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Altria Group (BUE:MO) Cyclically Adjusted PB Ratio : 19.19 (As of Jun. 01, 2025)


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What is Altria Group Cyclically Adjusted PB Ratio?

As of today (2025-06-01), Altria Group's current share price is ARS18225.00. Altria Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was ARS949.77. Altria Group's Cyclically Adjusted PB Ratio for today is 19.19.

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

BUE:MO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 7.89   Med: 13.27   Max: 27.5
Current: 20.94

During the past years, Altria Group's highest Cyclically Adjusted PB Ratio was 27.50. The lowest was 7.89. And the median was 13.27.

BUE:MO's Cyclically Adjusted PB Ratio is ranked worse than
93.55% of 31 companies
in the Tobacco Products industry
Industry Median: 2.25 vs BUE:MO: 20.94

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.

Altria Group's adjusted book value per share data for the three months ended in Mar. 2025 was ARS-8,879.657. 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 ARS949.77 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altria Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Altria Group'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.

Altria Group Cyclically Adjusted PB Ratio Chart

Altria Group 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 10.84 12.39 12.49 12.14 17.72

Altria Group Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 13.46 14.49 16.83 17.72 20.74

Competitive Comparison of Altria Group's Cyclically Adjusted PB Ratio

For the Tobacco subindustry, Altria Group'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.


Altria Group's Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Altria Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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


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Altria Group 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.

Altria Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18225.00/949.77
=19.19

* 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.

Altria Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Altria Group's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=-8879.657/134.9266*134.9266
=-8,879.657

Current CPI (Mar. 2025) = 134.9266.

Altria Group Quarterly Data

Book Value per Share CPI Adj_Book
201506 51.482 100.684 68.991
201509 55.378 100.392 74.428
201512 76.071 99.792 102.854
201603 81.950 100.470 110.055
201606 89.859 101.688 119.231
201609 90.017 101.861 119.238
201612 416.928 101.863 552.260
201703 390.694 102.862 512.482
201706 426.382 103.349 556.660
201709 446.562 104.136 578.602
201712 617.746 104.011 801.360
201803 655.127 105.290 839.533
201806 835.416 106.317 1,060.226
201809 1,213.070 106.507 1,536.762
201812 1,190.026 105.998 1,514.805
201903 1,176.111 107.251 1,479.608
201906 1,383.740 108.070 1,727.623
201909 1,262.742 108.329 1,572.772
201912 800.679 108.420 996.429
202003 874.142 108.902 1,083.043
202006 838.147 108.767 1,039.727
202009 501.586 109.815 616.285
202012 497.278 109.897 610.537
202103 566.814 111.754 684.343
202106 668.808 114.631 787.219
202109 -269.519 115.734 -314.214
202112 -355.840 117.630 -408.165
202203 -417.114 121.301 -463.968
202206 -641.762 125.017 -692.633
202209 -1,311.252 125.227 -1,412.822
202212 -1,492.153 125.222 -1,607.796
202303 -1,714.764 127.348 -1,816.814
202306 -2,068.942 128.729 -2,168.555
202309 -2,694.600 129.860 -2,799.743
202312 -2,898.710 129.419 -3,022.059
202403 -10,033.709 131.776 -10,273.587
202406 -6,317.800 132.554 -6,430.893
202409 -7,772.191 133.029 -7,883.064
202412 -5,347.949 133.157 -5,419.017
202503 -8,879.657 134.927 -8,879.657

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.


Altria Group  (BUE:MO) 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.


Altria Group Cyclically Adjusted PB Ratio Related Terms

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


Altria Group Business Description

Address
6601 West Broad Street, Richmond, VA, USA, 23230
Altria comprises Philip Morris USA, US Smokeless Tobacco, John Middleton, Horizon Innovations, and Helix Innovations. Through its tobacco subsidiaries, Altria maintains the leading position in cigarettes and smokeless tobacco in the United States and the number-two spot in machine-made cigars. The company's Marlboro brand is the leading cigarette brand in the US with 42% annual share in 2024. Beyond its core business, it holds an 8% interest in the world's largest brewer, Anheuser-Busch InBev and a 41% stake in cannabis manufacturer Cronos. It also acquired vaping company Njoy Holdings in 2023 and operates a joint venture with Japan Tobacco in the heated tobacco category.