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Davide Campari-Milano NV (MIL:CPR) Cyclically Adjusted PB Ratio : 4.49 (As of May. 01, 2024)


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What is Davide Campari-Milano NV Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Davide Campari-Milano NV's current share price is €9.42. Davide Campari-Milano NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €2.10. Davide Campari-Milano NV's Cyclically Adjusted PB Ratio for today is 4.49.

The historical rank and industry rank for Davide Campari-Milano NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

MIL:CPR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.02   Med: 5.86   Max: 7.59
Current: 4.47

During the past years, Davide Campari-Milano NV's highest Cyclically Adjusted PB Ratio was 7.59. The lowest was 4.02. And the median was 5.86.

MIL:CPR's Cyclically Adjusted PB Ratio is ranked worse than
78.75% of 160 companies
in the Beverages - Alcoholic industry
Industry Median: 1.895 vs MIL:CPR: 4.47

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.

Davide Campari-Milano NV's adjusted book value per share data for the three months ended in Dec. 2023 was €2.584. 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 €2.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Davide Campari-Milano NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Davide Campari-Milano NV'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.

Davide Campari-Milano NV Cyclically Adjusted PB Ratio Chart

Davide Campari-Milano NV 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 5.67 6.10 7.61 4.79 4.86

Davide Campari-Milano NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.79 - 6.20 - 4.86

Competitive Comparison of Davide Campari-Milano NV's Cyclically Adjusted PB Ratio

For the Beverages - Wineries & Distilleries subindustry, Davide Campari-Milano NV'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.


Davide Campari-Milano NV's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Davide Campari-Milano NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Davide Campari-Milano NV's Cyclically Adjusted PB Ratio falls into.



Davide Campari-Milano NV 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.

Davide Campari-Milano NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.42/2.1
=4.49

* 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.

Davide Campari-Milano NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Davide Campari-Milano NV's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.584/119.5000*119.5000
=2.584

Current CPI (Dec. 2023) = 119.5000.

Davide Campari-Milano NV Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.907 0.000
201406 1.220 100.093 1.457
201409 0.000 99.814 0.000
201412 1.365 99.721 1.636
201503 0.000 99.814 0.000
201506 1.447 100.279 1.724
201509 0.000 100.000 0.000
201512 1.507 99.814 1.804
201603 0.000 99.600 0.000
201606 1.489 99.900 1.781
201609 0.000 100.100 0.000
201612 1.639 100.300 1.953
201703 0.000 101.000 0.000
201706 1.573 101.100 1.859
201709 0.000 101.200 0.000
201712 1.685 101.200 1.990
201803 0.000 101.800 0.000
201806 1.751 102.400 2.043
201809 0.000 102.600 0.000
201812 1.886 102.300 2.203
201903 0.000 102.800 0.000
201906 1.944 103.100 2.253
201909 0.000 102.900 0.000
201912 2.079 102.800 2.417
202003 0.000 102.900 0.000
202006 1.950 102.900 2.265
202009 0.000 102.300 0.000
202012 1.784 102.600 2.078
202103 0.000 103.700 0.000
202106 1.942 104.200 2.227
202109 0.000 104.900 0.000
202112 2.094 106.600 2.347
202203 0.000 110.400 0.000
202206 2.352 112.500 2.498
202209 0.000 114.200 0.000
202212 2.386 119.000 2.396
202303 0.000 118.800 0.000
202306 2.515 119.700 2.511
202309 0.000 120.300 0.000
202312 2.584 119.500 2.584

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.


Davide Campari-Milano NV  (MIL:CPR) 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.


Davide Campari-Milano NV Cyclically Adjusted PB Ratio Related Terms

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


Davide Campari-Milano NV (MIL:CPR) Business Description

Address
Via Franco Sacchetti 20, Sesto San Giovanni, Milan, ITA, 20099
Davide Campari-Milano, or Campari, is the Italian-headquartered parent of the Campari Group and is the world's leading manufacturer of liqueurs, according to Euromonitor, with a volume share of 10% in 2022. The company's liqueur portfolio includes aperitifs Aperol, Campari, Cinzano Vermouth, and Grand Marnier. The remainder of the portfolio spans a wide range of categories, including global priority brands Skyy vodka and Wild Turkey bourbon, and niche brands such as Appleton Estate Rum, Bulldog gin, and Espolon tequila. Campari also produces and markets a range of champagne and sparkling wines.Campari is controlled by Lagfin S.C.A., a Luxembourg-based holding company, which holds 54% of the share capital and over 60% of the voting rights. A further 43% of the equity is free float.

Davide Campari-Milano NV (MIL:CPR) Headlines

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