GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tyson Foods Inc (NYSE:TSN) » Definitions » Cyclically Adjusted Book per Share

Tyson Foods (Tyson Foods) Cyclically Adjusted Book per Share : $43.02 (As of Dec. 2023)


View and export this data going back to 1986. Start your Free Trial

What is Tyson Foods 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.

Tyson Foods's adjusted book value per share for the three months ended in Dec. 2023 was $50.839. 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 $43.02 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Tyson Foods's average Cyclically Adjusted Book Growth Rate was 10.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Tyson Foods was 15.30% per year. The lowest was 1.90% per year. And the median was 7.80% per year.

As of today (2024-04-27), Tyson Foods's current stock price is $60.63. Tyson Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $43.02. Tyson Foods's Cyclically Adjusted PB Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tyson Foods was 4.25. The lowest was 1.07. And the median was 2.59.


Tyson Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tyson Foods'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.

Tyson Foods Cyclically Adjusted Book per Share Chart

Tyson Foods Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 24.86 27.75 32.02 37.98 42.50

Tyson 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 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 38.80 40.27 41.45 42.50 43.02

Competitive Comparison of Tyson Foods's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Tyson 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.


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

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

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



Tyson Foods 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, Tyson 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)
=50.839/129.4194*129.4194
=50.839

Current CPI (Dec. 2023) = 129.4194.

Tyson Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 18.472 99.695 23.980
201406 19.033 100.560 24.495
201409 23.644 100.428 30.470
201412 24.355 99.070 31.816
201503 25.012 99.621 32.493
201506 25.822 100.684 33.192
201509 26.263 100.392 33.857
201512 26.885 99.792 34.867
201603 26.423 100.470 34.036
201606 26.645 101.688 33.911
201609 26.615 101.861 33.816
201612 26.754 101.863 33.992
201703 27.278 102.862 34.321
201706 28.159 103.349 35.262
201709 28.644 104.136 35.599
201712 32.529 104.011 40.475
201803 33.013 105.290 40.579
201806 33.957 106.317 41.336
201809 34.981 106.507 42.506
201812 35.938 105.998 43.879
201903 36.794 107.251 44.399
201906 38.192 108.070 45.737
201909 38.115 108.329 45.535
201912 39.500 108.420 47.151
202003 39.660 108.902 47.132
202006 40.789 108.767 48.534
202009 41.792 109.815 49.253
202012 42.875 109.897 50.492
202103 43.673 111.754 50.576
202106 45.394 114.631 51.250
202109 48.556 115.734 54.298
202112 50.772 117.630 55.861
202203 52.590 121.301 56.110
202206 53.820 125.017 55.715
202209 54.728 125.227 56.560
202212 55.212 125.222 57.063
202303 54.551 127.348 55.438
202306 52.815 128.729 53.098
202309 50.935 129.860 50.762
202312 50.839 129.419 50.839

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


Tyson Foods  (NYSE:TSN) 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.

Tyson Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.63/43.02
=1.41

* 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 13 years, the highest Cyclically Adjusted PB Ratio of Tyson Foods was 4.25. The lowest was 1.07. And the median was 2.59.


Be Aware

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


Tyson Foods Cyclically Adjusted Book per Share Related Terms

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


Tyson Foods (Tyson Foods) Business Description

Address
2200 West Don Tyson Parkway, Springdale, AR, USA, 72762-6999
Tyson Foods is a protein-focused food producer, selling raw chicken, beef, pork, and prepared foods. Chicken and beef are its two largest segments, each comprising about one-third of U.S. sales. Prepared foods constitute roughly 20% of sales and include brands like Tyson, Jimmy Dean, Hillshire Farm, Ball Park, and Sara Lee. However, most of these are in product categories rife with competition where Tyson does not have a massive market share lead. Tyson sells some products overseas, but the international segment accounts for just 5% of total revenue. The company is an active acquirer, with more recent years' purchases focused on international and food-service markets.
Executives
Wes Morris officer: Group President Poultry 2200 W DON TYSON PARKWAY, SPRINGDALE AR 72762
John H Tyson director, officer: Chairman & CEO 2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Melanie Boulden officer: Grp Pres Prepared Foods & CGO 345 PARK AVENUE, SAN JOSE CA 95110
Kevin M Mcnamara director 2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Johanna Soderstrom officer: EVP & Chief HR Officer 2200 W DON TYSON PARKWAY, SPRINGDALE AR 72762
Donnie King officer: Grp VP of Poultry & Prep.Foods 2200 DON TYSON PARKWAY, SPRINGDALE AR 72762
Brady J. Stewart officer: Group President Fresh Meats 2200 W. DON TYSON PARKWAY, SPRINGDALE AR 72762
Adam S. Deckinger officer: General Counsel and Secretary 2200 W. DON TYSON PARKWAY, SPRINGDALE AR 72762
Shane Miller officer: Group President Fresh Meats 2200 W DON TYSON PARKWAY, SPRINGDALE AR 72762
Amy Tu officer: EVP & General Counsel 2200 W DON TYSON PARKWAY, SPRINGDALE AR 72762
Noel W White officer: Group VP Fr Meats Op & Comm Sa 2200 W DON TYSON PARKWAY, SPRINGDALE AR 72762
David R. Bray officer: Group President Poultry 2200 W DON TYSON PARKWAY, SPRINGDALE AR 72762
Jason Nichol officer: Chief Customer Officer 2200 W. DON TYSON PARKWAY, SPRINGDALE AR 72762
Christopher Lynn Langholz officer: President International 2200 W. DON TYSON PARKWAY, SPRINGDALE AR 72762
Banister Gaurdie E. Jr. director 2211 H.H. DOW WAY, MIDLAND MI 48674

Tyson Foods (Tyson Foods) Headlines

From GuruFocus

Tyson Foods Inc Investor Day Transcript

By GuruFocus Research 01-23-2024

Q1 2021 Tyson Foods Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q4 2023 Tyson Foods Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Q1 2023 Tyson Foods Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024

Tyson Foods Inc Annual Shareholders Meeting Transcript

By GuruFocus Research 01-23-2024

Q4 2021 Tyson Foods Inc Earnings Call Transcript

By GuruFocus Research 01-23-2024