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Glanbia (Glanbia) Cyclically Adjusted PB Ratio : 2.86 (As of Apr. 28, 2024)


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What is Glanbia Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Glanbia's current share price is $94.75. Glanbia's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $33.18. Glanbia's Cyclically Adjusted PB Ratio for today is 2.86.

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

GLAPY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.15   Med: 6.05   Max: 14.65
Current: 3.03

During the past 13 years, Glanbia's highest Cyclically Adjusted PB Ratio was 14.65. The lowest was 2.15. And the median was 6.05.

GLAPY's Cyclically Adjusted PB Ratio is ranked worse than
78.03% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs GLAPY: 3.03

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.

Glanbia's adjusted book value per share data of for the fiscal year that ended in Dec23 was $40.589. 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 $33.18 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Glanbia Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Glanbia'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.

Glanbia Cyclically Adjusted PB Ratio Chart

Glanbia 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 3.04 2.78 2.82 2.29 2.53

Glanbia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.82 - 2.29 - 2.53

Competitive Comparison of Glanbia's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Glanbia'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.


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

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

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



Glanbia 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.

Glanbia's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=94.75/33.18
=2.86

* 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.

Glanbia's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Glanbia's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=40.589/120.1096*120.1096
=40.589

Current CPI (Dec23) = 120.1096.

Glanbia Annual Data

Book Value per Share CPI Adj_Book
201412 15.198 99.576 18.332
201512 19.280 99.676 23.232
201612 21.600 99.676 26.028
201712 27.996 100.075 33.601
201812 30.701 100.773 36.592
201912 31.704 102.068 37.308
202012 33.221 101.072 39.479
202112 34.159 106.653 38.469
202212 36.668 115.425 38.156
202312 40.589 120.110 40.589

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.


Glanbia  (OTCPK:GLAPY) 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.


Glanbia Cyclically Adjusted PB Ratio Related Terms

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


Glanbia (Glanbia) Business Description

Traded in Other Exchanges
Address
Ring Road, Glanbia House, Kilkenny, IRL, R95 E866
Meaning "pure food" in Irish, Glanbia is a global ingredient and branded performance nutrition manufacturer present in 32 countries with sales in 130 countries and over 7,500 employees. Originating in Ireland in the 1960s in the dairy processing industry, predecessor companies were initially listed in 1988 before Glanbia came into being in 1999. Production facilities are concentrated in Ireland, the U.K., Germany, the United States, and China. Glanbia processes over 6 billion liters of milk annually and is also a major producer of U.S. cheddar cheese. Glanbia generates more than 80% of its revenue in the United States.