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Industrias BachocoB de CV (Industrias BachocoB de CV) Cyclically Adjusted PB Ratio : 1.05 (As of Jun. 08, 2024)


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What is Industrias BachocoB de CV Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Industrias BachocoB de CV's current share price is $5.00. Industrias BachocoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $4.76. Industrias BachocoB de CV's Cyclically Adjusted PB Ratio for today is 1.05.

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

IDBHF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.93   Med: 1.58   Max: 2.7
Current: 1.09

During the past years, Industrias BachocoB de CV's highest Cyclically Adjusted PB Ratio was 2.70. The lowest was 0.93. And the median was 1.58.

IDBHF's Cyclically Adjusted PB Ratio is not ranked
in the Consumer Packaged Goods industry.
Industry Median: 1.36 vs IDBHF: 1.09

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.

Industrias BachocoB de CV's adjusted book value per share data for the three months ended in Sep. 2023 was $5.226. 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 $4.76 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Industrias BachocoB de CV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Industrias BachocoB 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.

Industrias BachocoB de CV Cyclically Adjusted PB Ratio Chart

Industrias BachocoB de CV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.37 1.62 1.32 1.13 1.15

Industrias BachocoB de CV Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.10 1.15 1.30 1.13 1.05

Competitive Comparison of Industrias BachocoB de CV's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Industrias BachocoB 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.


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

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

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



Industrias BachocoB 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.00/4.76
=1.05

* 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.

Industrias BachocoB de CV's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Industrias BachocoB de CV's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.226/148.4463*148.4463
=5.226

Current CPI (Sep. 2023) = 148.4463.

Industrias BachocoB de CV Quarterly Data

Book Value per Share CPI Adj_Book
201312 2.559 95.568 3.975
201403 2.639 96.932 4.041
201406 2.807 96.609 4.313
201409 2.860 97.652 4.348
201412 2.748 99.469 4.101
201503 2.807 99.973 4.168
201506 2.786 99.382 4.161
201509 2.694 100.112 3.995
201512 2.688 101.588 3.928
201603 2.744 102.573 3.971
201606 2.645 101.905 3.853
201609 2.621 103.084 3.774
201612 2.560 105.002 3.619
201703 2.822 108.063 3.877
201706 3.013 108.339 4.128
201709 3.101 109.628 4.199
201712 3.023 112.114 4.003
201803 3.349 113.505 4.380
201806 3.198 113.373 4.187
201809 3.311 115.130 4.269
201812 3.234 117.530 4.085
201903 3.294 118.050 4.142
201906 3.386 117.848 4.265
201909 3.399 118.581 4.255
201912 3.551 120.854 4.362
202003 3.093 121.885 3.767
202006 3.084 121.777 3.759
202009 3.269 123.341 3.934
202012 3.629 124.661 4.321
202103 3.726 127.574 4.336
202106 3.898 128.936 4.488
202109 3.821 130.742 4.338
202112 3.888 133.830 4.313
202203 4.168 137.082 4.514
202206 4.295 139.233 4.579
202209 4.375 142.116 4.570
202212 4.492 144.291 4.621
202303 4.869 146.472 4.935
202306 5.108 146.272 5.184
202309 5.226 148.446 5.226

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.


Industrias BachocoB de CV  (OTCPK:IDBHF) 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.


Industrias BachocoB de CV Cyclically Adjusted PB Ratio Related Terms

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


Industrias BachocoB de CV (Industrias BachocoB de CV) Business Description

Traded in Other Exchanges
Address
Avenida Tecnologico 401, Ciudad Industrial, Celaya, GTO, MEX, 38010
Industrias Bachoco SAB de CV produces, processes, markets, and sells poultry (chicken and eggs) in both Mexico and the United States. Additionally, it sells feed, swine, beef, turkey, and other products on a smaller scale. The company's poultry business begins with purchasing infant birds and raising the birds to maturity. Industrias Bachoco operates its own feed mills to produce balanced feed for internal use, and to sell to third parties. Several production facilities and distribution centers are located throughout Mexico and the United States to minimize transportation costs, and the company sells through wholesalers, supermarkets, retail, and other niche marketing channels. It generates the majority of its revenue from the Poultry segment.

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