORGE STREET, SUITE 400, YORK PA 17401
Wolfgang Laures officer: SVP, Global Supply Chain 96 S. GEORGE ST., SUITE 520, YORK PA 17401
Delaware Domiciled Single Investor Limited Partnership - 101 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Black Diamond Arbitrage Offshore Ltd. 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Asgard Investment Corp. Ii 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Double Black Diamond Offshore Ltd 10 percent owner CITCO FUND SERVICES, 89 NEXUS WAY, P.O. BOX 31106, CAMANA BAY E9 KY-1205
Clint Duane Carlson 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1800, DALLAS TX 75201
Darrel H. Hackett director 4350 CONGRESS STREET, SUITE 600, CHARLOTTE NC 28209
Thomas Fahnemann director, officer: CEO 5664 YARDARM CT., CAPE CORAL FL 33914
J Robert Hall director GLATFELTER, 96 SOUTH GEORGE ST STE 500, YORK PA 17401
Dante C Parrini officer: Vice President GLATFELTER, 96 SOUTH GEORGE ST, SUITE 520, YORK PA 17401