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Perrigo Co (BSP:P1RG34) Cyclically Adjusted Book per Share : R$260.98 (As of Mar. 2024)


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What is Perrigo 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.

Perrigo Co's adjusted book value per share for the three months ended in Mar. 2024 was R$171.242. 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$260.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Perrigo Co's average Cyclically Adjusted Book Growth Rate was -1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.30% 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 Perrigo Co was 37.40% per year. The lowest was 3.40% per year. And the median was 8.70% per year.

As of today (2024-05-15), Perrigo Co's current stock price is R$153.30. Perrigo Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$260.98. Perrigo Co's Cyclically Adjusted PB Ratio of today is 0.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Perrigo Co was 12.62. The lowest was 0.47. And the median was 1.68.


Perrigo Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Perrigo 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.

Perrigo Co Cyclically Adjusted Book per Share Chart

Perrigo Co Annual Data
Trend Jun14 Jun15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 252.58 254.76 325.06 259.69

Perrigo Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 315.94 279.53 300.17 259.69 260.98

Competitive Comparison of Perrigo Co's Cyclically Adjusted Book per Share

For the Drug Manufacturers - Specialty & Generic subindustry, Perrigo 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.


Perrigo Co's Cyclically Adjusted PB Ratio Distribution in the Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Perrigo Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Perrigo 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, Perrigo Co's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=171.242/120.1096*120.1096
=171.242

Current CPI (Mar. 2024) = 120.1096.

Perrigo Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 145.271 100.773 173.147
201409 152.194 100.474 181.938
201412 182.291 99.576 219.880
201503 213.867 99.975 256.939
201506 227.567 100.573 271.772
201509 286.175 100.274 342.784
201512 272.190 99.676 327.989
201603 254.297 99.676 306.428
201606 236.681 101.072 281.263
201609 196.732 100.274 235.648
201612 139.355 99.676 167.923
201703 132.336 100.374 158.356
201706 140.533 100.673 167.666
201709 134.415 100.474 160.684
201712 144.402 100.075 173.311
201803 145.651 100.573 173.944
201806 161.613 101.072 192.055
201809 171.114 101.371 202.746
201812 161.965 100.773 193.044
201903 160.987 101.670 190.186
201906 162.342 102.168 190.851
201909 174.308 102.268 204.718
201912 175.031 102.068 205.969
202003 207.436 102.367 243.389
202006 224.656 101.769 265.143
202009 230.254 101.072 273.625
202012 218.586 101.072 259.759
202103 234.606 102.367 275.268
202106 207.429 103.364 241.034
202109 204.621 104.859 234.380
202112 217.731 106.653 245.202
202203 188.722 109.245 207.491
202206 181.875 112.734 193.775
202209 179.307 113.431 189.864
202212 188.558 115.425 196.211
202303 186.089 117.618 190.032
202306 173.808 119.611 174.532
202309 172.694 120.708 171.838
202312 172.404 120.110 172.404
202403 171.242 120.110 171.242

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


Perrigo Co  (BSP:P1RG34) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=153.30/260.98
=0.59

* 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 Perrigo Co was 12.62. The lowest was 0.47. And the median was 1.68.


Be Aware

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


Perrigo Co Cyclically Adjusted Book per Share Related Terms

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


Perrigo Co (BSP:P1RG34) Business Description

Industry
Traded in Other Exchanges
Address
The Sharp Building, Hogan Place, Dublin, IRL, D02 TY74
Perrigo is one of the largest consumer health companies in the world. Since 2018, Perrigo divested its animal health and generic pharmaceuticals businesses to solely focus on consumer self-care. In North America (two thirds of total sales), the firm's product mix is anchored in private-label consumer health goods, which are sold to major retailers like Walmart, Amazon, Costco, and CVS. Perrigo also plays in Europe, Australia, and parts of Asia where it primarily generates revenue through its national brands, including Compeed, Solpadeine, Coldrex, and ellaOne.

Perrigo Co (BSP:P1RG34) Headlines

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