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The Kraft Heinz Co (XSWX:KHC) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is The Kraft Heinz Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kraft Heinz Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Kraft Heinz Co'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.

The Kraft Heinz Co Cyclically Adjusted PB Ratio Chart

The Kraft Heinz Co 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 - 1.03 0.98 1.00 0.82

The Kraft Heinz Co 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 1.00 0.91 0.81 0.75 0.82

Competitive Comparison of The Kraft Heinz Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, The Kraft Heinz Co'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.


The Kraft Heinz Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, The Kraft Heinz Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Kraft Heinz Co 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.

The Kraft Heinz Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, The Kraft Heinz Co'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)
=34.963/129.4194*129.4194
=34.963

Current CPI (Dec. 2023) = 129.4194.

The Kraft Heinz Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.847 99.695 10.187
201406 8.229 100.560 10.591
201409 8.867 100.428 11.427
201412 7.248 99.070 9.468
201503 7.499 99.621 9.742
201506 3.749 100.684 4.819
201509 47.144 100.392 60.776
201512 47.284 99.792 61.322
201603 46.848 100.470 60.347
201606 46.053 101.688 58.612
201609 30.995 101.861 39.381
201612 48.066 101.863 61.069
201703 47.488 102.862 59.749
201706 46.358 103.349 58.052
201709 46.433 104.136 57.707
201712 53.328 104.011 66.355
201803 51.520 105.290 63.327
201806 53.339 106.317 64.930
201809 51.938 106.507 63.111
201812 41.999 105.998 51.279
201903 42.401 107.251 51.165
201906 41.741 108.070 49.987
201909 41.922 108.329 50.084
201912 41.544 108.420 49.590
202003 40.043 108.902 47.587
202006 38.145 108.767 45.388
202009 36.819 109.815 43.392
202012 36.406 109.897 42.873
202103 38.228 111.754 44.271
202106 37.111 114.631 41.898
202109 37.671 115.734 42.125
202112 37.094 117.630 40.812
202203 37.665 121.301 40.186
202206 38.646 125.017 40.007
202209 38.193 125.227 39.472
202212 37.019 125.222 38.260
202303 37.136 127.348 37.740
202306 36.614 128.729 36.810
202309 36.187 129.860 36.064
202312 34.963 129.419 34.963

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.


The Kraft Heinz Co  (XSWX:KHC) 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.


The Kraft Heinz Co Cyclically Adjusted PB Ratio Related Terms

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The Kraft Heinz Co (XSWX:KHC) Business Description

Address
One PPG Place, Pittsburgh, PA, USA, 15222
In July 2015, Kraft merged with Heinz to create the third-largest food and beverage manufacturer in North America behind PepsiCo and Nestle and the fifth-largest player in the world. Beyond its namesake brands, the combined firm's portfolio includes Oscar Mayer, Velveeta, and Philadelphia. While the retail channel drives around 85% of its total sales, the firm operates a growing presence in the foodservice arena. Outside North America, Kraft Heinz's global reach counts a distribution network in Europe and emerging markets that drives 20%-25% of its consolidated sales base, as its products are sold in more than 190 countries and territories.

The Kraft Heinz Co (XSWX:KHC) Headlines