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Remy Cointreau (FRA:RMC) Cyclically Adjusted PB Ratio : 3.01 (As of May. 21, 2024)


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What is Remy Cointreau Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Remy Cointreau's current share price is €92.45. Remy Cointreau's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was €30.73. Remy Cointreau's Cyclically Adjusted PB Ratio for today is 3.01.

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

FRA:RMC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.37   Med: 4.42   Max: 8.24
Current: 3.04

During the past 13 years, Remy Cointreau's highest Cyclically Adjusted PB Ratio was 8.24. The lowest was 2.37. And the median was 4.42.

FRA:RMC's Cyclically Adjusted PB Ratio is ranked worse than
66.67% of 162 companies
in the Beverages - Alcoholic industry
Industry Median: 1.99 vs FRA:RMC: 3.04

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.

Remy Cointreau's adjusted book value per share data of for the fiscal year that ended in Mar23 was €34.783. 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 €30.73 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Remy Cointreau Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Remy Cointreau'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.

Remy Cointreau Cyclically Adjusted PB Ratio Chart

Remy Cointreau Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.89 3.99 6.07 6.65 5.49

Remy Cointreau 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 - 6.65 - 5.49 -

Competitive Comparison of Remy Cointreau's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Remy Cointreau'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.


Remy Cointreau's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

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

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



Remy Cointreau 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.

Remy Cointreau's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=92.45/30.73
=3.01

* 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.

Remy Cointreau's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Remy Cointreau's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=34.783/116.7900*116.7900
=34.783

Current CPI (Mar23) = 116.7900.

Remy Cointreau Annual Data

Book Value per Share CPI Adj_Book
201403 20.933 100.240 24.389
201503 22.114 100.170 25.783
201603 22.871 100.020 26.706
201703 26.271 101.170 30.327
201803 28.140 102.750 31.985
201903 28.612 103.890 32.165
202003 28.135 104.590 31.417
202103 30.808 105.750 34.024
202203 32.731 110.490 34.597
202303 34.783 116.790 34.783

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.


Remy Cointreau  (FRA:RMC) 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.


Remy Cointreau Cyclically Adjusted PB Ratio Related Terms

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Remy Cointreau (FRA:RMC) Business Description

Traded in Other Exchanges
Address
Rue Joseph Pataa, Cognac, FRA, 16100
Remy Cointreau is the world's second-largest distiller of cognac by volume, with a 15.8% global volume share in 2022, according to Euromonitor. Cognac represented 72% of Remy's sales and 90% of EBIT in the same year. The remainder of Remy's portfolio is made up of much smaller group-owned brands, including Cointreau orange liqueur, Metaxa Greek spirit, Mount Gay rum, Bruichladdich single malt scotch, The Botanist gin, Hautes Glaces French whiskey, and Westland American whiskey. The company also distributes third-party brands and in 2023 entered the fragrance business. Remy is controlled by the Andromede family, which owns 41% equity interest and consolidates the business in the Andromede Group. The Cointreau family owns a further 27%, and 41% of the equity is free float.

Remy Cointreau (FRA:RMC) Headlines

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