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Premier Foods (STU:FOJ1) Cyclically Adjusted PB Ratio : 1.19 (As of May. 26, 2024)


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What is Premier Foods Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Premier Foods's current share price is €2.02. Premier Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was €1.70. Premier Foods's Cyclically Adjusted PB Ratio for today is 1.19.

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

STU:FOJ1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.15   Max: 1.2
Current: 1.18

During the past 13 years, Premier Foods's highest Cyclically Adjusted PB Ratio was 1.20. The lowest was 0.07. And the median was 0.15.

STU:FOJ1's Cyclically Adjusted PB Ratio is ranked better than
55.89% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs STU:FOJ1: 1.18

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.

Premier Foods's adjusted book value per share data of for the fiscal year that ended in Mar24 was €1.785. 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 €1.70 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Premier Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Premier Foods'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.

Premier Foods Cyclically Adjusted PB Ratio Chart

Premier Foods Annual Data
Trend Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.67 0.85 0.86 1.02

Premier Foods Semi-Annual Data
Dec13 Jun14 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 0.85 - 0.86 - 1.02

Competitive Comparison of Premier Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Premier Foods'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.


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

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

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



Premier Foods 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.

Premier Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.02/1.7
=1.19

* 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.

Premier Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Premier Foods's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.785/131.6000*131.6000
=1.785

Current CPI (Mar24) = 131.6000.

Premier Foods Annual Data

Book Value per Share CPI Adj_Book
201312 0.058 99.200 0.077
201603 1.319 100.400 1.729
201703 1.099 102.700 1.408
201803 1.279 105.100 1.601
201903 1.329 107.000 1.635
202003 2.218 108.600 2.688
202103 1.613 109.700 1.935
202203 2.089 116.500 2.360
202303 1.836 126.800 1.906
202403 1.785 131.600 1.785

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.


Premier Foods  (STU:FOJ1) 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.


Premier Foods Cyclically Adjusted PB Ratio Related Terms

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


Premier Foods (STU:FOJ1) Business Description

Traded in Other Exchanges
Address
Premier House, Griffiths Way, Centrium Business Park, Saint Albans, Hertfordshire, GBR, AL1 2RE
Premier Foods PLC is a food manufacturing company. It manufactures, processes, and distributes food products. The company's operating segments include Grocery and Sweet Treats. Grocery segment primarily sells savoury ambient food products. The Sweet Treats segment sells sweet ambient food products. It generates maximum revenue from the Grocery segment. Geographically, it derives a majority of its revenue from the United Kingdom and also has a presence in Other Europe and Rest of world. Some of the company brands include Ambrosia, Angel Delight, Atora, Batchelors, Be-Ro, Bird's, Bisto, Cadbury, Coffee Compliment, Homepride, and others.

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