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Grupo Melo (XPTY:MELO) Cyclically Adjusted Book per Share : $92.06 (As of Mar. 2024)


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What is Grupo Melo 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.

Grupo Melo's adjusted book value per share for the three months ended in Mar. 2024 was $97.902. 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 $92.06 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Grupo Melo's average Cyclically Adjusted Book Growth Rate was 4.90% 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.

As of today (2024-06-19), Grupo Melo's current stock price is $49.00. Grupo Melo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $92.06. Grupo Melo's Cyclically Adjusted PB Ratio of today is 0.53.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Grupo Melo was 0.84. The lowest was 0.51. And the median was 0.68.


Grupo Melo Cyclically Adjusted Book per Share Historical Data

The historical data trend for Grupo Melo'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.

Grupo Melo Cyclically Adjusted Book per Share Chart

Grupo Melo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 75.77 85.36 90.26

Grupo Melo 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 87.75 88.84 89.76 90.26 92.06

Competitive Comparison of Grupo Melo's Cyclically Adjusted Book per Share

For the Conglomerates subindustry, Grupo Melo'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.


Grupo Melo's Cyclically Adjusted PB Ratio Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Grupo Melo's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Grupo Melo 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, Grupo Melo'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)
=97.902/131.7762*131.7762
=97.902

Current CPI (Mar. 2024) = 131.7762.

Grupo Melo Quarterly Data

Book Value per Share CPI Adj_Book
201406 50.898 100.560 66.698
201409 52.737 100.428 69.199
201412 55.664 99.070 74.041
201503 57.835 99.621 76.503
201506 59.666 100.684 78.092
201509 62.413 100.392 81.925
201512 65.567 99.792 86.581
201603 67.132 100.470 88.050
201606 68.280 101.688 88.483
201609 71.514 101.861 92.517
201612 71.180 101.863 92.083
201703 71.323 102.862 91.372
201706 72.698 103.349 92.694
201709 74.011 104.136 93.656
201712 74.133 104.011 93.922
201803 73.431 105.290 91.903
201806 73.495 106.317 91.095
201809 75.214 106.507 93.059
201812 76.522 105.998 95.132
201903 76.732 107.251 94.279
201906 77.078 108.070 93.986
201909 78.323 108.329 95.275
201912 78.960 108.420 95.970
202003 78.211 108.902 94.639
202006 78.150 108.767 94.682
202009 80.041 109.815 96.048
202012 82.059 109.897 98.396
202103 83.792 111.754 98.804
202106 85.340 114.631 98.104
202109 87.982 115.734 100.177
202112 89.256 117.630 99.990
202203 90.070 121.301 97.848
202206 91.176 125.017 96.106
202209 92.656 125.227 97.502
202212 93.337 125.222 98.222
202303 93.405 127.348 96.653
202306 93.856 128.729 96.078
202309 94.674 129.860 96.071
202312 97.034 129.419 98.801
202403 97.902 131.776 97.902

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


Grupo Melo  (XPTY:MELO) 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.

Grupo Melo's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=49.00/92.06
=0.53

* 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 Grupo Melo was 0.84. The lowest was 0.51. And the median was 0.68.


Be Aware

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


Grupo Melo Cyclically Adjusted Book per Share Related Terms

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


Grupo Melo (XPTY:MELO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Via Espana Rio Abajo, Building 2313, P.O. Box 0816-07582, Panama City, PAN
Grupo Melo SA is engaged in the production, processing, distribution, and marketing of food. The company also distributes machinery for agriculture and construction and develops and promotes real estate. Its brand profile include COMASA, ISUZU, MELO, and BREDOS among others.

Grupo Melo (XPTY:MELO) Headlines

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