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Jeronimo Martins SGPS (WAR:JMT) Cyclically Adjusted Book per Share : zł12.67 (As of Dec. 2024)


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What is Jeronimo Martins SGPS 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.

Jeronimo Martins SGPS's adjusted book value per share for the three months ended in Dec. 2024 was zł18.766. 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 zł12.67 for the trailing ten years ended in Dec. 2024.

During the past 12 months, Jeronimo Martins SGPS's average Cyclically Adjusted Book Growth Rate was 8.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.80% 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 Jeronimo Martins SGPS was 10.40% per year. The lowest was 7.20% per year. And the median was 10.20% per year.

As of today (2025-05-25), Jeronimo Martins SGPS's current stock price is zł91.75. Jeronimo Martins SGPS's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was zł12.67. Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio of today is 7.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Jeronimo Martins SGPS was 9.71. The lowest was 4.50. And the median was 6.60.


Jeronimo Martins SGPS Cyclically Adjusted Book per Share Historical Data

The historical data trend for Jeronimo Martins SGPS'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.

Jeronimo Martins SGPS Cyclically Adjusted Book per Share Chart

Jeronimo Martins SGPS 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 - - - 14.24 12.67

Jeronimo Martins SGPS 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 14.80 15.17 15.36 12.67 -

Competitive Comparison of Jeronimo Martins SGPS's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Jeronimo Martins SGPS'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.


Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio falls into.


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Jeronimo Martins SGPS 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, Jeronimo Martins SGPS's adjusted Book Value per Share data for the three months ended in Dec. 2024 was:

Adj_Book= Book Value per Share /CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=18.766/121.5852*121.5852
=18.766

Current CPI (Dec. 2024) = 121.5852.

Jeronimo Martins SGPS Quarterly Data

Book Value per Share CPI Adj_Book
201503 9.613 100.097 11.677
201506 9.383 100.769 11.321
201509 10.037 100.489 12.144
201512 8.714 100.119 10.582
201603 9.401 100.547 11.368
201606 8.778 101.319 10.534
201609 11.134 101.122 13.387
201612 10.930 100.998 13.158
201703 11.830 101.924 14.112
201706 10.496 102.240 12.482
201709 11.819 102.527 14.016
201712 12.615 102.479 14.967
201803 13.720 102.626 16.255
201806 10.766 103.790 12.612
201809 11.663 103.960 13.640
201812 12.059 103.159 14.213
201903 12.397 103.495 14.564
201906 11.774 104.192 13.739
201909 11.982 103.844 14.029
201912 13.083 103.592 15.355
202003 12.862 103.544 15.103
202006 12.837 104.323 14.961
202009 14.102 103.699 16.534
202012 14.564 103.354 17.133
202103 14.543 104.014 17.000
202106 14.491 104.852 16.804
202109 14.980 105.232 17.308
202112 15.346 106.191 17.571
202203 15.358 109.559 17.044
202206 12.680 114.003 13.523
202209 12.626 114.999 13.349
202212 14.722 116.377 15.381
202303 15.760 117.701 16.280
202306 15.380 117.872 15.864
202309 16.187 119.111 16.523
202312 18.295 118.032 18.846
202403 18.884 120.396 19.071
202406 17.052 121.165 17.111
202409 18.858 121.574 18.860
202412 18.766 121.585 18.766

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


Jeronimo Martins SGPS  (WAR:JMT) 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.

Jeronimo Martins SGPS's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=91.75/12.67
=7.24

* 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 Jeronimo Martins SGPS was 9.71. The lowest was 4.50. And the median was 6.60.


Be Aware

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


Jeronimo Martins SGPS Cyclically Adjusted Book per Share Related Terms

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


Jeronimo Martins SGPS Business Description

Address
Rua Actor Antonio Silva, No. 7, Lisboa, PRT, 1649-033
Jeronimo Martins SGPS SA operates in food distribution, agribusiness, and other businesses. The food distribution business is the group's main activity, which consists of retail and wholesale operations under the brand's Pingo Doce and Recheio in Portugal, Poland, and Colombia. The group segments. Portugal Retail: comprises the business unit of JMR (Pingo Doce supermarkets), Portugal Cash & Carry: includes the wholesale business unit Recheio, Poland Retail: the business unit which operates under the Biedronka banner, Colombia Retail: the business unit which operates under Ara banner, Poland Health and Beauty: includes the Hebe banner business unit which operates in Poland, & Others, eliminations and adjustments. The majority of revenue is derived from the Poland retail segment.

Jeronimo Martins SGPS Headlines