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Darling Ingredients (Darling Ingredients) Cyclically Adjusted PB Ratio : 2.38 (As of Apr. 27, 2024)


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What is Darling Ingredients Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Darling Ingredients's current share price is $44.67. Darling Ingredients's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $18.78. Darling Ingredients's Cyclically Adjusted PB Ratio for today is 2.38.

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

DAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.24   Med: 2.47   Max: 6.16
Current: 2.41

During the past years, Darling Ingredients's highest Cyclically Adjusted PB Ratio was 6.16. The lowest was 1.24. And the median was 2.47.

DAR's Cyclically Adjusted PB Ratio is ranked worse than
72.74% of 1229 companies
in the Consumer Packaged Goods industry
Industry Median: 1.32 vs DAR: 2.41

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.

Darling Ingredients's adjusted book value per share data for the three months ended in Dec. 2023 was $28.868. 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 $18.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Darling Ingredients Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Darling Ingredients'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.

Darling Ingredients Cyclically Adjusted PB Ratio Chart

Darling Ingredients 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 2.46 4.51 4.70 3.72 2.65

Darling Ingredients 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 3.35 3.54 2.82 2.65 -

Competitive Comparison of Darling Ingredients's Cyclically Adjusted PB Ratio

For the Packaged Foods subindustry, Darling Ingredients'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.


Darling Ingredients's Cyclically Adjusted PB Ratio Distribution in the Consumer Packaged Goods Industry

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

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



Darling Ingredients 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.

Darling Ingredients's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=44.67/18.78
=2.38

* 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.

Darling Ingredients's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Darling Ingredients'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)
=28.868/129.4194*129.4194
=28.868

Current CPI (Dec. 2023) = 129.4194.

Darling Ingredients Quarterly Data

Book Value per Share CPI Adj_Book
201403 12.107 99.695 15.717
201406 12.301 100.560 15.831
201409 11.970 100.428 15.426
201412 11.857 99.070 15.489
201503 11.214 99.621 14.568
201506 11.298 100.684 14.522
201509 11.014 100.392 14.199
201512 11.356 99.792 14.727
201603 11.711 100.470 15.085
201606 11.885 101.688 15.126
201609 12.052 101.861 15.313
201612 11.986 101.863 15.229
201703 12.143 102.862 15.278
201706 12.537 103.349 15.700
201709 12.891 104.136 16.021
201712 13.634 104.011 16.965
201803 14.366 105.290 17.658
201806 13.746 106.317 16.733
201809 13.692 106.507 16.638
201812 13.804 105.998 16.854
201903 13.903 107.251 16.777
201906 14.221 108.070 17.030
201909 14.066 108.329 16.804
201912 15.667 108.420 18.701
202003 15.715 108.902 18.676
202006 16.260 108.767 19.347
202009 17.116 109.815 20.172
202012 17.829 109.897 20.996
202103 18.183 111.754 21.057
202106 19.244 114.631 21.727
202109 19.814 115.734 22.157
202112 20.405 117.630 22.450
202203 21.209 121.301 22.628
202206 21.717 125.017 22.482
202209 22.339 125.227 23.087
202212 23.811 125.222 24.609
202303 25.272 127.348 25.683
202306 27.389 128.729 27.536
202309 27.460 129.860 27.367
202312 28.868 129.419 28.868

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.


Darling Ingredients  (NYSE:DAR) 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.


Darling Ingredients Cyclically Adjusted PB Ratio Related Terms

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


Darling Ingredients (Darling Ingredients) Business Description

Traded in Other Exchanges
Address
5601 N MacArthur Boulevard, Irving, TX, USA, 75038
Darling Ingredients Inc develops and manufactures sustainable ingredients for customers in the pharmaceutical, food, pet food, fuel, and fertilizer industries. It collects and transforms all aspects of animal by-product streams into ingredients, including gelatin, fats, proteins, pet food ingredients, fertilizers, and other specialty products. Also, the company recovers and converts used cooking oil and bakery remnants into feed and fuel ingredients. Darling has three primary business segments: feed ingredients (the majority of revenue), food ingredients, and fuel ingredients. It provides grease trap services for food businesses and sells various equipment for collecting and delivering cooking oil. The company derives the majority of its revenue from customers in North America.
Executives
Joseph Manzi officer: Chief Accounting Officer 5601 N. MACARTHUR BLVD., IRVING TX 75038
Robert W Day officer: EVP Chief Strategy Officer 5601 N. MACARTHUR BLVD, IRVING TX 75038
Matthew J Jansen officer: COO North America C/O DARLING INGREDIENTS INC., 5601 N. MACARTHUR BLVD, IRVING TX 75038
Patrick Mcnutt officer: EVP Chief Admin Officer 5601 N. MACARTHUR BLVD, IRVING TX 75038
Charles L Adair director 251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
John Bullock officer: EVP Chief Strategy Officer 251 O'CONNOR RIDGE BLVD., SUITE 300, IRVING TX 75038
Randall C Stuewe director, officer: Chairman and CEO
Van Der Velden Jan officer: EVP Int Rendering&Specialties 251 O'CONNOR RIDGE BLVD, SUITE 300, IRVING TX 75038
Gary W. Mize director GEVO, INC., 345 INVERNESS DRIVE SOUTH, BUILDING C, SUITE 310, ENGLEWOOD CO 80112
Brandon Lairmore officer: EVP US Rendering Operations 4221 E. ALEXANDRIA PIKE, COLD SPRING KY 41076
Larry Barden director 5601 N. MACARTHUR BLVD, IRVING TX 75038
Enderson Guimaraes director PEPSICO, INC., 700 ANDERSON HILL ROAD, PURCHASE NY 10577
Celeste A. Clark director C/O ADVANCEPIERRE FOODS HOLDINGS, INC., 9987 CARVER ROAD, BLUE ASH OH 45242
Kurt Stoffel director 5601 N. MACARTHUR BLVD, IRVING TX 75038
Elizabeth Albright director C/O THE CHEMOURS COMPANY, 1007 MARKET STREET, WILMINGTON DE 19898