GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Chocoladefabriken Lindt & Spruengli AG (OTCPK:LDSVF) » Definitions » Cyclically Adjusted PB Ratio

Chocoladefabriken Lindt & Spruengli AG (Chocoladefabriken Lindt & Spruengli AG) Cyclically Adjusted PB Ratio : 5.35 (As of May. 17, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Chocoladefabriken Lindt & Spruengli AG Cyclically Adjusted PB Ratio?

As of today (2024-05-17), Chocoladefabriken Lindt & Spruengli AG's current share price is $11703.8695. Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $2,187.00. Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted PB Ratio for today is 5.35.

The historical rank and industry rank for Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted PB Ratio or its related term are showing as below:

LDSVF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.45   Med: 6.91   Max: 9.74
Current: 5.7

During the past 13 years, Chocoladefabriken Lindt & Spruengli AG's highest Cyclically Adjusted PB Ratio was 9.74. The lowest was 5.45. And the median was 6.91.

LDSVF's Cyclically Adjusted PB Ratio is ranked worse than
90.36% of 1255 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs LDSVF: 5.70

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.

Chocoladefabriken Lindt & Spruengli AG's adjusted book value per share data of for the fiscal year that ended in Dec23 was $2,140.251. 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 $2,187.00 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Chocoladefabriken Lindt & Spruengli AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Chocoladefabriken Lindt & Spruengli AG'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.

Chocoladefabriken Lindt & Spruengli AG Cyclically Adjusted PB Ratio Chart

Chocoladefabriken Lindt & Spruengli AG 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 6.39 6.11 7.57 5.37 5.48

Chocoladefabriken Lindt & Spruengli AG Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 7.57 - 5.37 - 5.48

Competitive Comparison of Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Chocoladefabriken Lindt & Spruengli AG'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.


Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted PB Ratio falls into.



Chocoladefabriken Lindt & Spruengli AG 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.

Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11703.8695/2187
=5.35

* 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.

Chocoladefabriken Lindt & Spruengli AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Chocoladefabriken Lindt & Spruengli AG's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2140.251/106.4612*106.4612
=2,140.251

Current CPI (Dec23) = 106.4612.

Chocoladefabriken Lindt & Spruengli AG Annual Data

Book Value per Share CPI Adj_Book
201412 1,349.826 100.704 1,426.998
201512 1,507.481 99.386 1,614.792
201612 1,527.608 99.380 1,636.464
201712 1,771.851 100.213 1,882.324
201812 1,881.332 100.906 1,984.905
201912 1,999.998 101.063 2,106.822
202012 2,161.504 100.241 2,295.637
202112 2,346.153 101.776 2,454.169
202212 2,019.893 104.666 2,054.534
202312 2,140.251 106.461 2,140.251

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.


Chocoladefabriken Lindt & Spruengli AG  (OTCPK:LDSVF) 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.


Chocoladefabriken Lindt & Spruengli AG Cyclically Adjusted PB Ratio Related Terms

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


Chocoladefabriken Lindt & Spruengli AG (Chocoladefabriken Lindt & Spruengli AG) Business Description

Address
Seestrasse 204, Kilchberg, CHE, CH-8802
Swiss-based Chocoladefabriken Lindt & Spruengli is a manufacturer of premium chocolate. Key brands include Lindt, Lindor, Ghirardelli, Russell Stover, Whitman's, and Caffarel. The company bought U.S.-based Russell Stover, its largest-ever acquisition, in 2014. It derives the bulk of its sales from Europe (46% of its consolidated base) but also competes in North America (41%) and the rest of the world (13%). The company operates 11 manufacturing plants in Europe and the United States. Its distribution network includes 500 own stores.

Chocoladefabriken Lindt & Spruengli AG (Chocoladefabriken Lindt & Spruengli AG) Headlines

From GuruFocus

Christopher Browne: Finding Value Away From Home

By Robert Abbott Robert Abbott 06-12-2019