GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Australian Agricultural Co Ltd (FRA:AY5) » Definitions » Cyclically Adjusted PB Ratio

Australian Agricultural Co (FRA:AY5) Cyclically Adjusted PB Ratio : (As of May. 17, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Australian Agricultural Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Australian Agricultural Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Australian Agricultural Co'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.

Australian Agricultural Co Cyclically Adjusted PB Ratio Chart

Australian Agricultural Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.67 0.87 0.77 -

Australian Agricultural Co Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 0.87 - 0.77 - -

Competitive Comparison of Australian Agricultural Co's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Australian Agricultural Co'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.


Australian Agricultural Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Australian Agricultural Co 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.

Australian Agricultural Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Australian Agricultural Co's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.532/127.6062*127.6062
=1.532

Current CPI (Mar24) = 127.6062.

Australian Agricultural Co Annual Data

Book Value per Share CPI Adj_Book
201503 1.021 99.187 1.314
201603 1.120 100.488 1.422
201703 1.298 102.624 1.614
201803 1.028 104.574 1.254
201903 0.887 105.967 1.068
202003 0.862 108.289 1.016
202103 1.134 109.496 1.322
202203 1.528 115.069 1.694
202303 1.631 123.148 1.690
202403 1.532 127.606 1.532

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.


Australian Agricultural Co  (FRA:AY5) 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.


Australian Agricultural Co Cyclically Adjusted PB Ratio Related Terms

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


Australian Agricultural Co (FRA:AY5) Business Description

Traded in Other Exchanges
Address
76 Skyring Terrace, Level 1, Tower A, Gasworks Plaza, Newstead, Brisbane, QLD, AUS, 4006
Australian Agricultural Co Ltd raises cattle in Australia to process and export all over the world. It specializes in grass-fed beef, grain-fed beef, and a Japanese-style beef. The company invests in research and technologies to ensure high quality and enhance productivity. The technologies may focus on performance evaluations, feed efficiency, or disease testing. More opportunities for gathering data exist because the cattle are owned throughout the entire supply chain. The company's processing facility works to get the beef out on a timely basis and will turn to third parties in times of a shortage. The company distributes the beef by tailoring its route-to-market model to capitalize on regional opportunities.

Australian Agricultural Co (FRA:AY5) Headlines

No Headlines