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Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Mead Johnson Nutrition Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Mead Johnson Nutrition Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Mead Johnson Nutrition 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.

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Mead Johnson Nutrition Co Cyclically Adjusted PB Ratio Chart

Mead Johnson Nutrition Co Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Mead Johnson Nutrition Co Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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Competitive Comparison of Mead Johnson Nutrition Co's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Mead Johnson Nutrition 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.


Mead Johnson Nutrition Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Mead Johnson Nutrition 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.

Mead Johnson Nutrition Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2017 is calculated as:

For example, Mead Johnson Nutrition Co's adjusted Book Value per Share data for the three months ended in Mar. 2017 was:

Adj_Book=Book Value per Share/CPI of Mar. 2017 (Change)*Current CPI (Mar. 2017)
=-2.286/102.8622*102.8622
=-2.286

Current CPI (Mar. 2017) = 102.8622.

Mead Johnson Nutrition Co Quarterly Data

Book Value per Share CPI Adj_Book
200612 0.000 85.142 0.000
200709 0.000 87.964 0.000
200712 3.711 88.616 4.308
200803 0.000 90.090 0.000
200806 3.914 92.320 4.361
200809 -6.610 92.307 -7.366
200812 -6.850 88.697 -7.944
200903 -4.425 89.744 -5.072
200906 -4.009 91.003 -4.531
200909 -3.468 91.120 -3.915
200912 -3.300 91.111 -3.726
201003 -2.916 91.821 -3.267
201006 -2.555 91.962 -2.858
201009 -2.072 92.162 -2.313
201012 -1.794 92.474 -1.996
201103 -1.284 94.283 -1.401
201106 -0.960 95.235 -1.037
201109 -0.748 95.727 -0.804
201112 -0.879 95.213 -0.950
201203 -0.370 96.783 -0.393
201206 -0.085 96.819 -0.090
201209 0.130 97.633 0.137
201212 0.092 96.871 0.098
201303 0.370 98.209 0.388
201306 0.725 98.518 0.757
201309 1.041 98.790 1.084
201312 1.445 98.326 1.512
201403 1.712 99.695 1.766
201406 2.147 100.560 2.196
201409 2.520 100.428 2.581
201412 2.839 99.070 2.948
201503 3.295 99.621 3.402
201506 3.733 100.684 3.814
201509 1.738 100.392 1.781
201512 -3.390 99.792 -3.494
201603 -3.403 100.470 -3.484
201606 -3.043 101.688 -3.078
201609 -2.589 101.861 -2.614
201612 -2.796 101.863 -2.823
201703 -2.286 102.862 -2.286

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.


Mead Johnson Nutrition Co  (NYSE:MJN) 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.


Mead Johnson Nutrition Co Cyclically Adjusted PB Ratio Related Terms

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


Mead Johnson Nutrition Co (Mead Johnson Nutrition Co) Business Description

Traded in Other Exchanges
N/A
Address
Mead Johnson Nutrition makes, distributes, and markets pediatric nutrition products worldwide under a variety of brands, including Enfamil, its largest label, along with Sustagen, Enfagrow, and Nutramigen. Infant formula represented 59% of 2015 sales and children's nutrition 39%, with expectant and nursing mother nutrition and pediatric vitamins comprising the remainder. The company sells its products globally; 73% of sales were generated outside the United States in 2015. At about 30% of revenue, China is the company's largest market.
Executives
Kimberly A Casiano director C/O FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
James E. Shiah officer: SVP and Controller 2 PARK AVENUE, NEW YORK NY 10016
Howard B Bernick director 1100 N WOOD DALE RD, WOOD DALE IL 60191
Michael A. Sherman director 3000 KENT AVE STE A1-100, WEST LAFAYETTE IN 47906
Robert S Singer director 6301 FITCH PATH, NEW ALBANY OH 43054
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Peter Gervis Ratcliffe director
Steven Altschuler director MEAD JOHNSON NUTRITION COMPANY, 2701 PATRIOT BLVD, GLENVIEW IL 60026
Patrick M Sheller officer: SVP, Gen. Counsel & Secretary 343 STATE STREET, ROCHESTER NY 14650
Elliot Sigal director
James M Cornelius director
Michael Grobstein director C/O GUIDANT CORP, 111 MONUMENT CIRCLE #2900, INDIANAPOLIS IN 46204-5129
Anna C Catalano director 1313 NORTH MARKET STREET, WILMINGTON DE 19894
Peter G Leemputte officer: EVP and CFO CHICAGO TITLE CORP, 171 N CLARK ST, CHICAGO IL 80601
Lynn H Clark officer: Sr. VP, Human Resources 2400 WEST LLOYD EXPRESSWAY, EVANSVILLE IL 47721

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