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Alicorp (LIM:ALICORC1) Cyclically Adjusted Book per Share : S/.4.07 (As of Mar. 2024)


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What is Alicorp 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.

Alicorp's adjusted book value per share for the three months ended in Mar. 2024 was S/.3.790. 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 S/.4.07 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Alicorp's average Cyclically Adjusted Book Growth Rate was 5.70% 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.

As of today (2024-06-08), Alicorp's current stock price is S/.6.19. Alicorp's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was S/.4.07. Alicorp's Cyclically Adjusted PB Ratio of today is 1.52.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Alicorp was 2.95. The lowest was 1.29. And the median was 1.67.


Alicorp Cyclically Adjusted Book per Share Historical Data

The historical data trend for Alicorp'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.

Alicorp Cyclically Adjusted Book per Share Chart

Alicorp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3.17 3.61 3.85

Alicorp Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.85 3.92 3.96 4.00 4.07

Competitive Comparison of Alicorp's Cyclically Adjusted Book per Share

For the Household & Personal Products subindustry, Alicorp'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.


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

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

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



Alicorp 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, Alicorp'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)
=3.79/131.7762*131.7762
=3.790

Current CPI (Mar. 2024) = 131.7762.

Alicorp Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.629 99.695 3.475
201406 2.775 100.560 3.636
201409 2.796 100.428 3.669
201412 2.442 99.070 3.248
201503 2.402 99.621 3.177
201506 2.530 100.684 3.311
201509 2.529 100.392 3.320
201512 2.575 99.792 3.400
201603 2.612 100.470 3.426
201606 2.760 101.688 3.577
201609 2.924 101.861 3.783
201612 2.991 101.863 3.869
201703 0.000 102.862 0.000
201706 3.057 103.349 3.898
201709 3.273 104.136 4.142
201712 3.376 104.011 4.277
201803 3.262 105.290 4.083
201806 0.000 106.317 0.000
201809 3.539 106.507 4.379
201812 3.754 105.998 4.667
201903 3.558 107.251 4.372
201906 3.647 108.070 4.447
201909 3.915 108.329 4.762
201912 4.010 108.420 4.874
202003 3.996 108.902 4.835
202006 4.164 108.767 5.045
202009 4.128 109.815 4.954
202012 4.266 109.897 5.115
202103 4.252 111.754 5.014
202106 4.454 114.631 5.120
202109 4.232 115.734 4.819
202112 3.845 117.630 4.307
202203 3.501 121.301 3.803
202206 3.897 125.017 4.108
202209 3.921 125.227 4.126
202212 3.361 125.222 3.537
202303 3.127 127.348 3.236
202306 3.311 128.729 3.389
202309 3.546 129.860 3.598
202403 3.790 131.776 3.790

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


Alicorp  (LIM:ALICORC1) 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.

Alicorp's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=6.19/4.07
=1.52

* 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 Alicorp was 2.95. The lowest was 1.29. And the median was 1.67.


Be Aware

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


Alicorp Cyclically Adjusted Book per Share Related Terms

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


Alicorp (LIM:ALICORC1) Business Description

Traded in Other Exchanges
Address
Argentina Av No. 4793, The League Carmen Reynoso, Callao, Lima, PER
Alicorp S.A.A. is a Peruvian company that manufactures, imports, exports and distributes mass consumption products across South America. Products are offered through four operating segments: mass Consumption, which contributes to the majority of firm revenue, B2B and aquaculture. Mass consumption products include various oils, hair care products, noodles, drinks, and food products. The B2B segment is the next largest contributor to revenue and manufactures and supplies products for industrial use such as laundry detergents, soap and stain removers, as well as beauty products. Aquaculture involves the provision of nutritional animal food and the Grinding segment. The company earns the majority of revenue domestically, with the rest coming from other South American countries.

Alicorp (LIM:ALICORC1) Headlines

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