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Seprod (XJAM:SEP) Cyclically Adjusted Book per Share : JMD26.16 (As of Jun. 2023)


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What is Seprod 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.

Seprod's adjusted book value per share data for the fiscal year that ended in Dec. 2022 was JMD33.210. 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 JMD26.16 for the trailing ten years ended in Dec. 2022.

During the past 12 months, Seprod's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% 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 Seprod was 9.50% per year. The lowest was 9.50% per year. And the median was 9.50% per year.

As of today (2024-05-25), Seprod's current stock price is JMD 77.68. Seprod's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec. 2022 was JMD26.16. Seprod's Cyclically Adjusted PB Ratio of today is 2.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seprod was 3.42. The lowest was 1.74. And the median was 2.58.


Seprod Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seprod'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.

Seprod Cyclically Adjusted Book per Share Chart

Seprod Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 19.95 20.74 23.47 26.16

Seprod Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Dec22 Jun23
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 23.47 - - 26.16 -

Competitive Comparison of Seprod's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Seprod'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.


Seprod's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Seprod 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, Seprod's adjusted Book Value per Share data for the fiscal year that ended in Dec. 2022 was:

Adj_Book=Book Value per Share /CPI of Dec. 2022 (Change)*Current CPI (Dec. 2022)
=33.21/125.2218*125.2218
=33.210

Current CPI (Dec. 2022) = 125.2218.

Seprod Annual Data

Book Value per Share CPI Adj_Book
201312 18.140 98.326 23.102
201412 19.517 99.070 24.669
201512 19.967 99.792 25.055
201612 18.918 101.863 23.256
201712 19.153 104.011 23.059
201812 21.466 105.998 25.359
201912 20.410 108.420 23.573
202012 23.031 109.897 26.243
202112 31.969 117.630 34.032
202212 33.210 125.222 33.210

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


Seprod  (XJAM:SEP) 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.

Seprod's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=77.68/26.16
=2.97

* 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 Seprod was 3.42. The lowest was 1.74. And the median was 2.58.


Be Aware

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


Seprod Cyclically Adjusted Book per Share Related Terms

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


Seprod (XJAM:SEP) Business Description

Traded in Other Exchanges
N/A
Address
3 Felix Fox Boulevard, Kingston, JAM
Seprod Ltd manufactures and sells edible oils and fats, corn products, cereals, milk products, juices, sugar, and biscuits. The company's product portfolio includes oils and fats, cookies and crackers, milk products, milk beverages, juice beverages, canned meats and fish, sauces and seasonings, canned vegetables, jams and jellies, pasta, hot beverages, corn and cornmeal and sugar. Its products City under various brands including Betty, Chiffon, Gold Seal, Gourmet, Serge, Butterkist, Cool Fruit, Primrose, Dairy Maid, Swizzle, Chef, and Pronto, among others. The company is a merchandiser of consumer goods. Its operating segments are Manufacturing and Distribution, of which a majority of the revenue is derived from the Distribution segment.