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National Beverage (MEX:FIZZ) Cyclically Adjusted PB Ratio : 12.07 (As of Jun. 23, 2024)


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What is National Beverage Cyclically Adjusted PB Ratio?

As of today (2024-06-23), National Beverage's current share price is MXN1115.00. National Beverage's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was MXN92.35. National Beverage's Cyclically Adjusted PB Ratio for today is 12.07.

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

MEX:FIZZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.85   Med: 14.32   Max: 36.7
Current: 12.73

During the past years, National Beverage's highest Cyclically Adjusted PB Ratio was 36.70. The lowest was 4.85. And the median was 14.32.

MEX:FIZZ's Cyclically Adjusted PB Ratio is ranked worse than
93.9% of 82 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.345 vs MEX:FIZZ: 12.73

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.

National Beverage's adjusted book value per share data for the three months ended in Jan. 2024 was MXN93.667. 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 MXN92.35 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


National Beverage Cyclically Adjusted PB Ratio Historical Data

The historical data trend for National Beverage'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.

National Beverage Cyclically Adjusted PB Ratio Chart

National Beverage Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.69 11.00 17.99 14.04 14.23

National Beverage Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 13.11 14.23 14.66 12.47 12.08

Competitive Comparison of National Beverage's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, National Beverage'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.


National Beverage's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

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

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



National Beverage 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.

National Beverage's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1115.00/92.35
=12.07

* 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.

National Beverage's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, National Beverage's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=93.667/130.1244*130.1244
=93.667

Current CPI (Jan. 2024) = 130.1244.

National Beverage Quarterly Data

Book Value per Share CPI Adj_Book
201404 14.939 100.023 19.435
201407 16.521 100.520 21.387
201410 18.756 100.176 24.363
201501 22.198 98.604 29.294
201504 24.464 99.824 31.890
201507 28.151 100.691 36.380
201510 31.795 100.346 41.230
201601 37.729 99.957 49.116
201604 38.031 100.947 49.023
201607 47.452 101.524 60.820
201610 52.689 101.988 67.225
201701 48.387 102.456 61.454
201704 49.886 103.167 62.921
201707 40.888 103.278 51.517
201710 51.480 104.070 64.368
201801 58.602 104.578 72.918
201804 66.700 105.708 82.106
201807 75.437 106.324 92.323
201810 90.529 106.695 110.409
201901 62.363 106.200 76.412
201904 67.487 107.818 81.449
201907 74.564 108.250 89.631
201910 82.039 108.577 98.320
202001 85.514 108.841 102.236
202004 116.301 108.173 139.901
202007 121.256 109.318 144.335
202010 127.242 109.861 150.712
202101 68.573 110.364 80.851
202104 76.923 112.673 88.837
202107 86.803 115.183 98.063
202110 98.369 116.696 109.689
202201 45.570 118.619 49.990
202204 52.194 121.978 55.680
202207 57.586 125.002 59.946
202210 62.714 125.734 64.904
202301 68.334 126.223 70.446
202304 71.742 127.992 72.937
202307 75.561 128.974 76.235
202310 90.277 129.810 90.496
202401 93.667 130.124 93.667

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.


National Beverage  (MEX:FIZZ) 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.


National Beverage Cyclically Adjusted PB Ratio Related Terms

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


National Beverage (MEX:FIZZ) Business Description

Traded in Other Exchanges
Address
8100 SW Tenth Street, Suite 4000, Fort Lauderdale, FL, USA, 33324
National Beverage Corp is a non-alcoholic beverage company in the U.S. Its portfolio skews toward functional drinks (that is those purporting to offer health benefits) and is anchored by the popular LaCroix sparkling water trademark. Other offerings include Rip It energy drinks, Everfresh juices, and soda brands like Shasta and Faygo. The firm controls the majority of its production and distribution apparatus, with very little outsourcing. In terms of go-to-market, it uses warehouse distribution for big-box retailers, direct-store delivery for convenience stores and other small outlets, and food-service distributors for the food-service channel (schools, hospitals, restaurants). It is controlled by chairman and CEO Nick Caporella, who owns over 73% of the common stock.