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IVFH (Innovative Food Holdings) Cyclically Adjusted PB Ratio : 7.18 (As of Dec. 14, 2024)


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What is Innovative Food Holdings Cyclically Adjusted PB Ratio?

As of today (2024-12-14), Innovative Food Holdings's current share price is $1.795. Innovative Food Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $0.25. Innovative Food Holdings's Cyclically Adjusted PB Ratio for today is 7.18.

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

IVFH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 2.36   Max: 40.5
Current: 7.18

During the past years, Innovative Food Holdings's highest Cyclically Adjusted PB Ratio was 40.50. The lowest was 0.59. And the median was 2.36.

IVFH's Cyclically Adjusted PB Ratio is ranked worse than
89.08% of 229 companies
in the Retail - Defensive industry
Industry Median: 1.7 vs IVFH: 7.18

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.

Innovative Food Holdings's adjusted book value per share data for the three months ended in Sep. 2024 was $0.113. 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 $0.25 for the trailing ten years ended in Sep. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Innovative Food Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Innovative Food Holdings'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.

Innovative Food Holdings Cyclically Adjusted PB Ratio Chart

Innovative Food Holdings 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 - 4.79 1.62 0.73 2.64

Innovative Food Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 2.55 2.64 3.55 4.43 4.96

Competitive Comparison of Innovative Food Holdings's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Innovative Food Holdings'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.


Innovative Food Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Innovative Food Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Innovative Food Holdings's Cyclically Adjusted PB Ratio falls into.



Innovative Food Holdings 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.

Innovative Food Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.795/0.25
=7.18

* 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.

Innovative Food Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:

For example, Innovative Food Holdings's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book=Book Value per Share/CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=0.113/133.0289*133.0289
=0.113

Current CPI (Sep. 2024) = 133.0289.

Innovative Food Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201412 0.736 99.070 0.988
201503 0.664 99.621 0.887
201506 0.643 100.684 0.850
201509 0.583 100.392 0.773
201512 -0.229 99.792 -0.305
201603 0.044 100.470 0.058
201606 0.076 101.688 0.099
201609 0.119 101.861 0.155
201612 0.107 101.863 0.140
201703 0.132 102.862 0.171
201706 0.178 103.349 0.229
201709 0.222 104.136 0.284
201712 0.255 104.011 0.326
201803 0.263 105.290 0.332
201806 0.272 106.317 0.340
201809 0.278 106.507 0.347
201812 0.301 105.998 0.378
201903 0.311 107.251 0.386
201906 0.314 108.070 0.387
201909 0.317 108.329 0.389
201912 0.321 108.420 0.394
202003 0.227 108.902 0.277
202006 0.182 108.767 0.223
202009 0.138 109.815 0.167
202012 0.110 109.897 0.133
202103 0.061 111.754 0.073
202106 0.039 114.631 0.045
202109 0.121 115.734 0.139
202112 0.161 117.630 0.182
202203 0.136 121.301 0.149
202206 0.112 125.017 0.119
202209 0.114 125.227 0.121
202212 0.137 125.222 0.146
202303 0.082 127.348 0.086
202306 0.087 128.729 0.090
202309 0.090 129.860 0.092
202312 0.056 129.419 0.058
202403 0.087 131.776 0.088
202406 0.087 132.554 0.087
202409 0.113 133.029 0.113

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.


Innovative Food Holdings  (OTCPK:IVFH) 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.


Innovative Food Holdings Cyclically Adjusted PB Ratio Related Terms

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


Innovative Food Holdings Business Description

Traded in Other Exchanges
N/A
Address
9696 Bonita Beach Road, Suite 208, Bonita Springs, FL, USA, 34135
Innovative Food Holdings Inc through its subsidiaries is engaged in the distribution of perishables and specialty food products. Its customers include restaurants, hotels, country clubs, national chain accounts, casinos, hospitals, and catering houses. The company distributes perishable and specialty food and food-related products, including origin-specific seafood, domestic and imported meats, exotic game and poultry, artisanal cheeses, freshly prepared meals, caviar, wild and cultivated mushrooms, micro-greens, organic farmed and manufactured food products, estate-bottled olive oils and aged vinegar. The company also drop ship specialty foods to Professional Chefs nationally through the websites of broadline distributors, such as US Foods, Inc.
Executives
Denver Johnson Smith director 350 S RACE STREET, DENVER CO 80209
Samuel Klepfish director, officer: CEO 231 NORMAN AVENUE, BROOKLYN NY 11222
Brady Smallwood director, officer: Chief Operating Officer 4505 NE BIRCHGROVE PL, BENTONVILLE AR 72712
Robert William Bennett director, officer: Chief Executive Officer 28411 RACETRACK RD, BONITA SPRINGS FL 34135
Hank Cohn director 14 CHARLOTTE DRIVE, WESLEY HILLS NY 10977
Jefferson Gramm director C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004
James C Pappas 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Richard Tang officer: Chief Financial Officer C/O INNOVATIVE FOOD HOLDINGS, INC., 28411 RACETRACK RD, BONITA SPRINGS FL 34135
David Polinsky director 90 BOOTH AVENUE, ENGLEWOOD NJ 07631
Jcp Investment Management, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Mark Schmulen 10 percent owner, other: See Explanation of Responses 11 GREENWAY PLAZA, SUITE 2400, HOUSTON TX 77046
Loukas D. Kozonis 10 percent owner, other: See Explanation of Responses 4849 N. MILWAUKEE AVENUE, SUITE 300, CHICAGO IL 60630
Jcp Investment Holdings, Llc 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partners, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Jcp Investment Partnership, Lp 10 percent owner 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027