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Limoneira Co (STU:2L2) Cyclically Adjusted PB Ratio : 1.65 (As of Jun. 02, 2024)


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What is Limoneira Co Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Limoneira Co's current share price is €18.00. Limoneira Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was €10.90. Limoneira Co's Cyclically Adjusted PB Ratio for today is 1.65.

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

STU:2L2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1   Med: 1.64   Max: 3.37
Current: 1.7

During the past years, Limoneira Co's highest Cyclically Adjusted PB Ratio was 3.37. The lowest was 1.00. And the median was 1.64.

STU:2L2's Cyclically Adjusted PB Ratio is ranked worse than
58.07% of 1326 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs STU:2L2: 1.70

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.

Limoneira Co's adjusted book value per share data for the three months ended in Jan. 2024 was €8.827. 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 €10.90 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Limoneira Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Limoneira Co'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.

Limoneira Co Cyclically Adjusted PB Ratio Chart

Limoneira Co Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.27 1.55 1.61 1.07 1.22

Limoneira Co Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 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 1.16 1.45 1.33 1.22 1.54

Competitive Comparison of Limoneira Co's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Limoneira Co'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.


Limoneira Co's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Limoneira Co 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.

Limoneira Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/10.9
=1.65

* 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.

Limoneira Co's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Limoneira Co's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=8.827/130.1244*130.1244
=8.827

Current CPI (Jan. 2024) = 130.1244.

Limoneira Co Quarterly Data

Book Value per Share CPI Adj_Book
201404 5.603 100.023 7.289
201407 6.246 100.520 8.086
201410 6.632 100.176 8.615
201501 6.938 98.604 9.156
201504 7.800 99.824 10.168
201507 8.064 100.691 10.421
201510 7.644 100.346 9.912
201601 7.596 99.957 9.888
201604 7.382 100.947 9.516
201607 8.246 101.524 10.569
201610 8.101 101.988 10.336
201701 8.154 102.456 10.356
201704 8.399 103.167 10.594
201707 8.341 103.278 10.509
201710 8.047 104.070 10.062
201801 8.317 104.578 10.349
201804 8.684 105.708 10.690
201807 10.948 106.324 13.399
201810 10.775 106.695 13.141
201901 10.541 106.200 12.916
201904 10.781 107.818 13.011
201907 10.668 108.250 12.824
201910 10.501 108.577 12.585
202001 9.983 108.841 11.935
202004 9.863 108.173 11.864
202007 9.459 109.318 11.259
202010 8.787 109.861 10.408
202101 8.247 110.364 9.724
202104 8.481 112.673 9.795
202107 8.668 115.183 9.792
202110 8.601 116.696 9.591
202201 8.427 118.619 9.244
202204 8.783 121.978 9.370
202207 9.645 125.002 10.040
202210 9.725 125.734 10.065
202301 9.817 126.223 10.120
202304 9.457 127.992 9.615
202307 9.255 128.974 9.338
202310 9.421 129.810 9.444
202401 8.827 130.124 8.827

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.


Limoneira Co  (STU:2L2) 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.


Limoneira Co Cyclically Adjusted PB Ratio Related Terms

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


Limoneira Co (STU:2L2) Business Description

Traded in Other Exchanges
Address
1141 Cummings Road, Santa Paula, CA, USA, 93060
Limoneira Co is an agribusiness company. The company's operating segments include Fresh Lemons; Lemon Packing; Avocados and Other Agribusiness. It generates maximum revenue from the Fresh Lemons segment.

Limoneira Co (STU:2L2) Headlines

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