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Tofutti Brands (Tofutti Brands) Cyclically Adjusted Book per Share : $0.79 (As of Mar. 2024)


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What is Tofutti Brands 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.

Tofutti Brands's adjusted book value per share for the three months ended in Mar. 2024 was $0.680. 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 $0.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tofutti Brands's average Cyclically Adjusted Book Growth Rate was 2.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -0.60% 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 Tofutti Brands was 26.00% per year. The lowest was -16.40% per year. And the median was 3.30% per year.

As of today (2024-05-24), Tofutti Brands's current stock price is $0.78. Tofutti Brands's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.79. Tofutti Brands's Cyclically Adjusted PB Ratio of today is 0.99.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tofutti Brands was 7.91. The lowest was 0.67. And the median was 2.85.


Tofutti Brands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tofutti Brands'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.

Tofutti Brands Cyclically Adjusted Book per Share Chart

Tofutti Brands 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 0.71 0.69 0.73 0.76 0.78

Tofutti Brands 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 0.77 0.78 0.78 0.78 0.79

Competitive Comparison of Tofutti Brands's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Tofutti Brands'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.


Tofutti Brands's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Tofutti Brands 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, Tofutti Brands'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)
=0.68/131.7762*131.7762
=0.680

Current CPI (Mar. 2024) = 131.7762.

Tofutti Brands Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.511 100.560 0.670
201409 0.479 100.428 0.629
201412 0.496 99.070 0.660
201503 0.422 99.621 0.558
201506 0.440 100.684 0.576
201509 0.415 100.392 0.545
201512 0.393 99.792 0.519
201603 0.423 100.470 0.555
201606 0.460 101.688 0.596
201609 0.467 101.861 0.604
201612 0.479 101.863 0.620
201703 0.459 102.862 0.588
201706 0.511 103.349 0.652
201709 0.574 104.136 0.726
201712 0.629 104.011 0.797
201803 0.693 105.290 0.867
201806 0.710 106.317 0.880
201809 0.691 106.507 0.855
201812 0.728 105.998 0.905
201903 0.732 107.251 0.899
201906 0.720 108.070 0.878
201909 0.712 108.329 0.866
201912 0.743 108.420 0.903
202003 0.752 108.902 0.910
202006 0.780 108.767 0.945
202009 0.822 109.815 0.986
202012 0.858 109.897 1.029
202103 0.874 111.754 1.031
202106 0.879 114.631 1.010
202109 0.903 115.734 1.028
202112 0.886 117.630 0.993
202203 0.926 121.301 1.006
202206 0.886 125.017 0.934
202209 0.848 125.227 0.892
202212 0.795 125.222 0.837
202303 0.779 127.348 0.806
202306 0.720 128.729 0.737
202309 0.744 129.860 0.755
202312 0.736 129.419 0.749
202403 0.680 131.776 0.680

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


Tofutti Brands  (OTCPK:TOFB) 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.

Tofutti Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=0.78/0.79
=0.99

* 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 Tofutti Brands was 7.91. The lowest was 0.67. And the median was 2.85.


Be Aware

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


Tofutti Brands Cyclically Adjusted Book per Share Related Terms

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


Tofutti Brands (Tofutti Brands) Business Description

Traded in Other Exchanges
N/A
Address
50 Jackson Drive, Cranford, NJ, USA, 07016
Tofutti Brands Inc is engaged in the development, production, and marketing of TOFUTTI brand non-dairy frozen desserts and other food products. It offers soy-based products, plant-based, dairy vegan, frozen desserts, soy-based cheeses and spreads, and other frozen food products. The company sells its dairy-free frozen dessert products, frozen entrees, and soy-cheese products in majorly markets in the United States, including Atlanta, Baltimore, Boston, Charlotte, Chicago, Cincinnati, and Cleveland. It distributes all of its products by common carrier or by allowing customers to pick up products from outside storage facilities.
Executives
Efraim Mintz director TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07106
Joseph N Himy director 13-01 POLLITT DRIVE, FAIR LAWN NJ 07410
Scott Korman director C/O NASHONE, INC., 175 ELM ROAD, ENGLEWOOD NJ 07361
Neal S Axelrod director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Steven Kass officer: Chief Financial Officer 50 JACKSON DRIVE, CRANFORD NJ 07016
Philip Gotthelf director C/O TOFUTTI BRANDS INC., 50 JACKSON DRIVE, CRANFORD NJ 07016
Aron Forem director C/O WUHL SHAFMAN LIEBERMAN CO., 52-62 CORNELIA STREET, NEWARK NJ 07105
Joseph K Fischer director 50 JACKSON DRIVE, CRANFORD NJ 7016
Franklyn H Snitow director 575 LEXINGTON AVE, NEW YORK NY 10017
Jeremy Wiesen director
Reuben Rapoport director, officer: Director-Product Development
David Mintz director, 10 percent owner, officer: President & Chairman 50 JACKSON DRIVE, CRANFORD NJ 07016

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