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Adecoagro (BUE:ADGO) Cyclically Adjusted PB Ratio : 1.30 (As of Jun. 09, 2024)


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What is Adecoagro Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Adecoagro's current share price is ARS12219.00. Adecoagro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS9,401.78. Adecoagro's Cyclically Adjusted PB Ratio for today is 1.30.

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

BUE:ADGO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.48   Med: 1.05   Max: 1.66
Current: 1.03

During the past years, Adecoagro's highest Cyclically Adjusted PB Ratio was 1.66. The lowest was 0.48. And the median was 1.05.

BUE:ADGO's Cyclically Adjusted PB Ratio is ranked better than
60.31% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs BUE:ADGO: 1.03

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.

Adecoagro's adjusted book value per share data for the three months ended in Mar. 2024 was ARS11,155.247. 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 ARS9,401.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adecoagro Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adecoagro'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.

Adecoagro Cyclically Adjusted PB Ratio Chart

Adecoagro 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 1.12 0.90 1.01 1.03 1.30

Adecoagro Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.99 1.13 1.38 1.30 1.26

Competitive Comparison of Adecoagro's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Adecoagro'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.


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

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

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



Adecoagro 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.

Adecoagro's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12219.00/9401.78
=1.30

* 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.

Adecoagro's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Adecoagro'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)
=11155.247/122.5900*122.5900
=11,155.247

Current CPI (Mar. 2024) = 122.5900.

Adecoagro Quarterly Data

Book Value per Share CPI Adj_Book
201406 60.225 99.960 73.859
201409 56.373 99.900 69.177
201412 54.399 98.830 67.477
201503 48.124 99.980 59.007
201506 51.189 100.640 62.354
201509 41.441 100.380 50.610
201512 55.590 99.910 68.209
201603 68.070 100.030 83.422
201606 71.721 100.660 87.346
201609 78.564 100.750 95.595
201612 91.643 101.040 111.189
201703 88.553 101.780 106.659
201706 91.147 102.170 109.364
201709 100.878 102.520 120.627
201712 109.291 102.410 130.827
201803 107.225 102.900 127.743
201806 108.913 103.650 128.815
201809 321.597 104.580 376.980
201812 344.078 104.320 404.338
201903 352.370 105.140 410.853
201906 422.029 105.550 490.161
201909 454.572 105.900 526.213
201912 504.521 106.080 583.043
202003 451.870 106.040 522.395
202006 478.352 106.340 551.450
202009 532.152 106.620 611.860
202012 641.788 106.670 737.572
202103 712.943 108.140 808.209
202106 774.576 108.680 873.714
202109 833.406 109.470 933.290
202112 919.678 111.090 1,014.883
202203 1,096.803 114.780 1,171.433
202206 1,195.670 116.750 1,255.479
202209 1,430.061 117.000 1,498.386
202212 1,744.962 117.060 1,827.395
202303 2,140.624 118.910 2,206.872
202306 2,705.578 120.460 2,753.419
202309 4,139.257 121.740 4,168.158
202312 4,185.756 121.170 4,234.809
202403 11,155.247 122.590 11,155.247

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.


Adecoagro  (BUE:ADGO) 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.


Adecoagro Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Adecoagro's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Adecoagro (BUE:ADGO) Business Description

Traded in Other Exchanges
Address
6, Rue Eugene Ruppert, Vertigo Naos Building, Luxembourg, LUX, L-2453
Adecoagro SA is a Luxembourg-based agricultural company. It is involved in a wide range of businesses, including farming crops and other agricultural products, dairy operations, sugar, ethanol, energy production, and land transformation. The company operates through three segments namely Farming, Sugar, Ethanol and Energy, and Land Transformation. The Farming segment consists of planting, harvesting, and sale of grains, oilseeds and fibers, rice, and production and sale of dairy products; the Sugar, Ethanol, and Energy segment consists of cultivating sugar cane which is processed in owned sugar mills, transformed into ethanol; and the Land Transformation segment comprises identification and acquisition of underdeveloped and undermanaged farmland.

Adecoagro (BUE:ADGO) Headlines