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Grupo HerdezB de CV (MEX:HERDEZ) Cyclically Adjusted Book per Share : MXN23.72 (As of Mar. 2024)


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What is Grupo HerdezB de CV 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.

Grupo HerdezB de CV's adjusted book value per share for the three months ended in Mar. 2024 was MXN22.421. 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 MXN23.72 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grupo HerdezB de CV's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.80% 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 Grupo HerdezB de CV was 10.10% per year. The lowest was 8.50% per year. And the median was 9.10% per year.

As of today (2024-06-22), Grupo HerdezB de CV's current stock price is MXN49.70. Grupo HerdezB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN23.72. Grupo HerdezB de CV's Cyclically Adjusted PB Ratio of today is 2.10.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo HerdezB de CV was 3.51. The lowest was 1.20. And the median was 2.20.


Grupo HerdezB de CV Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo HerdezB de CV'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.

Grupo HerdezB de CV Cyclically Adjusted Book per Share Chart

Grupo HerdezB de CV 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 16.70 18.29 20.24 22.26 23.39

Grupo HerdezB de CV 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 22.43 22.52 22.97 23.39 23.72

Competitive Comparison of Grupo HerdezB de CV's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Grupo HerdezB de CV'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.


Grupo HerdezB de CV's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo HerdezB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo HerdezB de CV's Cyclically Adjusted PB Ratio falls into.



Grupo HerdezB de CV 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, Grupo HerdezB de CV'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)
=22.421/152.9470*152.9470
=22.421

Current CPI (Mar. 2024) = 152.9470.

Grupo HerdezB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.907 96.609 22.017
201409 14.366 97.652 22.501
201412 14.604 99.469 22.456
201503 15.649 99.973 23.941
201506 15.439 99.382 23.760
201509 16.113 100.112 24.617
201512 15.612 101.588 23.505
201603 16.015 102.573 23.880
201606 15.716 101.905 23.588
201609 16.398 103.084 24.330
201612 17.008 105.002 24.774
201703 17.233 108.063 24.391
201706 16.613 108.339 23.453
201709 17.055 109.628 23.794
201712 18.502 112.114 25.241
201803 18.504 113.505 24.934
201806 18.694 113.373 25.219
201809 18.853 115.130 25.046
201812 19.805 117.530 25.773
201903 20.111 118.050 26.056
201906 19.289 117.848 25.034
201909 19.729 118.581 25.447
201912 20.952 120.854 26.516
202003 22.064 121.885 27.687
202006 20.337 121.777 25.542
202009 20.130 123.341 24.962
202012 21.135 124.661 25.931
202103 20.195 127.574 24.212
202106 18.635 128.936 22.105
202109 19.070 130.742 22.309
202112 19.662 133.830 22.471
202203 20.047 137.082 22.367
202206 19.108 139.233 20.990
202209 19.186 142.116 20.648
202212 20.260 144.291 21.475
202303 20.281 146.472 21.178
202306 19.969 146.272 20.880
202309 20.835 148.446 21.467
202312 21.490 151.017 21.765
202403 22.421 152.947 22.421

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


Grupo HerdezB de CV  (MEX:HERDEZ) 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.

Grupo HerdezB de CV's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.70/23.72
=2.10

* 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 Grupo HerdezB de CV was 3.51. The lowest was 1.20. And the median was 2.20.


Be Aware

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


Grupo HerdezB de CV Cyclically Adjusted Book per Share Related Terms

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


Grupo HerdezB de CV (MEX:HERDEZ) Business Description

Traded in Other Exchanges
Address
Monte Pelvaoux 215, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000
Grupo Herdez SAB de CV specialises in the processed food and ice cream industries, with its operations primarily in Mexico. The company engages in the manufacturing, purchasing, distributing, and marketing of canned and packaged food products in Mexico, as well as food products at the Mexican food segment within the United States. Product segments include burritos, canned vegetables, frozen yogurt, guacamole, and home-style salsas. Products are then sold through a variety of brands, such as Aires de Campo, Barilla, Bufalo and many more.

Grupo HerdezB de CV (MEX:HERDEZ) Headlines

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