GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Beverages - Alcoholic » Suntory Beverage & Food Ltd (OTCPK:STBFY) » Definitions » Cyclically Adjusted Book per Share

Suntory Beverage & Food (Suntory Beverage & Food) Cyclically Adjusted Book per Share : $8.87 (As of Dec. 2023)


View and export this data going back to 2013. Start your Free Trial

What is Suntory Beverage & Food Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Suntory Beverage & Food's adjusted book value per share for the three months ended in Dec. 2023 was $12.220. 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 $8.87 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Suntory Beverage & Food's average Cyclically Adjusted Book Growth Rate was 9.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-04-29), Suntory Beverage & Food's current stock price is $16.2203. Suntory Beverage & Food's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $8.87. Suntory Beverage & Food's Cyclically Adjusted PB Ratio of today is 1.83.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Suntory Beverage & Food was 2.35. The lowest was 1.78. And the median was 2.03.


Suntory Beverage & Food Cyclically Adjusted Book per Share Historical Data

The historical data trend for Suntory Beverage & Food's Cyclically Adjusted Book per Share 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.

Suntory Beverage & Food Cyclically Adjusted Book per Share Chart

Suntory Beverage & Food Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 8.67 8.87

Suntory Beverage & Food Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 8.67 8.77 8.30 8.22 8.87

Competitive Comparison of Suntory Beverage & Food's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Suntory Beverage & Food'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.


Suntory Beverage & Food's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where Suntory Beverage & Food's Cyclically Adjusted PB Ratio falls into.



Suntory Beverage & Food Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Suntory Beverage & Food'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)
=12.22/106.8000*106.8000
=12.220

Current CPI (Dec. 2023) = 106.8000.

Suntory Beverage & Food Quarterly Data

Book Value per Share CPI Adj_Book
201403 8.506 95.700 9.493
201406 8.625 98.000 9.399
201409 8.463 98.500 9.176
201412 8.074 97.900 8.808
201503 7.557 97.900 8.244
201506 7.791 98.400 8.456
201509 7.873 98.500 8.536
201512 8.217 98.100 8.946
201603 7.884 97.900 8.601
201606 7.940 98.100 8.644
201609 8.204 98.000 8.941
201612 8.492 98.400 9.217
201703 7.707 98.100 8.390
201706 8.268 98.500 8.965
201709 8.512 98.800 9.201
201712 9.892 99.400 10.628
201803 10.373 99.200 11.168
201806 10.195 99.200 10.976
201809 10.415 99.900 11.134
201812 10.309 99.700 11.043
201903 10.410 99.700 11.151
201906 10.788 99.800 11.545
201909 10.851 100.100 11.577
201912 11.221 100.500 11.924
202003 10.980 100.300 11.692
202006 11.228 99.900 12.004
202009 11.739 99.900 12.550
202012 12.187 99.300 13.107
202103 12.002 99.900 12.831
202106 12.198 99.500 13.093
202109 12.326 100.100 13.151
202112 12.233 100.100 13.052
202203 12.162 101.100 12.848
202206 11.554 101.800 12.121
202209 10.896 103.100 11.287
202212 11.577 104.100 11.877
202303 11.902 104.400 12.176
202306 12.166 105.200 12.351
202309 11.853 106.200 11.920
202312 12.220 106.800 12.220

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Suntory Beverage & Food  (OTCPK:STBFY) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Suntory Beverage & Food's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.2203/8.87
=1.83

* 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.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Suntory Beverage & Food was 2.35. The lowest was 1.78. And the median was 2.03.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Suntory Beverage & Food Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Suntory Beverage & Food's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Suntory Beverage & Food (Suntory Beverage & Food) Business Description

Traded in Other Exchanges
Address
3-1-1 Kyobashi, Tokyo Square Garden, Chuo-ku, Tokyo, JPN, 104-0031
Suntory Beverage & Food Ltd primarily sells nonalcoholic beverages throughout the world. Most of the company's sales are in Japan, where its biggest products include Tennensui and Green Dakara bottled waters; Boss canned coffee; Pepsi, Orangina, and C.C. Lemon carbonated soft drinks; Suntory Oolong and Iyemon teas; Natchan juices; and Dekavita energy drinks. Other significant markets include France, the United Kingdom, Spain, Vietnam, Indonesia, Thailand, Malaysia, New Zealand, and the United States. Core brands outside France include Lucozade, Orangina, Oasis, Schweppes, Ribena, Pepsi, Ovi, and Brand's Essence of Chicken.

Suntory Beverage & Food (Suntory Beverage & Food) Headlines

From GuruFocus

The Bourbon Boom: Is It Investable?

By Charles Sizemore Charles Sizemore 08-22-2014