GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Campbell Soup Co (BSP:C1PB34) » Definitions » Cyclically Adjusted Book per Share

Campbell Soup Co (BSP:C1PB34) Cyclically Adjusted Book per Share : R$41.52 (As of Jan. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Campbell Soup Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Campbell Soup Co's adjusted book value per share for the three months ended in Jan. 2024 was R$63.503. 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 R$41.52 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Campbell Soup Co's average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Campbell Soup Co was 16.80% per year. The lowest was -11.60% per year. And the median was 3.60% per year.

As of today (2024-05-19), Campbell Soup Co's current stock price is R$229.31. Campbell Soup Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was R$41.52. Campbell Soup Co's Cyclically Adjusted PB Ratio of today is 5.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Campbell Soup Co was 16.17. The lowest was 4.87. And the median was 9.99.


Campbell Soup Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Campbell Soup Co's Cyclically Adjusted Book per Share 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.

Campbell Soup Co Cyclically Adjusted Book per Share Chart

Campbell Soup Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 24.68 31.50 33.28 49.28

Campbell Soup Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 43.69 40.35 49.28 41.42 41.52

Competitive Comparison of Campbell Soup Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Campbell Soup 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.


Campbell Soup Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Campbell Soup Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Campbell Soup Co'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)
=63.503/130.1244*130.1244
=63.503

Current CPI (Jan. 2024) = 130.1244.

Campbell Soup Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 11.463 100.023 14.913
201407 11.476 100.520 14.856
201410 12.662 100.176 16.447
201501 12.886 98.604 17.005
201504 15.621 99.824 20.363
201507 14.384 100.691 18.589
201510 17.676 100.346 22.921
201601 20.029 99.957 26.074
201604 19.328 100.947 24.915
201607 16.231 101.524 20.804
201610 16.487 101.988 21.035
201701 15.375 102.456 19.527
201704 15.292 103.167 19.288
201707 17.400 103.278 21.923
201710 17.828 104.070 22.291
201801 20.720 104.578 25.782
201804 15.901 105.708 19.574
201807 17.320 106.324 21.197
201810 17.568 106.695 21.426
201901 15.749 106.200 19.297
201904 15.900 107.818 19.189
201907 13.846 108.250 16.644
201910 16.749 108.577 20.073
202001 34.282 108.841 40.986
202004 45.336 108.173 54.536
202007 44.755 109.318 53.273
202010 51.407 109.861 60.889
202101 51.760 110.364 61.027
202104 55.006 112.673 63.526
202107 53.867 115.183 60.855
202110 59.361 116.696 66.192
202201 61.343 118.619 67.293
202204 53.776 121.978 57.367
202207 59.804 125.002 62.255
202210 60.900 125.734 63.026
202301 62.497 126.223 64.429
202304 60.427 127.992 61.434
202307 58.975 128.974 59.501
202310 63.708 129.810 63.862
202401 63.503 130.124 63.503

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Campbell Soup Co  (BSP:C1PB34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Campbell Soup Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=229.31/41.52
=5.52

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Campbell Soup Co was 16.17. The lowest was 4.87. And the median was 9.99.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Campbell Soup Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Campbell Soup Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Campbell Soup Co (BSP:C1PB34) Business Description

Traded in Other Exchanges
Address
1 Campbell Place, Camden, NJ, USA, 08103-1799
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations in calendar 2019, the firm derives nearly all of its sales from the United States. Campbell has made a handful of acquisitions to reshape its product mix in the past several years, including the tie-up with Snyder's-Lance in March 2018, which enhanced its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.

Campbell Soup Co (BSP:C1PB34) Headlines

No Headlines