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AG Barr (LSE:BAG) Cyclically Adjusted PB Ratio : 2.67 (As of May. 27, 2024)


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What is AG Barr Cyclically Adjusted PB Ratio?

As of today (2024-05-27), AG Barr's current share price is £5.97. AG Barr's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 was £2.24. AG Barr's Cyclically Adjusted PB Ratio for today is 2.67.

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

LSE:BAG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.2   Med: 4.62   Max: 7.07
Current: 2.66

During the past 13 years, AG Barr's highest Cyclically Adjusted PB Ratio was 7.07. The lowest was 2.20. And the median was 4.62.

LSE:BAG's Cyclically Adjusted PB Ratio is ranked worse than
54.43% of 79 companies
in the Beverages - Non-Alcoholic industry
Industry Median: 2.33 vs LSE:BAG: 2.66

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.

AG Barr's adjusted book value per share data of for the fiscal year that ended in Jan24 was £2.637. 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 £2.24 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


AG Barr Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AG Barr'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.

AG Barr Cyclically Adjusted PB Ratio Chart

AG Barr Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.92 2.98 2.73 2.55 2.53

AG Barr Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 2.73 - 2.55 - 2.53

Competitive Comparison of AG Barr's Cyclically Adjusted PB Ratio

For the Beverages - Non-Alcoholic subindustry, AG Barr'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.


AG Barr's Cyclically Adjusted PB Ratio Distribution in the Beverages - Non-Alcoholic Industry

For the Beverages - Non-Alcoholic industry and Consumer Defensive sector, AG Barr's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AG Barr 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.

AG Barr's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.97/2.24
=2.67

* 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.

AG Barr's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 is calculated as:

For example, AG Barr's adjusted Book Value per Share data for the fiscal year that ended in Jan24 was:

Adj_Book=Book Value per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=2.637/130.0000*130.0000
=2.637

Current CPI (Jan24) = 130.0000.

AG Barr Annual Data

Book Value per Share CPI Adj_Book
201501 1.340 99.200 1.756
201601 1.542 99.900 2.007
201701 1.543 101.800 1.970
201801 1.744 104.500 2.170
201901 1.843 106.400 2.252
202001 1.859 108.300 2.231
202101 2.042 109.300 2.429
202201 2.198 114.600 2.493
202301 2.402 124.800 2.502
202401 2.637 130.000 2.637

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.


AG Barr  (LSE:BAG) 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.


AG Barr Cyclically Adjusted PB Ratio Related Terms

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


AG Barr (LSE:BAG) Business Description

Traded in Other Exchanges
Address
4 Mollins Road, Westfield House, Cumbernauld, GBR, G68 9HD
AG Barr PLC manufacture, distribute and sell a range of beverages in the United Kingdom. It distributes its products to wholesalers and retailers. The company's brands include Irn-Bru, Rubicon, Strathmore, and Funkin. It operates in three business segments which include Soft drinks, Cocktail solutions, and others. The majority of sales come from the soft drinks segment, which includes two business units, Barr Soft Drinks, and Boost Drinks. Geographically it generates key revenue from the United Kingdom.

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