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Britvic (Britvic) Cyclically Adjusted PB Ratio : 5.52 (As of May. 01, 2024)


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What is Britvic Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Britvic's current share price is $10.37. Britvic's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was $1.88. Britvic's Cyclically Adjusted PB Ratio for today is 5.52.

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

BTVCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.24   Med: 17.33   Max: 155.1
Current: 5.79

During the past 13 years, Britvic's highest Cyclically Adjusted PB Ratio was 155.10. The lowest was 5.24. And the median was 17.33.

BTVCF's Cyclically Adjusted PB Ratio is ranked worse than
79.22% of 77 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.28 vs BTVCF: 5.79

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.

Britvic's adjusted book value per share data of for the fiscal year that ended in Sep23 was $1.907. 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 $1.88 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Britvic Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Britvic'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.

Britvic Cyclically Adjusted PB Ratio Chart

Britvic Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.96 9.50 8.65 5.56 5.80

Britvic Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 8.65 - 5.56 - 5.80

Competitive Comparison of Britvic's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Britvic'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.


Britvic's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Britvic's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Britvic 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.

Britvic's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.37/1.88
=5.52

* 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.

Britvic's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Britvic's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=1.907/130.1000*130.1000
=1.907

Current CPI (Sep23) = 130.1000.

Britvic Annual Data

Book Value per Share CPI Adj_Book
201409 0.547 100.000 0.712
201509 1.244 100.200 1.615
201609 1.405 101.500 1.801
201709 1.715 104.300 2.139
201809 1.864 106.600 2.275
201909 1.936 108.400 2.324
202009 1.808 109.200 2.154
202109 2.110 112.400 2.442
202209 2.099 122.300 2.233
202309 1.907 130.100 1.907

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.


Britvic  (OTCPK:BTVCF) 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.


Britvic Cyclically Adjusted PB Ratio Related Terms

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


Britvic (Britvic) Business Description

Traded in Other Exchanges
Address
Breakspear Way, Breakspear Park, Hemel Hempstead, Hertfordshire, GBR, HP2 4TZ
Britvic PLC manufactures and sells nonalcoholic beverages, predominantly in Great Britain, France, and Ireland. In Great Britain and Ireland, the company sells PepsiCo brands in addition to its own Britvic brands. Britvic brands include Robinsons, J2O, Tango, Fruit Shoot and others. In France, it sells its own brands, including Teisseire, as well as private-label juices and syrups. The company also has a small international business that sells in dozens of countries, including India, the United States, and Brazil, where Britvic bought the Ebba company and now owns the Maguary and Dafruta brands. Majority of the company's total revenue is from sales in Great Britain. Britvic predominantly distributes its products to supermarkets.

Britvic (Britvic) Headlines

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