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Packaging of America (BSP:P1KG34) Cyclically Adjusted PB Ratio : 5.59 (As of Jun. 12, 2024)


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What is Packaging of America Cyclically Adjusted PB Ratio?

As of today (2024-06-12), Packaging of America's current share price is R$368.98. Packaging of America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$66.05. Packaging of America's Cyclically Adjusted PB Ratio for today is 5.59.

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

BSP:P1KG34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.98   Med: 6.35   Max: 9.67
Current: 5.42

During the past years, Packaging of America's highest Cyclically Adjusted PB Ratio was 9.67. The lowest was 3.98. And the median was 6.35.

BSP:P1KG34's Cyclically Adjusted PB Ratio is ranked worse than
92.65% of 313 companies
in the Packaging & Containers industry
Industry Median: 1.23 vs BSP:P1KG34: 5.42

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.

Packaging of America's adjusted book value per share data for the three months ended in Mar. 2024 was R$111.763. 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 R$66.05 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Packaging of America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Packaging of America'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.

Packaging of America Cyclically Adjusted PB Ratio Chart

Packaging of America 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 6.26 6.76 5.58 4.42 4.98

Packaging of America 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 4.61 4.24 4.77 4.98 5.59

Competitive Comparison of Packaging of America's Cyclically Adjusted PB Ratio

For the Packaging & Containers subindustry, Packaging of America'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.


Packaging of America's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Packaging of America's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Packaging of America 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.

Packaging of America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=368.98/66.05
=5.59

* 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.

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

For example, Packaging of America'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)
=111.763/131.7762*131.7762
=111.763

Current CPI (Mar. 2024) = 131.7762.

Packaging of America Quarterly Data

Book Value per Share CPI Adj_Book
201406 16.847 100.560 22.077
201409 18.441 100.428 24.197
201412 20.424 99.070 27.167
201503 24.868 99.621 32.895
201506 25.285 100.684 33.093
201509 32.460 100.392 42.608
201512 32.979 99.792 43.549
201603 31.258 100.470 40.998
201606 30.530 101.688 39.563
201609 29.898 101.861 38.679
201612 31.362 101.863 40.572
201703 30.323 102.862 38.847
201706 33.314 103.349 42.477
201709 33.087 104.136 41.869
201712 38.132 104.011 48.311
201803 39.532 105.290 49.477
201806 47.646 106.317 59.056
201809 55.004 106.507 68.054
201812 54.910 105.998 68.264
201903 56.790 107.251 69.777
201906 59.490 108.070 72.540
201909 66.006 108.329 80.292
201912 66.552 108.420 80.889
202003 81.176 108.902 98.227
202006 85.737 108.767 103.874
202009 91.293 109.815 109.550
202012 88.087 109.897 105.624
202103 98.798 111.754 116.499
202106 91.156 114.631 104.790
202109 100.254 115.734 114.150
202112 109.082 117.630 122.201
202203 100.359 121.301 109.026
202206 106.786 125.017 112.560
202209 112.316 125.227 118.190
202212 107.221 125.222 112.833
202303 108.856 127.348 112.641
202306 103.893 128.729 106.353
202309 107.100 129.860 108.681
202312 109.266 129.419 111.256
202403 111.763 131.776 111.763

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.


Packaging of America  (BSP:P1KG34) 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.


Packaging of America Cyclically Adjusted PB Ratio Related Terms

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


Packaging of America (BSP:P1KG34) Business Description

Traded in Other Exchanges
Address
1 North Field Court, Lake Forest, IL, USA, 60045
Packaging Corp of America is the third-largest containerboard and corrugated packaging manufacturer in the United States. It produces over 4 million tons of containerboard annually. The company's share of the domestic containerboard market is roughly 10%. The firm differentiates itself from larger competitors by focusing on smaller customers and operating with a high degree of flexibility.

Packaging of America (BSP:P1KG34) Headlines

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