GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bunge Global SA (BUE:BNGD) » Definitions » Cyclically Adjusted PB Ratio

Bunge Global (BUE:BNGD) Cyclically Adjusted PB Ratio : 2.07 (As of Jun. 06, 2024)


View and export this data going back to 2011. Start your Free Trial

What is Bunge Global Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Bunge Global's current share price is ARS25666.50. Bunge Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS12,403.50. Bunge Global's Cyclically Adjusted PB Ratio for today is 2.07.

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

BUE:BNGD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.26   Max: 2.18
Current: 1.81

During the past years, Bunge Global's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.52. And the median was 1.26.

BUE:BNGD's Cyclically Adjusted PB Ratio is ranked worse than
61.52% of 1341 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs BUE:BNGD: 1.81

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.

Bunge Global's adjusted book value per share data for the three months ended in Mar. 2024 was ARS313,923.601. 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 ARS12,403.50 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bunge Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bunge Global'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.

Bunge Global Cyclically Adjusted PB Ratio Chart

Bunge Global 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 0.95 1.14 1.66 1.77 1.79

Bunge Global 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 1.69 1.66 1.90 1.79 1.79

Competitive Comparison of Bunge Global's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Bunge Global'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.


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

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

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



Bunge Global 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.

Bunge Global's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25666.50/12403.5
=2.07

* 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.

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

For example, Bunge Global'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)
=313923.601/131.7762*131.7762
=313,923.601

Current CPI (Mar. 2024) = 131.7762.

Bunge Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 2,639.526 100.560 3,458.914
201409 2,504.164 100.428 3,285.835
201412 2,275.916 99.070 3,027.278
201503 1,997.624 99.621 2,642.405
201506 2,120.588 100.684 2,775.449
201509 1,899.548 100.392 2,493.391
201512 2,612.064 99.792 3,449.239
201603 3,178.919 100.470 4,169.446
201606 3,226.338 101.688 4,180.967
201609 3,419.173 101.861 4,423.338
201612 3,667.072 101.863 4,743.962
201703 3,699.895 102.862 4,739.915
201706 3,833.164 103.349 4,887.510
201709 4,272.185 104.136 5,406.146
201712 4,383.865 104.011 5,554.110
201803 4,558.063 105.290 5,704.693
201806 4,857.447 106.317 6,020.647
201809 7,290.314 106.507 9,019.995
201812 7,325.316 105.998 9,106.806
201903 7,474.319 107.251 9,183.522
201906 8,903.696 108.070 10,856.858
201909 7,446.003 108.329 9,057.615
201912 11,007.366 108.420 13,378.597
202003 9,108.670 108.902 11,021.941
202006 10,793.089 108.767 13,076.285
202009 12,325.885 109.815 14,790.873
202012 15,657.164 109.897 18,774.355
202103 18,961.627 111.754 22,358.772
202106 21,704.712 114.631 24,950.969
202109 23,689.832 115.734 26,973.473
202112 24,983.046 117.630 27,987.630
202203 30,377.230 121.301 33,000.519
202206 34,589.265 125.017 36,459.435
202209 40,373.296 125.227 42,484.934
202212 51,578.420 125.222 54,278.154
202303 65,298.794 127.348 67,569.498
202306 84,246.165 128.729 86,240.593
202309 122,544.726 129.860 124,353.461
202312 130,641.794 129.419 133,020.854
202403 313,923.601 131.776 313,923.601

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.


Bunge Global  (BUE:BNGD) 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.


Bunge Global Cyclically Adjusted PB Ratio Related Terms

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


Bunge Global (BUE:BNGD) Business Description

Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.

Bunge Global (BUE:BNGD) Headlines

No Headlines