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Lassonde Industries (Lassonde Industries) Cyclically Adjusted PB Ratio : 1.23 (As of Jun. 08, 2024)


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What is Lassonde Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Lassonde Industries's current share price is $103.36. Lassonde Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $83.78. Lassonde Industries's Cyclically Adjusted PB Ratio for today is 1.23.

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

LSDAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.98   Med: 3.35   Max: 5.61
Current: 1.26

During the past years, Lassonde Industries's highest Cyclically Adjusted PB Ratio was 5.61. The lowest was 0.98. And the median was 3.35.

LSDAF's Cyclically Adjusted PB Ratio is ranked better than
70.73% of 82 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.36 vs LSDAF: 1.26

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.

Lassonde Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $103.730. 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 $83.78 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lassonde Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lassonde Industries'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.

Lassonde Industries Cyclically Adjusted PB Ratio Chart

Lassonde Industries 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 2.41 2.40 1.90 1.16 1.32

Lassonde Industries 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 1.05 1.03 1.20 1.32 1.36

Competitive Comparison of Lassonde Industries's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, Lassonde Industries'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.


Lassonde Industries's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, Lassonde Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Lassonde Industries 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.

Lassonde Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=103.36/83.78
=1.23

* 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.

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

For example, Lassonde Industries'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)
=103.73/126.2576*126.2576
=103.730

Current CPI (Mar. 2024) = 126.2576.

Lassonde Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 46.154 99.473 58.581
201409 48.313 99.394 61.371
201412 49.474 98.367 63.502
201503 48.781 99.789 61.720
201506 49.643 100.500 62.366
201509 50.593 100.421 63.609
201512 52.286 99.947 66.050
201603 51.813 101.054 64.736
201606 53.871 102.002 66.682
201609 55.421 101.765 68.760
201612 58.122 101.449 72.336
201703 58.406 102.634 71.850
201706 58.661 103.029 71.887
201709 63.522 103.345 77.606
201712 64.955 103.345 79.356
201803 66.799 105.004 80.320
201806 68.679 105.557 82.148
201809 69.835 105.636 83.468
201812 71.321 105.399 85.436
201903 70.194 106.979 82.843
201906 69.888 107.690 81.938
201909 72.419 107.611 84.967
201912 74.557 107.769 87.348
202003 76.698 107.927 89.724
202006 78.808 108.401 91.789
202009 81.588 108.164 95.236
202012 83.282 108.559 96.859
202103 86.875 110.298 99.446
202106 90.140 111.720 101.870
202109 90.225 112.905 100.895
202112 91.097 113.774 101.092
202203 92.887 117.646 99.687
202206 94.901 120.806 99.184
202209 96.605 120.648 101.097
202212 94.653 120.964 98.795
202303 94.910 122.702 97.660
202306 98.477 124.203 100.106
202309 100.611 125.230 101.436
202312 100.807 125.072 101.762
202403 103.730 126.258 103.730

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.


Lassonde Industries  (OTCPK:LSDAF) 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.


Lassonde Industries Cyclically Adjusted PB Ratio Related Terms

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


Lassonde Industries (Lassonde Industries) Business Description

Traded in Other Exchanges
Address
755 Principale Street, Rougemont, QC, CAN, J0L 1M0
Lassonde Industries Inc is engaged in the development, manufacturing, and marketing of ready-to-drink fruit and vegetable juices and drinks. It also acts as a producer of store-brand shelf-stable fruit juices and drinks in the United States and a producer of cranberry sauces. The company operates through a single segment the development, manufacturing, and marketing of a wide range of ready-to-drink juices and drinks; frozen juice concentrates; and specialty food products; and the importation, packaging, and marketing of selected wines from several countries of origin. Lassonde has a presence in Canada and the United States. It earns the majority of the revenue in the United States.

Lassonde Industries (Lassonde Industries) Headlines

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