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Collins Foods (ASX:CKF) Cyclically Adjusted PB Ratio : 3.16 (As of Apr. 28, 2024)


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What is Collins Foods Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Collins Foods's current share price is A$9.85. Collins Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr23 was A$3.12. Collins Foods's Cyclically Adjusted PB Ratio for today is 3.16.

The historical rank and industry rank for Collins Foods's Cyclically Adjusted PB Ratio or its related term are showing as below:

ASX:CKF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.46   Med: 3.43   Max: 5.12
Current: 3.16

During the past 12 years, Collins Foods's highest Cyclically Adjusted PB Ratio was 5.12. The lowest was 2.46. And the median was 3.43.

ASX:CKF's Cyclically Adjusted PB Ratio is ranked worse than
66.96% of 224 companies
in the Restaurants industry
Industry Median: 2.105 vs ASX:CKF: 3.16

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.

Collins Foods's adjusted book value per share data of for the fiscal year that ended in Apr23 was A$3.277. 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 A$3.12 for the trailing ten years ended in Apr23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Collins Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Collins Foods'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.

Collins Foods Cyclically Adjusted PB Ratio Chart

Collins Foods Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 4.35 3.60 2.77

Collins Foods Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 - 3.60 - 2.77 -

Competitive Comparison of Collins Foods's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Collins 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.


Collins Foods's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Collins Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Collins Foods 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.

Collins Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.85/3.12
=3.16

* 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.

Collins Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Apr23 is calculated as:

For example, Collins Foods's adjusted Book Value per Share data for the fiscal year that ended in Apr23 was:

Adj_Book=Book Value per Share/CPI of Apr23 (Change)*Current CPI (Apr23)
=3.277/124.1700*124.1700
=3.277

Current CPI (Apr23) = 124.1700.

Collins Foods Annual Data

Book Value per Share CPI Adj_Book
201404 2.037 98.352 2.572
201504 1.823 99.838 2.267
201604 2.019 100.859 2.486
201704 2.486 102.809 3.003
201804 2.859 104.945 3.383
201904 3.009 106.617 3.504
202004 3.069 106.246 3.587
202104 3.113 110.332 3.503
202204 3.372 117.112 3.575
202304 3.277 124.170 3.277

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.


Collins Foods  (ASX:CKF) 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.


Collins Foods Cyclically Adjusted PB Ratio Related Terms

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


Collins Foods (ASX:CKF) Business Description

Traded in Other Exchanges
Address
485 Kingsford Smith Drive, Level 3, KSD1, Hamilton, QLD, AUS, 4007
Collins Foods is an operator of quick service restaurants, or QSRs. It franchises restaurant brands from U.S.-listed Yum Brands, including KFC in Australia, Germany, and the Netherlands, as well as Taco Bell in Australia. Most of its revenue and earnings are generated in Australia, where Collins is the largest franchisee of KFC, ahead of Restaurant Brands New Zealand.In the Netherlands, Collins has signed a corporate franchise agreement, giving it more control over development and oversight of the Dutch franchisee network.Earnings growth is underpinned by its store network expansion, both new restaurants and acquisitions of existing sites. Competitive pricing is key to maintaining share in the QSR market, and the company has generally increased at or below consumer price index growth.

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