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Marfrig Global Foods (BSP:MRFG3) Cyclically Adjusted Book per Share : R$4.71 (As of Mar. 2025)


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What is Marfrig Global Foods 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.

Marfrig Global Foods's adjusted book value per share for the three months ended in Mar. 2025 was R$3.286. 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$4.71 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Marfrig Global Foods's average Cyclically Adjusted Book Growth Rate was 1.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -13.80% 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 Marfrig Global Foods was -9.20% per year. The lowest was -18.80% per year. And the median was -15.20% per year.

As of today (2025-05-30), Marfrig Global Foods's current stock price is R$25.85. Marfrig Global Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was R$4.71. Marfrig Global Foods's Cyclically Adjusted PB Ratio of today is 5.49.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Marfrig Global Foods was 5.32. The lowest was 0.46. And the median was 1.62.


Marfrig Global Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Marfrig Global Foods'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.

Marfrig Global Foods Cyclically Adjusted Book per Share Chart

Marfrig Global Foods Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.61 6.11 4.94 4.64 4.58

Marfrig Global Foods Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.66 4.62 4.60 4.58 4.71

Competitive Comparison of Marfrig Global Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Marfrig Global 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.


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

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

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


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Marfrig Global Foods 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, Marfrig Global Foods's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=3.286/168.1016*168.1016
=3.286

Current CPI (Mar. 2025) = 168.1016.

Marfrig Global Foods Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.392 100.006 2.340
201509 1.610 101.392 2.669
201512 1.228 104.247 1.980
201603 1.576 106.979 2.476
201606 2.929 108.851 4.523
201609 2.561 109.986 3.914
201612 1.729 110.802 2.623
201703 4.478 111.869 6.729
201706 3.979 112.115 5.966
201709 4.146 112.777 6.180
201712 3.831 114.068 5.646
201803 3.494 114.868 5.113
201806 1.018 117.038 1.462
201809 0.329 117.881 0.469
201812 1.082 118.340 1.537
201903 1.150 120.124 1.609
201906 1.349 120.977 1.874
201909 0.565 121.292 0.783
201912 0.877 123.436 1.194
202003 -1.473 124.092 -1.995
202006 0.524 123.557 0.713
202009 1.377 125.095 1.850
202012 3.010 129.012 3.922
202103 3.339 131.660 4.263
202106 6.082 133.871 7.637
202109 7.071 137.913 8.619
202112 5.866 141.992 6.945
202203 5.060 146.537 5.805
202206 10.522 149.784 11.809
202209 10.298 147.800 11.713
202212 8.395 150.207 9.395
202303 7.285 153.352 7.986
202306 6.327 154.519 6.883
202309 6.540 155.464 7.072
202312 8.213 157.148 8.785
202403 7.946 159.372 8.381
202406 6.266 161.052 6.540
202409 6.058 162.342 6.273
202412 3.201 164.740 3.266
202503 3.286 168.102 3.286

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


Marfrig Global Foods  (BSP:MRFG3) 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.

Marfrig Global Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.85/4.71
=5.49

* 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 Marfrig Global Foods was 5.32. The lowest was 0.46. And the median was 1.62.


Be Aware

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


Marfrig Global Foods Cyclically Adjusted Book per Share Related Terms

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


Marfrig Global Foods Business Description

Traded in Other Exchanges
Address
Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Processing of products (formed by cattle slaughter facilities in operation, which are also used in beef processing, and for the manufacture of animal nutrition products) and sale of animal-based (beef, pork, lamb, fish, and poultry) and plant-based proteins. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF, and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods Headlines

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