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Koninklijke Ahold Delhaize NV (XAMS:AD) Cyclically Adjusted PB Ratio : 2.15 (As of May. 09, 2024)


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What is Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio?

As of today (2024-05-09), Koninklijke Ahold Delhaize NV's current share price is €28.89. Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €13.43. Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio for today is 2.15.

The historical rank and industry rank for Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio or its related term are showing as below:

XAMS:AD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.9   Med: 2.46   Max: 3.23
Current: 2.09

During the past years, Koninklijke Ahold Delhaize NV's highest Cyclically Adjusted PB Ratio was 3.23. The lowest was 1.90. And the median was 2.46.

XAMS:AD's Cyclically Adjusted PB Ratio is ranked worse than
60.27% of 219 companies
in the Retail - Defensive industry
Industry Median: 1.6 vs XAMS:AD: 2.09

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.

Koninklijke Ahold Delhaize NV's adjusted book value per share data for the three months ended in Dec. 2023 was €15.597. 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 €13.43 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Koninklijke Ahold Delhaize NV'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.

Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio Chart

Koninklijke Ahold Delhaize NV 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 2.43 2.38 2.78 2.12 1.94

Koninklijke Ahold Delhaize NV Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.12 2.46 2.39 2.14 1.94

Competitive Comparison of Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, Koninklijke Ahold Delhaize NV'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.


Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio falls into.



Koninklijke Ahold Delhaize NV 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=28.89/13.43
=2.15

* 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.

Koninklijke Ahold Delhaize NV's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Koninklijke Ahold Delhaize NV'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)
=15.597/126.4000*126.4000
=15.597

Current CPI (Dec. 2023) = 126.4000.

Koninklijke Ahold Delhaize NV Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.647 99.390 7.182
201406 5.522 99.240 7.033
201409 5.630 99.960 7.119
201412 6.257 99.050 7.985
201503 6.463 99.750 8.190
201506 6.485 100.230 8.178
201509 6.802 100.500 8.555
201512 7.298 99.730 9.250
201603 6.691 100.310 8.431
201606 5.784 100.260 7.292
201609 11.950 100.570 15.019
201612 12.793 100.710 16.056
201703 12.850 101.440 16.012
201706 12.028 101.370 14.998
201709 12.023 102.030 14.895
201712 11.886 101.970 14.734
201803 12.359 102.470 15.245
201806 12.398 103.100 15.200
201809 12.643 103.950 15.373
201812 12.569 103.970 15.281
201903 13.010 105.370 15.607
201906 12.932 105.840 15.444
201909 12.689 106.700 15.032
201912 12.944 106.800 15.319
202003 13.314 106.850 15.750
202006 12.167 107.510 14.305
202009 12.578 107.880 14.737
202012 11.873 107.850 13.915
202103 12.684 108.870 14.726
202106 0.000 109.670 0.000
202109 12.849 110.790 14.659
202112 13.566 114.010 15.040
202203 14.361 119.460 15.195
202206 15.263 119.050 16.205
202209 16.167 126.890 16.105
202212 15.762 124.940 15.946
202303 16.108 124.720 16.325
202306 15.641 125.830 15.712
202309 16.058 127.160 15.962
202312 15.597 126.400 15.597

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.


Koninklijke Ahold Delhaize NV  (XAMS:AD) 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.


Koninklijke Ahold Delhaize NV Cyclically Adjusted PB Ratio Related Terms

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


Koninklijke Ahold Delhaize NV (XAMS:AD) Business Description

Address
Provincialeweg 11, Zaandam, NH, NLD, 1506 MA
Ahold Delhaize is the product of the July 2016 merger between Netherlands-based Ahold and Belgium's Delhaize, forming the fourth-largest grocer in the U.S. and a top player in many parts of Europe. The U.S. is the largest market, accounting for over 60% of group sales, with Ahold Delhaize the leading grocer on the Eastern Seaboard. The U.S. store network stretches from Maine to Georgia and includes such banners as Stop & Shop, Giant Carlisle, Giant Landover, Food Lion, Hannaford, and Peapod. The Netherlands, Belgium, and Central and Southeastern Europe, including the Czech Republic, Greece, Romania, and Serbia, account for slightly less than 40% of sales. Ahold Delhaize holds the number-one and number-two positions in these countries.

Koninklijke Ahold Delhaize NV (XAMS:AD) Headlines

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