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Hilton Food Group (LSE:HFG) Cyclically Adjusted PB Ratio : 3.43 (As of Jun. 06, 2024)


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What is Hilton Food Group Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Hilton Food Group's current share price is £8.68. Hilton Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was £2.53. Hilton Food Group's Cyclically Adjusted PB Ratio for today is 3.43.

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

LSE:HFG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.57   Med: 10.07   Max: 18.53
Current: 3.53

During the past 13 years, Hilton Food Group's highest Cyclically Adjusted PB Ratio was 18.53. The lowest was 2.57. And the median was 10.07.

LSE:HFG's Cyclically Adjusted PB Ratio is ranked worse than
80.76% of 1341 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs LSE:HFG: 3.53

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.

Hilton Food Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was £3.463. 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 £2.53 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hilton Food Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hilton Food Group'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.

Hilton Food Group Cyclically Adjusted PB Ratio Chart

Hilton Food Group 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 9.58 7.96 6.47 2.55 3.16

Hilton Food Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jul16 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 6.47 - 2.55 - 3.16

Competitive Comparison of Hilton Food Group's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Hilton Food Group'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.


Hilton Food Group's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Hilton Food Group 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.

Hilton Food Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.68/2.53
=3.43

* 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.

Hilton Food Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Hilton Food Group'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)
=3.463/130.5000*130.5000
=3.463

Current CPI (Dec23) = 130.5000.

Hilton Food Group Annual Data

Book Value per Share CPI Adj_Book
201412 0.756 99.900 0.988
201512 0.878 100.400 1.141
201612 1.203 102.200 1.536
201712 1.950 105.000 2.424
201812 2.152 107.100 2.622
201912 2.279 108.500 2.741
202012 2.629 109.400 3.136
202112 3.389 114.700 3.856
202212 3.291 125.300 3.428
202312 3.463 130.500 3.463

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.


Hilton Food Group  (LSE:HFG) 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.


Hilton Food Group Cyclically Adjusted PB Ratio Related Terms

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


Hilton Food Group (LSE:HFG) Business Description

Traded in Other Exchanges
Address
Latham Road, 2-8 The Interchange, Huntingdon, Cambridgeshire, GBR, PE29 6YE
Hilton Food Group PLC is engaged in the specialist retail meat-packing business supplying international food retailers in Europe, Australia, and New Zealand. It is into wholesaling of food protein products including meat, seafood, and vegetarian. The company has three operating segments, namely Europe (which consists of The United Kingdom, Netherlands, Belgium, the Republic of Ireland, Sweden, Denmark, Central Europe including Poland, the Czech Republic, Hungary, Slovakia, Latvia, Lithuania, and Estonia, and Portugal), APAC, and Central costs. The company derives a majority of its revenue from the European Countries.

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