GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brown Advisory US Smaller Companies PLC (CHIX:BASCl) » Definitions » Cyclically Adjusted PB Ratio

Brown Advisory US Smaller (CHIX:BASCL) Cyclically Adjusted PB Ratio : 1.04 (As of Jun. 19, 2025)


View and export this data going back to 2015. Start your Free Trial

What is Brown Advisory US Smaller Cyclically Adjusted PB Ratio?

As of today (2025-06-19), Brown Advisory US Smaller's current share price is £14.20. Brown Advisory US Smaller's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 was £13.61. Brown Advisory US Smaller's Cyclically Adjusted PB Ratio for today is 1.04.

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

CHIX:BASCl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.83   Med: 1.32   Max: 1.73
Current: 0.92

During the past 13 years, Brown Advisory US Smaller's highest Cyclically Adjusted PB Ratio was 1.73. The lowest was 0.83. And the median was 1.32.

CHIX:BASCl's Cyclically Adjusted PB Ratio is ranked worse than
60.06% of 964 companies
in the Asset Management industry
Industry Median: 0.805 vs CHIX:BASCl: 0.92

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.

Brown Advisory US Smaller's adjusted book value per share data of for the fiscal year that ended in Jun24 was £14.715. 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 £13.61 for the trailing ten years ended in Jun24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Brown Advisory US Smaller Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brown Advisory US Smaller'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.

Brown Advisory US Smaller Cyclically Adjusted PB Ratio Chart

Brown Advisory US Smaller Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.11 1.49 0.99 0.97 0.95

Brown Advisory US Smaller Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - 0.97 - 0.95 -

Competitive Comparison of Brown Advisory US Smaller's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Brown Advisory US Smaller'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.


Brown Advisory US Smaller's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Brown Advisory US Smaller's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Brown Advisory US Smaller's Cyclically Adjusted PB Ratio falls into.


;
;

Brown Advisory US Smaller 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.

Brown Advisory US Smaller's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=14.20/13.61
=1.04

* 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.

Brown Advisory US Smaller's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun24 is calculated as:

For example, Brown Advisory US Smaller's adjusted Book Value per Share data for the fiscal year that ended in Jun24 was:

Adj_Book=Book Value per Share/CPI of Jun24 (Change)*Current CPI (Jun24)
=14.715/133.0000*133.0000
=14.715

Current CPI (Jun24) = 133.0000.

Brown Advisory US Smaller Annual Data

Book Value per Share CPI Adj_Book
201506 7.241 100.100 9.621
201606 7.873 101.000 10.367
201706 9.111 103.500 11.708
201806 11.034 105.900 13.858
201906 11.526 107.900 14.207
202006 11.163 108.800 13.646
202106 15.163 111.400 18.103
202206 13.039 120.500 14.392
202306 14.320 129.400 14.718
202406 14.715 133.000 14.715

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.


Brown Advisory US Smaller  (CHIX:BASCl) 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.


Brown Advisory US Smaller Cyclically Adjusted PB Ratio Related Terms

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


Brown Advisory US Smaller Business Description

Traded in Other Exchanges
Address
140 Aldersgate Street, 4th Floor, London, GBR, EC1A 4HY
Brown Advisory US Smaller Companies PLC is an investment trust. The company's main business is portfolio investment. Its investment objective is to achieve long-term capital growth by investing in a diversified portfolio of quoted U.S. smaller and medium-sized companies. The company's investing approach is long-term quality companies with limited downside risk. It focuses on capital preservation and a risk-averse approach. The company invests in consumer discretionary, consumer staples, energy, financial services, healthcare, materials and processing, producer durables, technology, and utilities sectors.

Brown Advisory US Smaller Headlines

No Headlines