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Mondelez International (BSP:MDLZ34) Cyclically Adjusted PB Ratio : 3.37 (As of May. 15, 2024)


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What is Mondelez International Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Mondelez International's current share price is R$183.60. Mondelez International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$54.51. Mondelez International's Cyclically Adjusted PB Ratio for today is 3.37.

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

BSP:MDLZ34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.32   Max: 3.59
Current: 3.3

During the past years, Mondelez International's highest Cyclically Adjusted PB Ratio was 3.59. The lowest was 1.42. And the median was 2.32.

BSP:MDLZ34's Cyclically Adjusted PB Ratio is ranked worse than
80.02% of 1251 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs BSP:MDLZ34: 3.30

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.

Mondelez International's adjusted book value per share data for the three months ended in Mar. 2024 was R$52.766. 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 R$54.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Mondelez International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mondelez International'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.

Mondelez International Cyclically Adjusted PB Ratio Chart

Mondelez International 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 2.75 2.95 3.21 3.11 3.32

Mondelez International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.21 3.33 3.15 3.32 3.22

Competitive Comparison of Mondelez International's Cyclically Adjusted PB Ratio

For the Confectioners subindustry, Mondelez International'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.


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

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

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



Mondelez International 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.

Mondelez International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=183.60/54.51
=3.37

* 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.

Mondelez International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Mondelez International'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)
=52.766/129.4194*129.4194
=52.766

Current CPI (Mar. 2024) = 129.4194.

Mondelez International Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.385 100.560 27.522
201409 21.464 100.428 27.660
201412 22.034 99.070 28.784
201503 23.708 99.621 30.799
201506 23.795 100.684 30.586
201509 36.633 100.392 47.225
201512 34.401 99.792 44.614
201603 33.029 100.470 42.546
201606 30.371 101.688 38.653
201609 28.951 101.861 36.784
201612 27.608 101.863 35.077
201703 26.381 102.862 33.192
201706 28.051 103.349 35.127
201709 27.265 104.136 33.885
201712 28.778 104.011 35.808
201803 29.276 105.290 35.985
201806 32.407 106.317 39.449
201809 35.892 106.507 43.613
201812 34.307 105.998 41.888
201903 34.351 107.251 41.451
201906 34.872 108.070 41.761
201909 38.325 108.329 45.786
201912 38.958 108.420 46.504
202003 43.944 108.902 52.223
202006 47.264 108.767 56.238
202009 50.877 109.815 59.960
202012 49.987 109.897 58.867
202103 54.309 111.754 62.894
202106 49.482 114.631 55.865
202109 52.412 115.734 58.610
202112 57.436 117.630 63.193
202203 50.639 121.301 54.028
202206 50.597 125.017 52.379
202209 51.081 125.227 52.791
202212 51.619 125.222 53.349
202303 53.964 127.348 54.842
202306 51.082 128.729 51.356
202309 51.588 129.860 51.413
202312 51.473 129.419 51.473
202403 52.766 129.419 52.766

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.


Mondelez International  (BSP:MDLZ34) 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.


Mondelez International Cyclically Adjusted PB Ratio Related Terms

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


Mondelez International (BSP:MDLZ34) Business Description

Address
905 West Fulton Market, Suite 200, Chicago, IL, USA, 60607
Mondelez has operated as an independent organization since its split from the former Kraft Foods North American grocery business in October 2012. The firm is a leading player in the global snack arena with a presence in the biscuit (50% of sales), chocolate (30%), gum/candy (11%), beverage (3%), and cheese and grocery (6%) aisles, as of the end of fiscal 2022. Mondelez's portfolio includes well-known brands like Oreo, Chips Ahoy, Halls, and Cadbury, among others. The firm derives just shy of 40% of revenue from developing markets, about one third from Europe, and the remainder from North America.

Mondelez International (BSP:MDLZ34) Headlines

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