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Maple Leaf Foods (Maple Leaf Foods) Cyclically Adjusted PB Ratio : 1.32 (As of Apr. 30, 2024)


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What is Maple Leaf Foods Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Maple Leaf Foods's current share price is $17.80. Maple Leaf Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $13.52. Maple Leaf Foods's Cyclically Adjusted PB Ratio for today is 1.32.

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

MLFNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.1   Max: 3.2
Current: 1.35

During the past years, Maple Leaf Foods's highest Cyclically Adjusted PB Ratio was 3.20. The lowest was 1.17. And the median was 2.10.

MLFNF's Cyclically Adjusted PB Ratio is ranked worse than
50.61% of 1237 companies
in the Consumer Packaged Goods industry
Industry Median: 1.33 vs MLFNF: 1.35

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.

Maple Leaf Foods's adjusted book value per share data for the three months ended in Dec. 2023 was $9.214. 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 $13.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Maple Leaf Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Maple Leaf 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.

Maple Leaf Foods Cyclically Adjusted PB Ratio Chart

Maple Leaf 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 1.97 2.04 1.90 1.43 1.40

Maple Leaf Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.43 1.50 1.46 1.45 1.40

Competitive Comparison of Maple Leaf Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Maple Leaf 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.


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

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

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



Maple Leaf 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.80/13.52
=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.

Maple Leaf Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Maple Leaf Foods's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=9.214/125.4675*125.4675
=9.214

Current CPI (Dec. 2023) = 125.4675.

Maple Leaf Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.237 98.604 11.753
201406 15.504 99.473 19.555
201409 14.686 99.394 18.538
201412 13.616 98.367 17.367
201503 12.431 99.789 15.630
201506 12.278 100.500 15.328
201509 11.615 100.421 14.512
201512 11.028 99.947 13.844
201603 11.818 101.054 14.673
201606 12.060 102.002 14.834
201609 12.090 101.765 14.906
201612 11.851 101.449 14.657
201703 11.872 102.634 14.513
201706 11.941 103.029 14.542
201709 13.023 103.345 15.811
201712 12.702 103.345 15.421
201803 12.674 105.004 15.144
201806 12.400 105.557 14.739
201809 12.375 105.636 14.698
201812 12.099 105.399 14.403
201903 12.121 106.979 14.216
201906 11.763 107.690 13.705
201909 11.790 107.611 13.746
201912 12.045 107.769 14.023
202003 11.080 107.927 12.881
202006 11.229 108.401 12.997
202009 11.826 108.164 13.718
202012 12.248 108.559 14.156
202103 13.165 110.298 14.976
202106 13.365 111.720 15.010
202109 13.170 112.905 14.635
202112 12.858 113.774 14.180
202203 13.335 117.646 14.222
202206 12.717 120.806 13.208
202209 10.560 120.648 10.982
202212 10.062 120.964 10.437
202303 9.567 122.702 9.783
202306 9.589 124.203 9.687
202309 9.348 125.230 9.366
202312 9.214 125.468 9.214

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.


Maple Leaf Foods  (OTCPK:MLFNF) 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.


Maple Leaf Foods Cyclically Adjusted PB Ratio Related Terms

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


Maple Leaf Foods (Maple Leaf Foods) Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.