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Fresh Del Monte Produce (FRA:FDM) Cyclically Adjusted Book per Share : €39.78 (As of Mar. 2024)


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What is Fresh Del Monte Produce 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.

Fresh Del Monte Produce's adjusted book value per share for the three months ended in Mar. 2024 was €36.720. 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 €39.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fresh Del Monte Produce's average Cyclically Adjusted Book Growth Rate was 3.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Fresh Del Monte Produce was 10.90% per year. The lowest was 3.60% per year. And the median was 5.70% per year.

As of today (2024-05-21), Fresh Del Monte Produce's current stock price is €22.20. Fresh Del Monte Produce's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €39.78. Fresh Del Monte Produce's Cyclically Adjusted PB Ratio of today is 0.56.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fresh Del Monte Produce was 2.18. The lowest was 0.53. And the median was 0.97.


Fresh Del Monte Produce Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fresh Del Monte Produce'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.

Fresh Del Monte Produce Cyclically Adjusted Book per Share Chart

Fresh Del Monte Produce 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 31.60 29.53 34.32 38.77 38.26

Fresh Del Monte Produce 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 38.49 38.89 40.68 38.26 39.78

Competitive Comparison of Fresh Del Monte Produce's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Fresh Del Monte Produce'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.


Fresh Del Monte Produce's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Fresh Del Monte Produce's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Fresh Del Monte Produce's Cyclically Adjusted PB Ratio falls into.



Fresh Del Monte Produce 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, Fresh Del Monte Produce'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)
=36.72/131.7762*131.7762
=36.720

Current CPI (Mar. 2024) = 131.7762.

Fresh Del Monte Produce Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.909 100.560 31.331
201409 25.481 100.428 33.435
201412 26.300 99.070 34.983
201503 30.509 99.621 40.357
201506 30.313 100.684 39.674
201509 30.392 100.392 39.893
201512 29.841 99.792 39.405
201603 30.204 100.470 39.615
201606 30.999 101.688 40.171
201609 31.551 101.861 40.817
201612 33.139 101.863 42.871
201703 33.267 102.862 42.618
201706 32.544 103.349 41.496
201709 30.686 104.136 38.831
201712 30.629 104.011 38.805
201803 29.955 105.290 37.491
201806 31.296 106.317 38.790
201809 30.883 106.507 38.210
201812 30.702 105.998 38.169
201903 31.370 107.251 38.544
201906 31.944 108.070 38.951
201909 32.924 108.329 40.050
201912 32.225 108.420 39.167
202003 31.908 108.902 38.610
202006 31.798 108.767 38.525
202009 30.795 109.815 36.954
202012 29.984 109.897 35.954
202103 31.610 111.754 37.273
202106 31.871 114.631 36.638
202109 32.366 115.734 36.852
202112 33.541 117.630 37.575
202203 35.184 121.301 38.222
202206 36.813 125.017 38.803
202209 39.858 125.227 41.943
202212 37.585 125.222 39.552
202303 37.758 127.348 39.071
202306 38.953 128.729 39.875
202309 39.529 129.860 40.112
202312 36.509 129.419 37.174
202403 36.720 131.776 36.720

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


Fresh Del Monte Produce  (FRA:FDM) 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.

Fresh Del Monte Produce's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.20/39.78
=0.56

* 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 Fresh Del Monte Produce was 2.18. The lowest was 0.53. And the median was 0.97.


Be Aware

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


Fresh Del Monte Produce Cyclically Adjusted Book per Share Related Terms

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


Fresh Del Monte Produce (FRA:FDM) Business Description

Traded in Other Exchanges
Address
87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107
Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.

Fresh Del Monte Produce (FRA:FDM) Headlines