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Del Monte Pacific (PHS:DELM) Cyclically Adjusted Book per Share : ₱15.70 (As of Jan. 2024)


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What is Del Monte Pacific 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.

Del Monte Pacific's adjusted book value per share for the three months ended in Jan. 2024 was ₱8.027. 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 ₱15.70 for the trailing ten years ended in Jan. 2024.

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 7.50% 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 Del Monte Pacific was 8.30% per year. The lowest was 6.50% per year. And the median was 7.55% per year.

As of today (2024-06-17), Del Monte Pacific's current stock price is ₱5.21. Del Monte Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was ₱15.70. Del Monte Pacific's Cyclically Adjusted PB Ratio of today is 0.33.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Del Monte Pacific was 1.67. The lowest was 0.29. And the median was 0.75.


Del Monte Pacific Cyclically Adjusted Book per Share Historical Data

The historical data trend for Del Monte Pacific'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.

Del Monte Pacific Cyclically Adjusted Book per Share Chart

Del Monte Pacific Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.85 9.18 11.34 12.37 15.97

Del Monte Pacific Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 14.87 15.97 16.76 16.16 15.70

Competitive Comparison of Del Monte Pacific's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Del Monte Pacific'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.


Del Monte Pacific's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Del Monte Pacific's Cyclically Adjusted PB Ratio falls into.



Del Monte Pacific 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, Del Monte Pacific's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=8.027/130.1244*130.1244
=8.027

Current CPI (Jan. 2024) = 130.1244.

Del Monte Pacific Quarterly Data

Book Value per Share CPI Adj_Book
201404 7.440 100.023 9.679
201407 6.903 100.520 8.936
201410 6.526 100.176 8.477
201501 6.519 98.604 8.603
201504 8.201 99.824 10.690
201507 7.670 100.691 9.912
201510 9.168 100.346 11.889
201601 9.014 99.957 11.734
201604 9.507 100.947 12.255
201607 8.871 101.524 11.370
201610 8.557 101.988 10.918
201701 8.942 102.456 11.357
201704 15.001 103.167 18.921
201707 15.536 103.278 19.575
201710 14.765 104.070 18.462
201801 16.603 104.578 20.659
201804 15.964 105.708 19.651
201807 16.739 106.324 20.486
201810 16.714 106.695 20.384
201901 17.073 106.200 20.919
201904 15.929 107.818 19.224
201907 15.807 108.250 19.001
201910 13.464 108.577 16.136
202001 13.593 108.841 16.251
202004 14.513 108.173 17.458
202007 15.282 109.318 18.191
202010 15.118 109.861 17.907
202101 16.371 110.364 19.302
202104 17.533 112.673 20.249
202107 16.977 115.183 19.179
202110 17.952 116.696 20.018
202201 18.664 118.619 20.474
202204 12.537 121.978 13.374
202207 10.658 125.002 11.095
202210 11.789 125.734 12.201
202301 9.305 126.223 9.593
202304 9.618 127.992 9.778
202307 9.500 128.974 9.585
202310 8.995 129.810 9.017
202401 8.027 130.124 8.027

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


Del Monte Pacific  (PHS:DELM) 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.

Del Monte Pacific's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5.21/15.7
=0.33

* 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 Del Monte Pacific was 1.67. The lowest was 0.29. And the median was 0.75.


Be Aware

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


Del Monte Pacific Cyclically Adjusted Book per Share Related Terms

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


Del Monte Pacific (PHS:DELM) Business Description

Traded in Other Exchanges
Address
17 Bukit Pasoh Road, Singapore, SGP, 089831
Del Monte Pacific Ltd is engaged in growing, processing, developing, manufacturing, marketing, distributing, and selling packaged fruits and vegetables, and other food products. The company operates through four divisions Packaged fruit and vegetable which includes the sale of processed fruit and vegetable products under the Del Monte and S&W brands; the Beverage segment includes the sale of pineapple juice in the can, tetra, and PET packaging, and pineapple juice concentrate; Culinary segment includes sale of packaged tomato-based products such as ketchup, tomato sauce, pasta sauce, recipe sauce, pizza sauce, pasta and other; and Fresh fruit and others includes sale of S&W branded fresh pineapples in Asia Pacific. The majority of the company's revenue comes from the Americas.

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