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Maple Leaf Foods (STU:M1L) Cyclically Adjusted Book per Share : €12.29 (As of Mar. 2024)


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What is Maple Leaf 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.

Maple Leaf Foods's adjusted book value per share for the three months ended in Mar. 2024 was €8.599. 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 €12.29 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Maple Leaf Foods's average Cyclically Adjusted Book Growth Rate was 3.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 7.70% 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 Maple Leaf Foods was 9.30% per year. The lowest was 1.10% per year. And the median was 7.10% per year.

As of today (2024-06-08), Maple Leaf Foods's current stock price is €15.20. Maple Leaf Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.29. Maple Leaf Foods's Cyclically Adjusted PB Ratio of today is 1.24.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Maple Leaf Foods was 3.20. The lowest was 1.17. And the median was 2.10.


Maple Leaf Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Maple Leaf 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.

Maple Leaf Foods Cyclically Adjusted Book per Share Chart

Maple Leaf Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.97 8.75 10.46 11.62 12.00

Maple Leaf Foods 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 11.76 12.22 12.28 12.00 12.29

Competitive Comparison of Maple Leaf Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Maple Leaf 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.


Maple Leaf Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

* The bar in red indicates where Maple Leaf Foods's Cyclically Adjusted PB Ratio falls into.



Maple Leaf 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, Maple Leaf Foods'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)
=8.599/126.2576*126.2576
=8.599

Current CPI (Mar. 2024) = 126.2576.

Maple Leaf Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.411 99.473 14.484
201409 11.396 99.394 14.476
201412 11.043 98.367 14.174
201503 11.486 99.789 14.533
201506 10.940 100.500 13.744
201509 10.349 100.421 13.012
201512 10.123 99.947 12.788
201603 10.613 101.054 13.260
201606 10.734 102.002 13.287
201609 10.772 101.765 13.365
201612 11.235 101.449 13.983
201703 11.101 102.634 13.656
201706 10.627 103.029 13.023
201709 10.926 103.345 13.348
201712 10.734 103.345 13.114
201803 10.279 105.004 12.360
201806 10.615 105.557 12.697
201809 10.605 105.636 12.675
201812 10.635 105.399 12.740
201903 10.727 106.979 12.660
201906 10.411 107.690 12.206
201909 10.705 107.611 12.560
201912 10.840 107.769 12.700
202003 10.028 107.927 11.731
202006 9.971 108.401 11.613
202009 10.040 108.164 11.719
202012 10.068 108.559 11.709
202103 11.059 110.298 12.659
202106 11.093 111.720 12.537
202109 11.194 112.905 12.518
202112 11.379 113.774 12.628
202203 12.109 117.646 12.995
202206 12.030 120.806 12.573
202209 10.665 120.648 11.161
202212 9.499 120.964 9.915
202303 8.936 122.702 9.195
202306 8.850 124.203 8.996
202309 8.759 125.230 8.831
202312 8.450 125.072 8.530
202403 8.599 126.258 8.599

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


Maple Leaf Foods  (STU:M1L) 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.

Maple Leaf Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=15.20/12.29
=1.24

* 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 Maple Leaf Foods was 3.20. The lowest was 1.17. And the median was 2.10.


Be Aware

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


Maple Leaf Foods Cyclically Adjusted Book per Share Related Terms

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


Maple Leaf Foods (STU:M1L) Business Description

Traded in Other Exchanges
Address
6985 Financial Drive, Mississauga, ON, CAN, L5N 0A1
Maple Leaf Foods Incs is a producer of food products under leading brands, including Maple Leaf, Maple Leaf PrimeMaple Leaf Natural Selections, Schneiders, Schneiders Country Naturals, Mina, Greenfield Natural Meat Co., Lightlife, and Field Roast. The Company's portfolio includes prepared meats, ready-to-cook and ready-toserve meals, and valued-added fresh pork and poultry, and plant protein products. Its main markets are Canada, the United States, Japan, and China. The key brands are Maple Leaf and Schneiders, Maple Leaf Prime Naturally, Shopsy, Mitchell's Gourmet Food, Larse, Parm, and Hygrade.

Maple Leaf Foods (STU:M1L) Headlines

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