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Becker Milk Co (TSX:BEK.B) Cyclically Adjusted PB Ratio : 0.61 (As of May. 23, 2024)


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What is Becker Milk Co Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Becker Milk Co's current share price is C$12.60. Becker Milk Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$20.81. Becker Milk Co's Cyclically Adjusted PB Ratio for today is 0.61.

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

TSX:BEK.B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.84   Max: 1.57
Current: 0.61

During the past years, Becker Milk Co's highest Cyclically Adjusted PB Ratio was 1.57. The lowest was 0.58. And the median was 0.84.

TSX:BEK.B's Cyclically Adjusted PB Ratio is ranked better than
54.76% of 1333 companies
in the Real Estate industry
Industry Median: 0.71 vs TSX:BEK.B: 0.61

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.

Becker Milk Co's adjusted book value per share data for the three months ended in Jan. 2024 was C$17.930. 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 C$20.81 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Becker Milk Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Becker Milk 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.

Becker Milk Co Cyclically Adjusted PB Ratio Chart

Becker Milk Co Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.81 0.63 0.70 0.70 0.62

Becker Milk 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 0.64 0.62 0.61 0.60 0.60

Competitive Comparison of Becker Milk Co's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Becker Milk 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.


Becker Milk Co's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Becker Milk Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Becker Milk 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.60/20.81
=0.61

* 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.

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

For example, Becker Milk 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)
=17.93/125.0724*125.0724
=17.930

Current CPI (Jan. 2024) = 125.0724.

Becker Milk Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 16.575 98.920 20.957
201407 16.667 99.315 20.990
201410 16.539 99.473 20.795
201501 16.977 98.209 21.621
201504 16.950 99.710 21.261
201507 17.233 100.579 21.430
201510 16.957 100.500 21.103
201601 17.214 100.184 21.490
201604 17.733 101.370 21.879
201607 17.864 101.844 21.938
201610 17.683 102.002 21.683
201701 17.572 102.318 21.480
201704 18.261 103.029 22.168
201707 18.491 103.029 22.447
201710 18.265 103.424 22.088
201801 18.487 104.056 22.221
201804 18.738 105.320 22.252
201807 18.856 106.110 22.226
201810 18.640 105.952 22.004
201901 18.893 105.557 22.386
201904 18.907 107.453 22.007
201907 19.056 108.243 22.019
201910 18.755 107.927 21.734
202001 17.007 108.085 19.680
202004 16.574 107.216 19.334
202007 16.842 108.401 19.432
202010 16.438 108.638 18.925
202101 16.525 109.192 18.928
202104 17.773 110.851 20.053
202107 18.037 112.431 20.065
202110 17.693 113.695 19.464
202201 17.826 114.801 19.421
202204 20.349 118.357 21.504
202207 20.368 120.964 21.060
202210 18.818 121.517 19.369
202301 18.986 121.596 19.529
202304 19.282 123.571 19.516
202307 19.405 124.914 19.430
202310 18.675 125.310 18.640
202401 17.930 125.072 17.930

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.


Becker Milk Co  (TSX:BEK.B) 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.


Becker Milk Co Cyclically Adjusted PB Ratio Related Terms

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


Becker Milk Co (TSX:BEK.B) Business Description

Traded in Other Exchanges
N/A
Address
393 Eglinton Avenue East, 2nd Floor, Toronto, ON, CAN, M4P 1M6
Website
Becker Milk Co Ltd engages in the ownership and management of retail commercial properties in Ontario, Canada. The company leases retail stores with a few residential sites.

Becker Milk Co (TSX:BEK.B) Headlines

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