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Village Farms International (FRA:02V) Cyclically Adjusted Book per Share : €2.64 (As of Mar. 2024)


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What is Village Farms International 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.

Village Farms International's adjusted book value per share for the three months ended in Mar. 2024 was €2.472. 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 €2.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Village Farms International's average Cyclically Adjusted Book Growth Rate was 4.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.60% 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 Village Farms International was 8.40% per year. The lowest was -1.10% per year. And the median was 3.70% per year.

As of today (2024-06-23), Village Farms International's current stock price is €0.877. Village Farms International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.64. Village Farms International's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Village Farms International was 7.75. The lowest was 0.20. And the median was 1.34.


Village Farms International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Village Farms International'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.

Village Farms International Cyclically Adjusted Book per Share Chart

Village Farms International Annual Data
Trend Dec14 Dec15 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 1.95 1.76 2.15 2.47 2.54

Village Farms International 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 2.48 2.35 2.60 2.54 2.64

Competitive Comparison of Village Farms International's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Village Farms International'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.


Village Farms International's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Village Farms International's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Village Farms International's Cyclically Adjusted PB Ratio falls into.



Village Farms International 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, Village Farms International'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)
=2.472/126.2576*126.2576
=2.472

Current CPI (Mar. 2024) = 126.2576.

Village Farms International Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.150 99.473 1.460
201409 1.177 99.394 1.495
201412 1.278 98.367 1.640
201503 1.431 99.789 1.811
201506 1.401 100.500 1.760
201509 1.391 100.421 1.749
201512 1.489 99.947 1.881
201603 1.455 101.054 1.818
201606 1.425 102.002 1.764
201609 1.394 101.765 1.730
201612 1.643 101.449 2.045
201703 1.617 102.634 1.989
201706 1.601 103.029 1.962
201709 1.518 103.345 1.855
201712 1.621 103.345 1.980
201803 1.526 105.004 1.835
201806 1.647 105.557 1.970
201809 1.614 105.636 1.929
201812 1.557 105.399 1.865
201903 2.015 106.979 2.378
201906 2.409 107.690 2.824
201909 2.390 107.611 2.804
201912 2.161 107.769 2.532
202003 2.226 107.927 2.604
202006 2.184 108.401 2.544
202009 2.401 108.164 2.803
202012 2.522 108.559 2.933
202103 3.589 110.298 4.108
202106 3.522 111.720 3.980
202109 3.798 112.905 4.247
202112 4.096 113.774 4.545
202203 4.168 117.646 4.473
202206 3.893 120.806 4.069
202209 3.888 120.648 4.069
202212 3.117 120.964 3.253
202303 2.732 122.702 2.811
202306 2.729 124.203 2.774
202309 2.724 125.230 2.746
202312 2.517 125.072 2.541
202403 2.472 126.258 2.472

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


Village Farms International  (FRA:02V) 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.

Village Farms International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.877/2.64
=0.33

* 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 Village Farms International was 7.75. The lowest was 0.20. And the median was 1.34.


Be Aware

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


Village Farms International Cyclically Adjusted Book per Share Related Terms

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


Village Farms International (FRA:02V) Business Description

Traded in Other Exchanges
Address
4700 - 80th Street, Delta, BC, CAN, V4K 3N3
Village Farms International Inc owns and operates intensive agricultural greenhouse facilities in British Columbia and Texas, where it produces, markets and sells tomatoes, bell peppers and cucumbers. Its wholly owned subsidiary, Pure Sunfarms, is a vertically integrated licensed producer and supplier of cannabis products sold to other licensed providers and provincial governments across Canada and internationally. The Company's wholly owned subsidiary, Balanced Health, develops and sells, cannabidiol (CBD) based products including ingestible, edible and topical applications. Through its 70% ownership of Rose, the Company has a presence in the Province of Quebec as a cannabis supplier, producer and commercialization.

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