GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Lancaster Colony Corp (FRA:LC1) » Definitions » Cyclically Adjusted Book per Share

Lancaster Colony (FRA:LC1) Cyclically Adjusted Book per Share : €29.36 (As of Mar. 2025)


View and export this data going back to 2010. Start your Free Trial

What is Lancaster Colony 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.

Lancaster Colony's adjusted book value per share for the three months ended in Mar. 2025 was €33.426. 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 €29.36 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Lancaster Colony's average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.80% 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 Lancaster Colony was 12.20% per year. The lowest was 0.80% per year. And the median was 7.20% per year.

As of today (2025-05-23), Lancaster Colony's current stock price is €142.00. Lancaster Colony's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €29.36. Lancaster Colony's Cyclically Adjusted PB Ratio of today is 4.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Lancaster Colony was 8.96. The lowest was 4.46. And the median was 6.60.


Lancaster Colony Cyclically Adjusted Book per Share Historical Data

The historical data trend for Lancaster Colony'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.

Lancaster Colony Cyclically Adjusted Book per Share Chart

Lancaster Colony Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.69 20.94 26.27 26.53 28.50

Lancaster Colony Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 28.12 28.50 27.63 30.37 29.36

Competitive Comparison of Lancaster Colony's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Lancaster Colony'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.


Lancaster Colony's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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


;
;

Lancaster Colony 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, Lancaster Colony's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=33.426/134.9266*134.9266
=33.426

Current CPI (Mar. 2025) = 134.9266.

Lancaster Colony Quarterly Data

Book Value per Share CPI Adj_Book
201506 18.917 100.684 25.351
201509 19.429 100.392 26.113
201512 16.184 99.792 21.882
201603 16.334 100.470 21.936
201606 16.668 101.688 22.116
201609 17.366 101.861 23.003
201612 19.336 101.863 25.612
201703 19.052 102.862 24.991
201706 18.676 103.349 24.382
201709 18.055 104.136 23.394
201712 19.116 104.011 24.798
201803 18.679 105.290 23.937
201806 20.313 106.317 25.779
201809 21.013 106.507 26.620
201812 22.523 105.998 28.670
201903 23.006 107.251 28.943
201906 23.400 108.070 29.215
201909 24.766 108.329 30.847
201912 25.280 108.420 31.460
202003 25.433 108.902 31.511
202006 25.271 108.767 31.349
202009 24.696 109.815 30.343
202012 24.659 109.897 30.275
202103 25.345 111.754 30.600
202106 25.419 114.631 29.919
202109 26.246 115.734 30.598
202112 27.803 117.630 31.891
202203 27.666 121.301 30.774
202206 29.036 125.017 31.338
202209 31.599 125.227 34.047
202212 30.115 125.222 32.449
202303 29.632 127.348 31.395
202306 28.911 128.729 30.303
202309 29.924 129.860 31.092
202312 30.265 129.419 31.553
202403 30.509 131.776 31.238
202406 31.244 132.554 31.803
202409 30.889 133.029 31.330
202412 33.939 133.157 34.390
202503 33.426 134.927 33.426

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


Lancaster Colony  (FRA:LC1) 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.

Lancaster Colony's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=142.00/29.36
=4.84

* 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 Lancaster Colony was 8.96. The lowest was 4.46. And the median was 6.60.


Be Aware

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


Lancaster Colony Cyclically Adjusted Book per Share Related Terms

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


Lancaster Colony Business Description

Traded in Other Exchanges
Address
380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082
Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.

Lancaster Colony Headlines

No Headlines