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Miko NV (XBRU:MIKO) Cyclically Adjusted PB Ratio : 0.76 (As of May. 26, 2024)


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What is Miko NV Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Miko NV's current share price is €67.00. Miko NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was €88.37. Miko NV's Cyclically Adjusted PB Ratio for today is 0.76.

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

XBRU:MIKO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.53   Max: 2.3
Current: 0.76

During the past 13 years, Miko NV's highest Cyclically Adjusted PB Ratio was 2.30. The lowest was 0.54. And the median was 1.53.

XBRU:MIKO's Cyclically Adjusted PB Ratio is ranked better than
73.46% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs XBRU:MIKO: 0.76

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.

Miko NV's adjusted book value per share data of for the fiscal year that ended in Dec22 was €115.039. 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 €88.37 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Miko NV Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Miko 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.

Miko NV Cyclically Adjusted PB Ratio Chart

Miko NV Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.85 1.71 1.50 1.36 1.02

Miko NV Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 1.36 - 1.02 -

Competitive Comparison of Miko NV's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Miko 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.


Miko NV's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Miko 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.

Miko NV's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=67.00/88.37
=0.76

* 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.

Miko NV's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Miko NV's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=115.039/126.5776*126.5776
=115.039

Current CPI (Dec22) = 126.5776.

Miko NV Annual Data

Book Value per Share CPI Adj_Book
201312 53.560 99.462 68.161
201412 56.647 99.086 72.364
201512 60.460 100.572 76.093
201612 61.866 102.614 76.314
201712 65.572 104.804 79.195
201812 70.681 107.252 83.417
201912 77.862 108.065 91.201
202012 78.506 108.511 91.577
202112 118.114 114.705 130.340
202212 115.039 126.578 115.039

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.


Miko NV  (XBRU:MIKO) 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.


Miko NV Cyclically Adjusted PB Ratio Related Terms

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


Miko NV (XBRU:MIKO) Business Description

Traded in Other Exchanges
N/A
Address
Steenweg op Mol 177, Turnhout, BEL, B-2300
Miko NV is involved in the business of producing and distributing coffee and plastic packaging. The company also manages its subsidiaries in European countries and Australia as well as sells its coffee concepts via independent distributors in countries across Europe and beyond. The various national subsidiaries within the coffee division all focus on the market segments of office coffee, the hospitality sector and health care. It mainly operates in Belgium, England, Germany, New Zealand, France and others.

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