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Jollibee Foods (Jollibee Foods) Cyclically Adjusted PB Ratio : 3.88 (As of May. 26, 2024)


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What is Jollibee Foods Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Jollibee Foods's current share price is $3.88. Jollibee Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.00. Jollibee Foods's Cyclically Adjusted PB Ratio for today is 3.88.

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

JBFCF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.2   Med: 5.41   Max: 12.56
Current: 4.13

During the past years, Jollibee Foods's highest Cyclically Adjusted PB Ratio was 12.56. The lowest was 3.20. And the median was 5.41.

JBFCF's Cyclically Adjusted PB Ratio is ranked worse than
73.16% of 231 companies
in the Restaurants industry
Industry Median: 2.05 vs JBFCF: 4.13

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.

Jollibee Foods's adjusted book value per share data for the three months ended in Mar. 2024 was $1.211. 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 $1.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jollibee Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jollibee 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.

Jollibee Foods Cyclically Adjusted PB Ratio Chart

Jollibee 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 7.10 5.49 5.12 4.71 4.68

Jollibee 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 4.48 4.65 4.33 4.68 4.53

Competitive Comparison of Jollibee Foods's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Jollibee 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.


Jollibee Foods's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Jollibee Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jollibee 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.88/1
=3.88

* 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.

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

For example, Jollibee 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)
=1.211/131.7762*131.7762
=1.211

Current CPI (Mar. 2024) = 131.7762.

Jollibee Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.402 100.560 0.527
201409 0.427 100.428 0.560
201412 0.446 99.070 0.593
201503 0.466 99.621 0.616
201506 0.478 100.684 0.626
201509 0.505 100.392 0.663
201512 0.500 99.792 0.660
201603 0.521 100.470 0.683
201606 0.514 101.688 0.666
201609 0.538 101.861 0.696
201612 0.544 101.863 0.704
201703 0.563 102.862 0.721
201706 0.592 103.349 0.755
201709 0.612 104.136 0.774
201712 0.634 104.011 0.803
201803 0.689 105.290 0.862
201806 0.705 106.317 0.874
201809 0.749 106.507 0.927
201812 0.761 105.998 0.946
201903 0.792 107.251 0.973
201906 0.785 108.070 0.957
201909 0.814 108.329 0.990
201912 0.853 108.420 1.037
202003 1.256 108.902 1.520
202006 1.096 108.767 1.328
202009 1.056 109.815 1.267
202012 1.072 109.897 1.285
202103 1.073 111.754 1.265
202106 1.077 114.631 1.238
202109 1.128 115.734 1.284
202112 0.989 117.630 1.108
202203 1.026 121.301 1.115
202206 1.045 125.017 1.102
202209 1.095 125.227 1.152
202212 1.082 125.222 1.139
202303 1.109 127.348 1.148
202306 1.122 128.729 1.149
202309 1.165 129.860 1.182
202312 1.169 129.419 1.190
202403 1.211 131.776 1.211

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.


Jollibee Foods  (OTCPK:JBFCF) 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.


Jollibee Foods Cyclically Adjusted PB Ratio Related Terms

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


Jollibee Foods (Jollibee Foods) Business Description

Traded in Other Exchanges
Address
10 F. Ortigas Junior avenue, 10th Floor, Jollibee Plaza Building, Ortigas Centre, Pasig, PHL, 1605
Jollibee Foods Corp is engaged in operating and franchising quick-service restaurants. The company has three business segments; The food service segment is involved in the operations of QSRs and the manufacture of food, products to be sold to JFC Group-owned and franchised QSR outlets, The franchising segment is involved in the franchising of the JFC Group's QSR store concepts, and The leasing segment leases store sites mainly to the JFC Group's independent franchisees. The group's geographical segments are based on the location of the assets producing revenues in the Philippines and in other locations which include PRC, USA, Canada, Vietnam, Singapore, Malaysia, Italy, UK, UAE, Hongkong, Macau, Brunei, Taiwan, and Australia.

Jollibee Foods (Jollibee Foods) Headlines

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