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Oaktree Capital Group LLC (Oaktree Capital Group LLC) Cyclically Adjusted Book per Share : $0.00 (As of Sep. 2019)


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What is Oaktree Capital Group LLC Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Oaktree Capital Group LLC's adjusted book value per share for the three months ended in Sep. 2019 was $7.299. 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 $0.00 for the trailing ten years ended in Sep. 2019.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-05-05), Oaktree Capital Group LLC's current stock price is $51.52. Oaktree Capital Group LLC's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 was $0.00. Oaktree Capital Group LLC's Cyclically Adjusted PB Ratio of today is .


Oaktree Capital Group LLC Cyclically Adjusted Book per Share Historical Data

The historical data trend for Oaktree Capital Group LLC's Cyclically Adjusted Book per Share 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.

Oaktree Capital Group LLC Cyclically Adjusted Book per Share Chart

Oaktree Capital Group LLC Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted Book per Share
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Oaktree Capital Group LLC Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Oaktree Capital Group LLC's Cyclically Adjusted Book per Share

For the Asset Management subindustry, Oaktree Capital Group LLC'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.


Oaktree Capital Group LLC's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Oaktree Capital Group LLC's Cyclically Adjusted PB Ratio falls into.



Oaktree Capital Group LLC Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Oaktree Capital Group LLC's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book= Book Value per Share /CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=7.299/108.3294*108.3294
=7.299

Current CPI (Sep. 2019) = 108.3294.

Oaktree Capital Group LLC Quarterly Data

Book Value per Share CPI Adj_Book
200912 1.214 91.111 1.443
201003 0.000 91.821 0.000
201006 0.000 91.962 0.000
201009 0.000 92.162 0.000
201012 1.563 92.474 1.831
201103 8.815 94.283 10.128
201106 8.829 95.235 10.043
201109 8.257 95.727 9.344
201112 1.468 95.213 1.670
201203 1.535 96.783 1.718
201206 1.853 96.819 2.073
201209 1.873 97.633 2.078
201212 2.037 96.871 2.278
201303 2.200 98.209 2.427
201306 2.954 98.518 3.248
201309 2.871 98.790 3.148
201312 3.139 98.326 3.458
201403 3.624 99.695 3.938
201406 3.571 100.560 3.847
201409 3.557 100.428 3.837
201412 3.577 99.070 3.911
201503 4.032 99.621 4.384
201506 3.988 100.684 4.291
201509 3.878 100.392 4.185
201512 4.769 99.792 5.177
201603 4.666 100.470 5.031
201606 4.812 101.688 5.126
201609 5.020 101.861 5.339
201612 5.206 101.863 5.537
201703 5.326 102.862 5.609
201706 5.787 103.349 6.066
201709 5.601 104.136 5.827
201712 5.560 104.011 5.791
201803 6.150 105.290 6.328
201806 5.947 106.317 6.060
201809 6.103 106.507 6.207
201812 6.331 105.998 6.470
201903 6.243 107.251 6.306
201906 6.266 108.070 6.281
201909 7.299 108.329 7.299

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Oaktree Capital Group LLC  (NYSE:OAK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Oaktree Capital Group LLC Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Oaktree Capital Group LLC's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Oaktree Capital Group LLC (Oaktree Capital Group LLC) Business Description

Traded in Other Exchanges
Address
333 South Grand Avenue, 28th Floor, Los Angeles, CA, USA, 90071
Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.
Executives
Steven J Gilbert director 540 MADISON AVE, 40TH FL, NEW YORK NY 10022
Justin B. Beber director C/O BROOKFIELD ASSET MANAGEMENT INC., BROOKFIELD PLACE, 181 BAY ST., STE. 300, TORONTO A6 M5J 2T3
Bruce Flatt director C/O BROOKFIELD ASSET MANAGEMENT INC., 181 BAY STREET, P.O. BOX 762, TORONTO A6 M5J2T3
Bruce A Karsh director, officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Daniel D Levin officer: See Remarks 333 S. GRAND AVENUE, 28 TH FLOOR, LOS ANGELES CA 90071
Larry W Keele director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Wayne G Pierson director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Todd E Molz officer: See Remarks C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Howard S Marks director, officer: Co-Chairman C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Sheldon M Stone director, officer: Principal C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
David Richard Masson director 333 S GRAND AVENUE 28TH FL, LOS ANGELES CA 90071
Robert E Denham director MUNGER, TOLLES & OLSON LLP, 355 S. GRAND AVENUE, 35TH FLOOR, LOS ANGELES CA 90071
John Frank director, officer: Vice Chairman C/O OAKTREE CAPITAL MANAGEMENT, 333 SOUTH GRAND 28TH FLOOR, LOS ANGELES CA 90071
Jay S Wintrob director, officer: Chief Executive Officer 333 S. GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Marna C Whittington director 2959 BARLEY MILL ROAD, YORKLYN DE 19736

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