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Potbelly (Potbelly) Cyclically Adjusted PB Ratio : 2.78 (As of May. 01, 2024)


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What is Potbelly Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Potbelly's current share price is $10.18. Potbelly's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.66. Potbelly's Cyclically Adjusted PB Ratio for today is 2.78.

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

PBPB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.09   Max: 3.86
Current: 2.9

During the past years, Potbelly's highest Cyclically Adjusted PB Ratio was 3.86. The lowest was 1.34. And the median was 2.09.

PBPB's Cyclically Adjusted PB Ratio is ranked worse than
64.89% of 225 companies
in the Restaurants industry
Industry Median: 2.11 vs PBPB: 2.90

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.

Potbelly's adjusted book value per share data for the three months ended in Dec. 2023 was $0.500. 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 $3.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Potbelly Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Potbelly'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.

Potbelly Cyclically Adjusted PB Ratio Chart

Potbelly Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 1.85 1.57 2.85

Potbelly Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.57 2.36 2.49 2.03 2.85

Competitive Comparison of Potbelly's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Potbelly'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.


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

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

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



Potbelly 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.

Potbelly's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=10.18/3.66
=2.78

* 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.

Potbelly's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Potbelly's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=0.5/129.4194*129.4194
=0.500

Current CPI (Dec. 2023) = 129.4194.

Potbelly Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.257 99.695 6.824
201406 5.389 100.560 6.936
201409 5.368 100.428 6.918
201412 5.393 99.070 7.045
201503 5.357 99.621 6.959
201506 5.320 100.684 6.838
201509 5.111 100.392 6.589
201512 4.920 99.792 6.381
201603 4.894 100.470 6.304
201606 4.827 101.688 6.143
201609 4.846 101.861 6.157
201612 4.912 101.863 6.241
201703 4.933 102.862 6.207
201706 4.937 103.349 6.182
201709 4.892 104.136 6.080
201712 4.669 104.011 5.810
201803 4.618 105.290 5.676
201806 4.635 106.317 5.642
201809 4.369 106.507 5.309
201812 3.942 105.998 4.813
201903 3.148 107.251 3.799
201906 3.049 108.070 3.651
201909 2.957 108.329 3.533
201912 2.913 108.420 3.477
202003 2.361 108.902 2.806
202006 1.443 108.767 1.717
202009 0.915 109.815 1.078
202012 0.237 109.897 0.279
202103 0.233 111.754 0.270
202106 0.094 114.631 0.106
202109 -0.008 115.734 -0.009
202112 -0.082 117.630 -0.090
202203 -0.346 121.301 -0.369
202206 -0.306 125.017 -0.317
202209 0.037 125.227 0.038
202212 0.155 125.222 0.160
202303 0.156 127.348 0.159
202306 0.254 128.729 0.255
202309 0.340 129.860 0.339
202312 0.500 129.419 0.500

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.


Potbelly  (NAS:PBPB) 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.


Potbelly Cyclically Adjusted PB Ratio Related Terms

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


Potbelly (Potbelly) Business Description

Traded in Other Exchanges
Address
111 North Canal Street, Suite 325, Chicago, IL, USA, 60606
Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. Most of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, most of Potbelly's franchises are in the Middle East.
Executives
Robert D. Wright officer: President and CEO 111 N. CANAL STREET, SUITE 850, CHICAGO IL 60606
Steven Cirulis officer: SVP, Chief Financial Officer 111 N. CANAL ST., SUITE 850, CHICAGO IL 60606
Karen Lynette Mckee officer: SVP, Franchising C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Jeffrey Douglas officer: SVP, Chief Information Officer 111 N. CANAL STREET, SUITE 850, CHICAGO IL 60606
David Near director 111 N CANAL ST, SUITE 850, CHICAGO IL 60601
Adiya Dixon officer: SVP, CLO and Secretary 111 N CANAL, SUITE 850, CHICAGO IL 60606
Patrick James Walsh officer: Chief People Officer 410 N. MICHIGAN AVENUE, SUITE 400, CHICAGO IL 60611
Adam Noyes officer: SVP, Chief Operations Officer 111 N CANAL ST, SUITE 850, CHICAGO IL 60601
David T. Pearson director C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Jill Sutton director 313 IRON HORSE WAY, PROVIDENCE RI 02908
David Scott Daniels officer: CHIEF MARKETING OFFICER C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Larry Strain officer: CHIEF DEVELOPMENT OFFICER C/O POTBELLY CORPORATION, 111 N. CANAL STREET, SUITE 325, CHICAGO IL 60606
Todd Whitney Smith director 300 JOHNNY BENCH DRIVE, OKLAHOMA CITY OK 73104
Adrian M Butler director 111 NORTH CANAL STREET, SUITE 850, CHICAGO IL 60606
Joseph Boehm director 111 NORTH CANAL, SUITE 850, CHICAGO IL 60606