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STZ (Constellation Brands) Cyclically Adjusted Book per Share : $59.90 (As of May. 2025)


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What is Constellation Brands 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.

Constellation Brands's adjusted book value per share for the three months ended in May. 2025 was $40.813. 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 $59.90 for the trailing ten years ended in May. 2025.

During the past 12 months, Constellation Brands's average Cyclically Adjusted Book Growth Rate was 2.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 15.20% 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 Constellation Brands was 24.10% per year. The lowest was 8.00% per year. And the median was 13.90% per year.

As of today (2025-07-05), Constellation Brands's current stock price is $172.32. Constellation Brands's Cyclically Adjusted Book per Share for the quarter that ended in May. 2025 was $59.90. Constellation Brands's Cyclically Adjusted PB Ratio of today is 2.88.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Constellation Brands was 10.14. The lowest was 2.69. And the median was 5.71.


Constellation Brands Cyclically Adjusted Book per Share Historical Data

The historical data trend for Constellation Brands'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.

Constellation Brands Cyclically Adjusted Book per Share Chart

Constellation Brands Annual Data
Trend Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 39.61 47.35 53.46 57.25 59.59

Constellation Brands Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25
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 58.44 58.72 58.96 59.59 59.90

Competitive Comparison of Constellation Brands's Cyclically Adjusted Book per Share

For the Beverages - Brewers subindustry, Constellation Brands'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.


Constellation Brands's Cyclically Adjusted PB Ratio Distribution in the Beverages - Alcoholic Industry

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

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


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Constellation Brands 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, Constellation Brands's adjusted Book Value per Share data for the three months ended in May. 2025 was:

Adj_Book= Book Value per Share /CPI of May. 2025 (Change)*Current CPI (May. 2025)
=40.813/135.3468*135.3468
=40.813

Current CPI (May. 2025) = 135.3468.

Constellation Brands Quarterly Data

Book Value per Share CPI Adj_Book
201508 30.903 100.548 41.598
201511 32.588 100.135 44.048
201602 32.887 100.040 44.494
201605 34.154 101.355 45.608
201608 35.705 101.617 47.557
201611 35.261 101.829 46.867
201702 35.412 102.779 46.633
201705 37.844 103.256 49.606
201708 40.537 103.587 52.966
201711 41.057 104.072 53.395
201802 41.687 105.052 53.709
201805 55.225 106.148 70.416
201808 59.485 106.383 75.680
201811 59.289 106.338 75.463
201902 65.617 106.649 83.274
201905 63.551 108.048 79.608
201908 59.380 108.245 74.248
201911 61.100 108.519 76.205
202002 62.917 109.139 78.025
202005 57.348 108.175 71.753
202008 60.316 109.662 74.443
202011 68.658 109.793 84.638
202102 70.093 110.968 85.492
202105 63.695 113.576 75.904
202108 59.379 115.421 69.630
202111 59.230 117.269 68.361
202202 61.781 119.703 69.855
202205 60.376 123.323 66.263
202208 50.894 124.958 55.125
202211 45.461 125.607 48.986
202302 45.920 126.928 48.966
202305 46.840 128.314 49.407
202308 51.125 129.538 53.418
202311 51.806 129.548 54.125
202402 53.267 130.930 55.064
202405 56.211 132.509 57.415
202408 43.361 132.816 44.187
202411 43.257 133.110 43.984
202502 38.615 134.624 38.822
202505 40.813 135.347 40.813

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


Constellation Brands  (NYSE:STZ) 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.

Constellation Brands's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=172.32/59.90
=2.88

* 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 Constellation Brands was 10.14. The lowest was 2.69. And the median was 5.71.


Be Aware

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


Constellation Brands Cyclically Adjusted Book per Share Related Terms

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


Constellation Brands Business Description

Address
50 East Broad Street, Rochester, NY, USA, 14614
Constellation Brands is the largest provider of alcoholic beverages across the beer, wine, and spirits categories in the us, generating 82% of revenue from Mexican beer imports under top-selling brands such as Modelo and Corona. The rest of the business includes some remaining wine and spirits brands, categories where the company continue to prune assets in recent years. With its exclusive rights tied to the Mexican beer brands effective only in the us, the firm has little revenue exposure to international markets. Constellation owns a 26% stake in no-moat Canopy Growth, a medicinal and recreational cannabis producer in Canada, and has a 50/50 joint venture with glass manufacturer Owens-Illinois in Mexico.
Executives
William T Giles director 123 S. FRONT STREET, DEPT. 8074, MEMPHIS TN 38103
Wildstar Partners Llc 10 percent owner 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Ser Business Holdings Lp other: Member of 10% owner group C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Robert Sands director, 10 percent owner, officer: President & COO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Richard Sands director, 10 percent owner, officer: Chairman of Board & CEO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Sabia James A. Jr. officer: EVP & Chief Marketing Officer C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
William A Newlands director, officer: President & CEO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DR., BUILDING 100, VICTOR NY 14564
Zachary M Stern 10 percent owner C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444
Kaneenat Kristann Carey officer: EVP & Chief HR Officer 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Zmss Business Holdings Lp other: Member of 10% owner group C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVENUE, SUITE 200, DELRAY BEACH FL 33444
Robert Sands Master Trust 10 percent owner 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Garth Hankinson officer: EVP & CFO C/O CONSTELLATION BRANDS, INC., 207 HIGH POINT DRIVE, BLDG. 100, VICTOR NY 14564
Daniel J Mccarthy director FRONTIER COMMUNICATIONS, 401 MERRITT 7, NORWALK CT 06851
Michael Mcgrew officer: EVP, Chief Comm & CSR Officer 207 HIGH POINT DRIVE, BUILDING 100, VICTOR NY 14564
Family Foundation Sands other: Member of 10% owner group C/O WILDSTAR PARTNERS LLC, 110 E ATLANTIC AVE, STE. 200, DELRAY BEACH FL 33444