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B&G Foods (STU:DHR) Cyclically Adjusted Book per Share : €12.52 (As of Mar. 2024)


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What is B&G Foods 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.

B&G Foods's adjusted book value per share for the three months ended in Mar. 2024 was €9.092. 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 €12.52 for the trailing ten years ended in Mar. 2024.

During the past 12 months, B&G Foods's average Cyclically Adjusted Book Growth Rate was 4.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.40% 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 B&G Foods was 14.00% per year. The lowest was 5.10% per year. And the median was 10.80% per year.

As of today (2024-05-26), B&G Foods's current stock price is €8.588. B&G Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.52. B&G Foods's Cyclically Adjusted PB Ratio of today is 0.69.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of B&G Foods was 8.76. The lowest was 0.58. And the median was 3.38.


B&G Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for B&G Foods'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.

B&G Foods Cyclically Adjusted Book per Share Chart

B&G Foods 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 8.02 8.64 9.97 11.86 12.11

B&G Foods Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.93 12.09 12.55 12.11 12.52

Competitive Comparison of B&G Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, B&G Foods'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.


B&G Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, B&G Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B&G Foods's Cyclically Adjusted PB Ratio falls into.



B&G Foods 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, B&G Foods'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)
=9.092/131.7762*131.7762
=9.092

Current CPI (Mar. 2024) = 131.7762.

B&G Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.151 100.560 6.750
201409 5.108 100.428 6.702
201412 5.108 99.070 6.794
201503 5.831 99.621 7.713
201506 7.161 100.684 9.372
201509 7.172 100.392 9.414
201512 7.247 99.792 9.570
201603 8.872 100.470 11.636
201606 8.842 101.688 11.458
201609 10.799 101.861 13.971
201612 11.216 101.863 14.510
201703 11.125 102.862 14.252
201706 10.542 103.349 13.442
201709 9.985 104.136 12.635
201712 11.193 104.011 14.181
201803 10.627 105.290 13.300
201806 10.737 106.317 13.308
201809 10.822 106.507 13.390
201812 12.053 105.998 14.984
201903 11.888 107.251 14.607
201906 11.755 108.070 14.334
201909 11.958 108.329 14.546
201912 11.418 108.420 13.878
202003 11.239 108.902 13.600
202006 11.310 108.767 13.703
202009 11.144 109.815 13.373
202012 10.642 109.897 12.761
202103 10.905 111.754 12.859
202106 10.776 114.631 12.388
202109 10.879 115.734 12.387
202112 11.886 117.630 13.315
202203 12.047 121.301 13.087
202206 12.418 125.017 13.089
202209 11.860 125.227 12.480
202212 11.435 125.222 12.034
202303 11.147 127.348 11.535
202306 11.061 128.729 11.323
202309 10.018 129.860 10.166
202312 9.744 129.419 9.921
202403 9.092 131.776 9.092

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


B&G Foods  (STU:DHR) 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.

B&G Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=8.588/12.52
=0.69

* 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 B&G Foods was 8.76. The lowest was 0.58. And the median was 3.38.


Be Aware

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


B&G Foods Cyclically Adjusted Book per Share Related Terms

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


B&G Foods (STU:DHR) Business Description

Traded in Other Exchanges
Address
Four Gatehall Drive, Parsippany, NJ, USA, 07054
B&G Foods Inc is an American packaged-food manufacturer. The company sells its products in the United States, Canada, and Puerto Rico. The company's main brands are Ac'cent, B&G, B&M, Baker's Joy, Bear Creek Country Kitchens, Cary's, Cream of Rice, Cream of Wheat, Devonsheer, Don Pepino, Durkee, Emeril's, Grandma's Molasses, MacDonald's, Mama Mary's, Maple Grove Farms, Regina, Sa-son, Sclafani, Smart Puffs, Spice Islands, Spring Tree, and Wright's. The company distributes its products through multiple channels to supermarkets, wholesalers, mass merchants, warehouse clubs, and food service distributors, among others.

B&G Foods (STU:DHR) Headlines

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