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FrieslandCampina Engro Pakistan (KAR:FCEPL) Cyclically Adjusted PB Ratio : 4.07 (As of May. 16, 2024)


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What is FrieslandCampina Engro Pakistan Cyclically Adjusted PB Ratio?

As of today (2024-05-16), FrieslandCampina Engro Pakistan's current share price is ₨72.53. FrieslandCampina Engro Pakistan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₨17.82. FrieslandCampina Engro Pakistan's Cyclically Adjusted PB Ratio for today is 4.07.

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

KAR:FCEPL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.09   Med: 3.96   Max: 5.65
Current: 4.07

During the past years, FrieslandCampina Engro Pakistan's highest Cyclically Adjusted PB Ratio was 5.65. The lowest was 3.09. And the median was 3.96.

KAR:FCEPL's Cyclically Adjusted PB Ratio is ranked worse than
84.49% of 1251 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs KAR:FCEPL: 4.07

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.

FrieslandCampina Engro Pakistan's adjusted book value per share data for the three months ended in Mar. 2024 was ₨19.359. 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 ₨17.82 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


FrieslandCampina Engro Pakistan Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FrieslandCampina Engro Pakistan'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.

FrieslandCampina Engro Pakistan Cyclically Adjusted PB Ratio Chart

FrieslandCampina Engro Pakistan 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 - - 5.26 3.81 4.60

FrieslandCampina Engro Pakistan Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 3.25 3.33 3.16 4.60 3.78

Competitive Comparison of FrieslandCampina Engro Pakistan's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, FrieslandCampina Engro Pakistan'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.


FrieslandCampina Engro Pakistan's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where FrieslandCampina Engro Pakistan's Cyclically Adjusted PB Ratio falls into.



FrieslandCampina Engro Pakistan 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.

FrieslandCampina Engro Pakistan's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=72.53/17.82
=4.07

* 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.

FrieslandCampina Engro Pakistan's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, FrieslandCampina Engro Pakistan's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=19.359/129.4194*129.4194
=19.359

Current CPI (Mar. 2024) = 129.4194.

FrieslandCampina Engro Pakistan Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.470 100.560 18.623
201409 14.315 100.428 18.447
201412 15.103 99.070 19.730
201503 16.532 99.621 21.477
201506 17.711 100.684 22.766
201509 18.876 100.392 24.334
201512 19.453 99.792 25.228
201603 20.806 100.470 26.801
201606 21.887 101.688 27.856
201609 22.657 101.861 28.787
201612 22.372 101.863 28.424
201703 12.775 102.862 16.073
201706 12.484 103.349 15.633
201709 0.000 104.136 0.000
201712 12.681 104.011 15.779
201803 12.599 105.290 15.486
201806 12.855 106.317 15.648
201809 12.858 106.507 15.624
201812 12.185 105.998 14.877
201903 12.285 107.251 14.824
201906 11.865 108.070 14.209
201909 11.121 108.329 13.286
201912 10.938 108.420 13.057
202003 10.767 108.902 12.796
202006 11.319 108.767 13.468
202009 11.358 109.815 13.386
202012 11.150 109.897 13.131
202103 11.863 111.754 13.738
202106 12.995 114.631 14.671
202109 13.706 115.734 15.327
202112 13.472 117.630 14.822
202203 14.337 121.301 15.297
202206 14.695 125.017 15.213
202209 15.774 125.227 16.302
202212 16.553 125.222 17.108
202303 17.845 127.348 18.135
202306 18.283 128.729 18.381
202309 18.608 129.860 18.545
202312 18.492 129.419 18.492
202403 19.359 129.419 19.359

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.


FrieslandCampina Engro Pakistan  (KAR:FCEPL) 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.


FrieslandCampina Engro Pakistan Cyclically Adjusted PB Ratio Related Terms

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FrieslandCampina Engro Pakistan (KAR:FCEPL) Business Description

Traded in Other Exchanges
N/A
Address
Harbor Front Building, 5th Floor, HC-3, Near Marine Drive, Block - 4, Clifton, Karachi, PAK, 75600
FrieslandCampina Engro Pakistan Ltd is involved in the business of manufacturing, process, and selling dairy products, beverages, ice cream, and frozen desserts. It also owns and operates dairy farms. It sells its products under the brand name Olper's, Dairy Omung, Omore, and others. Its operating segment of the company is Dairy-Based products & frozen desserts out of which the majority comes from Dairy-Based products.

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