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Constellium SE (Constellium SE) Cyclically Adjusted PB Ratio : (As of Jun. 10, 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)
=6.589/119.4700*119.4700
=6.589

Current CPI (Mar. 2024) = 119.4700.

Constellium SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.712 100.180 0.849
201409 0.479 99.920 0.573
201412 -0.505 99.860 -0.604
201503 -0.980 100.170 -1.169
201506 -1.006 100.440 -1.197
201509 -1.681 99.950 -2.009
201512 -5.691 100.040 -6.796
201603 -6.250 100.020 -7.465
201606 -6.612 100.630 -7.850
201609 -6.435 100.340 -7.662
201612 -5.785 100.650 -6.867
201703 -5.632 101.170 -6.651
201706 -5.584 101.320 -6.584
201709 -5.569 101.330 -6.566
201712 -2.877 101.850 -3.375
201803 -2.988 102.750 -3.474
201806 -2.429 103.370 -2.807
201809 -0.429 103.560 -0.495
201812 -1.021 103.470 -1.179
201903 -0.975 103.890 -1.121
201906 -1.016 104.580 -1.161
201909 -1.283 104.500 -1.467
201912 -0.774 104.980 -0.881
202003 -1.074 104.590 -1.227
202006 -1.519 104.790 -1.732
202009 -1.456 104.550 -1.664
202012 -1.000 104.960 -1.138
202103 -0.077 105.750 -0.087
202106 1.089 106.340 1.223
202109 1.960 106.810 2.192
202112 2.185 107.850 2.420
202203 4.104 110.490 4.438
202206 4.263 112.550 4.525
202209 5.283 112.740 5.598
202212 5.366 114.160 5.616
202303 5.520 116.790 5.647
202306 5.793 117.650 5.883
202309 6.462 118.260 6.528
202312 6.261 118.390 6.318
202403 6.589 119.470 6.589

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  (NYSE:CSTM) 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 (Constellium SE) 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.