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Ebro Foods (FRA:AZU) Cyclically Adjusted PB Ratio : 1.04 (As of May. 28, 2024)


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What is Ebro Foods Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Ebro Foods's current share price is €15.88. Ebro Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €15.27. Ebro Foods's Cyclically Adjusted PB Ratio for today is 1.04.

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

FRA:AZU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 1.55   Max: 2.06
Current: 1.04

During the past 13 years, Ebro Foods's highest Cyclically Adjusted PB Ratio was 2.06. The lowest was 0.96. And the median was 1.55.

FRA:AZU's Cyclically Adjusted PB Ratio is ranked better than
60.3% of 1282 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs FRA:AZU: 1.04

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.

Ebro Foods's adjusted book value per share data of for the fiscal year that ended in Dec23 was €14.202. 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 €15.27 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ebro Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ebro 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.

Ebro Foods Cyclically Adjusted PB Ratio Chart

Ebro Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.47 1.22 0.99 1.01

Ebro Foods 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 1.22 - 0.99 - 1.01

Competitive Comparison of Ebro Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Ebro 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.


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

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

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



Ebro 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.88/15.27
=1.04

* 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.

Ebro Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Ebro Foods's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=14.202/121.2997*121.2997
=14.202

Current CPI (Dec23) = 121.2997.

Ebro Foods Annual Data

Book Value per Share CPI Adj_Book
201412 12.022 100.251 14.546
201512 12.779 100.268 15.459
201612 13.514 101.842 16.096
201712 13.483 102.975 15.882
201812 14.053 104.193 16.360
201912 14.703 105.015 16.983
202012 12.526 104.456 14.546
202112 13.659 111.298 14.886
202212 14.067 117.650 14.503
202312 14.202 121.300 14.202

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.


Ebro Foods  (FRA:AZU) 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.


Ebro Foods Cyclically Adjusted PB Ratio Related Terms

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


Ebro Foods (FRA:AZU) Business Description

Traded in Other Exchanges
Address
Paseo de la Castellana, n 20, Madrid, ESP, 28046
Ebro Foods SA is a Spanish international food group operating in the pasta, rice, and sauces segments. The company is present in more than 25 countries in Europe, North America, Asia, and Africa, through its wide network of subsidiaries and brands. The core businesses are rice and pasta, offered in dry, fresh, precooked, and frozen varieties. Aside from pasta and rice, Ebro Food offers ready meals, fresh potato, sauces among others. The largest geographical segment for the rice division is in Europe, followed by North America, Asia, and Africa. Pasta, sauces, and other products, accounting for almost half of revenue, are mainly present in Europe and North America.

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