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Fresh Del Monte Produce (Fresh Del Monte Produce) Cyclically Adjusted Book per Share : $42.90 (As of Mar. 2024)


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What is Fresh Del Monte Produce 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.

Fresh Del Monte Produce's adjusted book value per share for the three months ended in Mar. 2024 was $39.913. 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 $42.90 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Fresh Del Monte Produce's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Fresh Del Monte Produce was 10.90% per year. The lowest was 3.60% per year. And the median was 5.70% per year.

As of today (2024-05-16), Fresh Del Monte Produce's current stock price is $24.48. Fresh Del Monte Produce's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $42.90. Fresh Del Monte Produce's Cyclically Adjusted PB Ratio of today is 0.57.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Fresh Del Monte Produce was 2.18. The lowest was 0.53. And the median was 0.98.


Fresh Del Monte Produce Cyclically Adjusted Book per Share Historical Data

The historical data trend for Fresh Del Monte Produce'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.

Fresh Del Monte Produce Cyclically Adjusted Book per Share Chart

Fresh Del Monte Produce Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 35.43 36.27 39.14 41.61 42.92

Fresh Del Monte Produce Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 42.30 42.73 43.08 42.92 42.90

Competitive Comparison of Fresh Del Monte Produce's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Fresh Del Monte Produce'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.


Fresh Del Monte Produce's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Fresh Del Monte Produce's Cyclically Adjusted PB Ratio falls into.



Fresh Del Monte Produce 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, Fresh Del Monte Produce'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)
=39.913/131.7762*131.7762
=39.913

Current CPI (Mar. 2024) = 131.7762.

Fresh Del Monte Produce Quarterly Data

Book Value per Share CPI Adj_Book
201406 32.485 100.560 42.569
201409 32.836 100.428 43.086
201412 32.429 99.070 43.135
201503 33.018 99.621 43.675
201506 34.022 100.684 44.528
201509 34.110 100.392 44.774
201512 32.507 99.792 42.926
201603 33.635 100.470 44.115
201606 34.830 101.688 45.136
201609 35.410 101.861 45.809
201612 34.957 101.863 45.223
201703 35.580 102.862 45.581
201706 36.566 103.349 46.624
201709 36.574 104.136 46.282
201712 36.247 104.011 45.923
201803 36.936 105.290 46.228
201806 36.561 106.317 45.316
201809 36.036 106.507 44.586
201812 34.928 105.998 43.422
201903 35.446 107.251 43.552
201906 36.094 108.070 44.012
201909 36.260 108.329 44.108
201912 35.806 108.420 43.519
202003 35.258 108.902 42.664
202006 35.809 108.767 43.384
202009 36.272 109.815 43.526
202012 36.477 109.897 43.739
202103 37.631 111.754 44.373
202106 38.399 114.631 44.142
202109 38.078 115.734 43.356
202112 37.900 117.630 42.458
202203 38.749 121.301 42.095
202206 38.915 125.017 41.019
202209 39.464 125.227 41.528
202212 39.815 125.222 41.899
202303 40.426 127.348 41.832
202306 42.203 128.729 43.202
202309 42.187 129.860 42.810
202312 39.814 129.419 40.539
202403 39.913 131.776 39.913

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


Fresh Del Monte Produce  (NYSE:FDP) 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.

Fresh Del Monte Produce's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.48/42.9
=0.57

* 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 Fresh Del Monte Produce was 2.18. The lowest was 0.53. And the median was 0.98.


Be Aware

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


Fresh Del Monte Produce Cyclically Adjusted Book per Share Related Terms

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


Fresh Del Monte Produce (Fresh Del Monte Produce) Business Description

Traded in Other Exchanges
Address
87 Mary Street, George Town, P.O. Box 698, 4th Floor, Apollo House, c/o H&C Corporate Services Ltd, Grand Cayman, CYM, KY1-1107
Fresh Del Monte Produce Inc is an integrated producer, marketer & distributor of high-quality & fresh-cut fruit & vegetables. It operates in three segments, Fresh and value-added products segment, which includes pineapples, fresh-cut fruit, fresh-cut vegetables, melons, vegetables, non-tropical fruit, other fruit and vegetables, avocados, and prepared foods, Banana segment & Other products and services segment, including the third-party freight & logistic services business & the Jordanian poultry and meats business. The majority is from the Fresh and value-added products segment. Geographically, it operates in North America, Europe, Asia, the Middle East, and Other, out of which the highest is from North America.
Executives
Jesus Rodriguez Calvo officer: SVP, NA Sales & Marketing C/O FRESH DEL MONTE PRODUCE INC, P.O. BOX 149222, CORAL GABLES FL 33114
Tarek Ahmad Betti officer: Chief Human Resources Officer C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Michael J Berthelot director P O BOX 7277, RANCHO SANTA FE CA 92067
Mohammed Abbas officer: V.P. Middle East and N. Africa C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33134
Monica Vicente officer: SVP, Chief Financial Officer C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Effie D Silva officer: SVP, General Counsel & Secy C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Reyes Jorge Pelaez officer: VP, Central America C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222, CORAL GABLES FL 33114
Sergio Mancilla officer: VP South America C/O FRESH DEL MONTE PRODUCE INC., P.O. BOX 149222, CORAL GABLES FL 33114
Hans Sauter officer: SVP, R&D and Agriculture C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33114
Ziad Nabulsi officer: SVP, North American Operations C/O FRESH DEL MONTE PRODUCE INC, P.O. BOX 149222, CORAL GABLES FL 33114
Helmuth Lutty officer: SVP, Shipping Operations C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222, CORAL GABLES FL 33114
Gianpaolo Renino officer: V.P. Europe and Africa C/O FRESH DEL MONTE, INC., PO BOX 149222, CORAL GABLES FL 33134
Mohammad Abu-ghazaleh director, 10 percent owner, officer: Chief Executive Officer P.O. BOX 149222, CORAL GABLES FL 33114-9222
Eduardo Guarita Bezerra officer: SVP and CFO C/O FRESH DEL MONTE PRODUCE INC., PO BOX 149222, CORAL GABLES FL 33134
Marlene Gordon officer: SVP, General Counsel C/O FRESH DEL MONTE PRODUCE INC.,, PO BOX 149222, CORAL GABLES FL 33134