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The Kraft Heinz Co (LTS:0JRV) Cyclically Adjusted Book per Share : $48.91 (As of Sep. 2024)


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What is The Kraft Heinz Co 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.

The Kraft Heinz Co's adjusted book value per share for the three months ended in Sep. 2024 was $39.974. 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 $48.91 for the trailing ten years ended in Sep. 2024.

During the past 12 months, The Kraft Heinz Co's average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 3 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 The Kraft Heinz Co was 10.40% per year. The lowest was 10.40% per year. And the median was 10.40% per year.

As of today (2024-12-14), The Kraft Heinz Co's current stock price is $31.41. The Kraft Heinz Co's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $48.91. The Kraft Heinz Co's Cyclically Adjusted PB Ratio of today is 0.64.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The Kraft Heinz Co was 1.28. The lowest was 0.63. And the median was 0.95.


The Kraft Heinz Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for The Kraft Heinz 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.

The Kraft Heinz Co Cyclically Adjusted Book per Share Chart

The Kraft Heinz Co 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 - 33.89 35.99 40.78 44.89

The Kraft Heinz Co Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 44.67 44.89 46.60 48.06 48.91

Competitive Comparison of The Kraft Heinz Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, The Kraft Heinz 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.


The Kraft Heinz Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Kraft Heinz 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, The Kraft Heinz Co's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=39.974/133.0289*133.0289
=39.974

Current CPI (Sep. 2024) = 133.0289.

The Kraft Heinz Co Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.432 99.070 9.980
201503 7.653 99.621 10.219
201506 4.022 100.684 5.314
201509 48.477 100.392 64.237
201512 47.517 99.792 63.343
201603 47.751 100.470 63.225
201606 47.502 101.688 62.142
201609 31.849 101.861 41.594
201612 47.151 101.863 61.577
201703 47.417 102.862 61.323
201706 47.885 103.349 61.637
201709 48.242 104.136 61.627
201712 54.030 104.011 69.104
201803 54.346 105.290 68.664
201806 53.878 106.317 67.415
201809 53.638 106.507 66.995
201812 42.342 105.998 53.140
201903 42.380 107.251 52.566
201906 42.248 108.070 52.005
201909 42.320 108.329 51.969
201912 42.279 108.420 51.875
202003 41.742 108.902 50.990
202006 40.098 108.767 49.042
202009 40.244 109.815 48.751
202012 40.980 109.897 49.606
202103 41.115 111.754 48.942
202106 40.881 114.631 47.442
202109 40.822 115.734 46.922
202112 40.276 117.630 45.549
202203 40.526 121.301 44.444
202206 39.833 125.017 42.386
202209 39.240 125.227 41.685
202212 39.737 125.222 42.214
202303 40.059 127.348 41.846
202306 40.565 128.729 41.920
202309 40.160 129.860 41.140
202312 40.662 129.419 41.796
202403 40.792 131.776 41.180
202406 40.443 132.554 40.588
202409 39.974 133.029 39.974

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


The Kraft Heinz Co  (LTS:0JRV) 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.

The Kraft Heinz Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=31.41/48.91
=0.64

* 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 The Kraft Heinz Co was 1.28. The lowest was 0.63. And the median was 0.95.


Be Aware

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


The Kraft Heinz Co Cyclically Adjusted Book per Share Related Terms

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


The Kraft Heinz Co Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind wide-moats PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm also maintains a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives about 25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co Headlines

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