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United Natural Foods (United Natural Foods) Cyclically Adjusted PB Ratio : 0.27 (As of Apr. 27, 2024)


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What is United Natural Foods Cyclically Adjusted PB Ratio?

As of today (2024-04-27), United Natural Foods's current share price is $9.13. United Natural Foods's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $33.72. United Natural Foods's Cyclically Adjusted PB Ratio for today is 0.27.

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

UNFI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.21   Med: 1.51   Max: 5.6
Current: 0.26

During the past years, United Natural Foods's highest Cyclically Adjusted PB Ratio was 5.60. The lowest was 0.21. And the median was 1.51.

UNFI's Cyclically Adjusted PB Ratio is ranked better than
93.09% of 217 companies
in the Retail - Defensive industry
Industry Median: 1.58 vs UNFI: 0.26

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.

United Natural Foods's adjusted book value per share data for the three months ended in Jan. 2024 was $28.481. 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 $33.72 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Natural Foods Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United Natural 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.

United Natural Foods Cyclically Adjusted PB Ratio Chart

United Natural Foods Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.72 1.13 1.31 0.62

United Natural Foods 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 1.27 0.82 0.62 0.43 0.44

Competitive Comparison of United Natural Foods's Cyclically Adjusted PB Ratio

For the Food Distribution subindustry, United Natural 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.


United Natural Foods's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, United Natural Foods's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



United Natural 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.

United Natural Foods's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.13/33.72
=0.27

* 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.

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

For example, United Natural Foods'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)
=28.481/129.4194*129.4194
=28.481

Current CPI (Jan. 2024) = 129.4194.

United Natural Foods Quarterly Data

Book Value per Share CPI Adj_Book
201404 24.185 100.023 31.293
201407 24.982 100.520 32.164
201410 25.599 100.176 33.072
201501 26.075 98.604 34.224
201504 27.014 99.824 35.023
201507 27.569 100.691 35.435
201510 28.231 100.346 36.410
201601 28.640 99.957 37.082
201604 29.584 100.947 37.928
201607 30.159 101.524 38.446
201610 30.693 101.988 38.948
201701 31.432 102.456 39.704
201704 32.191 103.167 40.382
201707 33.225 103.278 41.635
201710 33.623 104.070 41.813
201801 34.811 104.578 43.080
201804 35.929 105.708 43.988
201807 36.618 106.324 44.572
201810 36.054 106.695 43.733
201901 29.230 106.200 35.621
201904 29.982 107.818 35.989
201907 28.496 108.250 34.069
201910 21.055 108.577 25.097
202001 20.576 108.841 24.466
202004 21.395 108.173 25.597
202007 20.936 109.318 24.786
202010 20.489 109.861 24.137
202101 21.910 110.364 25.693
202104 23.117 112.673 26.553
202107 26.862 115.183 30.182
202110 27.349 116.696 30.331
202201 28.935 118.619 31.569
202204 30.565 121.978 32.430
202207 30.720 125.002 31.806
202210 30.634 125.734 31.532
202301 30.906 126.223 31.689
202304 31.098 127.992 31.445
202307 29.795 128.974 29.898
202310 28.603 129.810 28.517
202401 28.481 129.419 28.481

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.


United Natural Foods  (NYSE:UNFI) 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.


United Natural Foods Cyclically Adjusted PB Ratio Related Terms

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


United Natural Foods (United Natural Foods) Business Description

Traded in Other Exchanges
Address
313 Iron Horse Way, Providence, RI, USA, 02908
United Natural Foods Inc is a wholesale distributor of natural, organic and specialty foods and nonfood products across North America. The company's products consist of national, regional and private label brands grouped into grocery and general merchandise, produce, perishables and frozen foods, nutritional supplements and sports nutrition, bulk and foodservice products, and personal care items. United Natural Foods serves various retail formats including conventional supermarket chains, natural product superstores, independent retail operators and foodservice channels such as e-commerce platforms. The company's operations are comprised of principal divisions: the wholesale division; the retail division; and other.
Executives
Andre Persaud officer: President and CEO, Retail 30 HUNTER LANE, CAMP HILL PA 17011
Bates Ann Torre director 300 CONTINENTAL DRIVE, NEWARK DE 19713
John W Howard officer: Interim CFO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Douglas J Alexander Jr director, officer: Chief Executive Officer 3925 BROOKSIDE PARKWAY, ALPHARETTA GA 30022
Lynn S. Blake director 250 WEST 34TH STREET, 3RD FLOOR, C/O WISDOMTREE INVESTMENTS, INC., NEW YORK NY 10119
James M Loree director 1000 STANLEY DRIVE, NEW BRITAIN CT 06053
James C Pappas director 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027
Erin Horvath officer: COO 313 IRON HORSE WAY, C/O IRON HORSE WAY, PROVIDENCE RI 02908
Danielle Benedict officer: SVP, Human Resources 313 IRON HORSE WAY, PROVIDENCE RI 02908
Christopher P. Testa officer: President, Blue Marble Brands C/O UNITED NATURAL FOODS, INC., 313 IRON HORSE WAY, PROVIDENCE RI 02908
Richard Eric Esper officer: Chief Accounting Officer 8501 WILLIAMS ROAD, ESTERO FL 33928
Mahrukh Hussain officer: General Counsel and Corp. Sec. 313 IRON HORSE WAY, PROVIDENCE RI 02908
Louis Anthony Martin officer: CSTO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Matthew T Echols officer: CCAO 313 IRON HORSE WAY, PROVIDENCE RI 02908
Mohammad Shamim director 12800 TUCKAHOE CREEK PARKWAY, RICHMOND VA 23238

United Natural Foods (United Natural Foods) Headlines

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