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Campbell Soup Co (FRA:CSC) Cyclically Adjusted Book per Share : €7.85 (As of Jan. 2024)


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What is Campbell Soup Co 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.

Campbell Soup Co's adjusted book value per share for the three months ended in Jan. 2024 was €11.853. 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 €7.85 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Campbell Soup Co's average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.30% 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 Campbell Soup Co was 16.80% per year. The lowest was -11.60% per year. And the median was 3.60% per year.

As of today (2024-05-20), Campbell Soup Co's current stock price is €42.83. Campbell Soup Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €7.85. Campbell Soup Co's Cyclically Adjusted PB Ratio of today is 5.46.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Campbell Soup Co was 16.17. The lowest was 4.87. And the median was 9.99.


Campbell Soup Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Campbell Soup Co'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.

Campbell Soup Co Cyclically Adjusted Book per Share Chart

Campbell Soup Co Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.18 4.26 5.04 7.04 7.35

Campbell Soup Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 6.91 7.07 7.35 7.86 7.85

Competitive Comparison of Campbell Soup Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Campbell Soup 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.


Campbell Soup Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Campbell Soup Co 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, Campbell Soup Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=11.853/130.1244*130.1244
=11.853

Current CPI (Jan. 2024) = 130.1244.

Campbell Soup Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.717 100.023 4.836
201407 3.813 100.520 4.936
201410 4.079 100.176 5.298
201501 4.211 98.604 5.557
201504 4.745 99.824 6.185
201507 4.049 100.691 5.233
201510 4.064 100.346 5.270
201601 4.548 99.957 5.921
201604 4.778 100.947 6.159
201607 4.481 101.524 5.743
201610 4.700 101.988 5.997
201701 4.530 102.456 5.753
201704 4.545 103.167 5.733
201707 4.715 103.278 5.941
201710 4.753 104.070 5.943
201801 5.290 104.578 6.582
201804 3.802 105.708 4.680
201807 3.879 106.324 4.747
201810 4.064 106.695 4.956
201901 3.693 106.200 4.525
201904 3.631 107.818 4.382
201907 3.269 108.250 3.930
201910 3.709 108.577 4.445
202001 7.441 108.841 8.896
202004 7.844 108.173 9.436
202007 7.383 109.318 8.788
202010 7.768 109.861 9.201
202101 7.917 110.364 9.335
202104 8.258 112.673 9.537
202107 8.830 115.183 9.975
202110 9.234 116.696 10.297
202201 9.806 118.619 10.757
202204 10.473 121.978 11.172
202207 10.951 125.002 11.400
202210 11.769 125.734 12.180
202301 11.170 126.223 11.515
202304 10.975 127.992 11.158
202307 11.106 128.974 11.205
202310 11.933 129.810 11.962
202401 11.853 130.124 11.853

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


Campbell Soup Co  (FRA:CSC) 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.

Campbell Soup Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=42.83/7.85
=5.46

* 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 Campbell Soup Co was 16.17. The lowest was 4.87. And the median was 9.99.


Be Aware

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


Campbell Soup Co Cyclically Adjusted Book per Share Related Terms

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


Campbell Soup Co (FRA:CSC) Business Description

Traded in Other Exchanges
Address
1 Campbell Place, Camden, NJ, USA, 08103-1799
With a history that dates back around 150 years, Campbell Soup is now a leading manufacturer and marketer of branded convenience food products, most notably soup. The firm's product assortment includes well-known brands like Campbell's, Pace, Prego, Swanson, V8, and Pepperidge Farm. Following the sale of its international snacking operations in calendar 2019, the firm derives nearly all of its sales from the United States. Campbell has made a handful of acquisitions to reshape its product mix in the past several years, including the tie-up with Snyder's-Lance in March 2018, which enhanced its exposure to the faster-growing on-trend snack food aisle, complementing its Pepperidge Farm lineup.

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