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Boston Beer Co (MEX:SAM) Cyclically Adjusted Book per Share : MXN1,187.95 (As of Jun. 2024)


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What is Boston Beer Co 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.

Boston Beer Co's adjusted book value per share for the three months ended in Jun. 2024 was MXN1,620.510. 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 MXN1,187.95 for the trailing ten years ended in Jun. 2024.

During the past 12 months, Boston Beer Co's average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 19.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 20.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 18.10% 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 Boston Beer Co was 21.70% per year. The lowest was 9.40% per year. And the median was 15.85% per year.

As of today (2024-10-09), Boston Beer Co's current stock price is MXN5000.00. Boston Beer Co's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was MXN1,187.95. Boston Beer Co's Cyclically Adjusted PB Ratio of today is 4.21.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Boston Beer Co was 32.68. The lowest was 3.91. And the median was 9.70.


Boston Beer Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for Boston Beer Co'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.

Boston Beer Co Cyclically Adjusted Book per Share Chart

Boston Beer Co 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 - - 953.57 1,260.60 1,099.17

Boston Beer Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1,109.87 1,034.76 1,099.17 1,333.47 1,187.95

Competitive Comparison of Boston Beer Co's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Boston Beer Co'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.


Boston Beer Co's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

For the Beverages - Alcoholic industry and Consumer Defensive sector, Boston Beer Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Boston Beer Co's Cyclically Adjusted PB Ratio falls into.



Boston Beer Co 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, Boston Beer Co's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book= Book Value per Share /CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=1620.51/132.5538*132.5538
=1,620.510

Current CPI (Jun. 2024) = 132.5538.

Boston Beer Co Quarterly Data

Book Value per Share CPI Adj_Book
201409 426.582 100.428 563.042
201412 492.212 99.070 658.572
201503 564.841 99.621 751.566
201506 609.437 100.684 802.345
201509 644.061 100.392 850.398
201512 621.703 99.792 825.805
201603 588.286 100.470 776.144
201606 615.955 101.688 802.918
201609 697.162 101.861 907.231
201612 744.418 101.863 968.710
201703 664.200 102.862 855.924
201706 633.735 103.349 812.818
201709 639.966 104.136 814.610
201712 715.748 104.011 912.163
201803 677.399 105.290 852.809
201806 746.416 106.317 930.618
201809 707.229 106.507 880.188
201812 786.037 105.998 982.965
201903 822.440 107.251 1,016.476
201906 867.679 108.070 1,064.261
201909 1,179.500 108.329 1,443.257
201912 1,151.999 108.420 1,408.427
202003 1,471.513 108.902 1,791.111
202006 1,572.991 108.767 1,916.991
202009 1,666.413 109.815 2,011.470
202012 1,562.543 109.897 1,884.686
202103 1,719.292 111.754 2,039.282
202106 1,762.604 114.631 2,038.184
202109 1,728.732 115.734 1,979.966
202112 1,646.587 117.630 1,855.499
202203 1,596.634 121.301 1,744.750
202206 1,708.596 125.017 1,811.604
202209 1,757.117 125.227 1,859.930
202212 1,692.868 125.222 1,791.989
202303 1,530.883 127.348 1,593.466
202306 1,524.200 128.729 1,569.491
202309 1,602.296 129.860 1,635.540
202312 1,511.989 129.419 1,548.608
202403 1,450.463 131.776 1,459.022
202406 1,620.510 132.554 1,620.510

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


Boston Beer Co  (MEX:SAM) 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.

Boston Beer Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=5000.00/1187.95
=4.21

* 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 Boston Beer Co was 32.68. The lowest was 3.91. And the median was 9.70.


Be Aware

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


Boston Beer Co Cyclically Adjusted Book per Share Related Terms

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


Boston Beer Co Business Description

Traded in Other Exchanges
Address
One Design Center Place, Suite 850, Boston, MA, USA, 02210
Boston Beer is a top player in high-end malt beverages and adjacent categories in the us, with strong positions in craft beer, flavored malt beverages, hard cider, and hard seltzer. The bulk of volume and revenue is concentrated in four brands: Samuel Adams, Angry Orchard, Twisted Tea, and Truly. Beverages are produced using a hybrid model leveraging both in-house capacities and third-party breweries through contract arrangements. While the firm is required to use distributors to reach end markets, including retailers and on-premises operators, it also employs 500 internal sales representatives to educate the market about its products. The firm generates over 95% of sales in the us.