GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tyson Foods Inc (BSP:TSNF34) » Definitions » Cyclically Adjusted Book per Share

Tyson Foods (BSP:TSNF34) Cyclically Adjusted Book per Share : R$221.81 (As of Mar. 2024)


View and export this data going back to 2019. Start your Free Trial

What is Tyson Foods 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.

Tyson Foods's adjusted book value per share for the three months ended in Mar. 2024 was R$253.015. 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 R$221.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Tyson Foods's average Cyclically Adjusted Book Growth Rate was 10.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.10% 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 Tyson Foods was 15.30% per year. The lowest was 1.90% per year. And the median was 7.80% per year.

As of today (2024-06-02), Tyson Foods's current stock price is R$301.02. Tyson Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$221.81. Tyson Foods's Cyclically Adjusted PB Ratio of today is 1.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Tyson Foods was 4.25. The lowest was 1.07. And the median was 2.59.


Tyson Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Tyson Foods'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.

Tyson Foods Cyclically Adjusted Book per Share Chart

Tyson Foods 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 103.45 154.10 175.64 206.06 211.28

Tyson Foods 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 203.05 199.82 211.28 203.29 221.81

Competitive Comparison of Tyson Foods's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Tyson Foods'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.


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

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

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



Tyson Foods 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, Tyson Foods'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)
=253.015/131.7762*131.7762
=253.015

Current CPI (Mar. 2024) = 131.7762.

Tyson Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 42.559 100.560 55.771
201409 55.276 100.428 72.530
201412 64.344 99.070 85.586
201503 78.574 99.621 103.936
201506 80.350 100.684 105.163
201509 102.509 100.392 134.556
201512 104.335 99.792 137.775
201603 97.712 100.470 128.158
201606 91.218 101.688 118.208
201609 86.584 101.861 112.013
201612 89.732 101.863 116.083
201703 85.311 102.862 109.291
201706 92.796 103.349 118.320
201709 89.727 104.136 113.543
201712 107.184 104.011 135.796
201803 108.250 105.290 135.481
201806 128.053 106.317 158.718
201809 143.726 106.507 177.826
201812 139.562 105.998 173.503
201903 141.315 107.251 173.630
201906 147.256 108.070 179.559
201909 157.014 108.329 190.998
201912 162.128 108.420 197.054
202003 193.788 108.902 234.493
202006 211.632 108.767 256.401
202009 225.676 109.815 270.808
202012 220.580 109.897 264.495
202103 246.099 111.754 290.190
202106 228.265 114.631 262.405
202109 256.328 115.734 291.858
202112 287.109 117.630 321.638
202203 261.711 121.301 284.312
202206 271.665 125.017 286.353
202209 286.971 125.227 301.980
202212 289.612 125.222 304.771
202303 284.135 127.348 294.016
202306 256.350 128.729 262.419
202309 251.555 129.860 255.268
202312 249.101 129.419 253.637
202403 253.015 131.776 253.015

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


Tyson Foods  (BSP:TSNF34) 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.

Tyson Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=301.02/221.81
=1.36

* 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 Tyson Foods was 4.25. The lowest was 1.07. And the median was 2.59.


Be Aware

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


Tyson Foods Cyclically Adjusted Book per Share Related Terms

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


Tyson Foods (BSP:TSNF34) Business Description

Traded in Other Exchanges
Address
2200 West Don Tyson Parkway, Springdale, AR, USA, 72762-6999
Tyson Foods is a protein-focused food producer, selling raw chicken, beef, pork, and prepared foods. Chicken and beef are its two largest segments, each comprising about one-third of U.S. sales. Prepared foods constitute roughly 20% of sales and include brands like Tyson, Jimmy Dean, Hillshire Farm, Ball Park, and Sara Lee. However, most of these are in product categories rife with competition where Tyson does not have a massive market share lead. Tyson sells some products overseas, but the international segment accounts for just 5% of total revenue. The company is an active acquirer, with more recent years' purchases focused on international and food-service markets.

Tyson Foods (BSP:TSNF34) Headlines

No Headlines