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Alico (ALCO) Cyclically Adjusted Book per Share : $29.73 (As of Dec. 2023)


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What is Alico Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Alico's adjusted book value per share for the three months ended in Dec. 2023 was $37.782. 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 $29.73 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Alico's average Cyclically Adjusted Book Growth Rate was 6.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 4.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Alico was 10.60% per year. The lowest was -0.90% per year. And the median was 5.90% per year.

As of today (2024-04-28), Alico's current stock price is $28.77. Alico's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $29.73. Alico's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alico was 2.92. The lowest was 0.80. And the median was 1.53.


Alico Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alico's Cyclically Adjusted Book per Share 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.

Alico Cyclically Adjusted Book per Share Chart

Alico Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.56 21.83 24.37 27.69 29.52

Alico Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 27.92 28.58 29.10 29.52 29.73

Competitive Comparison of Alico's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Alico'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.


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

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

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



Alico Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Alico's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=37.782/129.4194*129.4194
=37.782

Current CPI (Dec. 2023) = 129.4194.

Alico Quarterly Data

Book Value per Share CPI Adj_Book
201403 19.214 99.695 24.943
201406 19.319 100.560 24.863
201409 21.987 100.428 28.334
201412 20.494 99.070 26.772
201503 20.753 99.621 26.961
201506 21.575 100.684 27.733
201509 20.504 100.392 26.433
201512 19.982 99.792 25.914
201603 20.808 100.470 26.804
201606 21.322 101.688 27.137
201609 20.863 101.861 26.507
201612 20.625 101.863 26.205
201703 21.283 102.862 26.778
201706 21.864 103.349 27.379
201709 19.498 104.136 24.232
201712 20.525 104.011 25.539
201803 19.826 105.290 24.370
201806 20.826 106.317 25.351
201809 20.990 106.507 25.506
201812 21.299 105.998 26.005
201903 21.687 107.251 26.170
201906 23.823 108.070 28.529
201909 25.988 108.329 31.047
201912 26.017 108.420 31.056
202003 26.455 108.902 31.439
202006 26.655 108.767 31.716
202009 28.874 109.815 34.029
202012 29.195 109.897 34.381
202103 29.678 111.754 34.369
202106 32.796 114.631 37.027
202109 32.516 115.734 36.361
202112 33.034 117.630 36.345
202203 35.258 121.301 37.618
202206 35.054 125.017 36.288
202209 32.126 125.227 33.202
202212 31.676 125.222 32.738
202303 30.604 127.348 31.102
202306 32.113 128.729 32.285
202309 32.191 129.860 32.082
202312 37.782 129.419 37.782

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Alico  (NAS:ALCO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Alico's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.77/29.73
=0.97

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alico was 2.92. The lowest was 0.80. And the median was 1.53.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Alico Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Alico's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Alico (ALCO) Business Description

Traded in Other Exchanges
N/A
Address
10070 Daniels Interstate Court, Suite 100, Fort Myers, FL, USA, 33913
Alico Inc is a Florida-based agribusiness and land management company that primarily focuses on citrus production and grove conservation. The company operates through two primary business units: Alico Citrus and Land Management and Other Operations. The Alico Citrus segment engages in cultivation of citrus trees and delivers citrus to the processed and fresh citrus markets. It mainly serves the processed market and sells primarily Hamlin oranges and the Valencia variety to the orange juice processors. The Land Management and Other Operations segment engages in land leasing for recreational, conservation, and mining activities. Alico Citrus delivers most of the revenue as the firm's primary operating business unit.
Executives
Katherine English director 7951 DENI DRIVE, NORTH FORT MYERS FL 33917
Adam Putnam director ONE WATERFOWL WAY, MEMPHIS TN 38120
Bradley Heine officer: Chief Financial Officer C/O ALICO, INC., 10070 DANIELS INTERSTATE COURT, STE 200, FORT MYERS FL 33913
Vecchio Perry Del officer: Chief Financial Officer 3207 PACIFIC DR, NAPLES FL 34119
Arlon Valencia Holdings Llc director C/O ARLON GROUP 277 PARK AVENUE, NEW YORK NY 10172
Remy W Trafelet director, 10 percent owner C/O TRAFELET BROKAW CAPITAL MANAGEMENT,, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
734 Investors, Llc director, 10 percent owner C/O 734 AGRICULTURE, LLC, 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Toby K Purse director 1276 OSCEOLA DRIVE, FORT MYERS FL 33901
Benjamin D Fishman director 6 WILLOW PLACE, BROOKLYN NY 11201
George R Brokaw director, 10 percent owner DISH NETWORK CORPORATION, 9601 S MERIDIAN BLVD, ENGLEWOOD CO 80112
734 Agriculture, Llc director, 10 percent owner 410 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10022
Daniel Keith Sutton officer: President of Citrus 5289 RIVER BLOSSOM LANE, LABELLE FL 33935
Joseph Sambuco director 10070 DANIELS INTERSTATE COURT, FT MYERS FL 33913
Richard Rallo officer: Chief Accounting Officer 3265 LARSON BLVD, OCEANSIDE NY 11572
Clayton G Wilson director, officer: Chief Executive Officer C/O THE LATT MAXCY CORPORATION, 21299 US HIGHWAY 27, LAKE WALES FL 33859

Alico (ALCO) Headlines

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