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Lancaster Colony (FRA:LC1) Cyclically Adjusted PB Ratio : 5.65 (As of Sep. 22, 2024)


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What is Lancaster Colony Cyclically Adjusted PB Ratio?

As of today (2024-09-22), Lancaster Colony's current share price is €161.00. Lancaster Colony's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €28.50. Lancaster Colony's Cyclically Adjusted PB Ratio for today is 5.65.

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

FRA:LC1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.46   Med: 6.6   Max: 8.96
Current: 5.87

During the past years, Lancaster Colony's highest Cyclically Adjusted PB Ratio was 8.96. The lowest was 4.46. And the median was 6.60.

FRA:LC1's Cyclically Adjusted PB Ratio is ranked worse than
91.87% of 1169 companies
in the Consumer Packaged Goods industry
Industry Median: 1.3 vs FRA:LC1: 5.87

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.

Lancaster Colony's adjusted book value per share data for the three months ended in Jun. 2024 was €31.243. 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 €28.50 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lancaster Colony Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lancaster Colony'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.

Lancaster Colony Cyclically Adjusted PB Ratio Chart

Lancaster Colony Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.80 7.78 4.64 6.86 6.11

Lancaster Colony Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 6.86 5.55 5.58 6.79 6.11

Competitive Comparison of Lancaster Colony's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Lancaster Colony'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.


Lancaster Colony's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Lancaster Colony 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.

Lancaster Colony's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=161.00/28.5
=5.65

* 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.

Lancaster Colony's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Lancaster Colony's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=31.243/132.5538*132.5538
=31.243

Current CPI (Jun. 2024) = 132.5538.

Lancaster Colony Quarterly Data

Book Value per Share CPI Adj_Book
201409 15.329 100.428 20.233
201412 16.642 99.070 22.267
201503 19.231 99.621 25.588
201506 18.918 100.684 24.906
201509 19.429 100.392 25.653
201512 16.184 99.792 21.497
201603 16.334 100.470 21.550
201606 16.668 101.688 21.727
201609 17.366 101.861 22.599
201612 19.336 101.863 25.162
201703 19.052 102.862 24.551
201706 18.676 103.349 23.954
201709 18.055 104.136 22.982
201712 19.116 104.011 24.362
201803 18.679 105.290 23.516
201806 20.313 106.317 25.326
201809 21.013 106.507 26.152
201812 22.523 105.998 28.166
201903 23.006 107.251 28.434
201906 23.399 108.070 28.700
201909 24.766 108.329 30.304
201912 25.280 108.420 30.907
202003 25.434 108.902 30.958
202006 25.271 108.767 30.798
202009 24.696 109.815 29.810
202012 24.658 109.897 29.742
202103 25.346 111.754 30.063
202106 25.419 114.631 29.393
202109 26.246 115.734 30.060
202112 27.803 117.630 31.331
202203 27.666 121.301 30.233
202206 29.036 125.017 30.787
202209 31.600 125.227 33.449
202212 30.115 125.222 31.878
202303 29.632 127.348 30.843
202306 28.912 128.729 29.771
202309 29.923 129.860 30.544
202312 30.265 129.419 30.998
202403 30.509 131.776 30.689
202406 31.243 132.554 31.243

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.


Lancaster Colony  (FRA:LC1) 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.


Lancaster Colony Cyclically Adjusted PB Ratio Related Terms

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


Lancaster Colony Business Description

Traded in Other Exchanges
Address
380 Polaris Parkway, Suite 400, Westerville, OH, USA, 43082
Lancaster Colony Corp is a manufacturer and marketer of speciality food products. The company's segments include Retail and Foodservice. By product segment, the company divides its portfolio into non frozen (roughly 70% of net sales) and frozen food. The key products and brands are salad dressing and sauces (Cardini's, Girard's, Marzetti), frozen garlic breads (New York Brand Bakery, Mamma Bella), vegetable dips and fruit dips (Marzetti), frozen parkerhouse-style yeast rolls and dinner rolls (Sister Schubert's, Mary B's), premium dry egg noodles (Amish Kitchen), frozen speciality noodles (Reames, Aunt Vi's), croutons and salad toppings, flatbread wraps, and pizza crusts.

Lancaster Colony Headlines

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