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Archer-Daniels Midland Co (LTS:0JQQ) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2024)


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What is Archer-Daniels Midland Co Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Archer-Daniels Midland Co's adjusted book value per share for the three months ended in Mar. 2024 was $45.173. 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 $0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Archer-Daniels Midland Co's average Cyclically Adjusted Book Growth Rate was 5.40% 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 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Archer-Daniels Midland Co was 11.40% per year. The lowest was 4.60% per year. And the median was 6.50% per year.

As of today (2024-06-09), Archer-Daniels Midland Co's current stock price is $61.16. Archer-Daniels Midland Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.00. Archer-Daniels Midland Co's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Archer-Daniels Midland Co was 2.57. The lowest was 0.95. And the median was 1.65.


Archer-Daniels Midland Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Archer-Daniels Midland Co'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.

Archer-Daniels Midland Co Cyclically Adjusted Book per Share Chart

Archer-Daniels Midland Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
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Archer-Daniels Midland Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Archer-Daniels Midland Co's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Archer-Daniels Midland Co'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.


Archer-Daniels Midland Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Archer-Daniels Midland Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Archer-Daniels Midland Co's Cyclically Adjusted PB Ratio falls into.



Archer-Daniels Midland Co 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, Archer-Daniels Midland Co'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)
=45.173/131.7762*131.7762
=45.173

Current CPI (Mar. 2024) = 131.7762.

Archer-Daniels Midland Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 31.148 100.560 40.817
201409 31.310 100.428 41.083
201412 30.730 99.070 40.875
201503 29.958 99.621 39.628
201506 29.576 100.684 38.709
201509 29.046 100.392 38.126
201512 29.683 99.792 39.197
201603 29.982 100.470 39.324
201606 29.722 101.688 38.516
201609 29.776 101.861 38.521
201612 29.356 101.863 37.977
201703 29.570 102.862 37.882
201706 30.333 103.349 38.676
201709 30.879 104.136 39.075
201712 32.355 104.011 40.992
201803 33.154 105.290 41.494
201806 32.998 106.317 40.900
201809 33.428 106.507 41.359
201812 33.476 105.998 41.617
201903 33.383 107.251 41.017
201906 33.489 108.070 40.835
201909 33.522 108.329 40.777
201912 33.996 108.420 41.319
202003 33.603 108.902 40.661
202006 34.329 108.767 41.591
202009 34.381 109.815 41.257
202012 35.026 109.897 41.999
202103 36.952 111.754 43.572
202106 38.131 114.631 43.834
202109 38.814 115.734 44.194
202112 39.712 117.630 44.488
202203 41.764 121.301 45.371
202206 42.945 125.017 45.267
202209 42.623 125.227 44.852
202212 43.834 125.222 46.128
202303 45.118 127.348 46.687
202306 45.676 128.729 46.757
202309 46.719 129.860 47.409
202312 45.532 129.419 46.361
202403 45.173 131.776 45.173

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


Archer-Daniels Midland Co  (LTS:0JQQ) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Archer-Daniels Midland Co was 2.57. The lowest was 0.95. And the median was 1.65.


Be Aware

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


Archer-Daniels Midland Co Cyclically Adjusted Book per Share Related Terms

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


Archer-Daniels Midland Co (LTS:0JQQ) Business Description

Address
77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

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