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Greenyard NV (XBRU:GREEN) Cyclically Adjusted PB Ratio : 0.38 (As of Apr. 30, 2024)


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What is Greenyard NV Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Greenyard NV's current share price is €5.44. Greenyard NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was €14.36. Greenyard NV's Cyclically Adjusted PB Ratio for today is 0.38.

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

XBRU:GREEN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.18   Med: 0.62   Max: 1.86
Current: 0.37

During the past 13 years, Greenyard NV's highest Cyclically Adjusted PB Ratio was 1.86. The lowest was 0.18. And the median was 0.62.

XBRU:GREEN's Cyclically Adjusted PB Ratio is ranked better than
89.04% of 219 companies
in the Retail - Defensive industry
Industry Median: 1.59 vs XBRU:GREEN: 0.37

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.

Greenyard NV's adjusted book value per share data of for the fiscal year that ended in Mar23 was €9.466. 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 €14.36 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Greenyard NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Greenyard 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.

Greenyard NV Cyclically Adjusted PB Ratio Chart

Greenyard NV Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.24 0.28 0.65 0.58 0.44

Greenyard NV Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 0.58 - 0.44 -

Competitive Comparison of Greenyard NV's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, Greenyard 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.


Greenyard NV's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Greenyard NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Greenyard 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.

Greenyard NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.44/14.36
=0.38

* 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.

Greenyard NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Greenyard NV's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=9.466/126.5281*126.5281
=9.466

Current CPI (Mar23) = 126.5281.

Greenyard NV Annual Data

Book Value per Share CPI Adj_Book
201403 12.284 99.819 15.571
201503 12.987 99.423 16.528
201603 16.149 101.653 20.101
201703 16.029 103.972 19.506
201803 16.322 105.419 19.590
201903 10.599 107.876 12.432
202003 9.100 108.550 10.607
202103 8.692 109.522 10.042
202203 9.172 118.620 9.784
202303 9.466 126.528 9.466

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.


Greenyard NV  (XBRU:GREEN) 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.


Greenyard NV Cyclically Adjusted PB Ratio Related Terms

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


Greenyard NV (XBRU:GREEN) Business Description

Traded in Other Exchanges
Address
Strijbroek 10, Sint-Katelijne-Waver, BEL, BE-2860
Greenyard NV is a Belgium-based company that operates as a processor of field-fresh fruits and vegetables. It produces and supplies food products with a long shelf-life. The company's business is split into two segments, Fresh and Long Fresh. Fresh is mainly active in fresh products, fruit, and vegetables, flowers and plants, and logistics of fresh produce. There are two divisions in the Long Fresh segment, Frozen, and Prepared activities. Produce is frozen immediately after harvesting and preparation. At Prepared, it includes freshly preserved fruit, vegetables, mushrooms, and other ambient food products. The company's majority share of revenue is generated from Fresh products.

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