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Monsanto Co (XSWX:MOO) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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What is Monsanto Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Monsanto Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Monsanto Co'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.

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Monsanto Co Cyclically Adjusted PB Ratio Chart

Monsanto Co Annual Data
Trend Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17
Cyclically Adjusted PB Ratio
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Monsanto Co Quarterly Data
May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18
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Competitive Comparison of Monsanto Co's Cyclically Adjusted PB Ratio

For the Agricultural Inputs subindustry, Monsanto Co'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.


Monsanto Co's Cyclically Adjusted PB Ratio Distribution in the Agriculture Industry

For the Agriculture industry and Basic Materials sector, Monsanto Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Monsanto Co 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.

Monsanto Co's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2018 is calculated as:

For example, Monsanto Co's adjusted Book Value per Share data for the three months ended in Feb. 2018 was:

Adj_Book=Book Value per Share/CPI of Feb. 2018 (Change)*Current CPI (Feb. 2018)
=16.502/105.0520*105.0520
=16.502

Current CPI (Feb. 2018) = 105.0520.

Monsanto Co Quarterly Data

Book Value per Share CPI Adj_Book
200805 19.468 91.399 22.376
200808 18.518 92.435 21.046
200811 19.667 89.624 23.052
200902 20.376 89.527 23.910
200905 21.762 90.228 25.337
200908 19.651 91.063 22.670
200911 19.089 91.272 21.971
201002 21.037 91.445 24.167
201005 21.900 92.052 24.993
201008 19.172 92.108 21.866
201011 18.360 92.315 20.893
201102 0.000 93.373 0.000
201105 19.321 95.337 21.290
201108 16.801 95.582 18.466
201111 18.746 95.449 20.632
201202 20.430 96.053 22.344
201205 21.165 96.961 22.931
201208 21.475 97.199 23.210
201211 21.594 97.133 23.355
201302 22.824 97.953 24.478
201305 24.772 98.282 26.478
201308 21.787 98.675 23.195
201311 21.528 98.334 22.999
201402 23.106 99.057 24.504
201405 24.811 100.373 25.968
201408 13.669 100.352 14.309
201411 13.620 99.635 14.361
201502 14.775 99.032 15.673
201505 16.062 100.333 16.818
201508 14.219 100.548 14.856
201511 7.682 100.135 8.059
201602 8.803 100.040 9.244
201605 11.348 101.355 11.762
201608 10.079 101.617 10.420
201611 10.023 101.829 10.340
201702 12.667 102.779 12.947
201705 14.698 103.256 14.954
201708 14.162 103.587 14.362
201711 14.898 104.072 15.038
201802 16.502 105.052 16.502

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.


Monsanto Co  (XSWX:MOO) 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.


Monsanto Co Cyclically Adjusted PB Ratio Related Terms

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Monsanto Co (XSWX:MOO) Business Description

Industry
Traded in Other Exchanges
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Originally a chemical company, Monsanto has morphed into an agricultural giant, focusing on seeds and crop-protection products. In a major breakthrough, Monsanto introduced the first genetically modified crop seeds in 1996 and has remained the industry leader through new product development and licensing agreements. Monsanto continues to focus on bringing new biotechnology traits to market to improve farmer yields and productivity.