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Bunge Global (Bunge Global) Cyclically Adjusted PB Ratio : 1.82 (As of Apr. 27, 2024)


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What is Bunge Global Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Bunge Global's current share price is $102.73. Bunge Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $56.34. Bunge Global's Cyclically Adjusted PB Ratio for today is 1.82.

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

BG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.26   Max: 2.18
Current: 1.82

During the past years, Bunge Global's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.52. And the median was 1.26.

BG's Cyclically Adjusted PB Ratio is ranked worse than
63.63% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs BG: 1.82

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.

Bunge Global's adjusted book value per share data for the three months ended in Mar. 2024 was $74.522. 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 $56.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bunge Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bunge Global'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.

Bunge Global Cyclically Adjusted PB Ratio Chart

Bunge Global 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 0.95 1.14 1.66 1.77 1.79

Bunge Global Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 1.69 1.66 1.90 1.79 1.82

Competitive Comparison of Bunge Global's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Bunge Global'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.


Bunge Global's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Bunge Global 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.

Bunge Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=102.73/56.34
=1.82

* 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.

Bunge Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bunge Global'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)
=74.522/129.4194*129.4194
=74.522

Current CPI (Mar. 2024) = 129.4194.

Bunge Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 64.973 100.560 83.620
201409 59.488 100.428 76.661
201412 53.232 99.070 69.539
201503 45.299 99.621 58.849
201506 46.676 100.684 59.997
201509 40.406 100.392 52.089
201512 40.363 99.792 52.346
201603 43.535 100.470 56.079
201606 46.157 101.688 58.744
201609 45.843 101.861 58.246
201612 46.265 101.863 58.781
201703 47.998 102.862 60.390
201706 46.496 103.349 58.225
201709 48.759 104.136 60.598
201712 45.916 104.011 57.133
201803 45.244 105.290 55.613
201806 38.953 106.317 47.417
201809 39.622 106.507 48.146
201812 38.856 105.998 47.442
201903 38.242 107.251 46.147
201906 39.856 108.070 47.730
201909 26.628 108.329 31.812
201912 36.830 108.420 43.963
202003 29.350 108.902 34.880
202006 31.531 108.767 37.518
202009 33.205 109.815 39.133
202012 38.479 109.897 45.315
202103 42.100 111.754 48.755
202106 45.824 114.631 51.736
202109 48.456 115.734 54.186
202112 49.476 117.630 54.435
202203 56.583 121.301 60.370
202206 57.491 125.017 59.516
202209 58.112 125.227 60.058
202212 61.531 125.222 63.594
202303 66.108 127.348 67.183
202306 70.205 128.729 70.582
202309 70.036 129.860 69.799
202312 72.378 129.419 72.378
202403 74.522 129.419 74.522

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.


Bunge Global  (NYSE:BG) 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.


Bunge Global Cyclically Adjusted PB Ratio Related Terms

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


Bunge Global (Bunge Global) Business Description

Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.
Executives
Christos Dimopoulos officer: Pres., Global Supply Chains C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Monica Houle Mcgurk director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Kellie Sears officer: Chief Human Resources Officer C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Lustosa De Andrade Eliane Aleixo director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Julio Garros officer: Pres, Ag Develop, Ops & Mill C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Simmons Jerry Matthews Jr officer: See Remarks C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Paul J Fribourg director 667 MADISON AVE, NEW YORK NY 10021
Continental Grain Co director 767 FIFTH AVENUE, NEW YORK NY 10153
Michael Kobori director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Deborah Borg officer: EVP & Chief HR, Comms Officer BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Kenneth Simril director 1811 AKSARBEN DRIVE, OMAHA NE 68106
Gregory A Heckman director, officer: Chief Executive Officer C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Bernardo Hees director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Raul Padilla officer: CEO, Bunge Global Agribusiness C/O BUNGE LTD, 50 MAIN STREET, WHITE PLAINS NY 10606
Vinita Bali director C/O BUNGE LIMITED, 50 MAIN STREET, 6TH FLOOR, WHITE PLAINS NY 10606