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Treehouse Foods (Treehouse Foods) Cyclically Adjusted Book per Share : $44.72 (As of Dec. 2023)


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What is Treehouse Foods Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Treehouse Foods's adjusted book value per share for the three months ended in Dec. 2023 was $30.773. 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 $44.72 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Treehouse Foods's average Cyclically Adjusted Book Growth Rate was 0.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 6.20% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Treehouse Foods was 10.30% per year. The lowest was 3.70% per year. And the median was 5.30% per year.

As of today (2024-04-27), Treehouse Foods's current stock price is $35.84. Treehouse Foods's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $44.72. Treehouse Foods's Cyclically Adjusted PB Ratio of today is 0.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Treehouse Foods was 3.35. The lowest was 0.70. And the median was 1.37.


Treehouse Foods Cyclically Adjusted Book per Share Historical Data

The historical data trend for Treehouse Foods's Cyclically Adjusted Book per Share 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.

Treehouse Foods Cyclically Adjusted Book per Share Chart

Treehouse Foods Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.45 40.10 42.74 44.60 44.72

Treehouse Foods Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 44.60 45.04 45.21 45.25 44.72

Competitive Comparison of Treehouse Foods's Cyclically Adjusted Book per Share

For the Packaged Foods subindustry, Treehouse 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.


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

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

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



Treehouse Foods Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Treehouse Foods's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=30.773/129.4194*129.4194
=30.773

Current CPI (Dec. 2023) = 129.4194.

Treehouse Foods Quarterly Data

Book Value per Share CPI Adj_Book
201403 35.152 99.695 45.633
201406 36.050 100.560 46.396
201409 40.659 100.428 52.396
201412 41.236 99.070 53.869
201503 41.186 99.621 53.505
201506 41.917 100.684 53.880
201509 42.210 100.392 54.415
201512 43.010 99.792 55.779
201603 48.187 100.470 62.071
201606 48.478 101.688 61.698
201609 49.133 101.861 62.426
201612 44.103 101.863 56.034
201703 44.791 102.862 56.355
201706 44.456 103.349 55.670
201709 45.407 104.136 56.432
201712 39.988 104.011 49.756
201803 39.358 105.290 48.378
201806 38.819 106.317 47.254
201809 39.032 106.507 47.429
201812 38.571 105.998 47.094
201903 37.779 107.251 45.588
201906 35.290 108.070 42.262
201909 32.135 108.329 38.391
201912 32.578 108.420 38.888
202003 31.704 108.902 37.677
202006 31.924 108.767 37.986
202009 32.342 109.815 38.116
202012 33.363 109.897 39.290
202103 33.176 111.754 38.420
202106 33.366 114.631 37.670
202109 33.294 115.734 37.231
202112 33.072 117.630 36.387
202203 32.996 121.301 35.204
202206 32.386 125.017 33.527
202209 30.570 125.227 31.594
202212 30.071 125.222 31.079
202303 30.274 127.348 30.766
202306 30.761 128.729 30.926
202309 30.665 129.860 30.561
202312 30.773 129.419 30.773

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Treehouse Foods  (NYSE:THS) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Treehouse Foods's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=35.84/44.72
=0.80

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Treehouse Foods was 3.35. The lowest was 0.70. And the median was 1.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Treehouse Foods Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Treehouse Foods's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Treehouse Foods (Treehouse Foods) Business Description

Traded in Other Exchanges
Address
2021 Spring Road, Suite 600, Oak Brook, IL, USA, 60523
TreeHouse Foods, the largest private label manufacturer in the U.S., is the product of a slew of acquisitions, the most significant being the 2016 acquisition of Ralcorp, Conagra's former private brands business. The firm plays in over 25 categories, including snacks like pretzels and cookies, meals like pasta and dry dinners, and single-serve beverages like pods and ready-to-drink coffee. Retailers represent its most significant end-market, where it sells products for resale under retailer brands, but it also serves foodservice customers (providing a similar service as its retail business), industrial (selling bulk food for repackaging and repurposing), and branded consumer goods firms (under co-packing arrangements). Over 90% of its revenue comes from the U.S.
Executives
Mark Hunter director 1801 CALIFORNIA STREET, SUITE 4600, DENVER CO 80202
Jana Partners Management, Lp director, other: See Remarks 767 5TH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Jana Partners Llc director, other: See Remarks 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Ann Sardini director 100 PIER 1 PLACE, FORT WORTH TX 76102
Joseph Scalzo director 1225 17TH STREET, SUITE 1000, DENVER CO 80202
Scott Ostfeld director 767 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10153
Stephen Alan Landry officer: SVP, Chief Operations Officer 2021 SPRING ROAD, SUITE 600, OAK BROOK IL 60523
Jeffrey M Haye officer: SVP, Chief Procurement Officer 2021 SPRING ROAD, OAK BROOK IL 60523
Timothy J Smith officer: SVP, Division President 5 CROSBY STREET, NEW YORK NY 10013
Curt B. Craig officer: Chief Supply Chain Officer 2021 SPRING ROAD, OAK BROOK IL 60523
Kristy N. Waterman officer: EVP, General Counsel 2711 NORTH HASKELL AVENUE, SUITE 3400, DALLAS TX 75204
Lori G Roberts officer: SVP of HR 1014 SUTTON PL, ST CHARLES IL 60174
Sean Lewis officer: SVP, Chief Customer Officer 2021 SPRING ROAD, SUITE 600, OAK BROOK IL 60523
Clifford Braun officer: SVP, Chief Operations Officer 2021 SPRING ROAD, SUITE 600, OAK BROOK IL 60523
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097

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