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AVP (AVPI) Cyclically Adjusted PB Ratio : (As of Jun. 12, 2024)


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What is AVP Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


AVP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AVP'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.

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AVP Cyclically Adjusted PB Ratio Chart

AVP Annual Data
Trend Apr98 Apr99 Apr00 Apr01 Apr02 Apr03 Apr04 Dec05 Dec06 Dec07
Cyclically Adjusted PB Ratio
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AVP Quarterly Data
Oct03 Jan04 Apr04 Jul04 Oct04 Jan05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08
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Competitive Comparison of AVP's Cyclically Adjusted PB Ratio

For the Entertainment subindustry, AVP'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.


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

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

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



AVP 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.

AVP's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2008 is calculated as:

For example, AVP's adjusted Book Value per Share data for the three months ended in Sep. 2008 was:

Adj_Book=Book Value per Share/CPI of Sep. 2008 (Change)*Current CPI (Sep. 2008)
=0.022/92.3069*92.3069
=0.022

Current CPI (Sep. 2008) = 92.3069.

AVP Quarterly Data

Book Value per Share CPI Adj_Book
199810 0.190 69.193 0.253
199901 0.068 69.320 0.091
199904 0.058 70.122 0.076
199907 0.012 70.333 0.016
199910 -0.074 70.965 -0.096
200001 -0.072 71.219 -0.093
200004 -0.089 72.273 -0.114
200007 2.828 72.906 3.581
200010 2.522 73.413 3.171
200101 2.013 73.877 2.515
200104 -5.485 74.636 -6.784
200107 1.173 74.889 1.446
200110 0.948 74.974 1.167
200201 0.225 74.720 0.278
200204 -0.207 75.860 -0.252
200207 -0.209 75.986 -0.254
200210 -0.213 76.492 -0.257
200301 -0.149 76.661 -0.179
200304 -0.248 77.547 -0.295
200307 -0.218 77.589 -0.259
200310 -0.234 78.054 -0.277
200401 -0.237 78.138 -0.280
200404 -0.307 79.319 -0.357
200407 0.213 79.910 0.246
200410 0.046 80.543 0.053
200501 -0.175 80.458 -0.201
200506 -0.054 82.062 -0.061
200509 -0.057 83.876 -0.063
200512 -0.060 83.032 -0.067
200603 -0.085 84.298 -0.093
200606 0.237 85.606 0.256
200609 0.367 85.606 0.396
200612 0.297 85.142 0.322
200703 0.192 86.640 0.205
200706 0.229 87.906 0.240
200709 0.216 87.964 0.227
200712 0.122 88.616 0.127
200803 -0.013 90.090 -0.013
200806 -0.018 92.320 -0.018
200809 0.022 92.307 0.022

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.


AVP  (OTCPK:AVPI) 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.


AVP Cyclically Adjusted PB Ratio Related Terms

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


AVP (AVPI) Business Description

Traded in Other Exchanges
N/A
Address
1187 Coast Village Road, Suite 319, Santa Barbara, CA, USA, 93108
AVP Inc owns and operates professional beach volleyball tournaments in the United States. The company's tournaments include FIVB Huntington Beach Open, King of the Court Series and AVP Gold Series Standings.
Executives
Diker Management Llc 10 percent owner 570 LEXINGTON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leonard Armato director, officer: Chief Executive Officer ASSOCIATION OF VOLLEYBALL PROFESSIONALS, 6100 CENTER DRIVE, 9TH FLOOR, LOS ANGELES CA 90045
Stephen D Royer 10 percent owner
Kathy P Vrabeck director 625 WESTPORT PARKWAY, GRAPEVINE TX 76051
William J Chardavoyne director 3100 OCEAN PARK BLVD, STE 1000, SANTA MONICA CA 90405
Jack F Kemp director 1701 PENNSYLVANIA AVE NW, WASHINGTON DC 20006-2805
Scott Painter director ASSOCIATION OF VOLLEYBALL PROFESSIONALS, 6100 CENTER DRIVE, 9TH FLOOR, LOS ANGELES CA 90045
Amtrust International Insurance Ltd 10 percent owner SUITE 102 WASHINGTON MALL, 7 REID STREET, HAMILTON D0 HM11
Twenty-first Century Fox, Inc. 10 percent owner 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Michael Roth 10 percent owner 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235
Brian Jay Stark 10 percent owner 3600 SOUTH LAKE DRIVE, ST. FRANCIS WI 53235

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