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East African Breweries (NAI:EABL) Cyclically Adjusted PB Ratio : 8.61 (As of Jun. 20, 2024)


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What is East African Breweries Cyclically Adjusted PB Ratio?

As of today (2024-06-20), East African Breweries's current share price is KES140.25. East African Breweries's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was KES16.28. East African Breweries's Cyclically Adjusted PB Ratio for today is 8.61.

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

NAI:EABL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.42   Med: 11.87   Max: 15.43
Current: 8.74

During the past 13 years, East African Breweries's highest Cyclically Adjusted PB Ratio was 15.43. The lowest was 6.42. And the median was 11.87.

NAI:EABL's Cyclically Adjusted PB Ratio is ranked worse than
89.47% of 171 companies
in the Beverages - Alcoholic industry
Industry Median: 1.88 vs NAI:EABL: 8.74

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.

East African Breweries's adjusted book value per share data of for the fiscal year that ended in Jun23 was KES27.208. 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 KES16.28 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


East African Breweries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for East African Breweries'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.

East African Breweries Cyclically Adjusted PB Ratio Chart

East African Breweries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.47 11.74 14.88 9.62 9.52

East African Breweries Semi-Annual Data
Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 12.47 11.74 14.88 9.62 9.52

Competitive Comparison of East African Breweries's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, East African Breweries'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.


East African Breweries's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

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

* The bar in red indicates where East African Breweries's Cyclically Adjusted PB Ratio falls into.



East African Breweries 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.

East African Breweries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=140.25/16.28
=8.61

* 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.

East African Breweries's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, East African Breweries's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=27.208/128.7287*128.7287
=27.208

Current CPI (Jun23) = 128.7287.

East African Breweries Annual Data

Book Value per Share CPI Adj_Book
201406 11.405 100.560 14.600
201506 17.313 100.684 22.135
201606 14.269 101.688 18.063
201706 15.663 103.349 19.509
201806 7.207 106.317 8.726
201906 10.973 108.070 13.071
202006 8.022 108.767 9.494
202106 7.850 114.631 8.815
202206 20.598 125.017 21.210
202306 27.208 128.729 27.208

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.


East African Breweries  (NAI:EABL) 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.


East African Breweries Cyclically Adjusted PB Ratio Related Terms

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East African Breweries (NAI:EABL) Business Description

Traded in Other Exchanges
N/A
Address
Corporate Centre, Block A, 5th Floor, P.O. Box 30161, Garden City Business Park, Ruaraka, Nairobi, KEN, 00100
East African Breweries PLC is a branded alcohol beverage company. The firm and its subsidiaries are involved in the marketing, production, and distribution of a collection of brands that range from beer, spirits, and adult non-alcoholic drinks. The company has invested in breweries, distilleries, support industries, and a distribution network across the region. The firm derives its revenue primarily from brewing, marketing, and selling of drinks, malt and barley. Its geographical segments include Kenya, Uganda, and Tanzania, of which the majority of the revenue is generated from Kenya.

East African Breweries (NAI:EABL) Headlines

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