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United Financial Investments (AMM:UCFI) Cyclically Adjusted PB Ratio : 0.82 (As of Jun. 19, 2024)


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What is United Financial Investments Cyclically Adjusted PB Ratio?

As of today (2024-06-19), United Financial Investments's current share price is JOD1.05. United Financial Investments's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was JOD1.28. United Financial Investments's Cyclically Adjusted PB Ratio for today is 0.82.

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

AMM:UCFI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 0.78   Max: 0.84
Current: 0.82

During the past years, United Financial Investments's highest Cyclically Adjusted PB Ratio was 0.84. The lowest was 0.72. And the median was 0.78.

AMM:UCFI's Cyclically Adjusted PB Ratio is ranked better than
65.72% of 636 companies
in the Capital Markets industry
Industry Median: 1.16 vs AMM:UCFI: 0.82

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.

United Financial Investments's adjusted book value per share data for the three months ended in Mar. 2024 was JOD0.507. 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 JOD1.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


United Financial Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for United Financial Investments'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.

United Financial Investments Cyclically Adjusted PB Ratio Chart

United Financial Investments 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 - - - 0.73 0.80

United Financial Investments 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 0.78 0.78 0.75 0.80 0.77

Competitive Comparison of United Financial Investments's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, United Financial Investments'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.


United Financial Investments's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, United Financial Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



United Financial Investments 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.

United Financial Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.05/1.28
=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.

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

For example, United Financial Investments'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)
=0.507/131.7762*131.7762
=0.507

Current CPI (Mar. 2024) = 131.7762.

United Financial Investments Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.249 100.560 1.637
201409 1.273 100.428 1.670
201412 1.298 99.070 1.727
201503 1.304 99.621 1.725
201506 1.352 100.684 1.770
201509 1.314 100.392 1.725
201512 1.436 99.792 1.896
201603 1.404 100.470 1.841
201606 1.346 101.688 1.744
201609 1.357 101.861 1.756
201612 1.193 101.863 1.543
201703 1.159 102.862 1.485
201706 1.115 103.349 1.422
201709 1.115 104.136 1.411
201712 1.089 104.011 1.380
201803 1.079 105.290 1.350
201806 1.079 106.317 1.337
201809 1.091 106.507 1.350
201812 1.154 105.998 1.435
201903 1.115 107.251 1.370
201906 1.102 108.070 1.344
201909 1.118 108.329 1.360
201912 1.129 108.420 1.372
202003 1.097 108.902 1.327
202006 1.092 108.767 1.323
202009 1.067 109.815 1.280
202012 1.066 109.897 1.278
202103 1.031 111.754 1.216
202106 -0.175 114.631 -0.201
202109 0.970 115.734 1.104
202112 0.946 117.630 1.060
202203 0.923 121.301 1.003
202206 0.919 125.017 0.969
202209 0.798 125.227 0.840
202212 0.784 125.222 0.825
202303 0.766 127.348 0.793
202306 0.728 128.729 0.745
202309 0.668 129.860 0.678
202312 0.623 129.419 0.634
202403 0.507 131.776 0.507

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.


United Financial Investments  (AMM:UCFI) 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.


United Financial Investments Cyclically Adjusted PB Ratio Related Terms

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


United Financial Investments (AMM:UCFI) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 927 250, Amman, JOR, 11192
United Financial Investments is a financial services firm. The company is engaged in brokerage, research and consultancy in the field of financial markets. It also provides asset management services including wealth and portfolio management.

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