GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Sanford Ltd (NZSE:SAN) » Definitions » Cyclically Adjusted PB Ratio

Sanford (NZSE:SAN) Cyclically Adjusted PB Ratio : 0.53 (As of Jun. 07, 2024)


View and export this data going back to 1960. Start your Free Trial

What is Sanford Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Sanford's current share price is NZ$4.00. Sanford's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was NZ$7.51. Sanford's Cyclically Adjusted PB Ratio for today is 0.53.

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

NZSE:SAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.8   Max: 1.33
Current: 0.54

During the past 13 years, Sanford's highest Cyclically Adjusted PB Ratio was 1.33. The lowest was 0.50. And the median was 0.80.

NZSE:SAN's Cyclically Adjusted PB Ratio is ranked better than
82.24% of 1351 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs NZSE:SAN: 0.54

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.

Sanford's adjusted book value per share data of for the fiscal year that ended in Sep23 was NZ$7.312. 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 NZ$7.51 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sanford Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sanford'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.

Sanford Cyclically Adjusted PB Ratio Chart

Sanford Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 0.89 0.76 0.59 0.52

Sanford Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - 0.59 - 0.52 -

Competitive Comparison of Sanford's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Sanford'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.


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

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

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



Sanford 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.

Sanford's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.00/7.51
=0.53

* 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.

Sanford's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Sanford's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=7.312/128.0949*128.0949
=7.312

Current CPI (Sep23) = 128.0949.

Sanford Annual Data

Book Value per Share CPI Adj_Book
201409 5.825 99.979 7.463
201509 5.469 100.396 6.978
201609 5.957 100.813 7.569
201709 6.153 102.731 7.672
201809 6.217 104.684 7.607
201909 6.275 106.218 7.567
202009 6.526 107.751 7.758
202109 6.765 113.067 7.664
202209 7.097 121.245 7.498
202309 7.312 128.095 7.312

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.


Sanford  (NZSE:SAN) 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.


Sanford Cyclically Adjusted PB Ratio Related Terms

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


Sanford (NZSE:SAN) Business Description

Traded in Other Exchanges
Address
22 Jellicoe Street, Freemans Bay, Auckland, NTL, NZL, 1010
Sanford Ltd is a seafood company principally engaged in the fishing and aquaculture farming business. The activities of the company include farming, harvesting, processing, storage, and marketing of seafood products, and investments in related activities. The operating divisions of the group are Wildcatch and Aquaculture. Its Wildcatch segment involves catching and processing inshore and deepwater fish species whereas the Aquaculture segment involves farming, harvesting, and processing of mussels and salmon. Some of the company's seafood products include Antarctic toothfish, Arrow squid, Gemfish, Scampi, Snapper, King Salmon, Jack mackerel, Ling, and others. Geographically it derives the majority of its revenue from New Zealand.