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Grupo BimboB de CV (Grupo BimboB de CV) Cyclically Adjusted PB Ratio : 3.16 (As of Apr. 30, 2024)


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What is Grupo BimboB de CV Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Grupo BimboB de CV's current share price is $4.145. Grupo BimboB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.31. Grupo BimboB de CV's Cyclically Adjusted PB Ratio for today is 3.16.

The historical rank and industry rank for Grupo BimboB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

GRBMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.04   Med: 3.2   Max: 4.91
Current: 3.27

During the past years, Grupo BimboB de CV's highest Cyclically Adjusted PB Ratio was 4.91. The lowest was 2.04. And the median was 3.20.

GRBMF's Cyclically Adjusted PB Ratio is ranked worse than
79.79% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs GRBMF: 3.27

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.

Grupo BimboB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was $1.475. 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 $1.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo BimboB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupo BimboB de CV'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.

Grupo BimboB de CV Cyclically Adjusted PB Ratio Chart

Grupo BimboB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.84 2.41 2.78 3.62 4.20

Grupo BimboB de CV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24
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 4.20 4.50 4.52 4.01 3.66

Competitive Comparison of Grupo BimboB de CV's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Grupo BimboB de CV'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.


Grupo BimboB de CV's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Grupo BimboB de CV's Cyclically Adjusted PB Ratio falls into.



Grupo BimboB de CV 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.

Grupo BimboB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.145/1.31
=3.16

* 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.

Grupo BimboB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grupo BimboB de CV's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=1.475/151.0167*151.0167
=1.475

Current CPI (Mar. 2024) = 151.0167.

Grupo BimboB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.758 96.932 1.181
201406 0.786 96.609 1.229
201409 0.776 97.652 1.200
201412 0.735 99.469 1.116
201503 0.687 99.973 1.038
201506 0.700 99.382 1.064
201509 0.723 100.112 1.091
201512 0.729 101.588 1.084
201603 0.765 102.573 1.126
201606 0.768 101.905 1.138
201609 0.779 103.084 1.141
201612 0.737 105.002 1.060
201703 0.750 108.063 1.048
201706 0.741 108.339 1.033
201709 0.769 109.628 1.059
201712 0.788 112.114 1.061
201803 0.799 113.505 1.063
201806 0.861 113.373 1.147
201809 0.855 115.130 1.122
201812 0.869 117.530 1.117
201903 0.874 118.050 1.118
201906 0.857 117.848 1.098
201909 0.843 118.581 1.074
201912 0.845 120.854 1.056
202003 0.846 121.885 1.048
202006 0.825 121.777 1.023
202009 0.889 123.341 1.088
202012 0.931 124.661 1.128
202103 0.988 127.574 1.170
202106 1.014 128.936 1.188
202109 1.058 130.742 1.222
202112 1.058 133.830 1.194
202203 1.127 137.082 1.242
202206 1.110 139.233 1.204
202209 1.147 142.116 1.219
202212 1.436 144.291 1.503
202303 1.374 146.472 1.417
202306 1.365 146.272 1.409
202309 1.426 148.446 1.451
202403 1.475 151.017 1.475

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.


Grupo BimboB de CV  (OTCPK:GRBMF) 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.


Grupo BimboB de CV Cyclically Adjusted PB Ratio Related Terms

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Grupo BimboB de CV (Grupo BimboB de CV) Business Description

Traded in Other Exchanges
Address
Prolongacion Paseo, De la Reforma No 1000, Col. Pena Blanca Santa Fe, Delegacion Alvaro Obregon, Mexico, MEX, MEX, 01210
Grupo Bimbo SAB de CV is an international baking-products manufacturer. The company operates in over 22 countries throughout the Americas, Europe, and Asia. The firm's key product categories are packed bread, sweet baked goods, salty snacks, cookies, solutions (tortillas, pitas, wraps), prepacked foods, confectionery, and others. The key brands are Bimbo, Ideal, Ricolino, Oroweat, Arnold, Thomas, and Sara Lee. Grupo Bimbo has a large direct distribution network that allows the company to distribute products from its own plants (based in Uruguay, Rio de Janeiro, China, Santiago de Chile, and Argentina) to sales centers and warehouses.