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Calavo Growers (Calavo Growers) Cyclically Adjusted PB Ratio : 1.79 (As of May. 16, 2024)


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What is Calavo Growers Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Calavo Growers's current share price is $28.02. Calavo Growers's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $15.64. Calavo Growers's Cyclically Adjusted PB Ratio for today is 1.79.

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

CVGW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.46   Med: 6.35   Max: 11.11
Current: 1.79

During the past years, Calavo Growers's highest Cyclically Adjusted PB Ratio was 11.11. The lowest was 1.46. And the median was 6.35.

CVGW's Cyclically Adjusted PB Ratio is ranked worse than
55.96% of 218 companies
in the Retail - Defensive industry
Industry Median: 1.6 vs CVGW: 1.79

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.

Calavo Growers's adjusted book value per share data for the three months ended in Jan. 2024 was $11.299. 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 $15.64 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Calavo Growers Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Calavo Growers'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.

Calavo Growers Cyclically Adjusted PB Ratio Chart

Calavo Growers Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.79 5.53 2.96 2.31 1.62

Calavo Growers 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 2.12 2.08 2.43 1.62 1.67

Competitive Comparison of Calavo Growers's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Calavo Growers'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.


Calavo Growers's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Calavo Growers's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Calavo Growers 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.

Calavo Growers's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.02/15.64
=1.79

* 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.

Calavo Growers's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Calavo Growers'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)
=11.299/129.4194*129.4194
=11.299

Current CPI (Jan. 2024) = 129.4194.

Calavo Growers Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.983 100.023 11.623
201407 9.951 100.520 12.812
201410 10.373 100.176 13.401
201501 10.403 98.604 13.654
201504 11.018 99.824 14.285
201507 11.419 100.691 14.677
201510 10.640 100.346 13.723
201601 10.799 99.957 13.982
201604 11.721 100.947 15.027
201607 12.473 101.524 15.900
201610 12.277 101.988 15.579
201701 12.454 102.456 15.731
201704 13.454 103.167 16.878
201707 14.134 103.278 17.712
201710 13.866 104.070 17.244
201801 14.199 104.578 17.572
201804 15.163 105.708 18.564
201807 16.210 106.324 19.731
201810 14.983 106.695 18.174
201901 15.270 106.200 18.609
201904 16.248 107.818 19.503
201907 16.905 108.250 20.211
201910 16.151 108.577 19.251
202001 16.202 108.841 19.265
202004 16.031 108.173 19.180
202007 15.177 109.318 17.968
202010 14.412 109.861 16.978
202101 14.717 110.364 17.258
202104 15.288 112.673 17.560
202107 14.583 115.183 16.385
202110 12.751 116.696 14.141
202201 12.533 118.619 13.674
202204 12.546 121.978 13.311
202207 12.670 125.002 13.118
202210 12.540 125.734 12.908
202301 12.145 126.223 12.453
202304 11.913 127.992 12.046
202307 12.257 128.974 12.299
202310 11.758 129.810 11.723
202401 11.299 129.419 11.299

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.


Calavo Growers  (NAS:CVGW) 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.


Calavo Growers Cyclically Adjusted PB Ratio Related Terms

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


Calavo Growers (Calavo Growers) Business Description

Traded in Other Exchanges
N/A
Address
1141-A Cummings Road, Santa Paula, CA, USA, 93060
Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. It sells avocados to a group of supermarket chains, wholesalers, food service and other distributors, under brand labels, as well as private labels. The company procures avocados from California, Mexico and other growing regions around the world. Calavo is segmented into three segments namely, Fresh products; Calavo Foods; and RFG. The company derives its revenue from its Fresh products segment.
Executives
Michael A Browne officer: VP-Fresh Operations C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Paul Alan Harrison officer: Executive Vice President C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Steve Hollister director 751 BEAR CANYON LANE, ARROYO GRANDE CA 93420
Lecil E Cole director, 10 percent owner, officer: Chairman of Board, CEO & Pres
James D Helin director 1141A CUMMINGS RD, SANTA PAULA CA 93036
Helen Kurtz officer: SVP and GM - Prepared C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Danny Dumas officer: SVP & GM Grown C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Shawn Munsell officer: Chief Financial Officer C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Graciela Montgomery officer: Chief Human Resources Officer C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD, SANTA PAULA CA 93060
Brian W Kocher officer: Chief Executive Officer 1141-A CUMMINGS ROAD, SANTA PAULA CA 93060
Adriana Mendizabal director C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Mariela Irene Matute officer: Chief Financial Officer 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Donald M Sanders director 2530 RED HILL AVE, SANTA ANA CA 92705
Michael Anthony Digregorio director C/O IRONCLAD PERFORMANCE WEAR CORP., 2201 PARK PLACE, SUITE 101, EL SEGUNDO CA 90245
Robert J Wedin officer: VP Sales & Fresh Marketing 1141A CUMMINGS ROAD, SANTA PAULA CA 93060

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