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S&B Foods (TSE:2805) Cyclically Adjusted PB Ratio : 1.13 (As of Jun. 10, 2024)


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What is S&B Foods Cyclically Adjusted PB Ratio?

As of today (2024-06-10), S&B Foods's current share price is 円4425.00. S&B Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was 円3,907.03. S&B Foods's Cyclically Adjusted PB Ratio for today is 1.13.

The historical rank and industry rank for S&B Foods's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSE:2805' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.97   Med: 1.51   Max: 2.43
Current: 1.13

During the past years, S&B Foods's highest Cyclically Adjusted PB Ratio was 2.43. The lowest was 0.97. And the median was 1.51.

TSE:2805's Cyclically Adjusted PB Ratio is ranked better than
57.29% of 1365 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs TSE:2805: 1.13

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.

S&B Foods's adjusted book value per share data for the three months ended in Dec. 2023 was 円5,768.168. 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 円3,907.03 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


S&B Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for S&B Foods'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.

S&B Foods Cyclically Adjusted PB Ratio Chart

S&B Foods Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.51 1.67 1.15 0.98 -

S&B Foods 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 0.98 0.97 1.03 1.06 -

Competitive Comparison of S&B Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, S&B Foods'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.


S&B Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, S&B Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where S&B Foods's Cyclically Adjusted PB Ratio falls into.



S&B Foods 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.

S&B Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4425.00/3907.03
=1.13

* 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.

S&B Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, S&B Foods's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=5768.168/106.8000*106.8000
=5,768.168

Current CPI (Dec. 2023) = 106.8000.

S&B Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 2,267.032 95.700 2,529.979
201406 2,313.187 98.000 2,520.902
201409 2,363.013 98.500 2,562.130
201412 2,416.512 97.900 2,636.195
201503 2,476.636 97.900 2,701.785
201506 2,678.685 98.400 2,907.353
201509 2,680.865 98.500 2,906.765
201512 2,720.025 98.100 2,961.250
201603 2,637.291 97.900 2,877.045
201606 2,669.818 98.100 2,906.591
201609 2,730.085 98.000 2,975.235
201612 2,837.014 98.400 3,079.198
201703 2,886.665 98.100 3,142.669
201706 3,021.681 98.500 3,276.300
201709 3,091.827 98.800 3,342.177
201712 3,253.216 99.400 3,495.407
201803 3,170.396 99.200 3,413.289
201806 3,278.960 99.200 3,530.171
201809 3,393.743 99.900 3,628.146
201812 3,375.793 99.700 3,616.196
201903 3,434.400 99.700 3,678.976
201906 3,517.463 99.800 3,764.179
201909 3,695.084 100.100 3,942.407
201912 3,854.990 100.500 4,096.646
202003 3,753.897 100.300 3,997.170
202006 3,954.036 99.900 4,227.138
202009 4,133.783 99.900 4,419.300
202012 4,307.231 99.300 4,632.551
202103 4,341.349 99.900 4,641.202
202106 4,481.504 99.500 4,810.298
202109 4,616.148 100.100 4,925.121
202112 4,752.917 100.100 5,071.044
202203 4,843.146 101.100 5,116.202
202206 4,964.667 101.800 5,208.511
202209 5,024.741 103.100 5,205.066
202212 5,220.363 104.100 5,355.761
202303 5,206.782 104.400 5,326.478
202306 5,407.606 105.200 5,489.851
202309 5,564.851 106.200 5,596.291
202312 5,768.168 106.800 5,768.168

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.


S&B Foods  (TSE:2805) 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.


S&B Foods Cyclically Adjusted PB Ratio Related Terms

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


S&B Foods (TSE:2805) Business Description

Traded in Other Exchanges
N/A
Address
No. 6, No. 18, Chuo-ku, Kabuto-cho, Nihonbashi, Tokyo, JPN, 103-0026
S&B Foods Inc produces, processes, and sells various types of seasonings and instant foods. Its products include curry powder, spices, cooked rice, snacks, and instant sauce.

S&B Foods (TSE:2805) Headlines

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