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Pernod Ricard (XSWX:RI) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Pernod Ricard Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pernod Ricard Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pernod Ricard'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.

Pernod Ricard Cyclically Adjusted PB Ratio Chart

Pernod Ricard 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 3.35 2.80 3.56 3.07 3.32

Pernod Ricard 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 - 3.07 - 3.32 -

Competitive Comparison of Pernod Ricard's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Pernod Ricard'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.


Pernod Ricard's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Pernod Ricard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pernod Ricard 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.

Pernod Ricard's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Pernod Ricard'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)
=59.674/117.6500*117.6500
=59.674

Current CPI (Jun23) = 117.6500.

Pernod Ricard Annual Data

Book Value per Share CPI Adj_Book
201406 53.289 100.180 62.582
201506 51.715 100.440 60.576
201606 54.943 100.630 64.236
201706 56.461 101.320 65.561
201806 64.768 103.370 73.715
201906 67.650 104.580 76.105
202006 57.404 104.790 64.449
202106 62.163 106.340 68.774
202206 63.643 112.550 66.527
202306 59.674 117.650 59.674

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.


Pernod Ricard  (XSWX:RI) 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.


Pernod Ricard Cyclically Adjusted PB Ratio Related Terms

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Pernod Ricard (XSWX:RI) Business Description

Address
5, Cours Paul Ricard, Paris, FRA, 75008
Pernod Ricard is the world's second-largest spirits maker by volume, behind Diageo. The firm's key markets are Europe, the United States, and Asia. Pernod's key spirits brands include Absolut vodka, Beefeater gin, Chivas Regal and The Glenlivet scotch whisky, Jameson Irish whiskey, Malibu rum, and Martell cognac. The firm's strategic wine portfolio, which represented around 5% of fiscal 2022 revenue among the group's focus brands, includes Jacob's Creek, Brancott Estate, Campo Viejo, Mumm, and Perrier-Jouet.

Pernod Ricard (XSWX:RI) Headlines

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