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Archer-Daniels-Midland Co (MIL:1ADM) Cyclically Adjusted Book per Share : €40.84 (As of Mar. 2025)


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What is Archer-Daniels-Midland 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.

Archer-Daniels-Midland Co's adjusted book value per share for the three months ended in Mar. 2025 was €42.611. 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 €40.84 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Archer-Daniels-Midland Co's average Cyclically Adjusted Book Growth Rate was 3.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 6.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.00% 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 Archer-Daniels-Midland Co was 11.70% per year. The lowest was 4.50% per year. And the median was 6.20% per year.

As of today (2025-05-29), Archer-Daniels-Midland Co's current stock price is €42.795. Archer-Daniels-Midland Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €40.84. Archer-Daniels-Midland Co's Cyclically Adjusted PB Ratio of today is 1.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Archer-Daniels-Midland Co was 2.58. The lowest was 0.95. And the median was 1.52.


Archer-Daniels-Midland Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Archer-Daniels-Midland 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.

Archer-Daniels-Midland Co Cyclically Adjusted Book per Share Chart

Archer-Daniels-Midland Co 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 - - - 37.64 41.74

Archer-Daniels-Midland Co 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 39.22 40.16 38.77 41.74 40.84

Competitive Comparison of Archer-Daniels-Midland Co's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Archer-Daniels-Midland 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.


Archer-Daniels-Midland Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Archer-Daniels-Midland Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Archer-Daniels-Midland Co's Cyclically Adjusted PB Ratio falls into.


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Archer-Daniels-Midland 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, Archer-Daniels-Midland Co'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)
=42.611/134.9266*134.9266
=42.611

Current CPI (Mar. 2025) = 134.9266.

Archer-Daniels-Midland Co Quarterly Data

Book Value per Share CPI Adj_Book
201506 27.134 100.684 36.362
201509 26.482 100.392 35.592
201512 27.616 99.792 37.339
201603 27.382 100.470 36.773
201606 26.952 101.688 35.762
201609 27.035 101.861 35.811
201612 28.412 101.863 37.634
201703 28.134 102.862 36.904
201706 27.524 103.349 35.934
201709 26.371 104.136 34.168
201712 27.782 104.011 36.040
201803 27.176 105.290 34.826
201806 28.651 106.317 36.361
201809 29.057 106.507 36.810
201812 29.847 105.998 37.993
201903 29.861 107.251 37.567
201906 30.063 108.070 37.534
201909 30.783 108.329 38.341
201912 31.036 108.420 38.624
202003 30.904 108.902 38.289
202006 30.813 108.767 38.224
202009 29.504 109.815 36.251
202012 29.568 109.897 36.302
202103 31.317 111.754 37.811
202106 32.045 114.631 37.718
202109 33.405 115.734 38.945
202112 35.522 117.630 40.745
202203 38.259 121.301 42.557
202206 41.166 125.017 44.429
202209 44.147 125.227 47.567
202212 41.909 125.222 45.157
202303 42.604 127.348 45.139
202306 42.945 128.729 45.013
202309 44.184 129.860 45.908
202312 43.137 129.419 44.973
202403 42.553 131.776 43.570
202406 43.045 132.554 43.816
202409 41.407 133.029 41.998
202412 44.290 133.157 44.879
202503 42.611 134.927 42.611

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


Archer-Daniels-Midland Co  (MIL:1ADM) 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.

Archer-Daniels-Midland Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.795/40.84
=1.05

* 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 Archer-Daniels-Midland Co was 2.58. The lowest was 0.95. And the median was 1.52.


Be Aware

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


Archer-Daniels-Midland Co Cyclically Adjusted Book per Share Related Terms

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


Archer-Daniels-Midland Co Business Description

Address
77 West Wacker Drive, Suite 4600, Chicago, IL, USA, 60601
Archer-Daniels Midland is a major processor of oilseeds, corn, wheat, and other agricultural commodities. The company is also one of the largest grain merchandisers through its extensive network of logistical assets to store and transport crops around the globe. ADM also runs a nutrition business that focuses on both human and animal ingredients and is a large producer of corn-based sweeteners, starches, and ethanol.

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