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OI (O-I Glass) Cyclically Adjusted Book per Share : $6.06 (As of Mar. 2025)


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What is O-I Glass 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.

O-I Glass's adjusted book value per share for the three months ended in Mar. 2025 was $7.202. 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 $6.06 for the trailing ten years ended in Mar. 2025.

During the past 12 months, O-I Glass's average Cyclically Adjusted Book Growth Rate was -1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.50% 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 O-I Glass was 6.20% per year. The lowest was -10.00% per year. And the median was -1.20% per year.

As of today (2025-07-08), O-I Glass's current stock price is $15.72. O-I Glass's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $6.06. O-I Glass's Cyclically Adjusted PB Ratio of today is 2.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of O-I Glass was 4.17. The lowest was 0.83. And the median was 2.39.


O-I Glass Cyclically Adjusted Book per Share Historical Data

The historical data trend for O-I Glass'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.

O-I Glass Cyclically Adjusted Book per Share Chart

O-I Glass Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.96 5.35 5.62 6.07 5.99

O-I Glass Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 6.13 6.05 5.95 5.99 6.06

Competitive Comparison of O-I Glass's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, O-I Glass'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.


O-I Glass's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

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

* The bar in red indicates where O-I Glass's Cyclically Adjusted PB Ratio falls into.


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O-I Glass 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, O-I Glass's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=7.202/134.9266*134.9266
=7.202

Current CPI (Mar. 2025) = 134.9266.

O-I Glass Quarterly Data

Book Value per Share CPI Adj_Book
201506 6.114 100.684 8.193
201509 4.775 100.392 6.418
201512 1.062 99.792 1.436
201603 1.840 100.470 2.471
201606 2.147 101.688 2.849
201609 2.472 101.861 3.274
201612 1.565 101.863 2.073
201703 3.073 102.862 4.031
201706 4.114 103.349 5.371
201709 5.043 104.136 6.534
201712 4.955 104.011 6.428
201803 6.116 105.290 7.838
201806 4.885 106.317 6.200
201809 5.974 106.507 7.568
201812 5.050 105.998 6.428
201903 5.721 107.251 7.197
201906 6.272 108.070 7.831
201909 2.153 108.329 2.682
201912 2.996 108.420 3.728
202003 -0.109 108.902 -0.135
202006 -0.312 108.767 -0.387
202009 1.063 109.815 1.306
202012 1.887 109.897 2.317
202103 0.988 111.754 1.193
202106 2.537 114.631 2.986
202109 2.946 115.734 3.435
202112 4.605 117.630 5.282
202203 6.120 121.301 6.807
202206 7.340 125.017 7.922
202209 8.631 125.227 9.300
202212 9.160 125.222 9.870
202303 11.393 127.348 12.071
202306 13.040 128.729 13.668
202309 12.836 129.860 13.337
202312 10.431 129.419 10.875
202403 10.833 131.776 11.092
202406 9.674 132.554 9.847
202409 8.717 133.029 8.841
202412 7.003 133.157 7.096
202503 7.202 134.927 7.202

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


O-I Glass  (NYSE:OI) 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.

O-I Glass's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.72/6.06
=2.59

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of O-I Glass was 4.17. The lowest was 0.83. And the median was 2.39.


Be Aware

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


O-I Glass Cyclically Adjusted Book per Share Related Terms

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


O-I Glass Business Description

Traded in Other Exchanges
Address
One Michael Owens Way, Perrysburg, OH, USA, 43551
O-I Glass is the world's largest manufacturer of glass bottles; 70% of its revenue comes from outside the United States. O-I has a leading position in key markets such as Europe, North America, and Brazil. Beer is the primary end market for O-I's glass bottles, which are also used for wine, soda, spirits, condiments, and food. O-I is looking to maintain or expand its dominant positions in Europe, North America, and South America.
Executives
Arnaud Aujouannet officer: SVP & Chief Sales & Marketing ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551
John Haudrich officer: Vice President and Acting CFO ONE MICHAEL OWENS WAY, PLAZA I, PERRYSBURG OH 43551
John Humphrey director ENPRO INDUSTRIES, INC., 5605 CARNEGIE BLVD., SUITE 500, CHARLOTTE NC 28209
Andres Alberto Lopez officer: VP, President of Latin America ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Vitaliano Torno officer: President, O-I Europe O-I EUROPE SARL, EU HQ MEX EN FARAZ 5, VUFFLENS-LA-VILLE V8 1302
Clark David V Ii director C/O O-I GLASS, INC., ONE MICHAEL OWENS WAY, PLAZA 1, PERRYSBURG OH 43551
Darrow A Abrahams officer: SVP, GC & Corporate Secretary ONE MICHAEL OWENS WAY, PERRYSBURG OH 43551
Mary Beth Wilkinson officer: Senior VP, GC & Secretary 2350 GREEN ROAD, SUITE 100, ANN ARBOR MI 48105
Samuel R. Chapin director 940 WINTER STREET, C/O PERKINELMER, WALTHAM MA 02451
Catherine I Slater director C/O WEYERHAEUSER COMPANY, 220 OCCIDENTAL AVENUE SOUTH, SEATTLE WA 98104
Peter S Hellman director ONE BAXTER PARKWAY, DEERFIELD IL 60015
Carol A Dudley-williams director 912 W. SUGNET RD., MIDLAND MI 48640
John H Walker director 233 SOUTH WACKER DRIVE, CHICAGO IL 60606
Timothy Connors officer: President, O-I Asia Pacific 36 BURWOOD ROAD, HAWTHORN, VIC C3 3195
Moyano Giancarlo Currarino officer: SVP, Chief Tech & SC Officer ONE MICHAEL OWENS WAY, PLAZA ONE, PERRYSBURG OH 43551