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Flowers Foods (FRA:FWF) Cyclically Adjusted PB Ratio : 3.59 (As of May. 14, 2024)


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What is Flowers Foods Cyclically Adjusted PB Ratio?

As of today (2024-05-14), Flowers Foods's current share price is €23.40. Flowers Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €6.51. Flowers Foods's Cyclically Adjusted PB Ratio for today is 3.59.

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

FRA:FWF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.81   Med: 4.09   Max: 6.82
Current: 3.47

During the past years, Flowers Foods's highest Cyclically Adjusted PB Ratio was 6.82. The lowest was 2.81. And the median was 4.09.

FRA:FWF's Cyclically Adjusted PB Ratio is ranked worse than
81.04% of 1250 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs FRA:FWF: 3.47

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.

Flowers Foods's adjusted book value per share data for the three months ended in Dec. 2023 was €5.891. 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 €6.51 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Flowers Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Flowers Foods'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.

Flowers Foods Cyclically Adjusted PB Ratio Chart

Flowers Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.93 3.91 4.29 4.11 3.10

Flowers Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 4.11 3.84 3.44 3.04 3.10

Competitive Comparison of Flowers Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Flowers Foods'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.


Flowers Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Flowers Foods 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.

Flowers Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.40/6.51
=3.59

* 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.

Flowers Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Flowers Foods's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5.891/129.4194*129.4194
=5.891

Current CPI (Dec. 2023) = 129.4194.

Flowers Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.935 99.695 5.108
201406 4.025 100.560 5.180
201409 4.292 100.428 5.531
201412 4.351 99.070 5.684
201503 5.095 99.621 6.619
201506 5.051 100.684 6.493
201509 5.171 100.392 6.666
201512 5.376 99.792 6.972
201603 5.019 100.470 6.465
201606 4.960 101.688 6.313
201609 5.052 101.861 6.419
201612 5.504 101.863 6.993
201703 5.564 102.862 7.001
201706 5.376 103.349 6.732
201709 4.771 104.136 5.929
201712 5.020 104.011 6.246
201803 4.969 105.290 6.108
201806 5.268 106.317 6.413
201809 5.192 106.507 6.309
201812 5.244 105.998 6.403
201903 5.307 107.251 6.404
201906 5.415 108.070 6.485
201909 5.552 108.329 6.633
201912 5.376 108.420 6.417
202003 5.649 108.902 6.713
202006 5.609 108.767 6.674
202009 5.422 109.815 6.390
202012 5.334 109.897 6.282
202103 5.608 111.754 6.494
202106 5.586 114.631 6.307
202109 5.677 115.734 6.348
202112 5.908 117.630 6.500
202203 6.250 121.301 6.668
202206 6.464 125.017 6.692
202209 6.864 125.227 7.094
202212 6.453 125.222 6.669
202303 6.445 127.348 6.550
202306 6.421 128.729 6.455
202309 6.101 129.860 6.080
202312 5.891 129.419 5.891

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.


Flowers Foods  (FRA:FWF) 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.


Flowers Foods Cyclically Adjusted PB Ratio Related Terms

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


Flowers Foods (FRA:FWF) Business Description

Traded in Other Exchanges
Address
1919 Flowers Circle, Thomasville, GA, USA, 31757
Flowers Foods Inc is an American company producing bakery food for retail and foodservice across the United States. The product portfolio includes fresh breads, buns, rolls, snack cakes, and tortillas. The company distributes to supermarkets, convenience stores, and restaurants. The key brands are Nature's Own, Whitewheat, Cobblestone Bread, Wonder, Dave's Killer Bread, Canyon Bakehouse, Mrs. Freshley's, and Tastykake.

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