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Berry Global Group (Berry Global Group) Cyclically Adjusted Book per Share : $14.16 (As of Mar. 2024)


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What is Berry Global Group 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.

Berry Global Group's adjusted book value per share for the three months ended in Mar. 2024 was $28.668. 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 $14.16 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Berry Global Group's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 56.00% 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 Berry Global Group was 56.00% per year. The lowest was 56.00% per year. And the median was 56.00% per year.

As of today (2024-05-15), Berry Global Group's current stock price is $60.11. Berry Global Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.16. Berry Global Group's Cyclically Adjusted PB Ratio of today is 4.25.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Berry Global Group was 18.36. The lowest was 4.22. And the median was 7.69.


Berry Global Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Berry Global Group'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.

Berry Global Group Cyclically Adjusted Book per Share Chart

Berry Global Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 3.34 5.54 9.20 12.67

Berry Global Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.91 11.82 12.67 13.40 14.16

Competitive Comparison of Berry Global Group's Cyclically Adjusted Book per Share

For the Packaging & Containers subindustry, Berry Global Group'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.


Berry Global Group's Cyclically Adjusted PB Ratio Distribution in the Packaging & Containers Industry

For the Packaging & Containers industry and Consumer Cyclical sector, Berry Global Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Berry Global Group 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, Berry Global Group'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)
=28.668/129.4194*129.4194
=28.668

Current CPI (Mar. 2024) = 129.4194.

Berry Global Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.132 100.560 -1.457
201409 -0.992 100.428 -1.278
201412 -0.918 99.070 -1.199
201503 -0.745 99.621 -0.968
201506 -0.753 100.684 -0.968
201509 -0.567 100.392 -0.731
201512 -0.681 99.792 -0.883
201603 0.522 100.470 0.672
201606 1.251 101.688 1.592
201609 1.787 101.861 2.270
201612 1.987 101.863 2.525
201703 5.398 102.862 6.792
201706 6.480 103.349 8.115
201709 7.731 104.136 9.608
201712 8.932 104.011 11.114
201803 9.901 105.290 12.170
201806 10.137 106.317 12.340
201809 10.913 106.507 13.261
201812 11.118 105.998 13.575
201903 11.673 107.251 14.086
201906 11.698 108.070 14.009
201909 12.230 108.329 14.611
201912 13.479 108.420 16.090
202003 12.460 108.902 14.808
202006 14.084 108.767 16.758
202009 15.659 109.815 18.454
202012 18.260 109.897 21.504
202103 19.629 111.754 22.732
202106 21.809 114.631 24.622
202109 23.469 115.734 26.244
202112 24.364 117.630 26.806
202203 25.460 121.301 27.164
202206 24.793 125.017 25.666
202209 25.733 125.227 26.595
202212 26.779 125.222 27.677
202303 27.643 127.348 28.093
202306 28.679 128.729 28.833
202309 27.844 129.860 27.750
202312 28.708 129.419 28.708
202403 28.668 129.419 28.668

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


Berry Global Group  (NYSE:BERY) 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.

Berry Global Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=60.11/14.16
=4.25

* 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 Berry Global Group was 18.36. The lowest was 4.22. And the median was 7.69.


Be Aware

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


Berry Global Group Cyclically Adjusted Book per Share Related Terms

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


Berry Global Group (Berry Global Group) Business Description

Traded in Other Exchanges
Address
101 Oakley Street, Evansville, IN, USA, 47710
Berry global Group Inc is a leading global supplier of plastic packaging products mainly sold to consumer-oriented end markets. The four business segments are consumer packaging international, consumer packaging North America, engineered materials, and health, hygiene, and specialties. The company primarily uses plastic resin as its raw material, purchased from a variety of suppliers. The majority of revenue comes from consumer packaging international due to the acquisition of RPC, which expanded the geographical areas in which the company operates. The consumer packaging segment consists of closures and dispensing systems, pharmaceutical devices and packaging, bottles and canisters, polythene films, recycling, containers, and technical components.
Executives
James Till officer: EVP - Controller C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Mark W Miles officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Carl J Rickertsen director MICROSTRATEGY INCORPORATED, 1850 TOWERS CRESCENT PLAZA, TYSONS CORNER VA 22182
Jason K. Greene officer: EVP - Chief Legal Officer C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Evan Bayh director 3 BETHESDA METRO CENTER, SUITE 1000, BETHESDA MD 20814
Kevin J. Kwilinski director, officer: Chief Executive Officer 101 OAKLEY STREET, EVANSVILLE IN 47714
William J Norman officer: President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY STREET, EVANSVILLE IN 47710
Michael Edward Hill officer: President C/O 101 OAKLEY STREET, EVANSVILLE IN 47710
Meredith Harper director 101 OAKLEY STREET, EVANSVILLE IN 47710
Peter T Thomas director 1000 LAKESIDE AVENUE, CLEVELAND OH 44114
Chaney Sheffield director C/O CANYON PARTNERS, LLC, 2000 AVENUE OF THE STARS, 11TH FLOOR, LOS ANGELES CA 90067
Tom Salmon officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Curt Begle officer: Executive Vice President C/O BERRY PLASTICS GROUP, INC., 101 OAKLEY ST., EVANSVILLE IN 47710
Jill A Rahman director 101 OAKLEY STREET, EVANSVILLE IN 47710
Paula A Sneed director THREE LAKES DRIVE, NORTHFIELD IL 60093