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Aegis Brands (TSX:AEG) Cyclically Adjusted PB Ratio : 0.24 (As of Jun. 09, 2024)


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What is Aegis Brands Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Aegis Brands's current share price is C$0.36. Aegis Brands's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$1.52. Aegis Brands's Cyclically Adjusted PB Ratio for today is 0.24.

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

TSX:AEG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.12   Med: 0.32   Max: 0.69
Current: 0.24

During the past years, Aegis Brands's highest Cyclically Adjusted PB Ratio was 0.69. The lowest was 0.12. And the median was 0.32.

TSX:AEG's Cyclically Adjusted PB Ratio is ranked better than
93.97% of 232 companies
in the Restaurants industry
Industry Median: 2.115 vs TSX:AEG: 0.24

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.

Aegis Brands's adjusted book value per share data for the three months ended in Mar. 2024 was C$0.240. 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 C$1.52 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aegis Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aegis Brands'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.

Aegis Brands Cyclically Adjusted PB Ratio Chart

Aegis Brands 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 0.41 0.27 0.25 0.29 0.21

Aegis Brands 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 0.19 0.22 0.17 0.21 0.20

Competitive Comparison of Aegis Brands's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Aegis 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.


Aegis Brands's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Aegis Brands 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.

Aegis Brands's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.36/1.52
=0.24

* 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.

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

For example, Aegis Brands'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)
=0.24/126.2576*126.2576
=0.240

Current CPI (Mar. 2024) = 126.2576.

Aegis Brands Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.427 99.473 4.350
201409 1.385 99.394 1.759
201412 1.948 98.367 2.500
201503 1.943 99.789 2.458
201506 1.939 100.500 2.436
201509 1.855 100.421 2.332
201512 1.865 99.947 2.356
201603 1.819 101.054 2.273
201606 1.786 102.002 2.211
201609 1.781 101.765 2.210
201612 1.628 101.449 2.026
201703 1.778 102.634 2.187
201706 1.317 103.029 1.614
201709 1.760 103.345 2.150
201712 1.658 103.345 2.026
201803 1.312 105.004 1.578
201806 1.814 105.557 2.170
201809 1.836 105.636 2.194
201812 1.828 105.399 2.190
201903 1.822 106.979 2.150
201906 1.753 107.690 2.055
201909 1.759 107.611 2.064
201912 1.528 107.769 1.790
202003 1.550 107.927 1.813
202006 1.296 108.401 1.509
202009 1.271 108.164 1.484
202012 0.672 108.559 0.782
202103 0.583 110.298 0.667
202106 0.356 111.720 0.402
202109 0.428 112.905 0.479
202112 0.340 113.774 0.377
202203 0.269 117.646 0.289
202206 0.148 120.806 0.155
202209 0.045 120.648 0.047
202212 0.209 120.964 0.218
202303 0.288 122.702 0.296
202306 0.287 124.203 0.292
202309 0.292 125.230 0.294
202312 0.245 125.072 0.247
202403 0.240 126.258 0.240

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.


Aegis Brands  (TSX:AEG) 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.


Aegis Brands Cyclically Adjusted PB Ratio Related Terms

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


Aegis Brands (TSX:AEG) Business Description

Traded in Other Exchanges
Address
2040 Yonge Street, Suite 200B, Toronto, ON, CAN, M4S 1Z9
Aegis Brands Inc. is a consolidator of brands in the food and beverage space with the view to allow entrepreneurial spirit while providing shared services that encourage unlimited growth.. The company operates the Second Cup Coffee Co TM specialty coffee business as part of a portfolio of brands that also includes its retail brands Bridgehead Coffee and Hemisphere Cannabis CoTM. The company owns the trademarks, trade names, operating procedures and systems and other intellectual property used in connection with the operation of these brands in Canada. Its revenues comprise royalties from franchised cafes, the sale of goods from company-operated cafes and retail cannabis dispensaries, the sale of goods through retail and other ancillary channels, and other service fees.
Executives
Melinda Lee Senior Officer

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