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Anheuser-Busch InBev/NV (XBRU:ABIS) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Anheuser-Busch InBev/NV Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Anheuser-Busch InBev/NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Anheuser-Busch InBev/NV'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.

Anheuser-Busch InBev/NV Cyclically Adjusted PB Ratio Chart

Anheuser-Busch InBev/NV 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 2.59 2.15 1.72 1.52 1.61

Anheuser-Busch InBev/NV 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 - 1.44 - 1.61 -

Competitive Comparison of Anheuser-Busch InBev/NV's Cyclically Adjusted PB Ratio

For the Beverages - Brewers subindustry, Anheuser-Busch InBev/NV'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.


Anheuser-Busch InBev/NV's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Anheuser-Busch InBev/NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Anheuser-Busch InBev/NV's Cyclically Adjusted PB Ratio falls into.



Anheuser-Busch InBev/NV 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.

Anheuser-Busch InBev/NV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Anheuser-Busch InBev/NV'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)
=0/128.2922*128.2922
=0.000

Current CPI (Mar. 2024) = 128.2922.

Anheuser-Busch InBev/NV Quarterly Data

Book Value per Share CPI Adj_Book
201406 23.642 99.482 30.489
201409 0.000 99.195 0.000
201412 24.848 99.086 32.172
201503 0.000 99.423 0.000
201506 25.949 100.107 33.255
201509 0.000 100.245 0.000
201512 23.717 100.572 30.254
201603 0.000 101.653 0.000
201606 18.493 102.267 23.199
201609 0.000 102.118 0.000
201612 41.465 102.614 51.841
201703 0.000 103.972 0.000
201706 39.678 103.902 48.992
201709 0.000 104.170 0.000
201712 37.601 104.804 46.028
201803 0.000 105.419 0.000
201806 35.956 106.063 43.492
201809 0.000 106.618 0.000
201812 34.753 107.252 41.571
201903 0.000 107.876 0.000
201906 38.109 107.896 45.313
201909 0.000 107.470 0.000
201912 41.784 108.065 49.605
202003 0.000 108.550 0.000
202006 32.702 108.540 38.653
202009 0.000 108.441 0.000
202012 34.283 108.511 40.533
202103 0.000 109.522 0.000
202106 34.908 110.305 40.601
202109 0.000 111.543 0.000
202112 37.261 114.705 41.675
202203 0.000 118.620 0.000
202206 41.500 120.948 44.020
202209 0.000 124.120 0.000
202212 42.482 126.578 43.057
202303 0.000 126.528 0.000
202306 43.835 125.973 44.642
202309 0.000 127.083 0.000
202312 46.018 128.292 46.018
202403 0.000 128.292 0.000

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.


Anheuser-Busch InBev/NV  (XBRU:ABIS) 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.


Anheuser-Busch InBev/NV Cyclically Adjusted PB Ratio Related Terms

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Anheuser-Busch InBev/NV (XBRU:ABIS) Business Description

Address
Brouwerijplein 1, Leuven, BEL, 3000
Anheuser-Busch InBev is the largest brewer in the world and one of the world's top five consumer product companies, as measured by EBITDA. The company's portfolio contains six of the top 10 beer brands by volume, according to Euromonitor, and we estimate it distributes 23 brands with retail sales over $1 billion. AB InBev was created by the 2008 merger of Belgium-based InBev and U.S.-based Anheuser-Busch. The firm holds a 62% economic interest in Ambev and in 2016 it acquired SABMiller.

Anheuser-Busch InBev/NV (XBRU:ABIS) Headlines

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