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BKFKF (Bakkafrost P/F) Cyclically Adjusted PB Ratio : 2.98 (As of Mar. 04, 2025)


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What is Bakkafrost P/F Cyclically Adjusted PB Ratio?

As of today (2025-03-04), Bakkafrost P/F's current share price is $49.00. Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 was $16.47. Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is 2.98.

The historical rank and industry rank for Bakkafrost P/F's Cyclically Adjusted PB Ratio or its related term are showing as below:

BKFKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 7.23   Max: 11.13
Current: 2.91

During the past years, Bakkafrost P/F's highest Cyclically Adjusted PB Ratio was 11.13. The lowest was 2.91. And the median was 7.23.

BKFKF's Cyclically Adjusted PB Ratio is ranked worse than
78.26% of 1136 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs BKFKF: 2.91

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.

Bakkafrost P/F's adjusted book value per share data for the three months ended in Dec. 2024 was $26.436. 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 $16.47 for the trailing ten years ended in Dec. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bakkafrost P/F Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bakkafrost P/F'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.

Bakkafrost P/F Cyclically Adjusted PB Ratio Chart

Bakkafrost P/F Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.27 5.32 4.48 3.21 3.27

Bakkafrost P/F Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 3.21 3.99 2.99 3.23 3.27

Competitive Comparison of Bakkafrost P/F's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Bakkafrost P/F'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.


Bakkafrost P/F's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Bakkafrost P/F's Cyclically Adjusted PB Ratio falls into.



Bakkafrost P/F 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.

Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.00/16.47
=2.98

* 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.

Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2024 is calculated as:

For example, Bakkafrost P/F'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)
=26.436/133.1571*133.1571
=26.436

Current CPI (Dec. 2024) = 133.1571.

Bakkafrost P/F Quarterly Data

Book Value per Share CPI Adj_Book
201503 6.618 99.621 8.846
201506 6.569 100.684 8.688
201509 6.995 100.392 9.278
201512 7.743 99.792 10.332
201603 8.601 100.470 11.399
201606 8.181 101.688 10.713
201609 9.279 101.861 12.130
201612 10.343 101.863 13.521
201703 10.713 102.862 13.868
201706 11.165 103.349 14.385
201709 12.042 104.136 15.398
201712 11.844 104.011 15.163
201803 13.229 105.290 16.730
201806 11.988 106.317 15.014
201809 13.103 106.507 16.382
201812 12.759 105.998 16.028
201903 13.324 107.251 16.542
201906 12.672 108.070 15.614
201909 16.602 108.329 20.407
201912 20.949 108.420 25.729
202003 20.336 108.902 24.865
202006 21.924 108.767 26.840
202009 23.499 109.815 28.494
202012 24.176 109.897 29.293
202103 24.879 111.754 29.644
202106 25.770 114.631 29.935
202109 25.507 115.734 29.347
202112 24.043 117.630 27.217
202203 23.680 121.301 25.995
202206 24.705 125.017 26.314
202209 23.675 125.227 25.174
202212 25.040 125.222 26.627
202303 26.486 127.348 27.694
202306 25.251 128.729 26.120
202309 25.329 129.860 25.972
202312 26.841 129.419 27.616
202403 27.855 131.776 28.147
202406 26.051 132.554 26.170
202409 26.750 133.029 26.776
202412 26.436 133.157 26.436

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.


Bakkafrost P/F  (OTCPK:BKFKF) 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.


Bakkafrost P/F Cyclically Adjusted PB Ratio Related Terms

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


Bakkafrost P/F Business Description

Address
Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625
Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into segments namely, Fishmeal, oil and feed segment, Freshwater FO segment, Farming FO segment, Freshwater SCT segment, Farming SCT segment, services, sales, and others. Geographically, the company derives maximum revenue from Western Europe.

Bakkafrost P/F Headlines