GURUFOCUS.COM » STOCK LIST » USA » AMEX » Seaboard Corp (AMEX:SEB) » Definitions » Cyclically Adjusted PB Ratio
Switch to:

Seaboard (AMEX:SEB) Cyclically Adjusted PB Ratio

: 0.97 (As of Today)
View and export this data going back to 1980. Start your Free Trial

As of today (2023-11-29), Seaboard's current share price is $3491.99. Seaboard's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $3,592.05. Seaboard's Cyclically Adjusted PB Ratio for today is 0.97.

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

SEB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.75   Max: 3.1
Current: 0.98

During the past years, Seaboard's highest Cyclically Adjusted PB Ratio was 3.10. The lowest was 0.97. And the median was 1.75.

SEB's Cyclically Adjusted PB Ratio is ranked worse than
53.17% of 442 companies
in the Conglomerates industry
Industry Median: 0.91 vs SEB: 0.98

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.

Seaboard's adjusted book value per share data for the three months ended in Sep. 2023 was $4,449.594. 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 $3,592.05 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Seaboard Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Seaboard'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.

Seaboard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.58 1.74 1.16 1.32 1.13

Seaboard Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 1.03 1.13 1.10 1.01 1.04

Competitive Comparison

For the Conglomerates subindustry, Seaboard'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.


Seaboard Cyclically Adjusted PB Ratio Distribution

For the Conglomerates industry and Industrials sector, Seaboard's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Seaboard 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.

Seaboard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3491.99/3592.05
=0.97

* 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.

Seaboard's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Seaboard's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=4449.594/129.8595*129.8595
=4,449.594

Current CPI (Sep. 2023) = 129.8595.

Seaboard Quarterly Data

Book Value per Share CPI Adj_Book
201312 2,081.861 98.326 2,749.524
201403 2,100.113 99.695 2,735.553
201406 2,166.072 100.560 2,797.200
201409 2,253.205 100.428 2,913.537
201412 2,332.237 99.070 3,057.071
201503 2,345.264 99.621 3,057.132
201506 2,377.511 100.684 3,066.452
201509 2,374.626 100.392 3,071.652
201512 2,456.965 99.792 3,197.240
201603 2,481.739 100.470 3,207.685
201606 2,559.481 101.688 3,268.553
201609 2,619.282 101.861 3,339.243
201612 2,701.294 101.863 3,443.740
201703 2,772.201 102.862 3,499.795
201706 2,823.459 103.349 3,547.713
201709 2,890.094 104.136 3,604.014
201712 2,902.055 104.011 3,623.261
201803 2,919.995 105.290 3,601.395
201806 2,907.180 106.317 3,550.943
201809 2,914.869 106.507 3,553.987
201812 2,837.789 105.998 3,476.615
201903 2,882.092 107.251 3,489.653
201906 2,925.151 108.070 3,514.948
201909 2,918.831 108.329 3,498.939
201912 3,082.800 108.420 3,692.405
202003 2,952.325 108.902 3,520.497
202006 2,911.835 108.767 3,476.499
202009 3,045.366 109.815 3,601.239
202012 3,288.306 109.897 3,885.625
202103 3,453.712 111.754 4,013.241
202106 3,594.135 114.631 4,071.594
202109 3,681.145 115.734 4,130.423
202112 3,804.338 117.630 4,199.877
202203 3,889.626 121.301 4,164.062
202206 3,980.082 125.017 4,134.256
202209 4,093.799 125.227 4,245.257
202212 4,304.002 125.222 4,463.405
202303 4,299.695 127.348 4,384.499
202306 4,345.354 128.729 4,383.525
202309 4,449.594 129.860 4,449.594

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.


Seaboard  (AMEX:SEB) 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.


Seaboard Cyclically Adjusted PB Ratio Related Terms

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


Seaboard (AMEX:SEB) Business Description

Industry
Traded in Other Exchanges
Address
9000 West 67th Street, Merriam, KS, USA, 66202
Seaboard Corp is a diversified group of companies that operate in agricultural and ocean transport businesses. The company is engaged in hog production and pork processing in the United States; commodity trading and grain processing in Africa and South America; cargo shipping services in the U.S., Caribbean and Central and South America; sugar and alcohol production in Argentina; and electric power generation in the Dominican Republic. It also has an equity method investment in Butterball, LLC, a producer and processor of turkey products. The group operates six business segments: pork, commodity trading and milling, marine, sugar and alcohol, power, and turkey. It operates in 45 countries, with a concentration in the U.S. and countries in Central and South America and Africa.
Executives
Cerezo Baena Laura P officer: Assistant Secretary 9000 W 67TH STREET, SHAWNEE MISSION KS 66202
Barbara M Smith officer: Interim Controller and PAO 9000 W 67TH STREET, MERRIAM KS 66202
Frances B Shifman director 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Vacas Jacques Emma Alejandra officer: Assistant Treasurer 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
James T Hubler officer: Assoc. Gen Counsel & Asst. Sec 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Benjamin R Hodes officer: Vice President, Finance 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Elizabeth A Loudon officer: Vice President, Tax 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
John B Warner officer: Vice President-Human Resources 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Adriana N Hoskins officer: Vice President and Treasurer 9000 WEST 67TH STREET, MERRIAM KS 66202
Peter B Brown officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Jacob A. Bresky officer: Vice Pres-Business Development 9000 WEST 67TH STREET, 3RD FLOOR, SHAWNEE MISSION KS 66202
Ellen S. Bresky director, 10 percent owner 9000 WEST 67TH STREET, 3RD FLOOR, SHAWNEE MISSION KS 66202
Douglas W Baena director
Darwin E Sand officer: Pres. & CEO, Seaboard Foods 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202
Winfield Ivan J. Jr officer: VP-Information Technology 9000 WEST 67TH STREET, SHAWNEE MISSION KS 66202