GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ASOS PLC (OTCPK:ASOMY) » Definitions » Cyclically Adjusted PB Ratio

ASOS (ASOMY) Cyclically Adjusted PB Ratio : 0.48 (As of Apr. 27, 2024)


View and export this data going back to 2010. Start your Free Trial

What is ASOS Cyclically Adjusted PB Ratio?

As of today (2024-04-27), ASOS's current share price is $4.19. ASOS's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 was $8.71. ASOS's Cyclically Adjusted PB Ratio for today is 0.48.

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

ASOMY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 23.25   Max: 126.46
Current: 0.54

During the past 13 years, ASOS's highest Cyclically Adjusted PB Ratio was 126.46. The lowest was 0.51. And the median was 23.25.

ASOMY's Cyclically Adjusted PB Ratio is ranked better than
76.01% of 717 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs ASOMY: 0.54

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.

ASOS's adjusted book value per share data of for the fiscal year that ended in Aug23 was $9.236. 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 $8.71 for the trailing ten years ended in Aug23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ASOS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ASOS'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.

ASOS Cyclically Adjusted PB Ratio Chart

ASOS Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.53 13.87 8.51 1.20 0.66

ASOS Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 - 1.20 - 0.66 -

Competitive Comparison of ASOS's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, ASOS'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.


ASOS's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



ASOS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.19/8.71
=0.48

* 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.

ASOS's Cyclically Adjusted Book per Share for the fiscal year that ended in Aug23 is calculated as:

For example, ASOS's adjusted Book Value per Share data for the fiscal year that ended in Aug23 was:

Adj_Book=Book Value per Share/CPI of Aug23 (Change)*Current CPI (Aug23)
=9.236/129.4000*129.4000
=9.236

Current CPI (Aug23) = 129.4000.

ASOS Annual Data

Book Value per Share CPI Adj_Book
201408 3.871 99.900 5.014
201508 4.430 100.300 5.715
201608 3.148 101.200 4.025
201708 4.458 104.000 5.547
201808 6.753 106.500 8.205
201908 6.579 108.300 7.861
202008 10.673 108.800 12.694
202108 14.285 112.100 16.490
202208 12.162 121.800 12.921
202308 9.236 129.400 9.236

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.


ASOS  (OTCPK:ASOMY) 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.


ASOS Cyclically Adjusted PB Ratio Related Terms

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


ASOS (ASOMY) Business Description

Traded in Other Exchanges
Address
Hampstead Road, Greater London House, London, GBR, NW1 7FB
Asos is a global e-commerce player focusing on fashion and cosmetics and targeting the youth segment (20-somethings) globally. Of its revenue, 45% comes from its U.K. home market, 30% from other European Union countries, 13% from the United States, 12% from the rest of the world. The company ships to 240 countries from its three warehouses located in the U.K., continental Europe, and the United States. It offers over 85 000 products on its website from third-party brands and its own labels (Asos Design, Collusion).

ASOS (ASOMY) Headlines

From GuruFocus

Wasatch International Growth Fund Comments on ASOS

By Vera Yuan Vera Yuan 08-11-2014