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Pilgrims Pride (FRA:6PP) Cyclically Adjusted Book per Share : €9.65 (As of Jun. 2024)


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What is Pilgrims Pride 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.

Pilgrims Pride's adjusted book value per share for the three months ended in Jun. 2024 was €14.631. 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 €9.65 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Pilgrims Pride's average Cyclically Adjusted Book Growth Rate was 9.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.50% 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 Pilgrims Pride was 16.30% per year. The lowest was -17.50% per year. And the median was 5.30% per year.

As of today (2024-09-25), Pilgrims Pride's current stock price is €38.40. Pilgrims Pride's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €9.65. Pilgrims Pride's Cyclically Adjusted PB Ratio of today is 3.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Pilgrims Pride was 6.56. The lowest was 2.20. And the median was 3.35.


Pilgrims Pride Cyclically Adjusted Book per Share Historical Data

The historical data trend for Pilgrims Pride'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.

Pilgrims Pride Cyclically Adjusted Book per Share Chart

Pilgrims Pride 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 5.34 5.22 6.65 8.21 8.82

Pilgrims Pride Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 8.40 9.01 8.82 9.45 9.65

Competitive Comparison of Pilgrims Pride's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Pilgrims Pride'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.


Pilgrims Pride's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Pilgrims Pride 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, Pilgrims Pride's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=14.631/132.5538*132.5538
=14.631

Current CPI (Jun. 2024) = 132.5538.

Pilgrims Pride Quarterly Data

Book Value per Share CPI Adj_Book
201409 6.075 100.428 8.018
201412 6.869 99.070 9.191
201503 3.224 99.621 4.290
201506 3.970 100.684 5.227
201509 4.285 100.392 5.658
201512 4.535 99.792 6.024
201603 4.825 100.470 6.366
201606 2.853 101.688 3.719
201609 3.183 101.861 4.142
201612 7.909 101.863 10.292
201703 3.644 102.862 4.696
201706 4.292 103.349 5.505
201709 5.735 104.136 7.300
201712 6.271 104.011 7.992
201803 6.305 105.290 7.938
201806 7.032 106.317 8.767
201809 7.085 106.507 8.818
201812 7.096 105.998 8.874
201903 7.574 107.251 9.361
201906 8.035 108.070 9.855
201909 8.440 108.329 10.327
201912 9.108 108.420 11.135
202003 8.992 108.902 10.945
202006 8.551 108.767 10.421
202009 8.435 109.815 10.182
202012 8.654 109.897 10.438
202103 9.390 111.754 11.138
202106 8.796 114.631 10.171
202109 9.084 115.734 10.404
202112 9.360 117.630 10.548
202203 10.405 121.301 11.370
202206 11.308 125.017 11.990
202209 11.651 125.227 12.333
202212 11.341 125.222 12.005
202303 11.416 127.348 11.883
202306 11.928 128.729 12.282
202309 12.181 129.860 12.434
202312 12.901 129.419 13.213
202403 13.515 131.776 13.595
202406 14.631 132.554 14.631

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


Pilgrims Pride  (FRA:6PP) 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.

Pilgrims Pride's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=38.40/9.65
=3.98

* 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 Pilgrims Pride was 6.56. The lowest was 2.20. And the median was 3.35.


Be Aware

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


Pilgrims Pride Cyclically Adjusted Book per Share Related Terms

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


Pilgrims Pride Business Description

Traded in Other Exchanges
Address
1770 Promontory Circle, Greeley, CO, USA, 80634-9038
Pilgrim's Pride is the second-largest poultry producer in the U.S. (62% of 2022 sales), the U.K. (28% including other European sales), and Mexico (11%). Its U.K. and European arm also includes pork operations from the 2019 acquisition of Tulip. Pilgrim's sells to chain restaurants, food processors, food distributors, and retail chains. Most of its U.S. and Mexican sales come from fresh chicken, while prepared chicken and pork constitute most of its U.K. and European sales. JBS owns more than 80% of Pilgrim's Pride's outstanding shares, though it failed to acquire the remaining stake in 2021 after a special board committee deemed JBS' offer undervalued Pilgrim's Pride.

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