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Cal-Maine Foods Inc  (NAS:CALM) PB Ratio: 2.36 (As of Today)

As of today, Cal-Maine Foods Inc's share price is $40.95. Cal-Maine Foods Inc's Book Value per Share for the fiscal year that ended in May. 2017 was $17.35. Hence, Cal-Maine Foods Inc's P/B Ratio of today is 2.36.

NAS:CALM' s PB Ratio Range Over the Past 10 Years
Min: 1.35   Max: 3.96
Current: 2.36

1.35
3.96

During the past 13 years, Cal-Maine Foods Inc's highest P/B Ratio was 3.96. The lowest was 1.35. And the median was 2.14.

NAS:CALM's PB Ratio is ranked lower than
61% of the 1479 Companies
in the Global industry.

( Industry Median: 1.73 vs. NAS:CALM: 2.36 )

During the past 12 months, Cal-Maine Foods Inc's average Book Value Per Share Growth Rate was -8.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 15.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Cal-Maine Foods Inc was 42.30% per year. The lowest was -10.40% per year. And the median was 12.90% per year.


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Cal-Maine Foods Inc Annual Data

May08 May09 May10 May11 May12 May13 May14 May15 May16 May17
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.98 2.70 3.91 2.36 2.14

Cal-Maine Foods Inc Quarterly Data

Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17
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 2.36 2.52 2.29 2.13 2.14

Competitive Comparison
* 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.


Calculation

Cal-Maine Foods Inc's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: May. 2017)
=40.95/17.346
=2.36

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


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