GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Briscoe Group Ltd (ASX:BGP) » Definitions » Cyclically Adjusted PB Ratio

Briscoe Group (ASX:BGP) Cyclically Adjusted PB Ratio : 3.35 (As of Apr. 30, 2024)


View and export this data going back to 2017. Start your Free Trial

What is Briscoe Group Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Briscoe Group's current share price is A$4.25. Briscoe Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 was A$1.27. Briscoe Group's Cyclically Adjusted PB Ratio for today is 3.35.

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

ASX:BGP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.91   Med: 4.64   Max: 7.58
Current: 3.48

During the past 13 years, Briscoe Group's highest Cyclically Adjusted PB Ratio was 7.58. The lowest was 2.91. And the median was 4.64.

ASX:BGP's Cyclically Adjusted PB Ratio is ranked worse than
81.36% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs ASX:BGP: 3.48

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.

Briscoe Group's adjusted book value per share data of for the fiscal year that ended in Jan24 was A$. 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$1.27 for the trailing ten years ended in Jan24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Briscoe Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Briscoe Group'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.

Briscoe Group Cyclically Adjusted PB Ratio Chart

Briscoe Group Annual Data
Trend Jan14 Jan15 Jan16 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.36 5.51 5.52 3.94 3.48

Briscoe Group Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 5.52 - 3.94 - 3.48

Competitive Comparison of Briscoe Group's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Briscoe Group'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.


Briscoe Group's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Briscoe Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Briscoe Group 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.

Briscoe Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.25/1.27
=3.35

* 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.

Briscoe Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Jan24 is calculated as:

For example, Briscoe Group's adjusted Book Value per Share data for the fiscal year that ended in Jan24 was:

Adj_Book=Book Value per Share/CPI of Jan24 (Change)*Current CPI (Jan24)
=1.318/*
=

Current CPI (Jan24) = .

Briscoe Group Annual Data

Book Value per Share CPI Adj_Book
201401 0.610 99.396 0.000
201501 0.679 99.646 0.000
201601 0.704 100.063 0.000
201801 1.027 103.355 0.000
201901 1.171 104.889 0.000
202001 1.354 107.547 0.000
202101 1.085 109.182 0.000
202201 1.263 116.747 0.000
202301 1.276 124.517 0.000
202401 1.318 0.000

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.


Briscoe Group  (ASX:BGP) 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.


Briscoe Group Cyclically Adjusted PB Ratio Related Terms

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


Briscoe Group (ASX:BGP) Business Description

Traded in Other Exchanges
Address
1 Taylors Road, Morningside, Auckland, NZL, 1025
Briscoe Group Ltd is one of New Zealand's retailing groups, operating homeware and sporting goods stores. It operates under three brand names Briscoes Homeware, Living & Giving, and Rebel Sport. The company's operating segments include Homeware and Sporting Goods. Majority of company's revenue is generated from Homeware segment.

Briscoe Group (ASX:BGP) Headlines

No Headlines