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Berry Global Group (STU:BP0) Cyclically Adjusted Book per Share : €13.34 (As of Mar. 2024)


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What is Berry Global Group 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.

Berry Global Group's adjusted book value per share for the three months ended in Mar. 2024 was €26.375. 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 €13.34 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Berry Global Group's average Cyclically Adjusted Book Growth Rate was 32.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 56.00% 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 Berry Global Group was 56.00% per year. The lowest was 56.00% per year. And the median was 56.00% per year.

As of today (2024-05-31), Berry Global Group's current stock price is €53.00. Berry Global Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €13.34. Berry Global Group's Cyclically Adjusted PB Ratio of today is 3.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Berry Global Group was 18.36. The lowest was 3.91. And the median was 7.26.


Berry Global Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Berry Global Group'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.

Berry Global Group Cyclically Adjusted Book per Share Chart

Berry Global Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2.83 4.73 9.41 11.97

Berry Global Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.00 10.75 11.97 12.13 13.34

Competitive Comparison of Berry Global Group's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Berry Global Group'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.


Berry Global Group's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Berry Global Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Berry Global Group's Cyclically Adjusted PB Ratio falls into.



Berry Global Group 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, Berry Global Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=26.375/131.7762*131.7762
=26.375

Current CPI (Mar. 2024) = 131.7762.

Berry Global Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.833 100.560 -1.092
201409 -0.770 100.428 -1.010
201412 -0.744 99.070 -0.990
201503 -0.689 99.621 -0.911
201506 -0.671 100.684 -0.878
201509 -0.505 100.392 -0.663
201512 -0.625 99.792 -0.825
201603 0.468 100.470 0.614
201606 1.113 101.688 1.442
201609 1.592 101.861 2.060
201612 1.884 101.863 2.437
201703 5.047 102.862 6.466
201706 5.767 103.349 7.353
201709 6.486 104.136 8.208
201712 7.548 104.011 9.563
201803 8.030 105.290 10.050
201806 8.677 106.317 10.755
201809 9.353 106.507 11.572
201812 9.773 105.998 12.150
201903 10.331 107.251 12.693
201906 10.353 108.070 12.624
201909 11.105 108.329 13.509
201912 12.131 108.420 14.744
202003 11.277 108.902 13.646
202006 12.507 108.767 15.153
202009 13.294 109.815 15.953
202012 15.010 109.897 17.998
202103 16.488 111.754 19.442
202106 18.102 114.631 20.809
202109 19.948 115.734 22.713
202112 21.562 117.630 24.155
202203 23.118 121.301 25.114
202206 23.454 125.017 24.722
202209 25.990 125.227 27.349
202212 25.279 125.222 26.602
202303 25.818 127.348 26.716
202306 26.471 128.729 27.098
202309 26.090 129.860 26.475
202312 26.325 129.419 26.804
202403 26.375 131.776 26.375

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


Berry Global Group  (STU:BP0) 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.

Berry Global Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=53.00/13.34
=3.97

* 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 Berry Global Group was 18.36. The lowest was 3.91. And the median was 7.26.


Be Aware

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


Berry Global Group Cyclically Adjusted Book per Share Related Terms

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


Berry Global Group (STU:BP0) Business Description

Traded in Other Exchanges
Address
101 Oakley Street, Evansville, IN, USA, 47710
Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.

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