GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bains de Mer Monaco (OTCPK:BMRMF) » Definitions » Cyclically Adjusted PB Ratio

Bains de Mer Monaco (Bains de Mer Monaco) Cyclically Adjusted PB Ratio : 3.34 (As of Apr. 28, 2024)


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

What is Bains de Mer Monaco Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Bains de Mer Monaco's current share price is $110.80. Bains de Mer Monaco's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was $33.21. Bains de Mer Monaco's Cyclically Adjusted PB Ratio for today is 3.34.

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

BMRMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 1.62   Max: 3.27
Current: 3.11

During the past 13 years, Bains de Mer Monaco's highest Cyclically Adjusted PB Ratio was 3.27. The lowest was 0.30. And the median was 1.62.

BMRMF's Cyclically Adjusted PB Ratio is ranked worse than
75.69% of 580 companies
in the Travel & Leisure industry
Industry Median: 1.365 vs BMRMF: 3.11

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.

Bains de Mer Monaco's adjusted book value per share data of for the fiscal year that ended in Mar23 was $65.939. 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 $33.21 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bains de Mer Monaco Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bains de Mer Monaco'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.

Bains de Mer Monaco Cyclically Adjusted PB Ratio Chart

Bains de Mer Monaco Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.85 2.17 2.14 2.66

Bains de Mer Monaco Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - 2.14 - 2.66 -

Competitive Comparison of Bains de Mer Monaco's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Bains de Mer Monaco'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.


Bains de Mer Monaco's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bains de Mer Monaco's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Bains de Mer Monaco's Cyclically Adjusted PB Ratio falls into.



Bains de Mer Monaco 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.

Bains de Mer Monaco's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.80/33.21
=3.34

* 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.

Bains de Mer Monaco's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Bains de Mer Monaco's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=65.939/127.3478*127.3478
=65.939

Current CPI (Mar23) = 127.3478.

Bains de Mer Monaco Annual Data

Book Value per Share CPI Adj_Book
201403 37.969 99.695 48.501
201503 30.019 99.621 38.374
201603 29.787 100.470 37.755
201703 27.885 102.862 34.523
201803 31.391 105.290 37.967
201903 28.679 107.251 34.053
202003 29.267 108.902 34.224
202103 27.508 111.754 31.346
202203 29.337 121.301 30.799
202303 65.939 127.348 65.939

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.


Bains de Mer Monaco  (OTCPK:BMRMF) 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.


Bains de Mer Monaco Cyclically Adjusted PB Ratio Related Terms

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


Bains de Mer Monaco (Bains de Mer Monaco) Business Description

Traded in Other Exchanges
Address
Place du Casino, Monte Carlo, MCO, 98000
Bains de Mer Monaco is engaged in the gaming, hotel and leasing Industry. The Gaming sector combines the gaming table and slot machine operations at the Monte-Carlo Casino, the Cafe de Paris Casino, the Sun Casino, the Bay Casino, and the Rascasse. The Hotel sector includes all the accommodation and catering activities, the therapy and spa-centre and all the related hotel services provided in its establishments. The Leasing sector combines leasing activities of boutiques, office space and the hotel residence activities of the Monte-Carlo Bay and Balmoral. Bains derives the majority of revenue from the Hotel sector.

Bains de Mer Monaco (Bains de Mer Monaco) Headlines