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International Flavors & Fragrances (BUE:IFF) Cyclically Adjusted Book per Share : ARS5,608.83 (As of Dec. 2024)


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What is International Flavors & Fragrances 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.

International Flavors & Fragrances's adjusted book value per share for the three months ended in Dec. 2024 was ARS109,626.490. 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 ARS5,608.83 for the trailing ten years ended in Dec. 2024.

During the past 12 months, International Flavors & Fragrances's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 19.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 17.90% 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 International Flavors & Fragrances was 25.30% per year. The lowest was -2.70% per year. And the median was 5.00% per year.

As of today (2025-05-10), International Flavors & Fragrances's current stock price is ARS7030.00. International Flavors & Fragrances's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was ARS5,608.83. International Flavors & Fragrances's Cyclically Adjusted PB Ratio of today is 1.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of International Flavors & Fragrances was 9.58. The lowest was 1.22. And the median was 4.86.


International Flavors & Fragrances Cyclically Adjusted Book per Share Historical Data

The historical data trend for International Flavors & Fragrances'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.

International Flavors & Fragrances Cyclically Adjusted Book per Share Chart

International Flavors & Fragrances 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 17.52 16.56 1,319.55 4,242.89 5,608.83

International Flavors & Fragrances Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 4,242.89 4,866.38 6,194.96 5,699.01 5,608.83

Competitive Comparison of International Flavors & Fragrances's Cyclically Adjusted Book per Share

For the Specialty Chemicals subindustry, International Flavors & Fragrances'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.


International Flavors & Fragrances's Cyclically Adjusted PB Ratio Distribution in the Chemicals Industry

For the Chemicals industry and Basic Materials sector, International Flavors & Fragrances's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where International Flavors & Fragrances's Cyclically Adjusted PB Ratio falls into.


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International Flavors & Fragrances 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, International Flavors & Fragrances's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=109626.49/133.1571*133.1571
=109,626.490

Current CPI (Dec. 2024) = 133.1571.

International Flavors & Fragrances Quarterly Data

Book Value per Share CPI Adj_Book
201503 341.729 99.621 456.767
201506 365.369 100.684 483.210
201509 372.524 100.392 494.108
201512 514.445 99.792 686.445
201603 596.902 100.470 791.096
201606 587.651 101.688 769.509
201609 635.805 101.861 831.152
201612 650.896 101.863 850.865
201703 635.082 102.862 822.126
201706 699.119 103.349 900.759
201709 779.819 104.136 997.146
201712 814.709 104.011 1,043.007
201803 905.403 105.290 1,145.041
201806 1,104.202 106.317 1,382.964
201809 3,235.280 106.507 4,044.821
201812 4,266.975 105.998 5,360.276
201903 4,503.462 107.251 5,591.283
201906 5,188.193 108.070 6,392.597
201909 6,343.705 108.329 7,797.600
201912 6,960.157 108.420 8,548.178
202003 6,773.220 108.902 8,281.817
202006 7,667.024 108.767 9,386.265
202009 8,439.712 109.815 10,233.653
202012 9,603.841 109.897 11,636.550
202103 15,667.535 111.754 18,668.111
202106 16,554.263 114.631 19,229.615
202109 16,461.207 115.734 18,939.300
202112 16,726.540 117.630 18,934.515
202203 17,641.946 121.301 19,366.290
202206 19,124.873 125.017 20,370.163
202209 18,407.128 125.227 19,572.852
202212 23,217.507 125.222 24,688.799
202303 27,507.120 127.348 28,761.929
202306 33,143.851 128.729 34,284.034
202309 46,550.694 129.860 47,732.784
202312 41,322.514 129.419 42,515.930
202403 94,314.333 131.776 95,302.665
202406 99,856.501 132.554 100,310.984
202409 109,863.542 133.029 109,969.418
202412 109,626.490 133.157 109,626.490

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


International Flavors & Fragrances  (BUE:IFF) 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.

International Flavors & Fragrances's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=7030.00/5608.83
=1.25

* 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 International Flavors & Fragrances was 9.58. The lowest was 1.22. And the median was 4.86.


Be Aware

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


International Flavors & Fragrances Cyclically Adjusted Book per Share Related Terms

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


International Flavors & Fragrances Business Description

Address
521 West 57th Street, New York, NY, USA, 10019-2960
International Flavors & Fragrances is the largest specialty ingredients producer globally. It sells ingredients for the food, beverage, health, household goods, personal care, and pharmaceutical industries. The company makes proprietary formulations, partnering with customers to deliver custom solutions. The nourish segment, which generates roughly half of revenue, is a leading flavor producer and also sell texturants, plant-based proteins, and other ingredients. The health and biosciences business, which generates around one fourth of revenue, is a global leader in probiotics and enzymes. IFF is also one of the leading fragrance producers in the world.