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Aspermont (ASX:ASP) Cyclically Adjusted PB Ratio : 1.10 (As of May. 21, 2024)


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What is Aspermont Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Aspermont's current share price is A$0.011. Aspermont's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was A$0.01. Aspermont's Cyclically Adjusted PB Ratio for today is 1.10.

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

ASX:ASP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.15   Med: 0.39   Max: 2.8
Current: 1.31

During the past 13 years, Aspermont's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.15. And the median was 0.39.

ASX:ASP's Cyclically Adjusted PB Ratio is ranked worse than
56.6% of 659 companies
in the Media - Diversified industry
Industry Median: 1.12 vs ASX:ASP: 1.31

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.

Aspermont's adjusted book value per share data of for the fiscal year that ended in Sep23 was A$0.002. 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 A$0.01 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aspermont Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aspermont'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.

Aspermont Cyclically Adjusted PB Ratio Chart

Aspermont Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.43 0.38 1.73 2.34 1.31

Aspermont Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 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 1.73 - 2.34 - 1.31

Competitive Comparison of Aspermont's Cyclically Adjusted PB Ratio

For the Publishing subindustry, Aspermont'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.


Aspermont's Cyclically Adjusted PB Ratio Distribution in the Media - Diversified Industry

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

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



Aspermont 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.011/0.01
=1.10

* 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.

Aspermont's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Aspermont's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.002/125.6559*125.6559
=0.002

Current CPI (Sep23) = 125.6559.

Aspermont Annual Data

Book Value per Share CPI Adj_Book
201406 0.028 98.352 0.036
201506 0.012 99.838 0.015
201606 0.002 100.859 0.002
201706 0.005 102.809 0.006
201809 0.005 105.410 0.006
201909 0.001 107.174 0.001
202009 0.001 107.917 0.001
202109 0.003 111.168 0.003
202209 0.003 119.248 0.003
202309 0.002 125.656 0.002

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.


Aspermont  (ASX:ASP) 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.


Aspermont Cyclically Adjusted PB Ratio Related Terms

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


Aspermont (ASX:ASP) Business Description

Traded in Other Exchanges
Address
613- 619 Wellington Street, Perth, WA, AUS, 6000
Aspermont Ltd is a publishing company. Business operating segments include; Media services-advertising and events, XaaS- media subscriptions and related services, and Data- mainly lead generation activity. The Publishing segment derives subscription, advertising, and sponsorship revenues from print and online publications and holding conferences in trade sectors including mining, agriculture, energy, and technology sector. It also derives revenue from B to B lead generation activity it undertakes on behalf of clients utilising its contacts database. The firm mainly operates within Australia and in the United Kingdom. Geographically, it derives a majority of its revenue from Apac and also has a presence in Europe; America, and other countries.

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