GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bakkafrost P/F (OSL:BAKKA) » Definitions » Cyclically Adjusted PB Ratio

Bakkafrost P/F (OSL:BAKKA) Cyclically Adjusted PB Ratio : 3.45 (As of May. 26, 2024)


View and export this data going back to 2010. Start your Free Trial

What is Bakkafrost P/F Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Bakkafrost P/F's current share price is kr603.00. Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was kr174.84. Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is 3.45.

The historical rank and industry rank for Bakkafrost P/F's Cyclically Adjusted PB Ratio or its related term are showing as below:

OSL:BAKKA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.93   Med: 7.48   Max: 11.13
Current: 3.45

During the past years, Bakkafrost P/F's highest Cyclically Adjusted PB Ratio was 11.13. The lowest was 2.93. And the median was 7.48.

OSL:BAKKA's Cyclically Adjusted PB Ratio is ranked worse than
81.03% of 1281 companies
in the Consumer Packaged Goods industry
Industry Median: 1.34 vs OSL:BAKKA: 3.45

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.

Bakkafrost P/F's adjusted book value per share data for the three months ended in Mar. 2024 was kr295.596. 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 kr174.84 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bakkafrost P/F Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bakkafrost P/F'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.

Bakkafrost P/F Cyclically Adjusted PB Ratio Chart

Bakkafrost P/F 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 10.13 7.27 5.32 4.48 3.21

Bakkafrost P/F 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 4.65 4.18 3.41 3.21 3.99

Competitive Comparison of Bakkafrost P/F's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Bakkafrost P/F'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.


Bakkafrost P/F's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Bakkafrost P/F's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bakkafrost P/F's Cyclically Adjusted PB Ratio falls into.



Bakkafrost P/F 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.

Bakkafrost P/F's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=603.00/174.84
=3.45

* 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.

Bakkafrost P/F's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Bakkafrost P/F'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)
=295.596/131.7762*131.7762
=295.596

Current CPI (Mar. 2024) = 131.7762.

Bakkafrost P/F Quarterly Data

Book Value per Share CPI Adj_Book
201406 37.731 100.560 49.444
201409 42.835 100.428 56.206
201412 51.211 99.070 68.118
201503 52.913 99.621 69.992
201506 51.309 100.684 67.154
201509 57.952 100.392 76.069
201512 67.346 99.792 88.931
201603 72.897 100.470 95.611
201606 67.955 101.688 88.062
201609 76.046 101.861 98.380
201612 88.556 101.863 114.562
201703 91.128 102.862 116.744
201706 94.446 103.349 120.424
201709 94.387 104.136 119.440
201712 98.512 104.011 124.809
201803 102.789 105.290 128.647
201806 97.224 106.317 120.506
201809 108.053 106.507 133.689
201812 110.064 105.998 136.831
201903 114.682 107.251 140.907
201906 109.394 108.070 133.391
201909 149.503 108.329 181.861
201912 189.039 108.420 229.762
202003 208.251 108.902 251.994
202006 209.000 108.767 253.212
202009 215.305 109.815 258.363
202012 210.504 109.897 252.413
202103 211.791 111.754 249.735
202106 217.066 114.631 249.531
202109 220.849 115.734 251.461
202112 215.935 117.630 241.904
202203 209.193 121.301 227.258
202206 240.821 125.017 253.842
202209 243.807 125.227 256.559
202212 247.391 125.222 260.340
202303 278.953 127.348 288.653
202306 272.624 128.729 279.078
202309 271.649 129.860 275.658
202312 283.163 129.419 288.320
202403 295.596 131.776 295.596

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.


Bakkafrost P/F  (OSL:BAKKA) 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.


Bakkafrost P/F Cyclically Adjusted PB Ratio Related Terms

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


Bakkafrost P/F (OSL:BAKKA) Business Description

Address
Bakkavegur 9, P.O. Box 221, Glyvrar, FRO, FO-625
Bakkafrost P/F is a salmon producer based in the Faroe Islands. The company's activities include farming, harvesting, packaging, processing, and sales. The salmon products consist of whole salmon, frozen salmon portions, salmon heads, backbones, belly flaps, and salmon skin. Bakkafrost divides its operations into three segments. The fish farming segment involves the breeding, processing, sales, and distribution of salmon and contributes to the majority of the group revenue. The value-added products segment produces skinless and boneless portions of salmon. The fishmeal, oil and feed segment is engaged in the production and sale of fishmeal, fish oil and fish feed through Bakkafrost's subsidiary Havsbrun.

Bakkafrost P/F (OSL:BAKKA) Headlines

No Headlines