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Finsbury Food Group (FRA:GYZ) Cyclically Adjusted PB Ratio : 1.09 (As of Jun. 10, 2024)


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What is Finsbury Food Group Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Finsbury Food Group's current share price is €1.20. Finsbury Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was €1.10. Finsbury Food Group's Cyclically Adjusted PB Ratio for today is 1.09.

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

FRA:GYZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 0.98   Max: 1.56
Current: 1.1

During the past 13 years, Finsbury Food Group's highest Cyclically Adjusted PB Ratio was 1.56. The lowest was 0.59. And the median was 0.98.

FRA:GYZ's Cyclically Adjusted PB Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.34 vs FRA:GYZ: 1.10

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.

Finsbury Food Group's adjusted book value per share data of for the fiscal year that ended in Jun23 was €1.115. 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 €1.10 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Finsbury Food Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Finsbury Food Group'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.

Finsbury Food Group Cyclically Adjusted PB Ratio Chart

Finsbury Food Group 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 0.74 0.66 1.02 0.71 0.94

Finsbury Food Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 1.02 - 0.71 - 0.94

Competitive Comparison of Finsbury Food Group's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Finsbury Food Group'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.


Finsbury Food Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Finsbury Food Group 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.

Finsbury Food Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.20/1.1
=1.09

* 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.

Finsbury Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Finsbury Food Group'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)
=1.115/129.4000*129.4000
=1.115

Current CPI (Jun23) = 129.4000.

Finsbury Food Group Annual Data

Book Value per Share CPI Adj_Book
201406 1.165 99.800 1.511
201506 1.099 100.100 1.421
201606 0.965 101.000 1.236
201706 0.901 103.500 1.126
201806 0.895 105.900 1.094
201906 0.924 107.900 1.108
202006 0.839 108.800 0.998
202106 0.986 111.400 1.145
202206 1.060 120.500 1.138
202306 1.115 129.400 1.115

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.


Finsbury Food Group  (FRA:GYZ) 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.


Finsbury Food Group Cyclically Adjusted PB Ratio Related Terms

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


Finsbury Food Group (FRA:GYZ) Business Description

Traded in Other Exchanges
N/A
Address
Maes-y-coed Road, Cardiff, GBR, CF14 4XR
Finsbury Food Group PLC is a United Kingdom-based bakery manufacturer. The company is engaged in producing a range of cakes, bread and bakery snack products for retailers and the foodservice channel. Its segments include UK bakery and Overseas. most of its revenue is generated from its UK bakery segment. Geographically the company operates in the United Kingdom; Europe; and Rest of the world and it earns most of its revenue from United Kingdom segment. Finsbury Food offers products like rolls, artisan bread, hot cross buns, muffins and morning pastries for both the retail and foodservice sectors.

Finsbury Food Group (FRA:GYZ) Headlines

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