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Glatfelter (Glatfelter) Cyclically Adjusted PB Ratio : 0.10 (As of Apr. 27, 2024)


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What is Glatfelter Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Glatfelter's current share 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 for today is 0.10.

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

GLT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.09   Med: 1.21   Max: 2.68
Current: 0.1

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

GLT's Cyclically Adjusted PB Ratio is ranked better than
94.86% of 214 companies
in the Forest Products industry
Industry Median: 0.87 vs GLT: 0.10

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glatfelter Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glatfelter'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.

Glatfelter Cyclically Adjusted PB Ratio Chart

Glatfelter 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 1.22 1.08 1.08 0.17 0.12

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 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 0.17 0.20 0.19 0.13 0.12

Competitive Comparison of Glatfelter's Cyclically Adjusted PB Ratio

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 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.

Glatfelter's Cyclically Adjusted PB Ratio for 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.

Glatfelter's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Glatfelter  (NYSE:GLT) 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.


Glatfelter Cyclically Adjusted PB Ratio Related Terms

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


Glatfelter (Glatfelter) Business Description

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

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