GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Dairy Nutritionals Ltd (ASX:AHF) » Definitions » Cyclically Adjusted PB Ratio

Australian Dairy Nutritionals (ASX:AHF) Cyclically Adjusted PB Ratio : 0.16 (As of May. 16, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Australian Dairy Nutritionals Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Australian Dairy Nutritionals's current share price is A$0.014. Australian Dairy Nutritionals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was A$0.09. Australian Dairy Nutritionals's Cyclically Adjusted PB Ratio for today is 0.16.

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

ASX:AHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.5   Max: 4.44
Current: 0.14

During the past 13 years, Australian Dairy Nutritionals's highest Cyclically Adjusted PB Ratio was 4.44. The lowest was 0.13. And the median was 1.50.

ASX:AHF's Cyclically Adjusted PB Ratio is ranked better than
96.25% of 1254 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs ASX:AHF: 0.14

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.

Australian Dairy Nutritionals's adjusted book value per share data of for the fiscal year that ended in Jun23 was A$0.055. 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 A$0.09 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Dairy Nutritionals Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Australian Dairy Nutritionals'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.

Australian Dairy Nutritionals Cyclically Adjusted PB Ratio Chart

Australian Dairy Nutritionals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.29 0.96 0.62 0.97 0.24

Australian Dairy Nutritionals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 0.97 - 0.24 -

Competitive Comparison of Australian Dairy Nutritionals's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Australian Dairy Nutritionals'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.


Australian Dairy Nutritionals's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Australian Dairy Nutritionals's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Australian Dairy Nutritionals's Cyclically Adjusted PB Ratio falls into.



Australian Dairy Nutritionals 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.

Australian Dairy Nutritionals's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.014/0.09
=0.16

* 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.

Australian Dairy Nutritionals's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Australian Dairy Nutritionals's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.055/124.1700*124.1700
=0.055

Current CPI (Jun23) = 124.1700.

Australian Dairy Nutritionals Annual Data

Book Value per Share CPI Adj_Book
201406 0.008 98.352 0.010
201506 0.161 99.838 0.200
201606 0.152 100.859 0.187
201706 0.149 102.809 0.180
201806 0.027 104.945 0.032
201906 0.110 106.617 0.128
202006 0.028 106.246 0.033
202106 0.023 110.332 0.026
202206 0.029 117.112 0.031
202306 0.055 124.170 0.055

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.


Australian Dairy Nutritionals  (ASX:AHF) 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.


Australian Dairy Nutritionals Cyclically Adjusted PB Ratio Related Terms

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


Australian Dairy Nutritionals (ASX:AHF) Business Description

Traded in Other Exchanges
N/A
Address
160 Depot Road, Camperdown, Sydney, VIC, AUS, 3260
Australian Dairy Nutritionals Ltd is a vertically integrated dairy producer in Australia. The company's operating segment includes Nutritional Powders and Dairy Processing. It generates maximum revenue from the Dairy Processing segment. Dairy Processing segment includes the processing and sale of dairy products to domestic markets. The Dairy Farms segment includes the ownership and operation of dairy farms and dairy livestock for the production and sale of fresh raw milk for conversion to milk and milk products. Its product portfolio includes Milk; Yoghurt; Butter and Stockist. Geographically, it derives a majority of its revenue from Australia.

Australian Dairy Nutritionals (ASX:AHF) Headlines

No Headlines