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GraceKennedy (XJAM:GK) Cyclically Adjusted Book per Share : JMD63.27 (As of Mar. 2024)


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What is GraceKennedy 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.

GraceKennedy's adjusted book value per share for the three months ended in Mar. 2024 was JMD81.942. 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 JMD63.27 for the trailing ten years ended in Mar. 2024.

During the past 12 months, GraceKennedy's average Cyclically Adjusted Book Growth Rate was 7.50% 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.

As of today (2024-06-10), GraceKennedy's current stock price is JMD74.96. GraceKennedy's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was JMD63.27. GraceKennedy's Cyclically Adjusted PB Ratio of today is 1.18.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of GraceKennedy was 1.87. The lowest was 1.16. And the median was 1.32.


GraceKennedy Cyclically Adjusted Book per Share Historical Data

The historical data trend for GraceKennedy'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.

GraceKennedy Cyclically Adjusted Book per Share Chart

GraceKennedy 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 - - - 56.93 61.67

GraceKennedy 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 58.85 59.95 60.93 61.67 63.27

Competitive Comparison of GraceKennedy's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, GraceKennedy'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.


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

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

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



GraceKennedy 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, GraceKennedy'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)
=81.942/131.7762*131.7762
=81.942

Current CPI (Mar. 2024) = 131.7762.

GraceKennedy Quarterly Data

Book Value per Share CPI Adj_Book
201406 34.675 100.560 45.439
201409 35.331 100.428 46.360
201412 36.794 99.070 48.941
201503 36.721 99.621 48.574
201506 37.652 100.684 49.279
201509 37.489 100.392 49.209
201512 38.357 99.792 50.651
201603 39.453 100.470 51.746
201606 41.165 101.688 53.345
201609 42.350 101.861 54.788
201612 42.387 101.863 54.835
201703 44.182 102.862 56.601
201706 44.525 103.349 56.772
201709 44.788 104.136 56.676
201712 45.455 104.011 57.589
201803 45.726 105.290 57.229
201806 46.695 106.317 57.877
201809 48.768 106.507 60.339
201812 44.980 105.998 55.919
201903 46.063 107.251 56.597
201906 51.133 108.070 62.350
201909 52.650 108.329 64.046
201912 52.743 108.420 64.105
202003 52.948 108.902 64.070
202006 55.405 108.767 67.126
202009 57.053 109.815 68.463
202012 60.536 109.897 72.588
202103 63.153 111.754 74.467
202106 64.108 114.631 73.696
202109 65.693 115.734 74.799
202112 68.910 117.630 77.197
202203 69.114 121.301 75.082
202206 69.889 125.017 73.668
202209 69.796 125.227 73.447
202212 73.307 125.222 77.144
202303 75.276 127.348 77.894
202306 77.023 128.729 78.846
202309 78.494 129.860 79.653
202312 79.943 129.419 81.399
202403 81.942 131.776 81.942

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


GraceKennedy  (XJAM:GK) 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.

GraceKennedy's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=74.96/63.27
=1.18

* 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 GraceKennedy was 1.87. The lowest was 1.16. And the median was 1.32.


Be Aware

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


GraceKennedy Cyclically Adjusted Book per Share Related Terms

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


GraceKennedy (XJAM:GK) Business Description

Traded in Other Exchanges
Address
42-56 Harbour Street, Kingston, JAM
GraceKennedy Ltd engages in the food and financial services business. The company has four reportable segments namely Food Trading, Banking and Investments, Insurance and Money Services. The food Trading segment includes the processing and distribution of food products. It generates maximum revenue from the Food Trading segment. Geographically, it derives the majority revenue from Jamaica and also has a presence in the United Kingdom, the United States of America, Canada, Other Caribbean countries, Other European countries, Africa and Other Countries.

GraceKennedy (XJAM:GK) Headlines

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