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Livestock Feed (XMAU:LFL.I0000) Cyclically Adjusted PB Ratio : 0.71 (As of Jun. 08, 2024)


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What is Livestock Feed Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Livestock Feed's current share price is MUR17.00. Livestock Feed's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was MUR23.80. Livestock Feed's Cyclically Adjusted PB Ratio for today is 0.71.

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

XMAU:LFL.I0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.7   Med: 0.76   Max: 0.84
Current: 0.71

During the past years, Livestock Feed's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.70. And the median was 0.76.

XMAU:LFL.I0000's Cyclically Adjusted PB Ratio is ranked better than
75.55% of 1358 companies
in the Consumer Packaged Goods industry
Industry Median: 1.36 vs XMAU:LFL.I0000: 0.71

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.

Livestock Feed's adjusted book value per share data for the three months ended in Mar. 2024 was MUR31.837. 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 MUR23.80 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Livestock Feed Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Livestock Feed'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.

Livestock Feed Cyclically Adjusted PB Ratio Chart

Livestock Feed Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Livestock Feed Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 - - - 0.87 0.75

Competitive Comparison of Livestock Feed's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Livestock Feed'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.


Livestock Feed's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Livestock Feed 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.

Livestock Feed's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=17.00/23.8
=0.71

* 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.

Livestock Feed's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Livestock Feed's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=31.837/131.7762*131.7762
=31.837

Current CPI (Mar. 2024) = 131.7762.

Livestock Feed Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.000 99.695 0.000
201406 12.741 100.560 16.696
201409 0.000 100.428 0.000
201412 0.000 99.070 0.000
201503 13.727 99.621 18.158
201506 13.814 100.684 18.080
201509 14.328 100.392 18.807
201512 14.760 99.792 19.491
201603 0.000 100.470 0.000
201606 14.949 101.688 19.372
201609 15.616 101.861 20.202
201612 15.856 101.863 20.512
201703 16.040 102.862 20.549
201706 15.432 103.349 19.677
201709 16.290 104.136 20.614
201712 16.735 104.011 21.202
201803 17.479 105.290 21.876
201806 17.866 106.317 22.144
201809 18.136 106.507 22.439
201812 18.561 105.998 23.075
201903 18.933 107.251 23.263
201906 19.136 108.070 23.334
201909 19.685 108.329 23.946
201912 20.428 108.420 24.829
202003 20.769 108.902 25.132
202006 20.093 108.767 24.344
202009 20.521 109.815 24.625
202012 0.000 109.897 0.000
202103 21.674 111.754 25.557
202106 23.328 114.631 26.817
202109 23.514 115.734 26.773
202112 24.527 117.630 27.477
202203 25.327 121.301 27.514
202206 26.362 125.017 27.787
202209 27.188 125.227 28.610
202212 27.618 125.222 29.064
202303 28.615 127.348 29.610
202306 28.885 128.729 29.569
202309 29.706 129.860 30.144
202403 31.837 131.776 31.837

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.


Livestock Feed  (XMAU:LFL.I0000) 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.


Livestock Feed Cyclically Adjusted PB Ratio Related Terms

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


Livestock Feed (XMAU:LFL.I0000) Business Description

Traded in Other Exchanges
N/A
Address
Claude Delaitre Street, Les Guibies, Pailles, MUS
Livestock Feed Ltd is a manufacturer and processor of animal feeds in Mauritius. Its operating segment includes Mauritian operations and International operations. The company generates maximum revenue from the Mauritian operations segment. Its services include veterinary services, production guide, delivery services, and after-sales services. The company products portfolio includes broiler feed, layer feed, other poultry feeds, pig feed, ruminants feed, raw materials feed, horse feed, rabbit feed, fish feed, and dog feed.

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