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Lifeway Foods (Lifeway Foods) Cyclically Adjusted PB Ratio : 6.50 (As of May. 15, 2024)


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What is Lifeway Foods Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Lifeway Foods's current share price is $23.00. Lifeway Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.54. Lifeway Foods's Cyclically Adjusted PB Ratio for today is 6.50.

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

LWAY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.76   Max: 10.76
Current: 6.91

During the past years, Lifeway Foods's highest Cyclically Adjusted PB Ratio was 10.76. The lowest was 0.60. And the median was 2.76.

LWAY's Cyclically Adjusted PB Ratio is ranked worse than
92.97% of 1251 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs LWAY: 6.91

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.

Lifeway Foods's adjusted book value per share data for the three months ended in Dec. 2023 was $4.114. 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 $3.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lifeway Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lifeway 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.

Lifeway Foods Cyclically Adjusted PB Ratio Chart

Lifeway 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 0.71 1.86 1.45 1.63 3.79

Lifeway 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 1.63 1.75 1.87 2.93 3.79

Competitive Comparison of Lifeway Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Lifeway 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.


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

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

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



Lifeway 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.00/3.54
=6.50

* 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.

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

For example, Lifeway 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)
=4.114/129.4194*129.4194
=4.114

Current CPI (Dec. 2023) = 129.4194.

Lifeway Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.668 99.695 3.463
201406 2.737 100.560 3.523
201409 2.795 100.428 3.602
201412 2.735 99.070 3.573
201503 2.779 99.621 3.610
201506 2.784 100.684 3.579
201509 2.835 100.392 3.655
201512 2.792 99.792 3.621
201603 2.815 100.470 3.626
201606 2.955 101.688 3.761
201609 2.954 101.861 3.753
201612 2.994 101.863 3.804
201703 3.003 102.862 3.778
201706 3.068 103.349 3.842
201709 3.032 104.136 3.768
201712 2.910 104.011 3.621
201803 2.876 105.290 3.535
201806 2.885 106.317 3.512
201809 2.852 106.507 3.466
201812 2.681 105.998 3.273
201903 2.693 107.251 3.250
201906 2.680 108.070 3.209
201909 2.683 108.329 3.205
201912 2.753 108.420 3.286
202003 2.800 108.902 3.328
202006 2.863 108.767 3.407
202009 2.980 109.815 3.512
202012 3.003 109.897 3.536
202103 3.090 111.754 3.578
202106 3.195 114.631 3.607
202109 3.178 115.734 3.554
202112 3.183 117.630 3.502
202203 3.132 121.301 3.342
202206 3.173 125.017 3.285
202209 3.259 125.227 3.368
202212 3.248 125.222 3.357
202303 3.328 127.348 3.382
202306 3.560 128.729 3.579
202309 3.810 129.860 3.797
202312 4.114 129.419 4.114

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.


Lifeway Foods  (NAS:LWAY) 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.


Lifeway Foods Cyclically Adjusted PB Ratio Related Terms

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


Lifeway Foods (Lifeway Foods) Business Description

Traded in Other Exchanges
Address
6431 West Oakton Street, Morton Grove, IL, USA, 60053
Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.
Executives
Edward Smolyansky officer: CFO, Treasurer
Julie Smolyansky director, officer: President and CEO
Ludmila Smolyansky director, 10 percent owner
Juan Carlos Dalto director 3059 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Perfecto Sanchez director 153 DIEHL ROAD, CALLICOON NY 12723
Dorri Mcwhorter director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
Jody Levy director 6431 OAKTON STREET, C/O LIFEWAY FOODS, INC., MORTON GROVE IL 60053
George Sent director C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Amy M. Feldman officer: SENIOR EXECUTIVE VP OF SALES C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Neha J Clark officer: Chief Financial Officer C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Eric A Hanson officer: Chief Accounting Officer C/O LIFEWAY FOODS, 6431 OAKTON STREET, MORTON GROVE IL 60053
Laurent Marcel director C/O DANONE NA, 1 MAPLE AVE, WHITE PLAINS NY 10605
Douglas Hass officer: Gen Counsel & Asst Corp Sec. 1205 KIMBALL BLVD., JASPER IN 47546
Jennifer Reilly officer: Sr Exec V. President of Sales 6431 W. OAKTON STREET, MORTON GROVE IL 60053
John P Waldron officer: Chief Financial officer LIFEWAY FOODS, INC., 6431 W. OAKTON STREET, MORTON GROVE IL 60053