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Morixe Hermanos (BUE:MORI) Cyclically Adjusted Book per Share : ARS9.01 (As of Mar. 2024)


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What is Morixe Hermanos 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.

Morixe Hermanos's adjusted book value per share for the three months ended in Mar. 2024 was ARS97.789. 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 ARS9.01 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Morixe Hermanos's average Cyclically Adjusted Book Growth Rate was 100.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 34.90% 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 Morixe Hermanos was 34.90% per year. The lowest was 34.90% per year. And the median was 34.90% per year.

As of today (2024-06-06), Morixe Hermanos's current stock price is ARS182.00. Morixe Hermanos's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ARS9.01. Morixe Hermanos's Cyclically Adjusted PB Ratio of today is 20.20.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Morixe Hermanos was 20.21. The lowest was 1.36. And the median was 7.01.


Morixe Hermanos Cyclically Adjusted Book per Share Historical Data

The historical data trend for Morixe Hermanos'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.

Morixe Hermanos Cyclically Adjusted Book per Share Chart

Morixe Hermanos Annual Data
Trend May13 May14 May15 May16 May17 May18 May19 May20 May21 May22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.27 1.50 1.94 3.12

Morixe Hermanos Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 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 4.50 5.25 6.19 - 9.01

Competitive Comparison of Morixe Hermanos's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Morixe Hermanos'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.


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

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

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



Morixe Hermanos 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, Morixe Hermanos'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)
=97.789/131.7762*131.7762
=97.789

Current CPI (Mar. 2024) = 131.7762.

Morixe Hermanos Quarterly Data

Book Value per Share CPI Adj_Book
201405 0.172 100.373 0.226
201408 0.599 100.352 0.787
201411 0.347 99.635 0.459
201502 0.000 99.032 0.000
201505 -0.286 100.333 -0.376
201508 -1.079 100.548 -1.414
201511 0.068 100.135 0.089
201602 0.388 100.040 0.511
201605 0.056 101.355 0.073
201608 -0.095 101.617 -0.123
201611 -0.248 101.829 -0.321
201702 -0.493 102.779 -0.632
201705 -0.124 103.256 -0.158
201708 0.515 103.587 0.655
201711 1.125 104.072 1.424
201802 0.856 105.052 1.074
201805 3.587 106.148 4.453
201808 0.350 106.383 0.434
201811 1.669 106.338 2.068
201902 1.631 106.649 2.015
201905 3.426 108.048 4.178
201908 2.523 108.245 3.071
201911 2.820 108.519 3.424
202002 2.758 109.139 3.330
202005 5.028 108.175 6.125
202008 3.796 109.662 4.561
202011 8.262 109.793 9.916
202102 7.404 110.968 8.792
202105 8.483 113.576 9.842
202108 8.255 115.421 9.425
202111 8.701 117.269 9.777
202202 10.205 119.703 11.234
202205 26.293 123.323 28.095
202208 14.857 124.958 15.668
202211 17.740 125.607 18.611
202302 21.614 126.928 22.440
202305 27.815 128.314 28.565
202308 35.511 129.538 36.125
202312 0.000 129.419 0.000
202403 97.789 131.776 97.789

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


Morixe Hermanos  (BUE:MORI) 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.

Morixe Hermanos's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=182.00/9.01
=20.20

* 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 Morixe Hermanos was 20.21. The lowest was 1.36. And the median was 7.01.


Be Aware

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


Morixe Hermanos Cyclically Adjusted Book per Share Related Terms

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


Morixe Hermanos (BUE:MORI) Business Description

Traded in Other Exchanges
N/A
Address
Federico Garcia Lorca 234, Buenos Aires, ARG, 1405
Morixe Hermanos SA operates in the Argentine mill industry. The company is engaged in the milling, industrialization, conditioning, buying and selling, import and export of flour, semolina, agricultural raw materials, by-products and derivatives.

Morixe Hermanos (BUE:MORI) Headlines

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