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Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Cyclically Adjusted PB Ratio : 1.94 (As of Apr. 29, 2024)


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What is Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Koninklijke Ahold Delhaize NV's current share price is $28.85. Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.90. Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio for today is 1.94.

The historical rank and industry rank for Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

AHODF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.9   Med: 2.46   Max: 3.23
Current: 2.09

During the past years, Koninklijke Ahold Delhaize NV's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 1.90. And the median was 2.46.

AHODF's Cyclically Adjusted PB Ratio is ranked worse than
60.37% of 217 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs AHODF: 2.09

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.

Koninklijke Ahold Delhaize NV's adjusted book value per share data for the three months ended in Dec. 2023 was $17.009. 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 $14.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koninklijke Ahold Delhaize NV'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.

Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio Chart

Koninklijke Ahold Delhaize NV Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.43 2.38 2.78 2.12 1.94

Koninklijke Ahold Delhaize NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.12 2.46 2.39 2.14 1.94

Competitive Comparison of Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.


Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio falls into.



Koninklijke Ahold Delhaize NV 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.85/14.9
=1.94

* 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Koninklijke Ahold Delhaize NV'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)
=17.009/126.4000*126.4000
=17.009

Current CPI (Dec. 2023) = 126.4000.

Koninklijke Ahold Delhaize NV Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.811 99.390 9.934
201406 7.502 99.240 9.555
201409 7.255 99.960 9.174
201412 7.715 99.050 9.845
201503 6.994 99.750 8.863
201506 7.278 100.230 9.178
201509 7.634 100.500 9.601
201512 7.950 99.730 10.076
201603 7.451 100.310 9.389
201606 6.499 100.260 8.193
201609 13.412 100.570 16.857
201612 13.494 100.710 16.936
201703 13.743 101.440 17.125
201706 13.514 101.370 16.851
201709 14.331 102.030 17.754
201712 14.066 101.970 17.436
201803 15.239 102.470 18.798
201806 14.483 103.100 17.756
201809 14.753 103.950 17.939
201812 14.299 103.970 17.384
201903 14.700 105.370 17.634
201906 14.612 105.840 17.450
201909 13.975 106.700 16.555
201912 14.383 106.800 17.023
202003 14.712 106.850 17.404
202006 13.702 107.510 16.110
202009 14.815 107.880 17.358
202012 14.445 107.850 16.930
202103 15.100 108.870 17.531
202106 0.000 109.670 0.000
202109 15.116 110.790 17.246
202112 15.329 114.010 16.995
202203 15.816 119.460 16.735
202206 16.134 119.050 17.130
202209 16.007 126.890 15.945
202212 16.697 124.940 16.892
202303 17.247 124.720 17.479
202306 16.946 125.830 17.023
202309 17.137 127.160 17.035
202312 17.009 126.400 17.009

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.


Koninklijke Ahold Delhaize NV  (OTCPK:AHODF) 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.


Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio Related Terms

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


Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Business Description

Address
Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.

Koninklijke Ahold Delhaize NV (Koninklijke Ahold Delhaize NV) Headlines

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