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Flowers Foods (Flowers Foods) Cyclically Adjusted PB Ratio : 3.39 (As of Apr. 28, 2024)


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What is Flowers Foods Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Flowers Foods's current share price is $24.62. Flowers Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.26. Flowers Foods's Cyclically Adjusted PB Ratio for today is 3.39.

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

FLO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.81   Med: 4.09   Max: 6.82
Current: 3.39

During the past years, Flowers Foods's highest Cyclically Adjusted PB Ratio was 6.82. The lowest was 2.81. And the median was 4.09.

FLO's Cyclically Adjusted PB Ratio is ranked worse than
81.12% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs FLO: 3.39

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.

Flowers Foods's adjusted book value per share data for the three months ended in Dec. 2023 was $6.424. 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 $7.26 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flowers Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flowers Foods'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.

Flowers Foods Cyclically Adjusted PB Ratio Chart

Flowers Foods 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 3.93 3.91 4.29 4.11 3.10

Flowers 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 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 4.11 3.84 3.44 3.04 3.10

Competitive Comparison of Flowers Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Flowers 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.


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

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

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



Flowers Foods 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.

Flowers Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=24.62/7.26
=3.39

* 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.

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

For example, Flowers 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)
=6.424/129.4194*129.4194
=6.424

Current CPI (Dec. 2023) = 129.4194.

Flowers Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.443 99.695 7.066
201406 5.469 100.560 7.039
201409 5.531 100.428 7.128
201412 5.365 99.070 7.009
201503 5.514 99.621 7.163
201506 5.669 100.684 7.287
201509 5.803 100.392 7.481
201512 5.856 99.792 7.595
201603 5.589 100.470 7.199
201606 5.573 101.688 7.093
201609 5.670 101.861 7.204
201612 5.806 101.863 7.377
201703 5.951 102.862 7.487
201706 6.041 103.349 7.565
201709 5.687 104.136 7.068
201712 5.941 104.011 7.392
201803 6.127 105.290 7.531
201806 6.155 106.317 7.492
201809 6.058 106.507 7.361
201812 5.966 105.998 7.284
201903 5.996 107.251 7.235
201906 6.119 108.070 7.328
201909 6.115 108.329 7.305
201912 5.973 108.420 7.130
202003 6.242 108.902 7.418
202006 6.316 108.767 7.515
202009 6.387 109.815 7.527
202012 6.489 109.897 7.642
202103 6.676 111.754 7.731
202106 6.730 114.631 7.598
202109 6.679 115.734 7.469
202112 6.676 117.630 7.345
202203 6.883 121.301 7.344
202206 6.833 125.017 7.074
202209 6.796 125.227 7.024
202212 6.836 125.222 7.065
202303 6.900 127.348 7.012
202306 6.957 128.729 6.994
202309 6.511 129.860 6.489
202312 6.424 129.419 6.424

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.


Flowers Foods  (NYSE:FLO) 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.


Flowers Foods Cyclically Adjusted PB Ratio Related Terms

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


Flowers Foods (Flowers Foods) Business Description

Traded in Other Exchanges
Address
1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.
Executives
R Steve Kinsey officer: EVP & Chief Financial Officer 301 HABERSHAM ROAD, THOMASVILLE GA 31792
Stephanie B Tillman officer: Chief Legal Counsel 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Ryals Mcmullian officer: Chief Strategy Officer 2922 IVANHOE ROAD, TALLAHASSEE FL 32312
Brigitte King director 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Joanne D Smith director C/O DELTA AIR LINES, INC., P.O. BOX 20574, DEPT. 981, ATLANTA GA 30320
H Mark Courtney officer: SVP Sales&Mkt Flowers Bakeries 16 MEANDER TRACE, THOMASVILLE GA 31792
Cindy Cox officer: Chief Human Resources Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Chubb Thomas Caldecot Iii director 999 PEACHTREE ST NE, SUITE 688, ATLANTA GA 30309
Melvin T Stith director 1111 BAY AVENUE, SUITE 501, COLUMBUS GA 31901
Thomas L Winters officer: Chief Supply Chain Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
Heeth Iv Varnedoe officer: Chief Transformation Officer 1919 FLOWERS CIRCLE, THOMASVILLE GA 31757
William Jameson Mcfadden director 140 BROADWAY, NEW YORK NY 10005
Brad Cashaw officer: Chief Supply Chain Officer 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Terry S Thomas director 6430 STEFANI DRIVE, DALLAS TX 75225
Casey Edward J. Jr. director 835 HAMILTON STREET, SUITE 150, ALLENTOWN PA 18101

Flowers Foods (Flowers Foods) Headlines