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Treasury Wine Estates (Treasury Wine Estates) Cyclically Adjusted PB Ratio : 2.06 (As of Apr. 28, 2024)


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What is Treasury Wine Estates Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Treasury Wine Estates's current share price is $7.87. Treasury Wine Estates's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was $3.82. Treasury Wine Estates's Cyclically Adjusted PB Ratio for today is 2.06.

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

TSRYY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.18   Max: 2.71
Current: 2.1

During the past 13 years, Treasury Wine Estates's highest Cyclically Adjusted PB Ratio was 2.71. The lowest was 1.75. And the median was 2.18.

TSRYY's Cyclically Adjusted PB Ratio is ranked worse than
55.97% of 159 companies
in the Beverages - Alcoholic industry
Industry Median: 1.83 vs TSRYY: 2.10

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.

Treasury Wine Estates's adjusted book value per share data of for the fiscal year that ended in Jun23 was $3.554. 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 $3.82 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Treasury Wine Estates Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Treasury Wine Estates'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.

Treasury Wine Estates Cyclically Adjusted PB Ratio Chart

Treasury Wine Estates 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 - 2.09 2.26 2.08 1.96

Treasury Wine Estates Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 2.08 - 1.96 -

Competitive Comparison of Treasury Wine Estates's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Treasury Wine Estates'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.


Treasury Wine Estates's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Treasury Wine Estates's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Treasury Wine Estates's Cyclically Adjusted PB Ratio falls into.



Treasury Wine Estates 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.

Treasury Wine Estates's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.87/3.82
=2.06

* 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.

Treasury Wine Estates's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Treasury Wine Estates's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=3.554/124.1700*124.1700
=3.554

Current CPI (Jun23) = 124.1700.

Treasury Wine Estates Annual Data

Book Value per Share CPI Adj_Book
201406 3.997 98.352 5.046
201506 3.517 99.838 4.374
201606 3.605 100.859 4.438
201706 3.680 102.809 4.445
201806 3.605 104.945 4.265
201906 3.540 106.617 4.123
202006 3.430 106.246 4.009
202106 3.760 110.332 4.232
202206 3.647 117.112 3.867
202306 3.554 124.170 3.554

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.


Treasury Wine Estates  (OTCPK:TSRYY) 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.


Treasury Wine Estates Cyclically Adjusted PB Ratio Related Terms

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


Treasury Wine Estates (Treasury Wine Estates) Business Description

Traded in Other Exchanges
Address
161 Collins Street, Level 8, Melbourne, VIC, AUS, 3000
Treasury Wine Estates is an Australia-based global wine company that demerged from Foster's Group in 2011. The company is among the world's top five wine producers, and owns a portfolio that includes Australian labels such as Penfolds and Wolf Blass, U.S. wines like Chateau St Jean and Sterling, and newly launched names such as 19 Crimes and Maison de Grand Esprit. An acquisition of Diageo's wine business in 2016 added additional U.S. brands including BV and Stags' Leap. Treasury owns over 130 wineries, with more than 13,000 planted hectares.

Treasury Wine Estates (Treasury Wine Estates) Headlines

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