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Calavo Growers (Calavo Growers) Cyclically Adjusted Book per Share : $15.72 (As of Jan. 2024)


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What is Calavo Growers Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Calavo Growers's adjusted book value per share for the three months ended in Jan. 2024 was $11.299. 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 $15.72 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Calavo Growers's average Cyclically Adjusted Book Growth Rate was 4.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Calavo Growers was 12.30% per year. The lowest was 8.90% per year. And the median was 10.70% per year.

As of today (2024-06-08), Calavo Growers's current stock price is $25.41. Calavo Growers's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $15.72. Calavo Growers's Cyclically Adjusted PB Ratio of today is 1.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Calavo Growers was 11.11. The lowest was 1.46. And the median was 6.35.


Calavo Growers Cyclically Adjusted Book per Share Historical Data

The historical data trend for Calavo Growers's Cyclically Adjusted Book per Share 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.

Calavo Growers Cyclically Adjusted Book per Share Chart

Calavo Growers Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.13 12.14 13.56 14.98 15.66

Calavo Growers Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 15.09 15.37 15.52 15.66 15.72

Competitive Comparison of Calavo Growers's Cyclically Adjusted Book per Share

For the Food Distribution subindustry, Calavo Growers'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.


Calavo Growers's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

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

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



Calavo Growers Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Calavo Growers'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)
=11.299/130.1244*130.1244
=11.299

Current CPI (Jan. 2024) = 130.1244.

Calavo Growers Quarterly Data

Book Value per Share CPI Adj_Book
201404 8.983 100.023 11.686
201407 9.951 100.520 12.882
201410 10.373 100.176 13.474
201501 10.403 98.604 13.729
201504 11.018 99.824 14.362
201507 11.419 100.691 14.757
201510 10.640 100.346 13.797
201601 10.799 99.957 14.058
201604 11.721 100.947 15.109
201607 12.473 101.524 15.987
201610 12.277 101.988 15.664
201701 12.454 102.456 15.817
201704 13.454 103.167 16.969
201707 14.134 103.278 17.808
201710 13.866 104.070 17.337
201801 14.199 104.578 17.668
201804 15.163 105.708 18.665
201807 16.210 106.324 19.839
201810 14.983 106.695 18.273
201901 15.270 106.200 18.710
201904 16.248 107.818 19.609
201907 16.905 108.250 20.321
201910 16.151 108.577 19.356
202001 16.202 108.841 19.370
202004 16.031 108.173 19.284
202007 15.177 109.318 18.066
202010 14.412 109.861 17.070
202101 14.717 110.364 17.352
202104 15.288 112.673 17.656
202107 14.583 115.183 16.475
202110 12.751 116.696 14.218
202201 12.533 118.619 13.749
202204 12.546 121.978 13.384
202207 12.670 125.002 13.189
202210 12.540 125.734 12.978
202301 12.145 126.223 12.520
202304 11.913 127.992 12.111
202307 12.257 128.974 12.366
202310 11.758 129.810 11.787
202401 11.299 130.124 11.299

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Calavo Growers  (NAS:CVGW) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Calavo Growers's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=25.41/15.72
=1.62

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Calavo Growers was 11.11. The lowest was 1.46. And the median was 6.35.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Calavo Growers Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Calavo Growers's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Calavo Growers (Calavo Growers) Business Description

Traded in Other Exchanges
N/A
Address
1141-A Cummings Road, Santa Paula, CA, USA, 93060
Calavo Growers Inc is in the avocado industry and an expanding provider of value-added fresh food. It sells avocados to a group of supermarket chains, wholesalers, food service and other distributors, under brand labels, as well as private labels. The company procures avocados from California, Mexico and other growing regions around the world. Calavo is segmented into three segments namely, Fresh products; Calavo Foods; and RFG. The company derives its revenue from its Fresh products segment.
Executives
Michael A Browne officer: VP-Fresh Operations C/O MISSION PRODUCE, INC., 2500 E. VINEYARD AVENUE, SUITE 300, OXNARD CA 93036
Paul Alan Harrison officer: Executive Vice President C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Steve Hollister director 751 BEAR CANYON LANE, ARROYO GRANDE CA 93420
Lecil E Cole director, 10 percent owner, officer: Chairman of Board, CEO & Pres
James D Helin director 1141A CUMMINGS RD, SANTA PAULA CA 93036
Helen Kurtz officer: SVP and GM - Prepared C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Danny Dumas officer: SVP & GM Grown C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Shawn Munsell officer: Chief Financial Officer C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Graciela Montgomery officer: Chief Human Resources Officer C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD, SANTA PAULA CA 93060
Brian W Kocher officer: Chief Executive Officer 1141-A CUMMINGS ROAD, SANTA PAULA CA 93060
Adriana Mendizabal director C/O CALAVO GROWERS, INC., 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Mariela Irene Matute officer: Chief Financial Officer 1141-A CUMMINGS RD., SANTA PAULA CA 93060
Donald M Sanders director 2530 RED HILL AVE, SANTA ANA CA 92705
Michael Anthony Digregorio director C/O IRONCLAD PERFORMANCE WEAR CORP., 2201 PARK PLACE, SUITE 101, EL SEGUNDO CA 90245
Robert J Wedin officer: VP Sales & Fresh Marketing 1141A CUMMINGS ROAD, SANTA PAULA CA 93060

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