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Modern Plant Based Foods (Modern Plant Based Foods) Cyclically Adjusted Book per Share : $1.28 (As of Feb. 2024)


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What is Modern Plant Based Foods 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.

Modern Plant Based Foods's adjusted book value per share for the three months ended in Feb. 2024 was $-0.105. 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 $1.28 for the trailing ten years ended in Feb. 2024.

During the past 12 months, Modern Plant Based Foods's average Cyclically Adjusted Book Growth Rate was -84.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -46.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -36.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -23.90% 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 Modern Plant Based Foods was -1.90% per year. The lowest was -46.20% per year. And the median was -18.00% per year.

As of today (2024-06-12), Modern Plant Based Foods's current stock price is $0.2678. Modern Plant Based Foods's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $1.28. Modern Plant Based Foods's Cyclically Adjusted PB Ratio of today is 0.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Modern Plant Based Foods was 1.33. The lowest was 0.07. And the median was 0.29.


Modern Plant Based Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Modern Plant Based Foods'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.

Modern Plant Based Foods Cyclically Adjusted Book per Share Chart

Modern Plant Based Foods Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.71 24.51 19.49 10.65 4.10

Modern Plant Based Foods Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 9.47 4.89 4.10 2.80 1.28

Competitive Comparison of Modern Plant Based Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Modern Plant Based Foods'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.


Modern Plant Based Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Modern Plant Based Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Modern Plant Based Foods's Cyclically Adjusted PB Ratio falls into.



Modern Plant Based Foods 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, Modern Plant Based Foods's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book= Book Value per Share /CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=-0.105/125.4675*125.4675
=-0.105

Current CPI (Feb. 2024) = 125.4675.

Modern Plant Based Foods Quarterly Data

Book Value per Share CPI Adj_Book
201404 44.372 98.920 56.280
201407 42.406 99.315 53.573
201410 4.503 99.473 5.680
201501 3.603 98.209 4.603
201504 -0.322 99.710 -0.405
201507 1.711 100.579 2.134
201510 -6.794 100.500 -8.482
201601 -6.716 100.184 -8.411
201604 -8.743 101.370 -10.821
201607 -8.467 101.844 -10.431
201610 -10.600 102.002 -13.039
201701 -3.983 102.318 -4.884
201704 -1.392 103.029 -1.695
201707 -1.693 103.029 -2.062
201710 -1.022 103.424 -1.240
201801 0.458 104.056 0.552
201804 0.075 105.320 0.089
201807 0.356 106.110 0.421
201810 0.293 105.952 0.347
201901 0.256 105.557 0.304
201904 0.229 107.453 0.267
201907 0.197 108.243 0.228
201910 0.223 107.927 0.259
202001 0.131 108.085 0.152
202004 0.075 107.216 0.088
202008 0.659 108.243 0.764
202011 0.517 108.796 0.596
202102 0.534 109.745 0.611
202105 0.609 111.404 0.686
202108 0.435 112.668 0.484
202111 0.353 113.932 0.389
202202 0.177 115.986 0.191
202205 1.194 120.016 1.248
202208 0.017 120.569 0.018
202211 -0.049 121.675 -0.051
202302 -0.043 122.070 -0.044
202305 -0.062 124.045 -0.063
202308 -0.085 125.389 -0.085
202311 -0.095 125.468 -0.095
202402 -0.105 125.468 -0.105

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


Modern Plant Based Foods  (OTCPK:MDRNF) 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.

Modern Plant Based Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.2678/1.28
=0.21

* 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 Modern Plant Based Foods was 1.33. The lowest was 0.07. And the median was 0.29.


Be Aware

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


Modern Plant Based Foods Cyclically Adjusted Book per Share Related Terms

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


Modern Plant Based Foods (Modern Plant Based Foods) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3
Modern Plant Based Foods Inc is a Canadian food company based in Vancouver, British Columbia that offers a portfolio of plant-based products including meat alternatives, dairy-free cheeses, homemade style soups and vegan snacks. The company understands the importance of providing nutritious and sustainable alternatives without sacrificing taste. All products are made free of soy, gluten, nuts and GMOs. Modern Plant-Based Foods' objective is to change the way food is produced and consumed for the benefit of people, animals and the environment by using natural plant-based ingredients. The products are available for purchase at various retail locations and on e-commerce platforms.

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