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Bridgford Foods (Bridgford Foods) Cyclically Adjusted PB Ratio : 1.32 (As of Apr. 29, 2024)


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What is Bridgford Foods Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Bridgford Foods's current share price is $10.42. Bridgford Foods's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $7.91. Bridgford Foods's Cyclically Adjusted PB Ratio for today is 1.32.

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

BRID' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.32   Med: 2.89   Max: 8.3
Current: 1.33

During the past years, Bridgford Foods's highest Cyclically Adjusted PB Ratio was 8.30. The lowest was 1.32. And the median was 2.89.

BRID's Cyclically Adjusted PB Ratio is ranked better than
50.04% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs BRID: 1.33

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.

Bridgford Foods's adjusted book value per share data for the three months ended in Jan. 2024 was $14.407. 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 $7.91 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bridgford Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bridgford Foods'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.

Bridgford Foods Cyclically Adjusted PB Ratio Chart

Bridgford Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.45 3.70 2.11 1.80 1.36

Bridgford Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.77 - - 1.36 1.37

Competitive Comparison of Bridgford Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Bridgford 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.


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

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

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



Bridgford Foods 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.

Bridgford Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.42/7.91
=1.32

* 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.

Bridgford Foods's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Bridgford Foods's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=14.407/129.4194*129.4194
=14.407

Current CPI (Jan. 2024) = 129.4194.

Bridgford Foods Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.539 100.023 4.579
201407 3.277 100.520 4.219
201410 2.771 100.176 3.580
201501 2.819 98.604 3.700
201504 3.056 99.824 3.962
201507 3.253 100.691 4.181
201510 3.926 100.346 5.063
201601 4.130 99.957 5.347
201604 4.294 100.947 5.505
201607 4.494 101.524 5.729
201610 4.287 101.988 5.440
201701 4.560 102.456 5.760
201704 4.704 103.167 5.901
201707 4.931 103.278 6.179
201710 6.174 104.070 7.678
201801 5.994 104.578 7.418
201804 6.506 105.708 7.965
201807 0.000 106.324 0.000
201810 7.237 106.695 8.778
201901 7.443 106.200 9.070
201904 7.687 107.818 9.227
201907 7.809 108.250 9.336
201910 7.325 108.577 8.731
202001 7.529 108.841 8.953
202004 7.576 108.173 9.064
202007 7.922 109.318 9.379
202010 7.850 109.861 9.248
202101 8.011 110.364 9.394
202104 7.815 112.673 8.977
202107 0.000 115.183 0.000
202110 8.261 116.696 9.162
202201 8.294 118.619 9.049
202204 8.383 121.978 8.894
202207 0.000 125.002 0.000
202210 13.917 125.734 14.325
202301 14.020 126.223 14.375
202304 0.000 127.992 0.000
202307 0.000 128.974 0.000
202310 14.271 129.810 14.228
202401 14.407 129.419 14.407

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.


Bridgford Foods  (NAS:BRID) 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.


Bridgford Foods Cyclically Adjusted PB Ratio Related Terms

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


Bridgford Foods (Bridgford Foods) Business Description

Traded in Other Exchanges
N/A
Address
1707 South Good-Latimer Expressway, Dallas, TX, USA, 75226
Bridgford Foods Corp manufactures, markets, and distributes frozen and snack food products in the United States. The business segments are processing and distribution of frozen products, and processing and distribution of snack food products. It includes products such as biscuits, bread dough items, roll dough items, dry sausage products, and beef jerky. The company offers frozen food products to the foodservice and retail customers through wholesalers, cooperatives, and distributors; and snack food items to supermarkets, and mass merchandise and convenience retail stores through customer-owned distribution centers, as well as a direct store delivery network. It derives a majority of its revenue from snack food products.
Executives
Richard Eugene Bridgford other: VP, Ind. Relations & Safety 170 N GREEN ST, CHICAGO IL 60607
Brian E. Bridgford other: V.P. Production 170 N. GREEN STREET, CHICAGO IL 60661
Juan Luis Silva other: V.P. Plant Superintendent 3414 STONE CREEK DR, JOLIET IL 60435
Allan Jr. Bridgford director 515 MARGUERITE AVENUE, CORONA DEL MAR CA 92625
Dennis Gregory Scott director 9595 WILSHIRE BLVD., SUITE 710, BEVERLY HILLS CA 90212
Baron Bridgford other: President, BFI. P.O. BOX 3773, ANAHEIM CA 92803
Christopher William Cole other: Senior Vice President 1415 W. 44TH STREET, CHICAGO IL 60609
Bridgford Baron R.h. Ii officer: President 1415 W. 44TH STREET, CHICAGO IL 60609
Cindy Matthews-morales officer: CFO, Secretary 1308 N. PATT STREET, ANAHEIM CA 92801
Michael W. Bridgford officer: Chairman of the Board 1308 N. PATT STREET, ANAHEIM CA 92801
Mary S Schott director 2990 AIRWAY AVENUE, BUILDING A, COSTA MESA CA 92626
Debra Aileen Dealcuaz other: Treasurer, Bridgford Indust. 6432 CONNIE LANE, ROCKWALL TX 75032
Bruce Bridgford director P.O. BOX 3773, ANAHEIM CA 92803
William L Bridgford director, officer: Chairman P.O. BOX 3773, ANAHEIM CA 92803
Raymond F. Lancy director, officer: CFO, TREAS, ASST SEC 1308 N. PATT ST.,, ANAHEIM CA 92801

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