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Luby's (Luby's) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Luby's Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Luby's Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Luby's'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.

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Luby's Cyclically Adjusted PB Ratio Chart

Luby's Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Cyclically Adjusted PB Ratio
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Luby's Quarterly Data
Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21
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Competitive Comparison of Luby's's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Luby's'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.


Luby's's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Luby's's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Luby's 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.

Luby's's Cyclically Adjusted Book per Share for the quarter that ended in Aug. 2021 is calculated as:

For example, Luby's's adjusted Book Value per Share data for the three months ended in Aug. 2021 was:

Adj_Book=Book Value per Share/CPI of Aug. 2021 (Change)*Current CPI (Aug. 2021)
=0/115.4208*115.4208
=0.000

Current CPI (Aug. 2021) = 115.4208.

Luby's Quarterly Data

Book Value per Share CPI Adj_Book
201111 5.874 95.449 7.103
201202 5.917 96.053 7.110
201205 6.009 96.961 7.153
201208 6.128 97.199 7.277
201211 6.135 97.133 7.290
201302 6.147 97.953 7.243
201305 6.244 98.282 7.333
201308 6.258 98.675 7.320
201311 6.229 98.334 7.311
201402 6.128 99.057 7.140
201405 6.195 100.373 7.124
201408 6.152 100.352 7.076
201411 5.944 99.635 6.886
201502 5.997 99.032 6.989
201505 6.088 100.333 7.004
201508 6.100 100.548 7.002
201511 6.014 100.135 6.932
201602 5.990 100.040 6.911
201605 5.993 101.355 6.825
201608 5.727 101.617 6.505
201611 5.545 101.829 6.285
201702 5.087 102.779 5.713
201705 5.080 103.256 5.679
201708 4.946 103.587 5.511
201711 4.776 104.072 5.297
201802 4.387 105.052 4.820
201805 3.869 106.148 4.207
201808 3.817 106.383 4.141
201811 3.538 106.338 3.840
201902 3.863 106.649 4.181
201905 3.685 108.048 3.936
201908 3.370 108.245 3.593
201911 3.131 108.519 3.330
202002 2.995 109.139 3.167
202005 2.152 108.175 2.296
202008 2.393 109.662 2.519
202011 0.000 109.793 0.000
202102 0.000 110.968 0.000
202105 0.000 113.576 0.000
202108 0.000 115.421 0.000

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.


Luby's  (NYSE:LUB) 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.


Luby's Cyclically Adjusted PB Ratio Related Terms

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


Luby's (Luby's) Business Description

Industry
Traded in Other Exchanges
N/A
Address
13111 Northwest Freeway, Suite 600, Houston, TX, USA, 77040
Luby's Inc is a multi-branded company that owns and operates restaurants in the United States. Its operating segments are Company-owned restaurants, which generate majority revenue; franchise operations; and Culinary Contract Services. The company-owned restaurant's segment consists of brands including Luby's Cafeteria, Fuddruckers, and Cheeseburger in Paradise with a couple of non-core restaurant locations under other brand names. It only offers franchises for the Fuddruckers brand. Franchises are sold in markets where expansion is deemed advantageous to the development of the Fuddruckers concept and system of restaurants. The CCS operation, branded as Luby's Culinary Contract Services, consists of a business line servicing healthcare and corporate dining clients.
Executives
Steven Goodweather officer: Chief Financial Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Philip Rider officer: Chief Acct Officer &Controller 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Randolph C Read director C/O NEW YORK REIT, INC., 405 PARK AVENUE, NEW YORK NY 10022
John B Morlock director C/O POTBELLY CORPORATION, 111 NORTH CANAL, SUITE 850, CHICAGO IL 60606
Twila Day director 12344 WHITE OAK PT CONROE TX 77304
Benjamin T Coutee officer: Chief Operating Officer 13111 NORTHWEST FREEWAY SUITE 600 HOUSTON TX 77040
Christopher James Pappas director, 10 percent owner, officer: President and Chief Executive
Harris J Pappas director, 10 percent owner, officer: Chief Operating Officer C/O OCEANEERING INTERNATIONAL INC, 11911 FM 529, HOUSTON TX 77041-3011
Gasper Iii Mir director
K Scott Gray officer: SVP & Chief Financial Officer 13111 NORTHWEST FREEWAY, SUITE 600 HOUSTON TX 77040
Frank Markantonis director P.O. BOX 33069 SAN ANTONIO TX 78265
Gerald W Bodzy director
Arthur R Emerson director
Judith B Craven director COMPAQ COMPUTER CORPORATION, PO BOX 692000, MC 110701, HOUSTON TX 77269-2000
Bandera Partners Llc 10 percent owner 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004