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AFC Group Holdings (NZSE:AFC) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is AFC Group Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AFC Group Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AFC Group Holdings'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.

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AFC Group Holdings Cyclically Adjusted PB Ratio Chart

AFC Group Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
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AFC Group Holdings Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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Competitive Comparison of AFC Group Holdings's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, AFC Group Holdings'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.


AFC Group Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, AFC Group Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where AFC Group Holdings's Cyclically Adjusted PB Ratio falls into.



AFC Group Holdings 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.

AFC Group Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, AFC Group Holdings's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=0/129.5261*129.5261
=0.000

Current CPI (Mar24) = 129.5261.

AFC Group Holdings Annual Data

Book Value per Share CPI Adj_Book
201503 -0.002 99.646 -0.003
201603 0.001 100.063 0.001
201703 0.001 102.231 0.001
201803 0.001 103.355 0.001
201903 0.001 104.889 0.001
202003 0.001 107.547 0.001
202103 0.000 109.182 0.000
202203 0.000 116.747 0.000
202303 0.000 124.517 0.000
202403 0.000 129.526 0.000

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.


AFC Group Holdings  (NZSE:AFC) 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.


AFC Group Holdings Cyclically Adjusted PB Ratio Related Terms

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AFC Group Holdings (NZSE:AFC) Business Description

Traded in Other Exchanges
N/A
Address
Level 15, Tower 2, 205 Queen Street, Auckland, NZL, 1010
AFC Group Holdings Ltd operates in the production, manufacture, distribution, and purchase of food, health, and cosmetic products. The business activities of the group are operated through International Marketing; Vineyard and Winery; Corporate; and Manufacturing segments. International Marketing segment which generates majority revenue sources packaged food, cosmetics, and health products. Vineyard and Winery segment produces and sells a number of varietals and blends of wine. The corporate segment provides accounting, management, and administration services. Manufacturing segment covers a face-mask production line.