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Bunge Global (STU:Q23) Cyclically Adjusted Book per Share : €53.47 (As of Mar. 2024)


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What is Bunge Global 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.

Bunge Global's adjusted book value per share for the three months ended in Mar. 2024 was €68.560. 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 €53.47 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Bunge Global's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -2.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -1.00% 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 Bunge Global was 13.70% per year. The lowest was -3.50% per year. And the median was 0.10% per year.

As of today (2024-06-04), Bunge Global's current stock price is €98.90. Bunge Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €53.47. Bunge Global's Cyclically Adjusted PB Ratio of today is 1.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Bunge Global was 2.18. The lowest was 0.52. And the median was 1.26.


Bunge Global Cyclically Adjusted Book per Share Historical Data

The historical data trend for Bunge Global'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.

Bunge Global Cyclically Adjusted Book per Share Chart

Bunge Global Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 53.68 45.07 49.35 52.42 51.57

Bunge Global 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 51.83 51.11 54.84 51.57 53.47

Competitive Comparison of Bunge Global's Cyclically Adjusted Book per Share

For the Farm Products subindustry, Bunge Global'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.


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

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

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



Bunge Global 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, Bunge Global'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)
=68.56/131.7762*131.7762
=68.560

Current CPI (Mar. 2024) = 131.7762.

Bunge Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 47.820 100.560 62.665
201409 46.163 100.428 60.573
201412 43.171 99.070 57.423
201503 41.856 99.621 55.366
201506 41.588 100.684 54.431
201509 36.002 100.392 47.257
201512 37.053 99.792 48.929
201603 39.094 100.470 51.275
201606 41.080 101.688 53.235
201609 40.846 101.861 52.842
201612 43.859 101.863 56.739
201703 44.878 102.862 57.493
201706 41.382 103.349 52.764
201709 40.909 104.136 51.767
201712 38.799 104.011 49.156
201803 36.693 105.290 45.924
201806 33.344 106.317 41.329
201809 33.956 106.507 42.012
201812 34.154 105.998 42.460
201903 33.844 107.251 41.583
201906 35.273 108.070 43.011
201909 24.178 108.329 29.411
201912 33.147 108.420 40.288
202003 26.562 108.902 32.141
202006 28.000 108.767 33.923
202009 28.191 109.815 33.829
202012 31.630 109.897 37.927
202103 35.364 111.754 41.700
202106 38.034 114.631 43.723
202109 41.187 115.734 46.896
202112 43.787 117.630 49.053
202203 51.377 121.301 55.814
202206 54.386 125.017 57.327
202209 58.693 125.227 61.763
202212 58.085 125.222 61.125
202303 61.745 127.348 63.892
202306 64.799 128.729 66.333
202309 65.624 129.860 66.593
202312 66.370 129.419 67.579
202403 68.560 131.776 68.560

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


Bunge Global  (STU:Q23) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=98.90/53.47
=1.85

* 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 Bunge Global was 2.18. The lowest was 0.52. And the median was 1.26.


Be Aware

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


Bunge Global Cyclically Adjusted Book per Share Related Terms

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


Bunge Global (STU:Q23) Business Description

Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.

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