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Mondelez International (MEX:MDLZ) Cyclically Adjusted Book per Share : MXN456.50 (As of Mar. 2025)


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What is Mondelez International 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.

Mondelez International's adjusted book value per share for the three months ended in Mar. 2025 was MXN407.395. 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 MXN456.50 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Mondelez International's average Cyclically Adjusted Book Growth Rate was 1.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 1.30% 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 Mondelez International was 3.30% per year. The lowest was -0.80% per year. And the median was 0.85% per year.

As of today (2025-05-29), Mondelez International's current stock price is MXN1294.31. Mondelez International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was MXN456.50. Mondelez International's Cyclically Adjusted PB Ratio of today is 2.84.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Mondelez International was 3.59. The lowest was 1.93. And the median was 2.73.


Mondelez International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mondelez International'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.

Mondelez International Cyclically Adjusted Book per Share Chart

Mondelez International 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 391.91 420.62 416.51 368.79 454.07

Mondelez International Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 377.04 408.88 436.66 454.07 456.50

Competitive Comparison of Mondelez International's Cyclically Adjusted Book per Share

For the Confectioners subindustry, Mondelez International'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.


Mondelez International's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Mondelez International's Cyclically Adjusted PB Ratio falls into.


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Mondelez International 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, Mondelez International's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=407.395/134.9266*134.9266
=407.395

Current CPI (Mar. 2025) = 134.9266.

Mondelez International Quarterly Data

Book Value per Share CPI Adj_Book
201506 239.961 100.684 321.572
201509 317.190 100.392 426.305
201512 304.846 99.792 412.174
201603 307.498 100.470 412.954
201606 328.138 101.688 435.396
201609 344.139 101.861 455.852
201612 339.411 101.863 449.581
201703 317.647 102.862 416.665
201706 307.728 103.349 401.752
201709 315.914 104.136 409.324
201712 343.053 104.011 445.020
201803 324.417 105.290 415.735
201806 337.724 106.317 428.605
201809 326.798 106.507 414.000
201812 346.921 105.998 441.602
201903 346.993 107.251 436.535
201906 347.464 108.070 433.815
201909 367.330 108.329 457.517
201912 358.023 108.420 445.552
202003 421.762 108.902 522.554
202006 420.537 108.767 521.679
202009 416.268 109.815 511.457
202012 386.550 109.897 474.590
202103 394.004 111.754 475.700
202106 391.762 114.631 461.122
202109 408.297 115.734 476.005
202112 416.713 117.630 477.990
202203 405.222 121.301 450.740
202206 403.313 125.017 435.283
202209 391.902 125.227 422.259
202212 383.714 125.222 413.452
202303 373.499 127.348 395.727
202306 360.853 128.729 378.227
202309 363.900 129.860 378.099
202312 356.634 129.419 371.810
202403 351.711 131.776 360.119
202406 379.363 132.554 386.154
202409 410.158 133.029 416.009
202412 426.220 133.157 431.884
202503 407.395 134.927 407.395

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


Mondelez International  (MEX:MDLZ) 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.

Mondelez International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=1294.31/456.50
=2.84

* 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 Mondelez International was 3.59. The lowest was 1.93. And the median was 2.73.


Be Aware

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


Mondelez International Cyclically Adjusted Book per Share Related Terms

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


Mondelez International Business Description

Address
905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607
Mondelez has operated independently since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack enclave with a presence in the biscuit (49% of sales), chocolate (31%), gum/candy (11%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2024. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury. The firm derives around one third of its revenue from developing markets, just more than one third from Europe, and the remainder from North America.