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Seneca Foods (Seneca Foods) Cyclically Adjusted Book per Share : $31.13 (As of Dec. 2023)


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What is Seneca Foods 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.

Seneca Foods's adjusted book value per share for the three months ended in Dec. 2023 was $8.332. 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 $31.13 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Seneca Foods's average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.20% 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 Seneca Foods was 11.60% per year. The lowest was 1.10% per year. And the median was 4.65% per year.

As of today (2024-04-27), Seneca Foods's current stock price is $27.50. Seneca Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $31.13. Seneca Foods's Cyclically Adjusted PB Ratio of today is 0.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Seneca Foods was 1.44. The lowest was 0.57. And the median was 0.94.


Seneca Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Seneca Foods'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.

Seneca Foods Cyclically Adjusted Book per Share Chart

Seneca Foods Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 43.13 27.81 25.20 26.73 29.38

Seneca Foods 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 24.46 29.38 48.18 29.95 31.13

Competitive Comparison of Seneca Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Seneca Foods'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.


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

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

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



Seneca Foods 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, Seneca Foods'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)
=8.332/129.4194*129.4194
=8.332

Current CPI (Dec. 2023) = 129.4194.

Seneca Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.612 99.695 4.689
201406 3.575 100.560 4.601
201409 3.556 100.428 4.583
201412 3.630 99.070 4.742
201503 3.533 99.621 4.590
201506 3.564 100.684 4.581
201509 3.622 100.392 4.669
201512 3.939 99.792 5.108
201603 4.115 100.470 5.301
201606 4.116 101.688 5.238
201609 4.181 101.861 5.312
201612 4.266 101.863 5.420
201703 4.327 102.862 5.444
201706 4.395 103.349 5.504
201709 4.396 104.136 5.463
201712 4.478 104.011 5.572
201803 4.211 105.290 5.176
201806 4.121 106.317 5.016
201809 4.220 106.507 5.128
201812 4.379 105.998 5.347
201903 4.396 107.251 5.305
201906 4.445 108.070 5.323
201909 4.461 108.329 5.329
201912 4.747 108.420 5.666
202003 4.318 108.902 5.132
202006 4.545 108.767 5.408
202009 4.744 109.815 5.591
202012 5.545 109.897 6.530
202103 6.368 111.754 7.375
202106 6.538 114.631 7.381
202109 6.716 115.734 7.510
202112 6.978 117.630 7.677
202203 6.941 121.301 7.406
202206 7.120 125.017 7.371
202209 7.419 125.227 7.667
202212 7.713 125.222 7.972
202303 7.261 127.348 7.379
202306 7.578 128.729 7.619
202309 8.033 129.860 8.006
202312 8.332 129.419 8.332

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


Seneca Foods  (OTCPK:SENEL) 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.

Seneca Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=27.50/31.13
=0.88

* 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 Seneca Foods was 1.44. The lowest was 0.57. And the median was 0.94.


Be Aware

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


Seneca Foods Cyclically Adjusted Book per Share Related Terms

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


Seneca Foods (Seneca Foods) Business Description

Traded in Other Exchanges
Address
350 WillowBrook Office Park, Fairport, NY, USA, 14480
Seneca Foods Corp is a US-based company which acts as a provider of packaged fruits and vegetables. Its product offerings include canned, frozen and bottled produce and snack chips. The company's segment includes fruits and vegetables, prepared food products, and snack products. It generates maximum revenue from Canned vegetables followed by Frozen vegetables.

Seneca Foods (Seneca Foods) Headlines