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Urbana (Urbana) Cyclically Adjusted PB Ratio : 0.82 (As of Apr. 30, 2024)


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What is Urbana Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Urbana's current share price is $3.90. Urbana's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $4.75. Urbana's Cyclically Adjusted PB Ratio for today is 0.82.

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

URNAF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.28   Med: 0.59   Max: 0.91
Current: 0.79

During the past years, Urbana's highest Cyclically Adjusted PB Ratio was 0.91. The lowest was 0.28. And the median was 0.59.

URNAF's Cyclically Adjusted PB Ratio is ranked worse than
50.54% of 932 companies
in the Asset Management industry
Industry Median: 0.78 vs URNAF: 0.79

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.

Urbana's adjusted book value per share data for the three months ended in Dec. 2023 was $6.745. 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 $4.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Urbana Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Urbana'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.

Urbana Cyclically Adjusted PB Ratio Chart

Urbana 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 0.48 0.57 0.82 0.76 0.74

Urbana 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 0.76 0.68 0.68 0.76 0.74

Competitive Comparison of Urbana's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Urbana'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.


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

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

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



Urbana 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.90/4.75
=0.82

* 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.

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

For example, Urbana'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)
=6.745/125.4675*125.4675
=6.745

Current CPI (Dec. 2023) = 125.4675.

Urbana Quarterly Data

Book Value per Share CPI Adj_Book
201312 2.715 96.945 3.514
201406 2.639 99.473 3.329
201409 0.000 99.394 0.000
201412 2.820 98.367 3.597
201503 0.000 99.789 0.000
201506 2.756 100.500 3.441
201509 2.525 100.421 3.155
201512 2.541 99.947 3.190
201603 2.486 101.054 3.087
201606 2.806 102.002 3.452
201609 2.911 101.765 3.589
201612 3.356 101.449 4.151
201703 3.472 102.634 4.244
201706 3.539 103.029 4.310
201709 3.897 103.345 4.731
201712 3.936 103.345 4.779
201803 3.585 105.004 4.284
201806 3.480 105.557 4.136
201809 3.421 105.636 4.063
201812 3.088 105.399 3.676
201903 3.234 106.979 3.793
201906 3.397 107.690 3.958
201909 3.647 107.611 4.252
201912 3.884 107.769 4.522
202003 2.959 107.927 3.440
202006 3.544 108.401 4.102
202009 3.730 108.164 4.327
202012 4.400 108.559 5.085
202103 4.759 110.298 5.414
202106 5.369 111.720 6.030
202109 5.402 112.905 6.003
202112 5.471 113.774 6.033
202203 6.063 117.646 6.466
202206 5.484 120.806 5.696
202209 5.300 120.648 5.512
202212 5.505 120.964 5.710
202303 5.478 122.702 5.601
202306 5.610 124.203 5.667
202309 6.501 125.230 6.513
202312 6.745 125.468 6.745

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.


Urbana  (OTCPK:URNAF) 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.


Urbana Cyclically Adjusted PB Ratio Related Terms

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


Urbana (Urbana) Business Description

Address
150 King Street West, Suite 1702, P.O. Box 47, Toronto, ON, CAN, M5H 1J9
Urbana Corp is an investment company. It invests in the financial service sector, from exchanges to banks to broker-dealers and investment managers. The business objectives and strategies of the company are to seek out, and invest in, private investment opportunities for capital appreciation and to invest in publicly traded securities to provide growth, income and liquidity. The Company has a single operating segment which is managing company investments.

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