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Angi (ANGI) Cyclically Adjusted PB Ratio : 1.26 (As of Apr. 29, 2024)


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What is Angi Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Angi's current share price is $2.16. Angi's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $1.72. Angi's Cyclically Adjusted PB Ratio for today is 1.26.

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

ANGI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.96   Med: 5.46   Max: 22.34
Current: 1.26

During the past years, Angi's highest Cyclically Adjusted PB Ratio was 22.34. The lowest was 0.96. And the median was 5.46.

ANGI's Cyclically Adjusted PB Ratio is ranked better than
59.72% of 288 companies
in the Interactive Media industry
Industry Median: 1.61 vs ANGI: 1.26

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.

Angi's adjusted book value per share data for the three months ended in Dec. 2023 was $2.064. 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 $1.72 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Angi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Angi'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.

Angi Cyclically Adjusted PB Ratio Chart

Angi 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 15.07 14.89 7.85 1.64 1.45

Angi 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 1.64 1.50 2.08 1.19 1.45

Competitive Comparison of Angi's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Angi'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.


Angi's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Angi's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Angi 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.16/1.72
=1.26

* 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.

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

For example, Angi'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)
=2.064/129.4194*129.4194
=2.064

Current CPI (Dec. 2023) = 129.4194.

Angi Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.347 99.695 -0.450
201406 -0.625 100.560 -0.804
201409 -0.673 100.428 -0.867
201412 -0.379 99.070 -0.495
201503 -0.266 99.621 -0.346
201506 -0.370 100.684 -0.476
201509 -0.339 100.392 -0.437
201512 -0.041 99.792 -0.053
201603 -0.059 100.470 -0.076
201606 0.088 101.688 0.112
201609 -0.149 101.861 -0.189
201612 2.577 101.863 3.274
201703 0.163 102.862 0.205
201706 0.145 103.349 0.182
201709 2.173 104.136 2.701
201712 2.078 104.011 2.586
201803 2.163 105.290 2.659
201806 2.199 106.317 2.677
201809 2.288 106.507 2.780
201812 2.617 105.998 3.195
201903 2.613 107.251 3.153
201906 2.633 108.070 3.153
201909 2.628 108.329 3.140
201912 2.622 108.420 3.130
202003 2.580 108.902 3.066
202006 2.607 108.767 3.102
202009 2.551 109.815 3.006
202012 2.544 109.897 2.996
202103 2.427 111.754 2.811
202106 2.374 114.631 2.680
202109 2.306 115.734 2.579
202112 2.258 117.630 2.484
202203 2.197 121.301 2.344
202206 2.166 125.017 2.242
202209 2.156 125.227 2.228
202212 2.078 125.222 2.148
202303 2.065 127.348 2.099
202306 2.052 128.729 2.063
202309 2.056 129.860 2.049
202312 2.064 129.419 2.064

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.


Angi  (NAS:ANGI) 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.


Angi Cyclically Adjusted PB Ratio Related Terms

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


Angi (ANGI) Business Description

Traded in Other Exchanges
Address
3601 Walnut Street, Denver, CO, USA, 80205
Angi Inc connects quality home service professionals across different categories, from repairing and remodeling to cleaning and landscaping, with consumers. The Company has four operating segments: (i) Ads and Leads; (ii) Services; (iii) Roofing; and (iv) International (Europe and Canada). Majority of the revenue is earned from United States.
Executives
Kulesh Shanmugasundaram officer: Chief Technology Officer C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Pickett Thomas Corning Jr director 1315 ELDER AVENUE, MENLO PARK CA 94025
David Elias Fleischman officer: Chief Product Officer C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Hicks Bowman Angela R. director C/O ANGIE'S LIST, INC., 1030 E. WASHINGTON STREET, INDIANAPOLIS IN 46202
Andrew Russakoff officer: CFO C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Jeremy Philips director C/O TRIPADVISOR, INC., 141 NEEDHAM STREET, NEWTON MA 02464
Sandra Hurse director C/O GROSVENOR CAPITAL MANAGEMENT, 900 NORTH MICHIGAN AVENUE, SUITE 1100, CHICAGO IL 60611
Umang Dua officer: CRO - Services C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Bryan Ellis officer: CRO - Ads and Leads C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Dhanusha Sivajee officer: CMO 600 EAST SECOND STREET, MUSCATINE IA 52761
Jeffrey W Pedersen officer: CFO C/O ANGI INC., 3601 WALNUT STREET, SUITE 700, DENVER CO 80205
Allison Lowrie officer: CMO C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401
Kendall Handler director IAC/INTERACTIVECORP, 555 WEST 18TH STREET, NEW YORK NY 10011
Oisin Hanrahan officer: CPO ANGI HOMESERVICES INC., 3601 WALNUT STREET, DENVER CO 80205
Craig M. Smith officer: President & COO C/O ANGI HOMESERVICES INC., 14023 DENVER WEST PARKWAY, BLDG 64, GOLDEN CO 80401