GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Post Holdings Inc (FRA:2PO) » Definitions » Cyclically Adjusted Book per Share

Post Holdings (FRA:2PO) Cyclically Adjusted Book per Share : €53.98 (As of Mar. 2024)


View and export this data going back to 2012. Start your Free Trial

What is Post Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Post Holdings's adjusted book value per share for the three months ended in Mar. 2024 was €60.441. 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 €53.98 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Post Holdings's average Cyclically Adjusted Book Growth Rate was 3.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 5.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Post Holdings was 5.50% per year. The lowest was 5.50% per year. And the median was 5.50% per year.

As of today (2024-05-21), Post Holdings's current stock price is €96.50. Post Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €53.98. Post Holdings's Cyclically Adjusted PB Ratio of today is 1.79.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Post Holdings was 1.84. The lowest was 1.09. And the median was 1.47.


Post Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Post Holdings's Cyclically Adjusted Book per Share 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.

Post Holdings Cyclically Adjusted Book per Share Chart

Post Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 42.19 44.48 57.04 54.81

Post Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 52.03 52.36 54.81 52.05 53.98

Competitive Comparison of Post Holdings's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Post Holdings'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.


Post Holdings's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Post Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Post Holdings'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)
=60.441/131.7762*131.7762
=60.441

Current CPI (Mar. 2024) = 131.7762.

Post Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.628 100.560 55.861
201409 39.547 100.428 51.892
201412 39.288 99.070 52.258
201503 42.520 99.621 56.244
201506 43.353 100.684 56.741
201509 43.972 100.392 57.719
201512 44.059 99.792 58.180
201603 41.984 100.470 55.066
201606 41.853 101.688 54.237
201609 41.305 101.861 53.436
201612 44.009 101.863 56.933
201703 42.162 102.862 54.014
201706 37.010 103.349 47.190
201709 35.286 104.136 44.652
201712 39.049 104.011 49.473
201803 37.597 105.290 47.055
201806 39.425 106.317 48.866
201809 39.193 106.507 48.492
201812 41.522 105.998 51.620
201903 39.042 107.251 47.970
201906 38.833 108.070 47.352
201909 36.848 108.329 44.823
201912 43.229 108.420 52.541
202003 38.589 108.902 46.695
202006 38.250 108.767 46.341
202009 36.498 109.815 43.797
202012 37.299 109.897 44.725
202103 38.300 111.754 45.162
202106 36.921 114.631 42.443
202109 36.942 115.734 42.063
202112 36.712 117.630 41.127
202203 51.966 121.301 56.454
202206 53.744 125.017 56.650
202209 55.989 125.227 58.917
202212 54.929 125.222 57.804
202303 50.891 127.348 52.661
202306 59.555 128.729 60.965
202309 59.603 129.860 60.483
202312 59.601 129.419 60.686
202403 60.441 131.776 60.441

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Post Holdings  (FRA:2PO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Post Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=96.50/53.98
=1.79

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Post Holdings was 1.84. The lowest was 1.09. And the median was 1.47.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Post Holdings Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Post Holdings's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Post Holdings (FRA:2PO) Business Description

Traded in Other Exchanges
Address
2503 South Hanley Road, St. Louis, MO, USA, 63144
Post Holdings Inc is an consumer packaged goods holding company. It operates in Post Consumer Brands which Includes branded and private label ready-to-eat cereals, Weetabix it Includes the businesses of Weetabix Limited, which Post acquired in July 2017 and which produces and distributes branded and private label RTE cereal, hot cereals and other cereal-based food products, Foodservice which Includes primarily egg and potato products in the foodservice and food ingredient channels from the businesses of MFI Holding Corporation, lastly Refrigerated Retail segment Provides refrigerated retail products, inclusive of side dishes, eggs and egg products, sausage, cheese and other dairy and refrigerated products.

Post Holdings (FRA:2PO) Headlines

No Headlines