GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Big Yellow Group PLC (OTCPK:BYLOF) » Definitions » Cyclically Adjusted PB Ratio

BYLOF (Big Yellow Group) Cyclically Adjusted PB Ratio : 1.06 (As of Dec. 12, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Big Yellow Group Cyclically Adjusted PB Ratio?

As of today (2024-12-12), Big Yellow Group's current share price is $12.80. Big Yellow Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was $12.10. Big Yellow Group's Cyclically Adjusted PB Ratio for today is 1.06.

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

BYLOF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.1   Med: 1.71   Max: 2.89
Current: 1.1

During the past 13 years, Big Yellow Group's highest Cyclically Adjusted PB Ratio was 2.89. The lowest was 1.10. And the median was 1.71.

BYLOF's Cyclically Adjusted PB Ratio is ranked worse than
66.15% of 514 companies
in the REITs industry
Industry Median: 0.825 vs BYLOF: 1.10

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.

Big Yellow Group's adjusted book value per share data of for the fiscal year that ended in Mar24 was $15.946. 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 $12.10 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Big Yellow Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Big Yellow 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.

Big Yellow Group Cyclically Adjusted PB Ratio Chart

Big Yellow Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.82 1.89 2.19 1.41 1.14

Big Yellow Group Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 - 1.41 - 1.14 -

Competitive Comparison of Big Yellow Group's Cyclically Adjusted PB Ratio

For the REIT - Industrial subindustry, Big Yellow 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.


Big Yellow Group's Cyclically Adjusted PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Big Yellow Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Big Yellow 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.80/12.1
=1.06

* 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.

Big Yellow Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Big Yellow Group's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=15.946/131.6000*131.6000
=15.946

Current CPI (Mar24) = 131.6000.

Big Yellow Group Annual Data

Book Value per Share CPI Adj_Book
201503 7.166 99.600 9.468
201603 7.508 100.400 9.841
201703 6.962 102.700 8.921
201803 8.642 105.100 10.821
201903 8.885 107.000 10.928
202003 8.618 108.600 10.443
202103 11.465 109.700 13.754
202203 15.740 116.500 17.780
202303 14.462 126.800 15.009
202403 15.946 131.600 15.946

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.


Big Yellow Group  (OTCPK:BYLOF) 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.


Big Yellow Group Cyclically Adjusted PB Ratio Related Terms

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


Big Yellow Group Business Description

Industry
Traded in Other Exchanges
Address
Bridge Road, 2 The Deans, Bagshot, London, Surrey, GBR, GU19 5AT
Big Yellow Group PLC is a real estate investment trust that acquires, owns, and manages self-storage facilities throughout the United Kingdom. The company controls a real estate portfolio of storage properties operated mainly under the Big Yellow brand, with a smaller proportion also run under the lower-frills Armadillo Self Storage brand. Its facilities are located across London and the Southeast region of the U.K. The company derives the vast majority of its revenue in the form of self-storage income from its locations in London and the South East. A substantial percentage also comes from sales of packing materials and insurance. Its customers include individuals, retailers, professional service companies, hospitality firms, and wholesale merchants.

Big Yellow Group Headlines