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Agrana Beteiligungs AG (STU:AGB2) Cyclically Adjusted Book per Share : €25.75 (As of Nov. 2023)


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What is Agrana Beteiligungs AG 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.

Agrana Beteiligungs AG's adjusted book value per share for the three months ended in Nov. 2023 was €19.243. 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 €25.75 for the trailing ten years ended in Nov. 2023.

During the past 12 months, Agrana Beteiligungs AG's average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 4.10% 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 Agrana Beteiligungs AG was 5.30% per year. The lowest was 2.80% per year. And the median was 3.20% per year.

As of today (2024-05-08), Agrana Beteiligungs AG's current stock price is €13.30. Agrana Beteiligungs AG's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2023 was €25.75. Agrana Beteiligungs AG's Cyclically Adjusted PB Ratio of today is 0.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Agrana Beteiligungs AG was 1.34. The lowest was 0.52. And the median was 0.79.


Agrana Beteiligungs AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Agrana Beteiligungs AG'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.

Agrana Beteiligungs AG Cyclically Adjusted Book per Share Chart

Agrana Beteiligungs AG Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.43 21.46 21.83 23.14 24.37

Agrana Beteiligungs AG Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 23.91 24.37 24.39 25.30 25.75

Competitive Comparison of Agrana Beteiligungs AG's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Agrana Beteiligungs AG'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.


Agrana Beteiligungs AG's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Agrana Beteiligungs AG's Cyclically Adjusted PB Ratio falls into.



Agrana Beteiligungs AG 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, Agrana Beteiligungs AG's adjusted Book Value per Share data for the three months ended in Nov. 2023 was:

Adj_Book= Book Value per Share /CPI of Nov. 2023 (Change)*Current CPI (Nov. 2023)
=19.243/132.0288*132.0288
=19.243

Current CPI (Nov. 2023) = 132.0288.

Agrana Beteiligungs AG Quarterly Data

Book Value per Share CPI Adj_Book
201402 19.693 98.050 26.518
201405 20.482 99.405 27.204
201408 19.751 98.953 26.353
201411 20.008 99.676 26.502
201502 19.772 98.892 26.397
201505 20.258 100.392 26.642
201508 19.510 99.892 25.787
201511 20.199 100.292 26.591
201602 20.035 99.892 26.481
201605 20.565 100.992 26.885
201608 20.079 100.492 26.380
201611 20.668 101.592 26.860
201702 21.598 102.092 27.931
201705 22.287 102.891 28.598
201708 21.848 102.592 28.117
201711 22.196 103.891 28.207
201802 22.357 103.891 28.412
201805 22.669 104.891 28.534
201808 21.465 104.891 27.018
201811 21.590 106.191 26.843
201902 21.584 105.491 27.014
201905 21.761 106.691 26.929
201908 20.704 106.491 25.669
201911 21.082 107.391 25.919
202002 20.861 107.699 25.574
202005 21.193 107.375 26.059
202008 20.304 107.915 24.841
202011 20.621 108.672 25.053
202102 20.384 108.997 24.691
202105 20.733 110.403 24.794
202108 20.243 111.376 23.997
202111 20.496 113.322 23.879
202202 19.596 115.268 22.445
202205 20.704 118.945 22.981
202208 19.189 121.756 20.808
202211 19.255 125.325 20.285
202302 19.101 127.812 19.731
202305 19.539 129.542 19.914
202308 18.800 130.731 18.987
202311 19.243 132.029 19.243

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


Agrana Beteiligungs AG  (STU:AGB2) 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.

Agrana Beteiligungs AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.30/25.75
=0.52

* 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 Agrana Beteiligungs AG was 1.34. The lowest was 0.52. And the median was 0.79.


Be Aware

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


Agrana Beteiligungs AG Cyclically Adjusted Book per Share Related Terms

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


Agrana Beteiligungs AG (STU:AGB2) Business Description

Traded in Other Exchanges
Address
Friedrich-Wilhelm-Raiffeisen-Platz 1, Vienna, AUT, A-1020
Agrana Beteiligungs AG is a processor of raw materials that manufactures foods and intermediate products for the downstream food industry as well as for non-food applications. The company operates in three segments Sugar, Starch, and Fruit. The Sugar segment processes sugar beet from contract growers and also refines raw sugar purchased. The Starch segment processes and refines raw materials grown by contract farmers or purchased in the open market mainly corn, wheat, and potatoes into premium starch products. The Fruit segment, which is the key revenue driver, custom designs and produces fruit preparations and fruit juice concentrates. The company derives its revenue from Austria, Hungary, Romania and Rest of Europe.

Agrana Beteiligungs AG (STU:AGB2) Headlines

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