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Farmer Bros Co (Farmer Bros Co) Cyclically Adjusted PB Ratio : 0.33 (As of Apr. 28, 2024)


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What is Farmer Bros Co Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Farmer Bros Co's current share price is $3.11. Farmer Bros Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.48. Farmer Bros Co's Cyclically Adjusted PB Ratio for today is 0.33.

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

FARM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.19   Med: 1.52   Max: 3.5
Current: 0.33

During the past years, Farmer Bros Co's highest Cyclically Adjusted PB Ratio was 3.50. The lowest was 0.19. And the median was 1.52.

FARM's Cyclically Adjusted PB Ratio is ranked better than
90.56% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs FARM: 0.33

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.

Farmer Bros Co's adjusted book value per share data for the three months ended in Dec. 2023 was $2.080. 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 $9.48 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Farmer Bros Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Farmer Bros Co'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.

Farmer Bros Co Cyclically Adjusted PB Ratio Chart

Farmer Bros Co Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.72 0.81 1.40 0.49 0.29

Farmer Bros Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.48 0.40 0.29 0.27 0.32

Competitive Comparison of Farmer Bros Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Farmer Bros Co'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.


Farmer Bros Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Farmer Bros Co's Cyclically Adjusted PB Ratio falls into.



Farmer Bros Co 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.

Farmer Bros Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.11/9.48
=0.33

* 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.

Farmer Bros Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Farmer Bros Co'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)
=2.08/129.4194*129.4194
=2.080

Current CPI (Dec. 2023) = 129.4194.

Farmer Bros Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.469 99.695 9.696
201406 6.935 100.560 8.925
201409 7.102 100.428 9.152
201412 6.706 99.070 8.760
201503 6.129 99.621 7.962
201506 5.403 100.684 6.945
201509 5.447 100.392 7.022
201512 6.139 99.792 7.962
201603 6.354 100.470 8.185
201606 10.881 101.688 13.848
201609 11.074 101.861 14.070
201612 12.218 101.863 15.523
201703 12.355 102.862 15.545
201706 13.626 103.349 17.063
201709 12.855 104.136 15.976
201712 12.422 104.011 15.457
201803 12.186 105.290 14.979
201806 13.511 106.317 16.447
201809 13.110 106.507 15.930
201812 12.840 105.998 15.677
201903 9.748 107.251 11.763
201906 9.241 108.070 11.067
201909 9.450 108.329 11.290
201912 10.837 108.420 12.936
202003 8.573 108.902 10.188
202006 6.450 108.767 7.675
202009 5.944 109.815 7.005
202012 5.467 109.897 6.438
202103 4.613 111.754 5.342
202106 5.878 114.631 6.636
202109 6.001 115.734 6.711
202112 5.782 117.630 6.362
202203 5.502 121.301 5.870
202206 5.672 125.017 5.872
202209 5.023 125.227 5.191
202212 4.214 125.222 4.355
202303 3.701 127.348 3.761
202306 1.892 128.729 1.902
202309 1.837 129.860 1.831
202312 2.080 129.419 2.080

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.


Farmer Bros Co  (NAS:FARM) 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.


Farmer Bros Co Cyclically Adjusted PB Ratio Related Terms

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


Farmer Bros Co (Farmer Bros Co) Business Description

Traded in Other Exchanges
Address
1912 Farmer Brothers Drive, Northlake, TX, USA, 76262
Farmer Bros Co is engaged in manufacturing, wholesaling, and distributing coffee, tea, and culinary products to food-service establishments and retailers in the United States. The company's customers include restaurants, hotels, offices, casinos, convenience stores, healthcare facilities, and other food-service providers. The company's product categories consist of roast and ground coffee, frozen liquid coffee, flavoured and unflavored iced and hot teas, culinary products, spices, and other beverages including cappuccino, cocoa, granitas, and ready-to-drink iced coffee. The products are sold under the brands of Farmer Brothers, Artisan Collection by Farmer Brothers, Superior, Metropolitan, and China Mist.
Executives
David Pace director
Brad Bollner officer: Interim CFO 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Bradley Louis Radoff director 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Thomas E. Bauer officer: Vice President, Head of DSD 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Moore John E. Iii officer: Vice President, Head of Coffee 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Moragne Maurice S.j. officer: Chief Sales Officer 1912 FARMER BROTHERS DRIVE, NORTHLAKE TX 76262
Family Foundation Radoff other: See Footnote 1 2727 KIRBY DRIVE, UNIT 29L, HOUSTON TX 77098
Todd E Diener other: See Footnote 1
Jcp Investment Management, Llc other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Holdings, Llc other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
James C Pappas other: See Footnote 1 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
22nw Gp, Inc. 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107
22nw Fund, Lp 10 percent owner 1455 NW LEARY WAY, SUITE 400, SEATTLE WA 98107