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Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) Cyclically Adjusted PB Ratio : 2.11 (As of Apr. 27, 2024)


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What is Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Cracker Barrel Old Country Store's current share price is $59.32. Cracker Barrel Old Country Store's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $28.05. Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio for today is 2.11.

The historical rank and industry rank for Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio or its related term are showing as below:

CBRL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.09   Med: 7.69   Max: 12.38
Current: 2.11

During the past years, Cracker Barrel Old Country Store's highest Cyclically Adjusted PB Ratio was 12.38. The lowest was 2.09. And the median was 7.69.

CBRL's Cyclically Adjusted PB Ratio is ranked worse than
50.45% of 224 companies
in the Restaurants industry
Industry Median: 2.105 vs CBRL: 2.11

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.

Cracker Barrel Old Country Store's adjusted book value per share data for the three months ended in Jan. 2024 was $20.808. 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 $28.05 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cracker Barrel Old Country Store'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.

Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio Chart

Cracker Barrel Old Country Store Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.27 4.92 5.49 3.44 3.30

Cracker Barrel Old Country Store Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 4.00 3.77 3.30 2.34 2.76

Competitive Comparison of Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Cracker Barrel Old Country Store'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.


Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio falls into.



Cracker Barrel Old Country Store 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.

Cracker Barrel Old Country Store's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.32/28.05
=2.11

* 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.

Cracker Barrel Old Country Store's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Cracker Barrel Old Country Store's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=20.808/129.4194*129.4194
=20.808

Current CPI (Jan. 2024) = 129.4194.

Cracker Barrel Old Country Store Quarterly Data

Book Value per Share CPI Adj_Book
201404 20.453 100.023 26.464
201407 22.192 100.520 28.572
201410 22.512 100.176 29.084
201501 23.476 98.604 30.813
201504 24.388 99.824 31.619
201507 22.450 100.691 28.855
201510 22.295 100.346 28.754
201601 23.178 99.957 30.010
201604 24.243 100.947 31.081
201607 21.975 101.524 28.013
201610 22.765 101.988 28.888
201701 24.195 102.456 30.562
201704 25.037 103.167 31.408
201707 22.635 103.278 28.364
201710 22.826 104.070 28.386
201801 25.647 104.578 31.739
201804 26.679 105.708 32.663
201807 24.229 106.324 29.492
201810 24.972 106.695 30.291
201901 26.147 106.200 31.864
201904 26.951 107.818 32.351
201907 25.145 108.250 30.062
201910 25.266 108.577 30.116
202001 26.309 108.841 31.283
202004 16.553 108.173 19.804
202007 17.655 109.318 20.901
202010 24.941 109.861 29.381
202101 25.653 110.364 30.082
202104 27.316 112.673 31.376
202107 28.243 115.183 31.734
202110 26.752 116.696 29.669
202201 25.985 118.619 28.351
202204 24.626 121.978 26.128
202207 22.955 125.002 23.766
202210 21.964 125.734 22.608
202301 21.963 126.223 22.519
202304 21.391 127.992 21.630
202307 21.840 128.974 21.915
202310 20.746 129.810 20.684
202401 20.808 129.419 20.808

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.


Cracker Barrel Old Country Store  (NAS:CBRL) 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.


Cracker Barrel Old Country Store Cyclically Adjusted PB Ratio Related Terms

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


Cracker Barrel Old Country Store (Cracker Barrel Old Country Store) Business Description

Traded in Other Exchanges
Address
305 Hartmann Drive, Lebanon, TN, USA, 37087-4779
Cracker Barrel Old Country Store Inc operates hundreds of full-service restaurants throughout the United States. Its restaurants are open for breakfast, lunch, and dinner, with menus that offer home-style country food. Cracker Barrel's biggest input costs are beef, dairy, fruits and vegetables, pork, and poultry. The company purchases its food products from a few different vendors on a cost-plus basis. All restaurants are located in freestanding buildings and include gift shops, which contribute roughly one fourth of total company revenue. Apparel and accessories are the company's biggest revenue generators in the retail segment of the business.
Executives
Sandra B Cochran officer: Executive VP & CFO 305 HARTMANN DRIVE, LEBANON TN 37087
Julie D. Masino officer: CEO-elect C/O VIVID SEATS INC., 111 N. CANAL STREET, SUITE 800, CHICAGO IL 60606
Jim Mark Spurgin officer: SVP Chief Supply Chain Officer 305 S. HARTMANN DRIVE, LEBANON TN 37087
William W. Moreton director 3630 SOUTH GEYER ROAD, SUITE 100, ST LOUIS MO 63127
Jody L Bilney director 2202 NORTH WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Cammie Schaefer officer: SVP Operations 305 HARTMANN DR, LEBANON TN 37087
Craig Pommells officer: SVP & CFO 305 HARTMANN DR, LEBANON TN 37087
Donna Roberts officer: SVP, Chief HR Officer 305 HARTMANN DR, LEBANON TN 37087
Darryl L Wade director 1208 SHARON PLACE, WINTER PARK FL 32789
Bruce Hoffmeister officer: SVP, Chief Information Officer 8546 ROBERTS ROAD, ELLICOTT CITY MD 21043
Gisel Ruiz director C/O VITAL FARMS, INC., 3601 SOUTH CONGRESS AVENUE, SUITE C100, AUSTIN TX 78704
Jennifer Tate officer: SVP & CMO 305 HARTMANN DRIVE, LEBANON TN 37087
Gilbert Raymond Davila director 15838 SEVILLE LANE, ENCINO CA 91436
Carl T Berquist director C/O MARRIOTT INTERNATONAL INC, 10400 FERNWOOD ROAD, BETHESDA MD 20817
Kara Jacobs officer: VP, Controller & PAO 305 HARTMANN DR, LEBANON TN 37087