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Seaboard (FRA:S0V) Cyclically Adjusted Book per Share : €3,393.11 (As of Mar. 2024)


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What is Seaboard 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.

Seaboard's adjusted book value per share for the three months ended in Mar. 2024 was €4,392.231. 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 €3,393.11 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Seaboard's average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.40% 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 Seaboard was 16.30% per year. The lowest was 5.80% per year. And the median was 10.90% per year.

As of today (2024-05-26), Seaboard's current stock price is €3080.00. Seaboard's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3,393.11. Seaboard's Cyclically Adjusted PB Ratio of today is 0.91.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seaboard was 3.10. The lowest was 0.83. And the median was 1.72.


Seaboard Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seaboard'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.

Seaboard Cyclically Adjusted Book per Share Chart

Seaboard 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 2,150.99 2,161.30 2,598.57 3,127.06 3,253.88

Seaboard 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 3,170.88 3,179.47 3,369.04 3,253.88 3,393.11

Competitive Comparison of Seaboard's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Seaboard'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.


Seaboard's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Seaboard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seaboard 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, Seaboard'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)
=4392.231/131.7762*131.7762
=4,392.231

Current CPI (Mar. 2024) = 131.7762.

Seaboard Quarterly Data

Book Value per Share CPI Adj_Book
201406 1,594.229 100.560 2,089.126
201409 1,748.487 100.428 2,294.275
201412 1,891.444 99.070 2,515.878
201503 2,167.024 99.621 2,866.483
201506 2,118.362 100.684 2,772.536
201509 2,115.792 100.392 2,777.237
201512 2,255.494 99.792 2,978.387
201603 2,228.602 100.470 2,923.017
201606 2,277.938 101.688 2,951.948
201609 2,333.780 101.861 3,019.180
201612 2,560.827 101.863 3,312.852
201703 2,592.008 102.862 3,320.607
201706 2,512.879 103.349 3,204.069
201709 2,424.789 104.136 3,068.398
201712 2,452.236 104.011 3,106.845
201803 2,368.116 105.290 2,963.841
201806 2,488.546 106.317 3,084.471
201809 2,498.043 106.507 3,090.722
201812 2,494.417 105.998 3,101.050
201903 2,550.651 107.251 3,133.926
201906 2,588.758 108.070 3,156.642
201909 2,650.298 108.329 3,223.928
201912 2,774.520 108.420 3,372.213
202003 2,671.854 108.902 3,233.075
202006 2,585.710 108.767 3,132.697
202009 2,585.516 109.815 3,102.580
202012 2,702.988 109.897 3,241.127
202103 2,901.118 111.754 3,420.879
202106 2,983.132 114.631 3,429.303
202109 3,128.974 115.734 3,562.680
202112 3,366.840 117.630 3,771.753
202203 3,531.780 121.301 3,836.774
202206 3,765.158 125.017 3,968.732
202209 4,134.737 125.227 4,350.995
202212 4,062.978 125.222 4,275.644
202303 4,015.915 127.348 4,155.565
202306 4,010.762 128.729 4,105.712
202309 4,169.270 129.860 4,230.808
202312 4,359.022 129.419 4,438.402
202403 4,392.231 131.776 4,392.231

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


Seaboard  (FRA:S0V) 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.

Seaboard's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3080.00/3393.11
=0.91

* 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 Seaboard was 3.10. The lowest was 0.83. And the median was 1.72.


Be Aware

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


Seaboard Cyclically Adjusted Book per Share Related Terms

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


Seaboard (FRA:S0V) Business Description

Industry
Traded in Other Exchanges
Address
9000 West 67th Street, Merriam, KS, USA, 66202
Seaboard Corp is a diversified group of companies that operate in agricultural and ocean transport businesses. The company is engaged in hog production and pork processing in the United States; commodity trading and grain processing in Africa and South America; cargo shipping services in the U.S., Caribbean and Central and South America; sugar and alcohol production in Argentina; and electric power generation in the Dominican Republic. It also has an equity method investment in Butterball, LLC, a producer and processor of turkey products. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, and turkey. It operates in 45 countries, with a concentration in the U.S. and countries in Central and South America and Africa.

Seaboard (FRA:S0V) Headlines

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