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Limoneira Co (Limoneira Co) Cyclically Adjusted PB Ratio : 1.68 (As of May. 26, 2024)


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What is Limoneira Co Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Limoneira Co's current share price is $19.83. Limoneira Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $11.77. Limoneira Co's Cyclically Adjusted PB Ratio for today is 1.68.

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

LMNR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.64   Max: 3.37
Current: 1.68

During the past years, Limoneira Co's highest Cyclically Adjusted PB Ratio was 3.37. The lowest was 1.00. And the median was 1.64.

LMNR's Cyclically Adjusted PB Ratio is ranked worse than
58.63% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs LMNR: 1.68

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.

Limoneira Co's adjusted book value per share data for the three months ended in Jan. 2024 was $9.616. 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 $11.77 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Limoneira Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Limoneira Co'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.

Limoneira Co Cyclically Adjusted PB Ratio Chart

Limoneira Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 1.55 1.61 1.07 1.22

Limoneira Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 1.16 1.45 1.33 1.22 1.54

Competitive Comparison of Limoneira Co's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Limoneira Co'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.


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

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

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



Limoneira Co 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.

Limoneira Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=19.83/11.77
=1.68

* 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.

Limoneira Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Limoneira Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.616/130.1244*130.1244
=9.616

Current CPI (Jan. 2024) = 130.1244.

Limoneira Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 7.739 100.023 10.068
201407 8.452 100.520 10.941
201410 8.405 100.176 10.918
201501 8.058 98.604 10.634
201504 8.441 99.824 11.003
201507 8.871 100.691 11.464
201510 8.579 100.346 11.125
201601 8.248 99.957 10.737
201604 8.380 100.947 10.802
201607 9.111 101.524 11.678
201610 8.922 101.988 11.383
201701 8.674 102.456 11.016
201704 9.002 103.167 11.354
201707 9.620 103.278 12.121
201710 9.455 104.070 11.822
201801 10.142 104.578 12.620
201804 10.655 105.708 13.116
201807 12.790 106.324 15.653
201810 12.385 106.695 15.105
201901 12.034 106.200 14.745
201904 12.113 107.818 14.619
201907 11.960 108.250 14.377
201910 11.617 108.577 13.922
202001 11.080 108.841 13.247
202004 10.721 108.173 12.897
202007 10.873 109.318 12.943
202010 10.338 109.861 12.245
202101 10.046 110.364 11.845
202104 10.145 112.673 11.716
202107 10.246 115.183 11.575
202110 9.978 116.696 11.126
202201 9.532 118.619 10.457
202204 9.485 121.978 10.118
202207 9.812 125.002 10.214
202210 9.582 125.734 9.917
202301 10.579 126.223 10.906
202304 10.369 127.992 10.542
202307 10.238 128.974 10.329
202310 9.948 129.810 9.972
202401 9.616 130.124 9.616

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.


Limoneira Co  (NAS:LMNR) 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.


Limoneira Co Cyclically Adjusted PB Ratio Related Terms

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


Limoneira Co (Limoneira Co) Business Description

Traded in Other Exchanges
Address
1141 Cummings Road, Santa Paula, CA, USA, 93060
Limoneira Co is an agribusiness company. The company's operating segments include Fresh Lemons; Lemon Packing; Avocados and Other Agribusiness. It generates maximum revenue from the Fresh Lemons segment.
Executives
Harold S Edwards director, officer: President and CEO SIXTY ONE WILTON ROAD, SECOND FLOOR, WESTPORT CT 06880
Mark Palamountain officer: CFO, Treasurer & Secretary C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Scott S Slater director 550 SOUTH HOPE STREET, SUITE 2850, LOS ANGELES CA 90071
Barbara Carbone director 120 BROADWAY, SUITE 200, SANTA MONICA CA 90401
Loza Jose De Jesus director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Alex M Teague officer: Senior Vice President 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Donald R Rudkin director C/O VIRCO MFG. CORPORATION, 2027 HARPERS WAY, TORRANCE CA 90501
Elizabeth Mora director C/O MKS INSTRUMENTS, INC., 2 TECH DRIVE, SUITE 201, ANDOVER MA 01810
Merriman John W.h. director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Elizabeth Blanchard Chess director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Robert M Sawyer director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Amy Fukutomi director, officer: See Remarks C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Edgar A. Terry director C/O LIMONEIRA COMPANY, 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Gordon E Kimball director, officer: Chairman 1141 CUMMINGS ROAD, SANTA PAULA CA 93060
Ronald L Michaelis director 1141 CUMMINGS ROAD, SANTA PAULA CA 93060

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