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Freshpet (STU:7FP) Cyclically Adjusted PB Ratio : 13.77 (As of May. 26, 2024)


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What is Freshpet Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Freshpet's current share price is €118.05. Freshpet's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.57. Freshpet's Cyclically Adjusted PB Ratio for today is 13.77.

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

STU:7FP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.57   Med: 9.1   Max: 13.7
Current: 13.7

During the past years, Freshpet's highest Cyclically Adjusted PB Ratio was 13.70. The lowest was 6.57. And the median was 9.10.

STU:7FP's Cyclically Adjusted PB Ratio is ranked worse than
96.1% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs STU:7FP: 13.70

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.

Freshpet's adjusted book value per share data for the three months ended in Mar. 2024 was €18.574. 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 €8.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Freshpet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Freshpet'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.

Freshpet Cyclically Adjusted PB Ratio Chart

Freshpet 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 - - - 7.72 9.53

Freshpet 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 8.64 8.18 7.83 9.53 12.14

Competitive Comparison of Freshpet's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Freshpet'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.


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

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

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



Freshpet 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=118.05/8.57
=13.77

* 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.

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

For example, Freshpet'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)
=18.574/131.7762*131.7762
=18.574

Current CPI (Mar. 2024) = 131.7762.

Freshpet Quarterly Data

Book Value per Share CPI Adj_Book
201406 -3.445 100.560 -4.514
201409 -3.928 100.428 -5.154
201412 2.505 99.070 3.332
201503 2.835 99.621 3.750
201506 2.727 100.684 3.569
201509 2.732 100.392 3.586
201512 2.845 99.792 3.757
201603 2.763 100.470 3.624
201606 2.700 101.688 3.499
201609 2.765 101.861 3.577
201612 3.009 101.863 3.893
201703 2.922 102.862 3.743
201706 2.784 103.349 3.550
201709 2.685 104.136 3.398
201712 2.812 104.011 3.563
201803 2.648 105.290 3.314
201806 2.740 106.317 3.396
201809 2.819 106.507 3.488
201812 3.004 105.998 3.735
201903 2.975 107.251 3.655
201906 2.885 108.070 3.518
201909 3.114 108.329 3.788
201912 3.268 108.420 3.972
202003 8.583 108.902 10.386
202006 8.440 108.767 10.225
202009 8.243 109.815 9.891
202012 7.957 109.897 9.541
202103 14.018 111.754 16.529
202106 13.779 114.631 15.840
202109 14.174 115.734 16.139
202112 14.665 117.630 16.429
202203 14.789 121.301 16.066
202206 20.429 125.017 21.534
202209 21.751 125.227 22.889
202212 20.272 125.222 21.333
202303 18.422 127.348 19.063
202306 17.964 128.729 18.389
202309 18.236 129.860 18.505
202312 18.116 129.419 18.446
202403 18.574 131.776 18.574

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.


Freshpet  (STU:7FP) 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.


Freshpet Cyclically Adjusted PB Ratio Related Terms

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


Freshpet (STU:7FP) Business Description

Traded in Other Exchanges
Address
400 Plaza Drive, 1st Floor, Secaucus, NJ, USA, 07094
Freshpet Inc manufactures and markets natural fresh meals and treats for dogs and cats. The Company's products are distributed throughout the United States, Canada and other international markets, into major retail classes including Grocery (including online), Mass and Club, Pet Specialty, and Natural retail. The company's products include Nature's Fresh, Deli Fresh, Vital, and Freshpet among others.

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