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Maple Leaf Foods (LTS:0V5G) Cyclically Adjusted Book per Share : C$18.49 (As of Jun. 2024)


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What is Maple Leaf Foods 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.

Maple Leaf Foods's adjusted book value per share for the three months ended in Jun. 2024 was C$12.791. 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 C$18.49 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Maple Leaf Foods's average Cyclically Adjusted Book Growth Rate was 1.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Maple Leaf Foods was 9.30% per year. The lowest was 1.10% per year. And the median was 7.10% per year.

As of today (2024-09-20), Maple Leaf Foods's current stock price is C$23.49. Maple Leaf Foods's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was C$18.49. Maple Leaf Foods's Cyclically Adjusted PB Ratio of today is 1.27.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maple Leaf Foods was 3.20. The lowest was 1.17. And the median was 2.11.


Maple Leaf Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Maple Leaf Foods'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.

Maple Leaf Foods Cyclically Adjusted Book per Share Chart

Maple Leaf Foods 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 12.30 13.47 16.49 17.23 17.69

Maple Leaf Foods Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 17.49 20.97 17.69 19.12 18.49

Competitive Comparison of Maple Leaf Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Maple Leaf Foods'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.


Maple Leaf Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Maple Leaf Foods 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, Maple Leaf Foods's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=12.791/127.5217*127.5217
=12.791

Current CPI (Jun. 2024) = 127.5217.

Maple Leaf Foods Quarterly Data

Book Value per Share CPI Adj_Book
201409 16.171 99.394 20.747
201412 15.702 98.367 20.356
201503 15.685 99.789 20.044
201506 15.182 100.500 19.264
201509 15.409 100.421 19.567
201512 15.122 99.947 19.294
201603 15.631 101.054 19.725
201606 15.551 102.002 19.442
201609 15.847 101.765 19.858
201612 15.808 101.449 19.871
201703 15.893 102.634 19.747
201706 15.875 103.029 19.649
201709 15.990 103.345 19.731
201712 16.220 103.345 20.015
201803 16.391 105.004 19.906
201806 16.276 105.557 19.663
201809 16.130 105.636 19.472
201812 16.257 105.399 19.669
201903 16.207 106.979 19.319
201906 15.633 107.690 18.512
201909 15.611 107.611 18.499
201912 15.862 107.769 18.769
202003 15.468 107.927 18.276
202006 15.218 108.401 17.902
202009 15.646 108.164 18.446
202012 15.688 108.559 18.428
202103 16.547 110.298 19.131
202106 16.332 111.720 18.642
202109 16.687 112.905 18.847
202112 16.458 113.774 18.447
202203 16.883 117.646 18.300
202206 16.283 120.806 17.188
202209 14.086 120.648 14.889
202212 13.670 120.964 14.411
202303 13.091 122.702 13.605
202306 12.739 124.203 13.079
202309 12.648 125.230 12.879
202312 12.362 125.072 12.604
202403 12.652 126.258 12.779
202406 12.791 127.522 12.791

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


Maple Leaf Foods  (LTS:0V5G) 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.

Maple Leaf Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=23.49/18.49
=1.27

* 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 Maple Leaf Foods was 3.20. The lowest was 1.17. And the median was 2.11.


Be Aware

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


Maple Leaf Foods Cyclically Adjusted Book per Share Related Terms

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


Maple Leaf Foods Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.

Maple Leaf Foods Headlines

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