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Kerry Group (MEX:KYGA) Cyclically Adjusted PB Ratio : 2.28 (As of Jun. 22, 2024)


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What is Kerry Group Cyclically Adjusted PB Ratio?

As of today (2024-06-22), Kerry Group's current share price is MXN1474.15. Kerry Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was MXN645.35. Kerry Group's Cyclically Adjusted PB Ratio for today is 2.28.

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

MEX:KYGA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.69   Med: 6.69   Max: 8.52
Current: 2.71

During the past 13 years, Kerry Group's highest Cyclically Adjusted PB Ratio was 8.52. The lowest was 2.69. And the median was 6.69.

MEX:KYGA's Cyclically Adjusted PB Ratio is ranked worse than
73.34% of 1373 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs MEX:KYGA: 2.71

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.

Kerry Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was MXN686.679. 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 MXN645.35 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kerry Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kerry 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.

Kerry Group Cyclically Adjusted PB Ratio Chart

Kerry 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 6.90 6.74 5.50 3.44 2.81

Kerry Group 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 5.50 - 3.44 - 2.81

Competitive Comparison of Kerry Group's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Kerry 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.


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

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

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



Kerry 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1474.15/645.35
=2.28

* 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.

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

For example, Kerry 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)
=686.679/120.7486*120.7486
=686.679

Current CPI (Dec23) = 120.7486.

Kerry Group Annual Data

Book Value per Share CPI Adj_Book
201412 231.275 99.576 280.449
201512 297.134 99.676 359.951
201612 382.294 99.676 463.115
201712 471.378 100.075 568.757
201812 511.180 100.773 612.511
201912 541.616 102.068 640.741
202012 637.583 101.072 761.711
202112 734.155 106.653 831.180
202212 726.035 115.436 759.451
202312 686.679 120.749 686.679

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.


Kerry Group  (MEX:KYGA) 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.


Kerry Group Cyclically Adjusted PB Ratio Related Terms

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


Kerry Group (MEX:KYGA) Business Description

Address
Prince's Street, Tralee, Kerry, IRL, V92 EH11
Kerry Group is a global leader in taste and ingredient technology servicing the food, beverage, and pharmaceutical sectors. The company has more than 200 locations that supply clients in more than 50 countries. It gets around 80% of its revenue from developed countries and 20% from the developing world, servicing a wide range of end-use sectors, such as meat, meals, snacks, dairy, drinks, and pharmaceuticals. Kerry has expanded through a combination of organic development and multiple tuck-in acquisitions.

Kerry Group (MEX:KYGA) Headlines

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