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International Meal Co Alimentacao (BSP:MEAL3) Cyclically Adjusted PB Ratio : 0.16 (As of May. 24, 2024)


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What is International Meal Co Alimentacao Cyclically Adjusted PB Ratio?

As of today (2024-05-24), International Meal Co Alimentacao's current share price is R$1.41. International Meal Co Alimentacao's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$8.73. International Meal Co Alimentacao's Cyclically Adjusted PB Ratio for today is 0.16.

The historical rank and industry rank for International Meal Co Alimentacao's Cyclically Adjusted PB Ratio or its related term are showing as below:

BSP:MEAL3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.25   Max: 0.78
Current: 0.16

During the past years, International Meal Co Alimentacao's highest Cyclically Adjusted PB Ratio was 0.78. The lowest was 0.15. And the median was 0.25.

BSP:MEAL3's Cyclically Adjusted PB Ratio is ranked better than
95.65% of 230 companies
in the Restaurants industry
Industry Median: 2.055 vs BSP:MEAL3: 0.16

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.

International Meal Co Alimentacao's adjusted book value per share data for the three months ended in Dec. 2023 was R$3.583. 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 R$8.73 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


International Meal Co Alimentacao Cyclically Adjusted PB Ratio Historical Data

The historical data trend for International Meal Co Alimentacao's Cyclically Adjusted PB Ratio 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.

International Meal Co Alimentacao Cyclically Adjusted PB Ratio Chart

International Meal Co Alimentacao Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.38 0.23 0.28 0.23

International Meal Co Alimentacao Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 0.28 0.20 0.28 0.21 0.23

Competitive Comparison of International Meal Co Alimentacao's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, International Meal Co Alimentacao'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.


International Meal Co Alimentacao's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, International Meal Co Alimentacao's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where International Meal Co Alimentacao's Cyclically Adjusted PB Ratio falls into.



International Meal Co Alimentacao Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

International Meal Co Alimentacao's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.41/8.73
=0.16

* 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.

International Meal Co Alimentacao's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, International Meal Co Alimentacao's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=3.583/157.1481*157.1481
=3.583

Current CPI (Dec. 2023) = 157.1481.

International Meal Co Alimentacao Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.722 90.447 18.629
201406 10.654 91.838 18.231
201409 10.937 92.602 18.560
201412 10.827 94.194 18.063
201503 11.434 97.799 18.373
201506 11.036 100.006 17.342
201509 11.781 101.392 18.259
201512 7.711 104.247 11.624
201603 6.795 106.979 9.982
201606 6.663 108.851 9.619
201609 6.757 109.986 9.654
201612 6.361 110.802 9.022
201703 6.221 111.869 8.739
201706 6.384 112.115 8.948
201709 6.152 112.777 8.572
201712 6.128 114.068 8.442
201803 6.133 114.868 8.390
201806 6.353 117.038 8.530
201809 6.535 117.881 8.712
201812 6.427 118.340 8.535
201903 5.754 120.124 7.527
201906 5.723 120.977 7.434
201909 5.097 121.292 6.604
201912 6.055 123.436 7.709
202003 6.309 124.092 7.990
202006 4.496 123.557 5.718
202009 4.394 125.095 5.520
202012 4.139 129.012 5.042
202103 4.066 131.660 4.853
202106 4.073 133.871 4.781
202109 4.057 137.913 4.623
202112 3.947 141.992 4.368
202203 3.579 146.537 3.838
202206 3.709 149.784 3.891
202209 3.713 147.800 3.948
202212 3.962 150.207 4.145
202303 3.720 153.352 3.812
202306 3.776 154.519 3.840
202309 3.897 155.464 3.939
202312 3.583 157.148 3.583

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


International Meal Co Alimentacao  (BSP:MEAL3) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


International Meal Co Alimentacao Cyclically Adjusted PB Ratio Related Terms

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International Meal Co Alimentacao (BSP:MEAL3) Business Description

Traded in Other Exchanges
N/A
Address
Avenida das Nacoes Unidas, 4.777, 12th Floor, Jardim Universidade Pinheiros, Sao Paulo, SP, BRA, 5477902
International Meal Co Alimentacao SA is a Brazil-based company principally engaged in the sale of food and beverages to restaurants, snack bars, coffee shops, cafes on motorways, airports, shopping malls, and airline catering services. It also subleases stores and spaces for promotional and commercial purposes in its store chain, upon the sale of fuel, and provides general services related to these segments. The company operates in five segments: Shopping malls, Airports, Highways, the United States of America (USA), and Others. Some of its brands are Viena, Olive Garden, Margaritaville, KFC Brazil, and Pizza Hut Brazil. Its geographical segments are Brazil, The Caribbean, and the USA.

International Meal Co Alimentacao (BSP:MEAL3) Headlines

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