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Grupo HerdezB de CV (MEX:HERDEZ) Cyclically Adjusted PB Ratio : 2.10 (As of Jun. 23, 2024)


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What is Grupo HerdezB de CV Cyclically Adjusted PB Ratio?

As of today (2024-06-23), Grupo HerdezB de CV's current share price is MXN49.70. Grupo HerdezB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MXN23.72. Grupo HerdezB de CV's Cyclically Adjusted PB Ratio for today is 2.10.

The historical rank and industry rank for Grupo HerdezB de CV's Cyclically Adjusted PB Ratio or its related term are showing as below:

MEX:HERDEZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.2   Med: 2.2   Max: 3.51
Current: 2.1

During the past years, Grupo HerdezB de CV's highest Cyclically Adjusted PB Ratio was 3.51. The lowest was 1.20. And the median was 2.20.

MEX:HERDEZ's Cyclically Adjusted PB Ratio is ranked worse than
66.64% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs MEX:HERDEZ: 2.10

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.

Grupo HerdezB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was MXN22.421. 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 MXN23.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Grupo HerdezB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Grupo HerdezB de CV'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.

Grupo HerdezB de CV Cyclically Adjusted PB Ratio Chart

Grupo HerdezB de CV 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 2.25 2.85 2.00 1.96 1.97

Grupo HerdezB de CV 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 2.05 1.96 1.77 1.97 1.89

Competitive Comparison of Grupo HerdezB de CV's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Grupo HerdezB de CV'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.


Grupo HerdezB de CV's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Grupo HerdezB de CV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Grupo HerdezB de CV's Cyclically Adjusted PB Ratio falls into.



Grupo HerdezB de CV 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.

Grupo HerdezB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.70/23.72
=2.10

* 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.

Grupo HerdezB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Grupo HerdezB de CV'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)
=22.421/152.9470*152.9470
=22.421

Current CPI (Mar. 2024) = 152.9470.

Grupo HerdezB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.907 96.609 22.017
201409 14.366 97.652 22.501
201412 14.604 99.469 22.456
201503 15.649 99.973 23.941
201506 15.439 99.382 23.760
201509 16.113 100.112 24.617
201512 15.612 101.588 23.505
201603 16.015 102.573 23.880
201606 15.716 101.905 23.588
201609 16.398 103.084 24.330
201612 17.008 105.002 24.774
201703 17.233 108.063 24.391
201706 16.613 108.339 23.453
201709 17.055 109.628 23.794
201712 18.502 112.114 25.241
201803 18.504 113.505 24.934
201806 18.694 113.373 25.219
201809 18.853 115.130 25.046
201812 19.805 117.530 25.773
201903 20.111 118.050 26.056
201906 19.289 117.848 25.034
201909 19.729 118.581 25.447
201912 20.952 120.854 26.516
202003 22.064 121.885 27.687
202006 20.337 121.777 25.542
202009 20.130 123.341 24.962
202012 21.135 124.661 25.931
202103 20.195 127.574 24.212
202106 18.635 128.936 22.105
202109 19.070 130.742 22.309
202112 19.662 133.830 22.471
202203 20.047 137.082 22.367
202206 19.108 139.233 20.990
202209 19.186 142.116 20.648
202212 20.260 144.291 21.475
202303 20.281 146.472 21.178
202306 19.969 146.272 20.880
202309 20.835 148.446 21.467
202312 21.490 151.017 21.765
202403 22.421 152.947 22.421

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.


Grupo HerdezB de CV  (MEX:HERDEZ) 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.


Grupo HerdezB de CV Cyclically Adjusted PB Ratio Related Terms

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


Grupo HerdezB de CV (MEX:HERDEZ) Business Description

Traded in Other Exchanges
Address
Monte Pelvaoux 215, Col. Lomas de Chapultepec, Miguel Hidalgo, Mexico, MEX, 11000
Grupo Herdez SAB de CV specialises in the processed food and ice cream industries, with its operations primarily in Mexico. The company engages in the manufacturing, purchasing, distributing, and marketing of canned and packaged food products in Mexico, as well as food products at the Mexican food segment within the United States. Product segments include burritos, canned vegetables, frozen yogurt, guacamole, and home-style salsas. Products are then sold through a variety of brands, such as Aires de Campo, Barilla, Bufalo and many more.

Grupo HerdezB de CV (MEX:HERDEZ) Headlines

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