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Fu-Wang Foods (DHA:FUWANGFOOD) Cyclically Adjusted PB Ratio : 2.74 (As of Apr. 28, 2024)


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What is Fu-Wang Foods Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Fu-Wang Foods's current share price is BDT28.60. Fu-Wang Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was BDT10.43. Fu-Wang Foods's Cyclically Adjusted PB Ratio for today is 2.74.

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

DHA:FUWANGFOOD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.59   Med: 2.2   Max: 4.11
Current: 2.74

During the past 12 years, Fu-Wang Foods's highest Cyclically Adjusted PB Ratio was 4.11. The lowest was 1.59. And the median was 2.20.

DHA:FUWANGFOOD's Cyclically Adjusted PB Ratio is ranked worse than
76.32% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs DHA:FUWANGFOOD: 2.74

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.

Fu-Wang Foods's adjusted book value per share data of for the fiscal year that ended in Jun23 was BDT2.432. 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 BDT10.43 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Fu-Wang Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Fu-Wang 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.

Fu-Wang Foods Cyclically Adjusted PB Ratio Chart

Fu-Wang Foods Annual Data
Trend Jun13 Jun14 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.59 2.32 2.25

Fu-Wang Foods Quarterly Data
Mar16 Jun16 Mar17 Jun17 Mar18 Jun18 Mar19 Jun19 Sep19 Jun20 Sep20 Mar21 Jun21 Sep21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 2.32 - - 2.25 -

Competitive Comparison of Fu-Wang Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Fu-Wang 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.


Fu-Wang Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Fu-Wang 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.

Fu-Wang Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.60/10.43
=2.74

* 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.

Fu-Wang Foods's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Fu-Wang Foods's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=2.432/128.7287*128.7287
=2.432

Current CPI (Jun23) = 128.7287.

Fu-Wang Foods Annual Data

Book Value per Share CPI Adj_Book
201306 7.719 98.518 10.086
201406 7.566 100.560 9.685
201606 9.684 101.688 12.259
201706 10.262 103.349 12.782
201806 10.201 106.317 12.351
201906 11.702 108.070 13.939
202006 12.003 108.767 14.206
202106 11.851 114.631 13.308
202206 3.173 125.017 3.267
202306 2.432 128.729 2.432

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.


Fu-Wang Foods  (DHA:FUWANGFOOD) 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.


Fu-Wang Foods Cyclically Adjusted PB Ratio Related Terms

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


Fu-Wang Foods (DHA:FUWANGFOOD) Business Description

Traded in Other Exchanges
N/A
Address
House No. 55, Road No. 17, Banani Commercial Area, Fu-Wang Building, Dhaka, BGD, 1213
Fu-Wang Foods Ltd is a Bangladesh-based company, which owns and operates industrial plants for food items. The products offered by the group include Bread, Biscuits, Cake, Toast, Wafer Bar, Chocolate, Instant Noodles, Drinking Water, Carbonated Drinks, Boroi Chutney, Lascha Shemai, and Energy Drinks.

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