GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Omega Protein Corp (NYSE:OME) » Definitions » Cyclically Adjusted PB Ratio

Omega Protein (Omega Protein) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


View and export this data going back to 1998. Start your Free Trial

What is Omega Protein Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Omega Protein Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Omega Protein'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.

Omega Protein Cyclically Adjusted PB Ratio Chart

Omega Protein Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Omega Protein Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 - - - - -

Competitive Comparison of Omega Protein's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Omega Protein'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.


Omega Protein's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Omega Protein 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.

Omega Protein's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2017 is calculated as:

For example, Omega Protein's adjusted Book Value per Share data for the three months ended in Sep. 2017 was:

Adj_Book=Book Value per Share/CPI of Sep. 2017 (Change)*Current CPI (Sep. 2017)
=15.618/104.1356*104.1356
=15.618

Current CPI (Sep. 2017) = 104.1356.

Omega Protein Quarterly Data

Book Value per Share CPI Adj_Book
200712 6.787 88.616 7.976
200803 6.934 90.090 8.015
200806 7.461 92.320 8.416
200809 7.655 92.307 8.636
200812 7.459 88.697 8.757
200903 7.581 89.744 8.797
200906 7.478 91.003 8.557
200909 7.390 91.120 8.446
200912 7.317 91.111 8.363
201003 7.365 91.821 8.353
201006 7.484 91.962 8.475
201009 7.896 92.162 8.922
201012 8.367 92.474 9.422
201103 8.840 94.283 9.764
201106 10.014 95.235 10.950
201109 10.225 95.727 11.123
201112 10.045 95.213 10.986
201203 10.222 96.783 10.999
201206 10.334 96.819 11.115
201209 10.459 97.633 11.156
201212 10.340 96.871 11.115
201303 10.518 98.209 11.153
201306 10.581 98.518 11.184
201309 11.285 98.790 11.896
201312 11.884 98.326 12.586
201403 12.233 99.695 12.778
201406 12.523 100.560 12.968
201409 12.359 100.428 12.815
201412 12.351 99.070 12.983
201503 12.313 99.621 12.871
201506 12.798 100.684 13.237
201509 13.224 100.392 13.717
201512 13.283 99.792 13.861
201603 13.703 100.470 14.203
201606 14.068 101.688 14.407
201609 14.768 101.861 15.098
201612 15.023 101.863 15.358
201703 15.206 102.862 15.394
201706 15.524 103.349 15.642
201709 15.618 104.136 15.618

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.


Omega Protein  (NYSE:OME) 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.


Omega Protein Cyclically Adjusted PB Ratio Related Terms

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


Omega Protein (Omega Protein) Business Description

Traded in Other Exchanges
N/A
Address
Omega Protein Corp is a nutritional ingredient company. It develops, produces and delivers healthy products throughout the world to improve nutritional integrity of foods, dietary supplements and animal feeds.
Executives
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
David H Clarke director 777 SOUTH FLAGLER DRIVE SUITE 1108, WEST PALM BEACH FL 33401
Michael Christodolou director 2707 N 108TH STREET 102, C/O LINDSAY INTERNATIONAL, OMAHA NE 68164
Mark A Livingston officer: VP & Chief Accounting Officer 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Andrew Johannesen officer: Executive VP and CFO 2105 CITY WEST BLVD., SUITE 500, HOUSTON TX 77042
Nicodemus Harry O Iv director 5051 WESTHEIMER, SUITE 725, HOUSTON TX 77056
Marxe Austin W & Greenhouse David M 10 percent owner C/O SPECIAL SITUATIONS FUNDS, 527 MADISON AVENUE, SUITE 2600, NEW YORK NY 10022
Harbinger Group Inc. 10 percent owner 3001 DEMING WAY, MIDDLETON WI 53562
Leonard Disalvo director 100 MERIDIAN CENTRE, SUITE 350, ROCHESTER NY 14614

Omega Protein (Omega Protein) Headlines

From GuruFocus

Omega Protein Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 05-06-2010

Omega Protein: Can You Swallow the Volatility?

By Robert Abbott Robert Abbott 06-04-2014