GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Bunge Global SA (STU:Q23) » Definitions » Cyclically Adjusted PB Ratio

Bunge Global (STU:Q23) Cyclically Adjusted PB Ratio : 1.85 (As of Jun. 04, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Bunge Global Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Bunge Global's current share price is €98.90. Bunge Global's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €53.47. Bunge Global's Cyclically Adjusted PB Ratio for today is 1.85.

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

STU:Q23' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.52   Med: 1.26   Max: 2.18
Current: 1.89

During the past years, Bunge Global's highest Cyclically Adjusted PB Ratio was 2.18. The lowest was 0.52. And the median was 1.26.

STU:Q23's Cyclically Adjusted PB Ratio is ranked worse than
62.77% of 1327 companies
in the Consumer Packaged Goods industry
Industry Median: 1.35 vs STU:Q23: 1.89

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.

Bunge Global's adjusted book value per share data for the three months ended in Mar. 2024 was €68.560. 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 €53.47 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bunge Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bunge Global'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.

Bunge Global Cyclically Adjusted PB Ratio Chart

Bunge Global 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 0.95 1.14 1.66 1.77 1.79

Bunge Global 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 1.69 1.66 1.90 1.79 1.79

Competitive Comparison of Bunge Global's Cyclically Adjusted PB Ratio

For the Farm Products subindustry, Bunge Global'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.


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

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

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



Bunge Global 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=98.90/53.47
=1.85

* 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.

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

For example, Bunge Global'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)
=68.56/131.7762*131.7762
=68.560

Current CPI (Mar. 2024) = 131.7762.

Bunge Global Quarterly Data

Book Value per Share CPI Adj_Book
201406 47.820 100.560 62.665
201409 46.163 100.428 60.573
201412 43.171 99.070 57.423
201503 41.856 99.621 55.366
201506 41.588 100.684 54.431
201509 36.002 100.392 47.257
201512 37.053 99.792 48.929
201603 39.094 100.470 51.275
201606 41.080 101.688 53.235
201609 40.846 101.861 52.842
201612 43.859 101.863 56.739
201703 44.878 102.862 57.493
201706 41.382 103.349 52.764
201709 40.909 104.136 51.767
201712 38.799 104.011 49.156
201803 36.693 105.290 45.924
201806 33.344 106.317 41.329
201809 33.956 106.507 42.012
201812 34.154 105.998 42.460
201903 33.844 107.251 41.583
201906 35.273 108.070 43.011
201909 24.178 108.329 29.411
201912 33.147 108.420 40.288
202003 26.562 108.902 32.141
202006 28.000 108.767 33.923
202009 28.191 109.815 33.829
202012 31.630 109.897 37.927
202103 35.364 111.754 41.700
202106 38.034 114.631 43.723
202109 41.187 115.734 46.896
202112 43.787 117.630 49.053
202203 51.377 121.301 55.814
202206 54.386 125.017 57.327
202209 58.693 125.227 61.763
202212 58.085 125.222 61.125
202303 61.745 127.348 63.892
202306 64.799 128.729 66.333
202309 65.624 129.860 66.593
202312 66.370 129.419 67.579
202403 68.560 131.776 68.560

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.


Bunge Global  (STU:Q23) 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.


Bunge Global Cyclically Adjusted PB Ratio Related Terms

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


Bunge Global (STU:Q23) Business Description

Traded in Other Exchanges
Address
1391 Timberlake Manor Parkway, Chesterfield, MO, USA, 63017
Bunge Global SA formerly Bunge Ltd is a global agribusiness and food company with operations along the farm-to-consumer food chain. The company segments include Agribusiness; Refined and Specialty Oils; Milling; Sugar and Bioenergy and Corporate and Other. It generates maximum revenue from the Agribusiness segment. The company is a leading oilseed processor and seller of packaged vegetable oils and other food and ingredients products.

Bunge Global (STU:Q23) Headlines

No Headlines