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US Global Investors (LTS:0LHX) Cyclically Adjusted PB Ratio : 1.03 (As of Jun. 07, 2024)


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What is US Global Investors Cyclically Adjusted PB Ratio?

As of today (2024-06-07), US Global Investors's current share price is $2.66. US Global Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.58. US Global Investors's Cyclically Adjusted PB Ratio for today is 1.03.

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

LTS:0LHX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 1.09   Max: 5.46
Current: 0.95

During the past years, US Global Investors's highest Cyclically Adjusted PB Ratio was 5.46. The lowest was 0.40. And the median was 1.09.

LTS:0LHX's Cyclically Adjusted PB Ratio is ranked worse than
62.42% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs LTS:0LHX: 0.95

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.

US Global Investors's adjusted book value per share data for the three months ended in Mar. 2024 was $3.566. 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 $2.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


US Global Investors Cyclically Adjusted PB Ratio Historical Data

The historical data trend for US Global Investors'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.

US Global Investors Cyclically Adjusted PB Ratio Chart

US Global Investors Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.78 0.88 2.77 1.77 1.17

US Global Investors 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 1.03 1.17 1.07 1.06 1.02

Competitive Comparison of US Global Investors's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, US Global Investors'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.


US Global Investors's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, US Global Investors's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where US Global Investors's Cyclically Adjusted PB Ratio falls into.



US Global Investors 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.

US Global Investors's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.66/2.58
=1.03

* 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.

US Global Investors's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, US Global Investors's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=3.566/131.7762*131.7762
=3.566

Current CPI (Mar. 2024) = 131.7762.

US Global Investors Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.272 100.560 2.977
201409 2.218 100.428 2.910
201412 2.099 99.070 2.792
201503 2.007 99.621 2.655
201506 1.858 100.684 2.432
201509 1.748 100.392 2.294
201512 1.639 99.792 2.164
201603 1.639 100.470 2.150
201606 1.609 101.688 2.085
201609 1.663 101.861 2.151
201612 1.632 101.863 2.111
201703 1.610 102.862 2.063
201706 1.572 103.349 2.004
201709 2.252 104.136 2.850
201712 2.574 104.011 3.261
201803 2.000 105.290 2.503
201806 1.686 106.317 2.090
201809 1.612 106.507 1.994
201812 1.382 105.998 1.718
201903 1.428 107.251 1.755
201906 1.435 108.070 1.750
201909 1.191 108.329 1.449
201912 1.118 108.420 1.359
202003 1.017 108.902 1.231
202006 1.112 108.767 1.347
202009 1.233 109.815 1.480
202012 2.330 109.897 2.794
202103 3.362 111.754 3.964
202106 3.613 114.631 4.153
202109 3.731 115.734 4.248
202112 3.931 117.630 4.404
202203 3.813 121.301 4.142
202206 3.596 125.017 3.790
202209 3.731 125.227 3.926
202212 3.530 125.222 3.715
202303 3.612 127.348 3.738
202306 3.584 128.729 3.669
202309 3.528 129.860 3.580
202312 3.588 129.419 3.653
202403 3.566 131.776 3.566

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.


US Global Investors  (LTS:0LHX) 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.


US Global Investors Cyclically Adjusted PB Ratio Related Terms

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


US Global Investors (LTS:0LHX) Business Description

Traded in Other Exchanges
Address
7900 Callaghan Road, San Antonio, TX, USA, 78229
US Global Investors Inc is a registered investment advisory firm. The company furnishes an investment program for each of the clients it manages and determines, subject to overall supervision by the applicable board of trustees of the clients, the clients investments pursuant to an advisory agreement. US Global manages the following business segments: Investment management services; Investment management services; and Corporate Investments. It derives all its revenue from Investment management services.

US Global Investors (LTS:0LHX) Headlines

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