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Marfrig Global Foods (STU:MGP1) Cyclically Adjusted PB Ratio : 2.44 (As of Jun. 01, 2024)


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What is Marfrig Global Foods Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Marfrig Global Foods's current share price is €1.78. Marfrig Global Foods's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.73. Marfrig Global Foods's Cyclically Adjusted PB Ratio for today is 2.44.

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

STU:MGP1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.56   Max: 4.35
Current: 2.42

During the past years, Marfrig Global Foods's highest Cyclically Adjusted PB Ratio was 4.35. The lowest was 0.46. And the median was 1.56.

STU:MGP1's Cyclically Adjusted PB Ratio is ranked worse than
70.66% of 1326 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs STU:MGP1: 2.42

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.

Marfrig Global Foods's adjusted book value per share data for the three months ended in Mar. 2024 was €1.468. 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 €0.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Marfrig Global Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Marfrig Global 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.

Marfrig Global Foods Cyclically Adjusted PB Ratio Chart

Marfrig Global 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 1.07 1.90 3.59 1.75 2.09

Marfrig Global 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 1.36 1.53 1.54 2.09 2.21

Competitive Comparison of Marfrig Global Foods's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Marfrig Global 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.


Marfrig Global Foods's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Marfrig Global 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.78/0.73
=2.44

* 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.

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

For example, Marfrig Global 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)
=1.468/159.3724*159.3724
=1.468

Current CPI (Mar. 2024) = 159.3724.

Marfrig Global Foods Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.845 91.838 3.202
201409 1.553 92.602 2.673
201412 1.146 94.194 1.939
201503 0.371 97.799 0.605
201506 0.399 100.006 0.636
201509 0.368 101.392 0.578
201512 0.291 104.247 0.445
201603 0.383 106.979 0.571
201606 0.762 108.851 1.116
201609 0.702 109.986 1.017
201612 0.489 110.802 0.703
201703 1.339 111.869 1.908
201706 1.075 112.115 1.528
201709 1.110 112.777 1.569
201712 0.982 114.068 1.372
201803 0.864 114.868 1.199
201806 0.231 117.038 0.315
201809 0.069 117.881 0.093
201812 0.245 118.340 0.330
201903 0.265 120.124 0.352
201906 0.310 120.977 0.408
201909 0.125 121.292 0.164
201912 0.192 123.436 0.248
202003 -0.273 124.092 -0.351
202006 0.090 123.557 0.116
202009 0.217 125.095 0.276
202012 0.481 129.012 0.594
202103 0.498 131.660 0.603
202106 1.004 133.871 1.195
202109 1.138 137.913 1.315
202112 0.918 141.992 1.030
202203 0.923 146.537 1.004
202206 1.972 149.784 2.098
202209 1.984 147.800 2.139
202212 1.511 150.207 1.603
202303 1.306 153.352 1.357
202306 1.203 154.519 1.241
202309 1.241 155.464 1.272
202312 1.537 157.148 1.559
202403 1.468 159.372 1.468

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.


Marfrig Global Foods  (STU:MGP1) 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.


Marfrig Global Foods Cyclically Adjusted PB Ratio Related Terms

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


Marfrig Global Foods (STU:MGP1) Business Description

Traded in Other Exchanges
Address
Avenida Queiroz Filho, 1560, Torre Sabia, 3rd Floor, Vila Hamburguesa, Sao Paulo, SP, BRA, 05319-000
Marfrig Global Foods SA is a Brazilian-based food processing company that produces, processes, and distributes meat and non-meat products. The company has operations worldwide, including in Brazil, Argentina, Chile, Uruguay, and the United States. The company's activities include production and processing of foods made from animal proteins as well as other products such as frozen vegetables and sauces. The company organizes itself into four main segments: Beef - North America, Beef - South America, Poultry, Pork and Processed Products - BRF and Corporate. The company earns more than half of its revenue through its operations in Beef - North America.

Marfrig Global Foods (STU:MGP1) Headlines

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