GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Kerry Group PLC (DUB:KRZ) » Definitions » Cyclically Adjusted PB Ratio

Kerry Group (DUB:KRZ) Cyclically Adjusted PB Ratio : 2.81 (As of May. 24, 2024)


View and export this data going back to 1986. Start your Free Trial

What is Kerry Group Cyclically Adjusted PB Ratio?

As of today (2024-05-24), Kerry Group's current share price is €78.60. Kerry Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was €27.96. Kerry Group's Cyclically Adjusted PB Ratio for today is 2.81.

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

DUB:KRZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.7   Med: 6.69   Max: 8.52
Current: 2.84

During the past 13 years, Kerry Group's highest Cyclically Adjusted PB Ratio was 8.52. The lowest was 2.70. And the median was 6.69.

DUB:KRZ's Cyclically Adjusted PB Ratio is ranked worse than
74.96% of 1266 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs DUB:KRZ: 2.84

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.

Kerry Group's adjusted book value per share data of for the fiscal year that ended in Dec23 was €37.096. 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 €27.96 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kerry Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kerry Group'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.

Kerry Group Cyclically Adjusted PB Ratio Chart

Kerry Group 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 6.90 6.74 5.50 3.44 2.81

Kerry Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 5.50 - 3.44 - 2.81

Competitive Comparison of Kerry Group's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Kerry Group'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.


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

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

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



Kerry Group 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.

Kerry Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=78.60/27.96
=2.81

* 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.

Kerry Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Kerry Group's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=37.096/120.7486*120.7486
=37.096

Current CPI (Dec23) = 120.7486.

Kerry Group Annual Data

Book Value per Share CPI Adj_Book
201412 12.716 99.576 15.420
201512 15.863 99.676 19.217
201612 17.578 99.676 21.294
201712 20.281 100.075 24.471
201812 22.884 100.773 27.420
201912 25.846 102.068 30.576
202012 26.347 101.072 31.476
202112 31.672 106.653 35.858
202212 35.155 115.436 36.773
202312 37.096 120.749 37.096

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.


Kerry Group  (DUB:KRZ) 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.


Kerry Group Cyclically Adjusted PB Ratio Related Terms

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


Kerry Group (DUB:KRZ) Business Description

Traded in Other Exchanges
Address
Prince's Street, Tralee, Kerry, IRL, V92 EH11
Kerry Group is a global leader in taste and ingredient technology servicing the food, beverage, and pharmaceutical sectors. The company has more than 200 locations that supply clients in more than 50 countries. It gets around 80% of its revenue from developed countries and 20% from the developing world, servicing a wide range of end-use sectors, such as meat, meals, snacks, dairy, drinks, and pharmaceuticals. Kerry has expanded through a combination of organic development and multiple tuck-in acquisitions.

Kerry Group (DUB:KRZ) Headlines

No Headlines