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Lifeway Foods (FRA:LWF) Cyclically Adjusted PB Ratio : 3.90 (As of Jun. 02, 2024)


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What is Lifeway Foods Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Lifeway Foods's current share price is €14.50. Lifeway Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €3.72. Lifeway Foods's Cyclically Adjusted PB Ratio for today is 3.90.

The historical rank and industry rank for Lifeway Foods's Cyclically Adjusted PB Ratio or its related term are showing as below:

FRA:LWF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 2.76   Max: 10.76
Current: 4.24

During the past years, Lifeway Foods's highest Cyclically Adjusted PB Ratio was 10.76. The lowest was 0.60. And the median was 2.76.

FRA:LWF's Cyclically Adjusted PB Ratio is ranked worse than
84.39% of 1326 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs FRA:LWF: 4.24

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.

Lifeway Foods's adjusted book value per share data for the three months ended in Mar. 2024 was €3.979. 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 €3.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Lifeway Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Lifeway Foods's Cyclically Adjusted PB Ratio 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.

Lifeway Foods Cyclically Adjusted PB Ratio Chart

Lifeway Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 1.86 1.45 1.63 3.79

Lifeway 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 PB Ratio 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 1.75 1.87 2.93 3.79 4.75

Competitive Comparison of Lifeway Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Lifeway 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.


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

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

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



Lifeway Foods Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Lifeway Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.50/3.72
=3.90

* 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.

Lifeway Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Lifeway 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)
=3.979/131.7762*131.7762
=3.979

Current CPI (Mar. 2024) = 131.7762.

Lifeway Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.014 100.560 2.639
201409 2.169 100.428 2.846
201412 2.218 99.070 2.950
201503 2.567 99.621 3.396
201506 2.481 100.684 3.247
201509 2.526 100.392 3.316
201512 2.563 99.792 3.384
201603 2.528 100.470 3.316
201606 2.630 101.688 3.408
201609 2.632 101.861 3.405
201612 2.838 101.863 3.671
201703 2.808 102.862 3.597
201706 2.730 103.349 3.481
201709 2.544 104.136 3.219
201712 2.459 104.011 3.115
201803 2.333 105.290 2.920
201806 2.469 106.317 3.060
201809 2.445 106.507 3.025
201812 2.357 105.998 2.930
201903 2.383 107.251 2.928
201906 2.372 108.070 2.892
201909 2.436 108.329 2.963
201912 2.478 108.420 3.012
202003 2.534 108.902 3.066
202006 2.542 108.767 3.080
202009 2.530 109.815 3.036
202012 2.468 109.897 2.959
202103 2.596 111.754 3.061
202106 2.652 114.631 3.049
202109 2.702 115.734 3.077
202112 2.817 117.630 3.156
202203 2.844 121.301 3.090
202206 3.001 125.017 3.163
202209 3.292 125.227 3.464
202212 3.066 125.222 3.226
202303 3.109 127.348 3.217
202306 3.286 128.729 3.364
202309 3.570 129.860 3.623
202312 3.772 129.419 3.841
202403 3.979 131.776 3.979

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


Lifeway Foods  (FRA:LWF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Lifeway Foods Cyclically Adjusted PB Ratio Related Terms

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


Lifeway Foods (FRA:LWF) Business Description

Traded in Other Exchanges
Address
6431 West Oakton Street, Morton Grove, IL, USA, 60053
Lifeway Foods Inc is engaged in manufacturing probiotic, cultured, functional dairy health food products. Its primary product is drinkable kefir which is a cultured dairy product. Its product categories are Drinkable Kefir which is the key revenue-driving product, European-style soft cheeses, Cream, ProBugs, Frozen Kefir and Other dairy. The company manufacture and market products under the Lifeway and Fresh Made brand names, as well as under private labels on behalf of customers. It sells the products primarily through direct sales force, brokers, and distributors.

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