GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Restaurants » Bloomin Brands Inc (NAS:BLMN) » Definitions » Cyclically Adjusted PB Ratio

Bloomin Brands (Bloomin Brands) Cyclically Adjusted PB Ratio : 9.28 (As of Apr. 30, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Bloomin Brands Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Bloomin Brands's current share price is $25.79. Bloomin Brands's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.78. Bloomin Brands's Cyclically Adjusted PB Ratio for today is 9.28.

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

BLMN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.27   Med: 8.99   Max: 14.04
Current: 9.66

During the past years, Bloomin Brands's highest Cyclically Adjusted PB Ratio was 14.04. The lowest was 4.27. And the median was 8.99.

BLMN's Cyclically Adjusted PB Ratio is ranked worse than
94.22% of 225 companies
in the Restaurants industry
Industry Median: 2.11 vs BLMN: 9.66

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.

Bloomin Brands's adjusted book value per share data for the three months ended in Dec. 2023 was $4.704. 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 $2.78 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bloomin Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bloomin Brands'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.

Bloomin Brands Cyclically Adjusted PB Ratio Chart

Bloomin Brands 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 - 8.60 8.79 7.51 10.13

Bloomin Brands 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 7.51 9.37 9.70 8.79 10.13

Competitive Comparison of Bloomin Brands's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Bloomin Brands'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.


Bloomin Brands's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Bloomin Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Bloomin Brands 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.

Bloomin Brands's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.79/2.78
=9.28

* 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.

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

For example, Bloomin Brands'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)
=4.704/129.4194*129.4194
=4.704

Current CPI (Dec. 2023) = 129.4194.

Bloomin Brands Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.178 99.695 5.424
201406 4.571 100.560 5.883
201409 4.496 100.428 5.794
201412 4.378 99.070 5.719
201503 4.152 99.621 5.394
201506 4.006 100.684 5.149
201509 3.426 100.392 4.417
201512 3.425 99.792 4.442
201603 3.079 100.470 3.966
201606 2.652 101.688 3.375
201609 2.156 101.861 2.739
201612 1.758 101.863 2.234
201703 2.041 102.862 2.568
201706 0.950 103.349 1.190
201709 0.281 104.136 0.349
201712 0.765 104.011 0.952
201803 1.068 105.290 1.313
201806 0.879 106.317 1.070
201809 0.548 106.507 0.666
201812 0.501 105.998 0.612
201903 2.664 107.251 3.215
201906 1.737 108.070 2.080
201909 1.661 108.329 1.984
201912 1.959 108.420 2.338
202003 1.051 108.902 1.249
202006 0.241 108.767 0.287
202009 0.059 109.815 0.070
202012 0.047 109.897 0.055
202103 0.434 111.754 0.503
202106 1.640 114.631 1.852
202109 1.791 115.734 2.003
202112 2.425 117.630 2.668
202203 3.269 121.301 3.488
202206 2.893 125.017 2.995
202209 2.696 125.227 2.786
202212 3.094 125.222 3.198
202303 3.659 127.348 3.719
202306 4.224 128.729 4.247
202309 4.510 129.860 4.495
202312 4.704 129.419 4.704

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.


Bloomin Brands  (NAS:BLMN) 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.


Bloomin Brands Cyclically Adjusted PB Ratio Related Terms

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


Bloomin Brands (Bloomin Brands) Business Description

Traded in Other Exchanges
Address
2202 North West Shore Boulevard, Suite 500, Tampa, FL, USA, 33607
Bloomin Brands Inc operates as a casual dining restaurant company. The company's brand includes Outback Steakhouse, Carrabba's Italian Grill, Bonefish Grill, and Fleming's Prime Steakhouse and Wine Bar. The company owns and operates its restaurants, and the remainder is franchised. It derives revenue mainly from the United States, but the company has a presence in Brazil and South Korea with company-owned Outbacks and Carrabbas. In addition, it also has exposure to several countries, predominantly in Asia, principally through franchising.
Executives
Rohit Lal director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Lissette R Gonzalez officer: SVP, Global Supply Chain Offic 2202 N. WEST SHORE BLVD., SUITE 500, TAMAP FL 33607
Brett A Patterson officer: SVP, Pres Outback Steakhouse 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Mark E Graff officer: SVP, Development 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Astrid Isaacs officer: SVP, Chief Technology Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Elizabeth A Smith director, officer: Chairman and CEO 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Gainor John P Jr director 11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Julie T. Kunkel director 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
David J. Deno officer: Executive Vice President & CFO 111 4TH AVENUE NORTH #503, MINNEAPOLIS MN 55402
Suzann Trevisan officer: Chief Human Resources Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Melanie Marein-efron director C/O URBAN OUTFITTERS, INC., 5000 SOUTH BROAD STREET, PHILADELPHIA PA 19112
Philip J Pace officer: SVP, Chief Accounting Officer 2202 N. WEST SHORE BLVD., SUITE 500, TAMPA FL 33607
Kelly Lefferts officer: EVP, Chief Legal Officer 2202 N. WEST SHORE BLVD SUITE 500, TAMPA FL 33607
Gregg Scarlett officer: EVP & Pres. Bonefish Grill 2202 NORTH WEST SHORE BOULEVARD, TAMPA FL 33607
Lawrence V Jackson director C/O ASSURANT, INC., 28 LIBERTY ST., 41 F, NEW YORK NY 10005