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GlassBridge Enterprises (STU:IMNA) Cyclically Adjusted PB Ratio : 0.04 (As of May. 27, 2024)


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What is GlassBridge Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-05-27), GlassBridge Enterprises's current share price is €6.89. GlassBridge Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was €183.15. GlassBridge Enterprises's Cyclically Adjusted PB Ratio for today is 0.04.

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

STU:IMNA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.26
Current: 0.01

During the past years, GlassBridge Enterprises's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.01. And the median was 0.03.

STU:IMNA's Cyclically Adjusted PB Ratio is ranked better than
99.89% of 937 companies
in the Asset Management industry
Industry Median: 0.8 vs STU:IMNA: 0.01

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.

GlassBridge Enterprises's adjusted book value per share data for the three months ended in Sep. 2023 was €215.932. 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 €183.15 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GlassBridge Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GlassBridge Enterprises'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.

GlassBridge Enterprises Cyclically Adjusted PB Ratio Chart

GlassBridge Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - - 0.01

GlassBridge Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 0.01 0.01 - -

Competitive Comparison of GlassBridge Enterprises's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, GlassBridge Enterprises'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.


GlassBridge Enterprises's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



GlassBridge Enterprises 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.

GlassBridge Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=6.89/183.15
=0.04

* 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.

GlassBridge Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=215.932/129.8595*129.8595
=215.932

Current CPI (Sep. 2023) = 129.8595.

GlassBridge Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201312 13,041.455 98.326 17,223.914
201403 12,175.214 99.695 15,859.122
201406 11,529.398 100.560 14,888.716
201409 9,766.146 100.428 12,628.245
201412 9,237.890 99.070 12,108.927
201503 9,547.423 99.621 12,445.391
201506 8,730.585 100.684 11,260.484
201509 1,762.314 100.392 2,279.607
201512 1,202.954 99.792 1,565.400
201603 488.833 100.470 631.824
201606 153.448 101.688 195.959
201609 -138.552 101.861 -176.636
201612 -1,296.432 101.863 -1,652.754
201703 -852.720 102.862 -1,076.526
201706 -996.800 103.349 -1,252.492
201709 -671.184 104.136 -836.982
201712 -729.020 104.011 -910.193
201803 -753.765 105.290 -929.661
201806 -816.500 106.317 -997.305
201809 -561.255 106.507 -684.317
201812 -668.745 105.998 -819.289
201903 -329.725 107.251 -399.233
201906 -349.802 108.070 -420.332
201909 -389.591 108.329 -467.021
201912 203.814 108.420 244.117
202003 485.379 108.902 578.790
202006 423.361 108.767 505.459
202009 485.737 109.815 574.399
202012 -989.551 109.897 -1,169.302
202103 -1,084.625 111.754 -1,260.343
202106 -685.896 114.631 -777.013
202109 -452.523 115.734 -507.753
202112 425.467 117.630 469.703
202203 407.628 121.301 436.389
202206 398.411 125.017 413.844
202209 393.246 125.227 407.795
202212 341.279 125.222 353.919
202303 296.861 127.348 302.716
202306 253.039 128.729 255.262
202309 215.932 129.860 215.932

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.


GlassBridge Enterprises  (STU:IMNA) 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.


GlassBridge Enterprises Cyclically Adjusted PB Ratio Related Terms

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


GlassBridge Enterprises (STU:IMNA) Business Description

Traded in Other Exchanges
Address
18 East 50th Street, FL7, New York, NY, USA, 10022
GlassBridge Enterprises Inc is a holding company in the United States. It is involved in the asset management business that comprises investment advisory services to third-party investors through managed funds, as well as separately managed accounts. The firm operates in two segments: Asset Management Business, through AAM, and a sports investment platform, through SportBLX-both owned by Adara.

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