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The Kroger Co (XTER:KOG) Cyclically Adjusted PB Ratio : 4.44 (As of Jun. 07, 2024)


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What is The Kroger Co Cyclically Adjusted PB Ratio?

As of today (2024-06-07), The Kroger Co's current share price is €47.77. The Kroger Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €10.77. The Kroger Co's Cyclically Adjusted PB Ratio for today is 4.44.

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

XTER:KOG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.46   Med: 4.94   Max: 9.41
Current: 4.5

During the past years, The Kroger Co's highest Cyclically Adjusted PB Ratio was 9.41. The lowest was 3.46. And the median was 4.94.

XTER:KOG's Cyclically Adjusted PB Ratio is ranked worse than
80.97% of 226 companies
in the Retail - Defensive industry
Industry Median: 1.595 vs XTER:KOG: 4.50

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.

The Kroger Co's adjusted book value per share data for the three months ended in Jan. 2024 was €14.809. 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 €10.77 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Kroger Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Kroger 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.

The Kroger Co Cyclically Adjusted PB Ratio Chart

The Kroger Co Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.98 4.59 4.90 4.29 4.00

The Kroger 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 4.29 4.51 4.43 4.02 4.00

Competitive Comparison of The Kroger Co's Cyclically Adjusted PB Ratio

For the Grocery Stores subindustry, The Kroger 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.


The Kroger Co's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, The Kroger Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



The Kroger 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.

The Kroger Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=47.77/10.77
=4.44

* 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.

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

For example, The Kroger 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)
=14.809/130.1244*130.1244
=14.809

Current CPI (Jan. 2024) = 130.1244.

The Kroger Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.374 100.023 4.389
201407 3.799 100.520 4.918
201410 4.318 100.176 5.609
201501 4.784 98.604 6.313
201504 5.237 99.824 6.827
201507 5.561 100.691 7.187
201510 5.784 100.346 7.500
201601 6.496 99.957 8.456
201604 5.917 100.947 7.627
201607 6.304 101.524 8.080
201610 6.428 101.988 8.201
201701 6.814 102.456 8.654
201704 6.282 103.167 7.923
201707 5.980 103.278 7.534
201710 6.023 104.070 7.531
201801 6.533 104.578 8.129
201804 6.989 105.708 8.603
201807 7.920 106.324 9.693
201810 8.342 106.695 10.174
201901 8.657 106.200 10.607
201904 9.467 107.818 11.426
201907 9.689 108.250 11.647
201910 10.049 108.577 12.043
202001 9.836 108.841 11.759
202004 10.948 108.173 13.170
202007 0.000 109.318 0.000
202010 11.174 109.861 13.235
202101 10.372 110.364 12.229
202104 10.213 112.673 11.795
202107 10.550 115.183 11.919
202110 11.118 116.696 12.397
202201 11.493 118.619 12.608
202204 11.975 121.978 12.775
202207 13.258 125.002 13.801
202210 14.112 125.734 14.605
202301 13.015 126.223 13.417
202304 13.826 127.992 14.056
202307 13.342 128.974 13.461
202310 14.743 129.810 14.779
202401 14.809 130.124 14.809

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.


The Kroger Co  (XTER:KOG) 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.


The Kroger Co Cyclically Adjusted PB Ratio Related Terms

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


The Kroger Co (XTER:KOG) Business Description

Address
1014 Vine Street, Cincinnati, OH, USA, 45202
Kroger is the leading U.S. grocer, with 2,719 supermarkets operating under several banners throughout the country at the end of fiscal 2022. Around 83% of stores have pharmacies, while nearly 60% also sell fuel. The company also operates roughly 120 fine jewelry stores. Kroger features a leading private-label offering and manufactures around 30% of its own-brand units (and more than 40% of its grocery own-label assortment) itself in 33 food production plants nationwide. Kroger is a top-two grocer in most of its major markets (as of early 2021, according to company data). Virtually all of Kroger's sales come from the United States. Kroger has offered to acquire Albertsons in a $25 billion deal; if the transaction is approved by regulators, it should close in 2024.

The Kroger Co (XTER:KOG) Headlines

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