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JRONY (Jeronimo Martins SGPS) Cyclically Adjusted Book per Share : $7.37 (As of Dec. 2024)


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What is Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS's adjusted book value per share for the three months ended in Dec. 2024 was $10.017. 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 $7.37 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Jeronimo Martins SGPS's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Jeronimo Martins SGPS was 10.40% per year. The lowest was 7.20% per year. And the median was 10.20% per year.

As of today (2025-05-04), Jeronimo Martins SGPS's current stock price is $48.22. Jeronimo Martins SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $7.37. Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio of today is 6.54.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jeronimo Martins SGPS was 9.71. The lowest was 4.50. And the median was 6.61.


Jeronimo Martins SGPS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Cyclically Adjusted Book per Share Chart

Jeronimo Martins SGPS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.01 6.20 6.55 7.22 7.37

Jeronimo Martins SGPS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 7.22 7.32 7.42 7.86 7.37

Competitive Comparison of Jeronimo Martins SGPS's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Jeronimo Martins SGPS'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.


Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Jeronimo Martins SGPS 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, Jeronimo Martins SGPS's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=10.017/121.5852*121.5852
=10.017

Current CPI (Dec. 2024) = 121.5852.

Jeronimo Martins SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201503 5.132 100.097 6.234
201506 5.009 100.769 6.044
201509 5.358 100.489 6.483
201512 4.651 100.119 5.648
201603 5.018 100.547 6.068
201606 4.686 101.319 5.623
201609 5.943 101.122 7.146
201612 5.835 100.998 7.024
201703 6.315 101.924 7.533
201706 5.603 102.240 6.663
201709 6.309 102.527 7.482
201712 6.734 102.479 7.990
201803 7.324 102.626 8.677
201806 5.747 103.790 6.732
201809 6.226 103.960 7.282
201812 6.437 103.159 7.587
201903 6.618 103.495 7.775
201906 6.285 104.192 7.334
201909 6.396 103.844 7.489
201912 6.984 103.592 8.197
202003 6.866 103.544 8.062
202006 6.853 104.323 7.987
202009 7.528 103.699 8.826
202012 7.774 103.354 9.145
202103 7.763 104.014 9.074
202106 7.735 104.852 8.969
202109 7.996 105.232 9.239
202112 8.192 106.191 9.380
202203 8.198 109.559 9.098
202206 6.769 114.003 7.219
202209 6.740 114.999 7.126
202212 7.859 116.377 8.211
202303 8.413 117.701 8.691
202306 8.210 117.872 8.469
202309 8.641 119.111 8.820
202312 9.766 118.032 10.060
202403 10.080 120.396 10.180
202406 9.102 121.165 9.134
202409 10.067 121.574 10.068
202412 10.017 121.585 10.017

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


Jeronimo Martins SGPS  (OTCPK:JRONY) 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.

Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=48.22/7.37
=6.54

* 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 Jeronimo Martins SGPS was 9.71. The lowest was 4.50. And the median was 6.61.


Be Aware

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


Jeronimo Martins SGPS Cyclically Adjusted Book per Share Related Terms

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


Jeronimo Martins SGPS Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, Poland Health and Beauty: includes the Hebe banner business unit which operates in Poland, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.