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Synlait Milk (ASX:SM1) Cyclically Adjusted PB Ratio : 0.26 (As of Jun. 01, 2025)


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What is Synlait Milk Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Synlait Milk's current share price is A$0.695. Synlait Milk's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 was A$2.70. Synlait Milk's Cyclically Adjusted PB Ratio for today is 0.26.

The historical rank and industry rank for Synlait Milk's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:SM1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.32   Max: 1.41
Current: 0.24

During the past 12 years, Synlait Milk's highest Cyclically Adjusted PB Ratio was 1.41. The lowest was 0.08. And the median was 0.32.

ASX:SM1's Cyclically Adjusted PB Ratio is ranked better than
93.74% of 1310 companies
in the Consumer Packaged Goods industry
Industry Median: 1.335 vs ASX:SM1: 0.24

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.

Synlait Milk's adjusted book value per share data of for the fiscal year that ended in Jul23 was A$3.341. 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 A$2.70 for the trailing ten years ended in Jul23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Synlait Milk Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Synlait Milk's Cyclically Adjusted PB Ratio 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.

Synlait Milk Cyclically Adjusted PB Ratio Chart

Synlait Milk Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.25 0.55 -

Synlait Milk Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
Cyclically Adjusted PB Ratio 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 - 0.55 - - -

Competitive Comparison of Synlait Milk's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Synlait Milk'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.


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

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

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


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Synlait Milk Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Synlait Milk's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.695/2.70
=0.26

* 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.

Synlait Milk's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul23 is calculated as:

For example, Synlait Milk's adjusted Book Value per Share data for the fiscal year that ended in Jul23 was:

Adj_Book=Book Value per Share/CPI of Jul23 (Change)*Current CPI (Jul23)
=3.341/128.0949*128.0949
=3.341

Current CPI (Jul23) = 128.0949.

Synlait Milk Annual Data

Book Value per Share CPI Adj_Book
201407 1.122 99.979 1.438
201507 1.021 100.396 1.303
201607 1.611 100.813 2.047
201707 2.068 102.731 2.579
201807 2.174 104.684 2.660
201907 2.630 106.218 3.172
202007 3.166 107.751 3.764
202107 3.304 113.067 3.743
202207 3.095 121.245 3.270
202307 3.341 128.095 3.341

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


Synlait Milk  (ASX:SM1) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Synlait Milk Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Synlait Milk's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Synlait Milk Business Description

Traded in Other Exchanges
Address
1028 Heslerton Road, RD13, Rakaia, STL, NZL, 7783
Synlait Milk Ltd is a dairy processing company that benefits from a differentiated milk supply and operating environment in New Zealand. The business operates within one industry that includes the manufacture of milk powder and its related products, liquid milk, cheese, and butter. Its segment are Synlait and Dairyworks, out of which it derives maximum revenue from Synlait segment.

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