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Livestock Feed (XMAU:LFL.I0000) Cyclically Adjusted Book per Share : MUR23.80 (As of Mar. 2024)


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What is Livestock Feed 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.

Livestock Feed's adjusted book value per share for the three months ended in Mar. 2024 was MUR31.837. 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 MUR23.80 for the trailing ten years ended in Mar. 2024.

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 (2024-06-08), Livestock Feed's current stock price is MUR17.00. Livestock Feed's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MUR23.80. Livestock Feed's Cyclically Adjusted PB Ratio of today is 0.71.

During the past 12 years, the highest Cyclically Adjusted PB Ratio of Livestock Feed was 0.84. The lowest was 0.70. And the median was 0.76.


Livestock Feed Cyclically Adjusted Book per Share Historical Data

The historical data trend for Livestock Feed'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.

Livestock Feed Cyclically Adjusted Book per Share Chart

Livestock Feed Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
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Livestock Feed Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - 23.02 23.80

Competitive Comparison of Livestock Feed's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Livestock Feed'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.


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

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

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



Livestock Feed 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, Livestock Feed'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)
=31.837/131.7762*131.7762
=31.837

Current CPI (Mar. 2024) = 131.7762.

Livestock Feed Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 12.741 100.560 16.696
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 13.727 99.621 18.158
201506 13.814 100.684 18.080
201509 14.328 100.392 18.807
201512 14.760 99.792 19.491
201603 0.000 100.470 0.000
201606 14.949 101.688 19.372
201609 15.616 101.861 20.202
201612 15.856 101.863 20.512
201703 16.040 102.862 20.549
201706 15.432 103.349 19.677
201709 16.290 104.136 20.614
201712 16.735 104.011 21.202
201803 17.479 105.290 21.876
201806 17.866 106.317 22.144
201809 18.136 106.507 22.439
201812 18.561 105.998 23.075
201903 18.933 107.251 23.263
201906 19.136 108.070 23.334
201909 19.685 108.329 23.946
201912 20.428 108.420 24.829
202003 20.769 108.902 25.132
202006 20.093 108.767 24.344
202009 20.521 109.815 24.625
202012 0.000 109.897 0.000
202103 21.674 111.754 25.557
202106 23.328 114.631 26.817
202109 23.514 115.734 26.773
202112 24.527 117.630 27.477
202203 25.327 121.301 27.514
202206 26.362 125.017 27.787
202209 27.188 125.227 28.610
202212 27.618 125.222 29.064
202303 28.615 127.348 29.610
202306 28.885 128.729 29.569
202309 29.706 129.860 30.144
202403 31.837 131.776 31.837

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


Livestock Feed  (XMAU:LFL.I0000) 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.

Livestock Feed's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.00/23.8
=0.71

* 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 12 years, the highest Cyclically Adjusted PB Ratio of Livestock Feed was 0.84. The lowest was 0.70. And the median was 0.76.


Be Aware

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


Livestock Feed Cyclically Adjusted Book per Share Related Terms

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


Livestock Feed (XMAU:LFL.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Claude Delaitre Street, Les Guibies, Pailles, MUS
Livestock Feed Ltd is a manufacturer and processor of animal feeds in Mauritius. Its operating segment includes Mauritian operations and International operations. The company generates maximum revenue from the Mauritian operations segment. Its services include veterinary services, production guide, delivery services, and after-sales services. The company products portfolio includes broiler feed, layer feed, other poultry feeds, pig feed, ruminants feed, raw materials feed, horse feed, rabbit feed, fish feed, and dog feed.

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