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GrumaB de CV (GrumaB de CV) Cyclically Adjusted PB Ratio : 4.03 (As of Jun. 10, 2024)


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What is GrumaB de CV Cyclically Adjusted PB Ratio?

As of today (2024-06-10), GrumaB de CV's current share price is $18.28. GrumaB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.54. GrumaB de CV's Cyclically Adjusted PB Ratio for today is 4.03.

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

GMKKY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2   Med: 4.61   Max: 9.22
Current: 4.31

During the past years, GrumaB de CV's highest Cyclically Adjusted PB Ratio was 9.22. The lowest was 2.00. And the median was 4.61.

GMKKY's Cyclically Adjusted PB Ratio is ranked worse than
84.69% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs GMKKY: 4.31

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.

GrumaB de CV's adjusted book value per share data for the three months ended in Mar. 2024 was $5.118. 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 $4.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


GrumaB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GrumaB de CV'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.

GrumaB de CV Cyclically Adjusted PB Ratio Chart

GrumaB de CV 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 4.19 4.45 4.26 3.80 4.11

GrumaB de CV 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 3.79 3.85 4.06 4.11 4.03

Competitive Comparison of GrumaB de CV's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, GrumaB de CV'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.


GrumaB de CV's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



GrumaB de CV 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.

GrumaB de CV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.28/4.54
=4.03

* 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.

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

For example, GrumaB de CV'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)
=5.118/152.9470*152.9470
=5.118

Current CPI (Mar. 2024) = 152.9470.

GrumaB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.613 96.609 4.137
201409 2.551 97.652 3.995
201412 2.598 99.469 3.995
201503 2.630 99.973 4.024
201506 2.684 99.382 4.131
201509 2.702 100.112 4.128
201512 2.279 101.588 3.431
201603 2.469 102.573 3.682
201606 2.491 101.905 3.739
201609 2.600 103.084 3.858
201612 2.663 105.002 3.879
201703 2.961 108.063 4.191
201706 2.931 108.339 4.138
201709 2.941 109.628 4.103
201712 3.073 112.114 4.192
201803 3.321 113.505 4.475
201806 3.011 113.373 4.062
201809 3.188 115.130 4.235
201812 3.138 117.530 4.084
201903 3.226 118.050 4.180
201906 3.144 117.848 4.080
201909 3.211 118.581 4.142
201912 3.386 120.854 4.285
202003 3.046 121.885 3.822
202006 3.007 121.777 3.777
202009 3.297 123.341 4.088
202012 3.595 124.661 4.411
202103 3.567 127.574 4.276
202106 3.603 128.936 4.274
202109 3.623 130.742 4.238
202112 3.772 133.830 4.311
202203 3.908 137.082 4.360
202206 3.607 139.233 3.962
202209 3.662 142.116 3.941
202212 3.872 144.291 4.104
202303 4.171 146.472 4.355
202306 4.215 146.272 4.407
202309 4.490 148.446 4.626
202312 4.986 151.017 5.050
202403 5.118 152.947 5.118

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.


GrumaB de CV  (GREY:GMKKY) 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.


GrumaB de CV Cyclically Adjusted PB Ratio Related Terms

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GrumaB de CV (GrumaB de CV) Business Description

Traded in Other Exchanges
Address
Calzada del Valle, 407 Ote., Colonia Del Valle, San Pedro Garza Garcia, NL, MEX, 66220
Gruma SAB de CV is an international food production company, originally from Mexico. The product portfolio is large: corn and flour tortillas, wheat flour, naan, pita bread, flatbreads, wraps, chapatti, and pizza bases, along with other food products, such as snacks, pasta, rice, condiments, and palm hearts. The company has operations in America, Europe, Asia, and Oceania, and is present in over 100 countries across the globe. Its well-known brands are Maseca, Robin Hood, Mission, Guerrero, Tortiricas and Tosty.