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Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Cyclically Adjusted Book per Share : $0.00 (As of Mar. 2017)


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What is Mead Johnson Nutrition 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.

Mead Johnson Nutrition Co's adjusted book value per share for the three months ended in Mar. 2017 was $-2.286. 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 $0.00 for the trailing ten years ended in Mar. 2017.

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.

As of today (2024-05-05), Mead Johnson Nutrition Co's current stock price is $89.98. Mead Johnson Nutrition Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 was $0.00. Mead Johnson Nutrition Co's Cyclically Adjusted PB Ratio of today is .


Mead Johnson Nutrition Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Mead Johnson Nutrition 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.

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Mead Johnson Nutrition Co Cyclically Adjusted Book per Share Chart

Mead Johnson Nutrition Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted Book per Share
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Mead Johnson Nutrition Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Mead Johnson Nutrition Co's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Mead Johnson Nutrition 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.


Mead Johnson Nutrition Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Mead Johnson Nutrition Co's Cyclically Adjusted PB Ratio falls into.



Mead Johnson Nutrition 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, Mead Johnson Nutrition Co's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book= Book Value per Share /CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=-2.286/102.8622*102.8622
=-2.286

Current CPI (Mar. 2017) = 102.8622.

Mead Johnson Nutrition Co Quarterly Data

Book Value per Share CPI Adj_Book
200612 0.000 85.142 0.000
200709 0.000 87.964 0.000
200712 3.711 88.616 4.308
200803 0.000 90.090 0.000
200806 3.914 92.320 4.361
200809 -6.610 92.307 -7.366
200812 -6.850 88.697 -7.944
200903 -4.425 89.744 -5.072
200906 -4.009 91.003 -4.531
200909 -3.468 91.120 -3.915
200912 -3.300 91.111 -3.726
201003 -2.916 91.821 -3.267
201006 -2.555 91.962 -2.858
201009 -2.072 92.162 -2.313
201012 -1.794 92.474 -1.996
201103 -1.284 94.283 -1.401
201106 -0.960 95.235 -1.037
201109 -0.748 95.727 -0.804
201112 -0.879 95.213 -0.950
201203 -0.370 96.783 -0.393
201206 -0.085 96.819 -0.090
201209 0.130 97.633 0.137
201212 0.092 96.871 0.098
201303 0.370 98.209 0.388
201306 0.725 98.518 0.757
201309 1.041 98.790 1.084
201312 1.445 98.326 1.512
201403 1.712 99.695 1.766
201406 2.147 100.560 2.196
201409 2.520 100.428 2.581
201412 2.839 99.070 2.948
201503 3.295 99.621 3.402
201506 3.733 100.684 3.814
201509 1.738 100.392 1.781
201512 -3.390 99.792 -3.494
201603 -3.403 100.470 -3.484
201606 -3.043 101.688 -3.078
201609 -2.589 101.861 -2.614
201612 -2.796 101.863 -2.823
201703 -2.286 102.862 -2.286

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


Mead Johnson Nutrition Co  (NYSE:MJN) 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.


Be Aware

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


Mead Johnson Nutrition Co Cyclically Adjusted Book per Share Related Terms

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


Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Business Description

Traded in Other Exchanges
N/A
Address
Mead Johnson Nutrition makes, distributes, and markets pediatric nutrition products worldwide under a variety of brands, including Enfamil, its largest label, along with Sustagen, Enfagrow, and Nutramigen. Infant formula represented 59% of 2015 sales and children's nutrition 39%, with expectant and nursing mother nutrition and pediatric vitamins comprising the remainder. The company sells its products globally; 73% of sales were generated outside the United States in 2015. At about 30% of revenue, China is the company's largest market.
Executives
Kimberly A Casiano director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
James E. Shiah officer: SVP and Controller 2 PARK AVENUE, NEW YORK NY 10016
Howard B Bernick director 1100 N WOOD DALE RD, WOOD DALE IL 60191
Michael A. Sherman director 3000 KENT AVE STE A1-100, WEST LAFAYETTE IN 47906
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Peter Gervis Ratcliffe director
Steven Altschuler director MEAD JOHNSON NUTRITION COMPANY, 2701 PATRIOT BLVD, GLENVIEW IL 60026
Patrick M Sheller officer: SVP, Gen. Counsel & Secretary 343 STATE STREET, ROCHESTER NY 14650
Elliot Sigal director
James M Cornelius director
Michael Grobstein director C/O GUIDANT CORP, 111 MONUMENT CIRCLE #2900, INDIANAPOLIS IN 46204-5129
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Peter G Leemputte officer: EVP and CFO CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Lynn H Clark officer: Sr. VP, Human Resources 2400 WEST LLOYD EXPRESSWAY, EVANSVILLE IL 47721

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