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J&J Snack Foods (STU:JJ1) Cyclically Adjusted Book per Share : €42.79 (As of Mar. 2024)


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What is J&J Snack 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.

J&J Snack Foods's adjusted book value per share for the three months ended in Mar. 2024 was €43.454. 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 €42.79 for the trailing ten years ended in Mar. 2024.

During the past 12 months, J&J Snack Foods's average Cyclically Adjusted Book Growth Rate was 5.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 9.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.20% 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 J&J Snack Foods was 10.60% per year. The lowest was 6.70% per year. And the median was 8.80% per year.

As of today (2024-06-02), J&J Snack Foods's current stock price is €145.00. J&J Snack Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €42.79. J&J Snack Foods's Cyclically Adjusted PB Ratio of today is 3.39.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of J&J Snack Foods was 6.06. The lowest was 2.85. And the median was 4.60.


J&J Snack Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for J&J Snack 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.

J&J Snack Foods Cyclically Adjusted Book per Share Chart

J&J Snack 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 29.69 29.86 32.95 44.51 42.76

J&J Snack 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 39.74 41.26 42.76 41.41 42.79

Competitive Comparison of J&J Snack Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, J&J Snack 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.


J&J Snack Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



J&J Snack 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, J&J Snack 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)
=43.454/131.7762*131.7762
=43.454

Current CPI (Mar. 2024) = 131.7762.

J&J Snack Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.624 100.560 28.337
201409 23.389 100.428 30.690
201412 24.459 99.070 32.534
201503 28.273 99.621 37.399
201506 28.137 100.684 36.826
201509 28.621 100.392 37.569
201512 29.574 99.792 39.053
201603 29.107 100.470 38.177
201606 29.688 101.688 38.472
201609 30.450 101.861 39.393
201612 32.662 101.863 42.254
201703 32.776 102.862 41.989
201706 32.097 103.349 40.926
201709 30.674 104.136 38.816
201712 32.019 104.011 40.566
201803 31.325 105.290 39.205
201806 33.791 106.317 41.883
201809 34.688 106.507 42.918
201812 35.983 105.998 44.734
201903 36.929 107.251 45.374
201906 38.054 108.070 46.402
201909 40.066 108.329 48.738
201912 40.120 108.420 48.763
202003 39.916 108.902 48.300
202006 38.110 108.767 46.172
202009 36.334 109.815 43.600
202012 35.050 109.897 42.028
202103 35.879 111.754 42.307
202106 36.361 114.631 41.799
202109 37.665 115.734 42.886
202112 39.222 117.630 43.939
202203 40.254 121.301 43.730
202206 42.206 125.017 44.488
202209 45.361 125.227 47.734
202212 42.207 125.222 44.416
202303 41.639 127.348 43.087
202306 42.446 128.729 43.451
202309 44.180 129.860 44.832
202312 43.204 129.419 43.991
202403 43.454 131.776 43.454

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


J&J Snack Foods  (STU:JJ1) 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.

J&J Snack Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=145.00/42.79
=3.39

* 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 J&J Snack Foods was 6.06. The lowest was 2.85. And the median was 4.60.


Be Aware

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


J&J Snack Foods Cyclically Adjusted Book per Share Related Terms

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


J&J Snack Foods (STU:JJ1) Business Description

Traded in Other Exchanges
Address
350 Fellowship Road, Mt. Laurel, NJ, USA, 08054
J&J Snack Foods Corp manufactures, markets, and distributes snack foods and beverages to foodservice and retail supermarket outlets. The company's products include frozen beverages, juice, fruit bars, sorbet, cakes, and cookies that are distributed to various consumers, including restaurants, supermarkets, convenience stores, universities, theaters, and theme parks. The company operates in three business segments: food service, which sells snacks, desserts, and baked goods at the point-of-sale; retail supermarkets, which sells frozen and prepackaged products to supermarkets; and frozen beverages, which sells frozen beverages under brands Icee, Slush puppie, and Parrot ice in the United States, Mexico, and Canada.

J&J Snack Foods (STU:JJ1) Headlines

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