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Viterra (ASX:VTA) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Viterra Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Viterra Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Viterra'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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Viterra Cyclically Adjusted PB Ratio Chart

Viterra Annual Data
Trend Jul01 Jul02 Jul03 Jul04 Jul05 Jul06 Oct08 Oct09 Oct10 Oct11
Cyclically Adjusted PB Ratio
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Viterra Quarterly Data
Apr07 Jan08 Apr08 Jul08 Oct08 Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12
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Competitive Comparison of Viterra's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Viterra'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.


Viterra's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Viterra 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.

Viterra's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2012 is calculated as:

For example, Viterra's adjusted Book Value per Share data for the three months ended in Jul. 2012 was:

Adj_Book=Book Value per Share/CPI of Jul. 2012 (Change)*Current CPI (Jul. 2012)
=10.934/95.9968*95.9968
=10.934

Current CPI (Jul. 2012) = 95.9968.

Viterra Quarterly Data

Book Value per Share CPI Adj_Book
200204 237.504 78.615 290.017
200207 214.619 79.405 259.465
200210 207.213 79.958 248.778
200301 197.180 80.590 234.876
200304 45.237 80.906 53.675
200307 16.015 81.064 18.965
200310 17.241 81.222 20.377
200401 15.098 81.617 17.758
200404 12.534 82.249 14.629
200407 19.240 82.960 22.263
200410 14.604 83.118 16.867
200501 14.392 83.197 16.606
200504 10.035 84.224 11.438
200507 26.077 84.619 29.583
200510 4.565 85.252 5.140
200601 4.602 85.489 5.168
200604 5.068 86.279 5.639
200607 5.512 86.595 6.110
200610 5.056 86.121 5.636
200701 5.153 86.437 5.723
200704 5.311 88.175 5.782
200801 7.449 88.333 8.095
200804 7.608 89.676 8.144
200807 9.223 91.493 9.677
200810 9.239 90.466 9.804
200901 9.110 89.281 9.795
200904 9.238 89.992 9.854
200907 9.807 90.624 10.388
200910 11.912 90.545 12.629
201001 9.354 90.940 9.874
201004 9.379 91.651 9.824
201007 9.506 92.283 9.889
201010 9.985 92.757 10.334
201101 10.196 93.074 10.516
201104 10.471 94.654 10.620
201107 10.809 94.812 10.944
201110 10.823 95.444 10.886
201201 10.586 95.365 10.656
201204 10.537 96.550 10.477
201207 10.934 95.997 10.934

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.


Viterra  (ASX:VTA) 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.


Viterra Cyclically Adjusted PB Ratio Related Terms

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Viterra (ASX:VTA) Business Description

Traded in Other Exchanges
N/A
Address
Website
Viterra Inc was founded in 1924. The Company's business is managed and reported through three interrelated segments: Grain Handling and Marketing, Agri-products and Processing. In addition, a corporate non-operating segment is reported. Its Grain Handling and Marketing segment mainly handles wheat, durum, barley, canola and pulses. It derives its revenue from accumulating, storing, blending, transporting and marketing these grains from the producer's farm to end-use markets. This segment includes grain storage facilities and special crop processing plants strategically located in the prime agricultural growing regions of North America (primarily Western Canada) and southern Australia. It also has port export terminals located in Canada and South Australia and marketing offices located throughout North America, Australia, Europe and Asia. Its Agri-products segment is engaged in the sale of seed, crop protection products, fertilizer, and small agricultural equipment through a network of retail locations. The agri-products operation includes seed research and development, nitrogen fertilizer manufacturing, and crop protection product formulation and packaging. Subsequent to the end of fiscal 2011, the Company added bulk fuel distribution to its agri-products offerings in Western Canada. Its Processing segment extends the Company's value chain by producing food ingredients for consumer products companies and food processors around the world.