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Constellation Brands (MEX:STZ) Cyclically Adjusted Book per Share : MXN1,215.36 (As of Feb. 2025)


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What is Constellation Brands 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.

Constellation Brands's adjusted book value per share for the three months ended in Feb. 2025 was MXN792.592. 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 MXN1,215.36 for the trailing ten years ended in Feb. 2025.

During the past 12 months, Constellation Brands's average Cyclically Adjusted Book Growth Rate was 4.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.20% 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 Constellation Brands was 24.10% per year. The lowest was 8.00% per year. And the median was 13.90% per year.

As of today (2025-05-25), Constellation Brands's current stock price is MXN3550.02. Constellation Brands's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2025 was MXN1,215.36. Constellation Brands's Cyclically Adjusted PB Ratio of today is 2.92.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Constellation Brands was 10.14. The lowest was 2.76. And the median was 5.79.


Constellation Brands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Constellation Brands'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.

Constellation Brands Cyclically Adjusted Book per Share Chart

Constellation Brands Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 842.68 963.60 986.99 971.90 1,215.36

Constellation Brands Quarterly Data
May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25
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 971.90 980.32 1,140.20 1,189.23 1,215.36

Competitive Comparison of Constellation Brands's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Constellation Brands'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.


Constellation Brands's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Constellation Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Constellation Brands 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, Constellation Brands's adjusted Book Value per Share data for the three months ended in Feb. 2025 was:

Adj_Book= Book Value per Share /CPI of Feb. 2025 (Change)*Current CPI (Feb. 2025)
=792.592/134.6241*134.6241
=792.592

Current CPI (Feb. 2025) = 134.6241.

Constellation Brands Quarterly Data

Book Value per Share CPI Adj_Book
201505 467.700 100.333 627.550
201508 517.048 100.548 692.277
201511 540.982 100.135 727.313
201602 594.185 100.040 799.599
201605 628.886 101.355 835.312
201608 672.995 101.617 891.598
201611 721.324 101.829 953.630
201702 708.161 102.779 927.581
201705 705.985 103.256 920.460
201708 721.051 103.587 937.094
201711 765.030 104.072 989.615
201802 785.412 105.052 1,006.505
201805 1,104.519 106.148 1,400.830
201808 1,142.921 106.383 1,446.327
201811 1,203.428 106.338 1,523.549
201902 1,264.103 106.649 1,595.691
201905 1,248.905 108.048 1,556.094
201908 1,191.608 108.245 1,482.006
201911 1,194.085 108.519 1,481.334
202002 1,241.361 109.139 1,531.232
202005 1,271.413 108.175 1,582.271
202008 1,319.717 109.662 1,620.118
202011 1,383.459 109.793 1,696.340
202102 1,467.406 110.968 1,780.220
202105 1,269.441 113.576 1,504.693
202108 1,191.974 115.421 1,390.290
202111 1,270.661 117.269 1,458.709
202202 1,260.524 119.703 1,417.652
202205 1,188.195 123.323 1,297.081
202208 1,022.265 124.958 1,101.345
202211 880.392 125.607 943.591
202302 842.407 126.928 893.488
202305 831.361 128.314 872.242
202308 863.042 129.538 896.931
202311 900.174 129.548 935.445
202402 908.622 130.930 934.259
202405 955.243 132.509 970.490
202408 855.322 132.816 866.967
202411 881.611 133.110 891.640
202502 792.592 134.624 792.592

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


Constellation Brands  (MEX:STZ) 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.

Constellation Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=3550.02/1215.36
=2.92

* 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 Constellation Brands was 10.14. The lowest was 2.76. And the median was 5.79.


Be Aware

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


Constellation Brands Cyclically Adjusted Book per Share Related Terms

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


Constellation Brands Business Description

Address
207 High Point Drive, Building 100, Victor, New York, NY, USA, 14564
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the us, generating 82% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the us, the firm has little revenue exposure to international markets. Constellation owns a 26% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.

Constellation Brands Headlines

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