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Salada Foods Jamaica (XJAM:SALF) Cyclically Adjusted PB Ratio : 3.99 (As of May. 25, 2024)


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What is Salada Foods Jamaica Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Salada Foods Jamaica's current share price is JMD3.75. Salada Foods Jamaica's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was JMD0.94. Salada Foods Jamaica's Cyclically Adjusted PB Ratio for today is 3.99.

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

XJAM:SALF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.81   Med: 4.09   Max: 8.96
Current: 3.93

During the past 13 years, Salada Foods Jamaica's highest Cyclically Adjusted PB Ratio was 8.96. The lowest was 2.81. And the median was 4.09.

XJAM:SALF's Cyclically Adjusted PB Ratio is ranked worse than
83.22% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XJAM:SALF: 3.93

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.

Salada Foods Jamaica's adjusted book value per share data of for the fiscal year that ended in Sep23 was JMD1.052. 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 JMD0.94 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Salada Foods Jamaica Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Salada Foods Jamaica'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.

Salada Foods Jamaica Cyclically Adjusted PB Ratio Chart

Salada Foods Jamaica Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 3.81 8.12 4.81 3.18

Salada Foods Jamaica Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 4.81 - - - 3.18

Competitive Comparison of Salada Foods Jamaica's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Salada Foods Jamaica'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.


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

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

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



Salada Foods Jamaica 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.75/0.94
=3.99

* 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.

Salada Foods Jamaica's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Salada Foods Jamaica's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=1.052/129.8595*129.8595
=1.052

Current CPI (Sep23) = 129.8595.

Salada Foods Jamaica Annual Data

Book Value per Share CPI Adj_Book
201409 0.707 100.428 0.914
201509 0.713 100.392 0.922
201609 0.075 101.861 0.096
201709 0.772 104.136 0.963
201809 0.904 106.507 1.102
201909 0.977 108.329 1.171
202009 0.921 109.815 1.089
202109 0.967 115.734 1.085
202209 1.011 125.227 1.048
202309 1.052 129.860 1.052

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.


Salada Foods Jamaica  (XJAM:SALF) 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.


Salada Foods Jamaica Cyclically Adjusted PB Ratio Related Terms

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


Salada Foods Jamaica (XJAM:SALF) Business Description

Traded in Other Exchanges
N/A
Address
20 Bell Road, P.O. Box 71, Kingston, JAM, 11
Salada Foods Jamaica Ltd is engaged in the manufacture and sale of instant coffee and roasted and ground coffee beans and other consumer products. Its products include Jamaica Mountain Peak an Instant Coffee prepared from freshly roasted and ground Arabica Beans from which the solubles are extracted and spray-driedIt has two geographic segments Local and Export, and the majority of the revenue comes from the Local.

Salada Foods Jamaica (XJAM:SALF) Headlines

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