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Liberty Flour Mills (PHS:LFM) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 03, 2024)


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What is Liberty Flour Mills Cyclically Adjusted PB Ratio?

As of today (2024-06-03), Liberty Flour Mills's current share price is ₱15.40. Liberty Flour Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₱21.85. Liberty Flour Mills's Cyclically Adjusted PB Ratio for today is 0.70.

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

PHS:LFM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.48   Max: 3.49
Current: 0.7

During the past years, Liberty Flour Mills's highest Cyclically Adjusted PB Ratio was 3.49. The lowest was 0.59. And the median was 1.48.

PHS:LFM's Cyclically Adjusted PB Ratio is ranked better than
75.73% of 1327 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs PHS:LFM: 0.70

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.

Liberty Flour Mills's adjusted book value per share data for the three months ended in Mar. 2024 was ₱15.771. 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 ₱21.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Liberty Flour Mills Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Liberty Flour Mills'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.

Liberty Flour Mills Cyclically Adjusted PB Ratio Chart

Liberty Flour Mills 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 2.35 2.05 1.33 0.90 0.74

Liberty Flour Mills 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 0.76 0.64 0.68 0.74 0.64

Competitive Comparison of Liberty Flour Mills's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Liberty Flour Mills'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.


Liberty Flour Mills's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Liberty Flour Mills 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.

Liberty Flour Mills's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.40/21.85
=0.70

* 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.

Liberty Flour Mills's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Liberty Flour Mills'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)
=15.771/131.7762*131.7762
=15.771

Current CPI (Mar. 2024) = 131.7762.

Liberty Flour Mills Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.930 100.560 26.117
201409 19.235 100.428 25.239
201412 19.589 99.070 26.056
201503 19.806 99.621 26.199
201506 21.584 100.684 28.249
201509 19.231 100.392 25.243
201512 18.865 99.792 24.911
201603 17.384 100.470 22.801
201606 17.657 101.688 22.881
201609 18.051 101.861 23.352
201612 18.627 101.863 24.097
201703 18.516 102.862 23.721
201706 17.802 103.349 22.699
201709 18.309 104.136 23.169
201712 18.431 104.011 23.351
201803 18.181 105.290 22.755
201806 17.411 106.317 21.580
201809 17.381 106.507 21.505
201812 18.015 105.998 22.396
201903 17.536 107.251 21.546
201906 17.356 108.070 21.163
201909 17.754 108.329 21.597
201912 18.015 108.420 21.896
202003 18.137 108.902 21.947
202006 18.300 108.767 22.171
202009 17.916 109.815 21.499
202012 18.900 109.897 22.663
202103 18.446 111.754 21.751
202106 18.194 114.631 20.915
202109 18.502 115.734 21.067
202112 19.018 117.630 21.305
202203 18.780 121.301 20.402
202206 18.614 125.017 19.620
202209 18.262 125.227 19.217
202212 16.821 125.222 17.701
202303 16.443 127.348 17.015
202306 15.914 128.729 16.291
202309 16.138 129.860 16.376
202312 15.666 129.419 15.951
202403 15.771 131.776 15.771

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.


Liberty Flour Mills  (PHS:LFM) 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.


Liberty Flour Mills Cyclically Adjusted PB Ratio Related Terms

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


Liberty Flour Mills (PHS:LFM) Business Description

Traded in Other Exchanges
N/A
Address
835 Antonio Arnaiz Avenue, 7th Floor, Liberty Building, Makati, PHL, 1200
Liberty Flour Mills Inc is a Philippines-based company. It operates in various business segments that are Bakery Flour, which manufactures flour and distributes its products; Mill Feed, which involves the utilization of its by-products and distribution of its produce; and Real Estate and Investment, which involves the leasing of office and commercial units and investment in securities. The Bakery Flour Segment generates the majority of revenue for the company. Its products consist of EL Superior and LFM Bakers, pine tree and LFM soft, and maya all-purpose flour.

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