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Topps Tiles (CHIX:TPTL) Cyclically Adjusted PB Ratio : 3.52 (As of May. 28, 2024)


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What is Topps Tiles Cyclically Adjusted PB Ratio?

As of today (2024-05-28), Topps Tiles's current share price is £0.422. Topps Tiles's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was £0.12. Topps Tiles's Cyclically Adjusted PB Ratio for today is 3.52.

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

CHIX:TPTl' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.38   Med: 10.33   Max: 81
Current: 3.71

During the past 13 years, Topps Tiles's highest Cyclically Adjusted PB Ratio was 81.00. The lowest was 3.38. And the median was 10.33.

CHIX:TPTl's Cyclically Adjusted PB Ratio is ranked worse than
82.74% of 736 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs CHIX:TPTl: 3.71

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.

Topps Tiles's adjusted book value per share data of for the fiscal year that ended in Sep23 was £0.118. 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 £0.12 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Topps Tiles Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Topps Tiles'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.

Topps Tiles Cyclically Adjusted PB Ratio Chart

Topps Tiles Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.72 14.19 10.84 4.10 4.08

Topps Tiles Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 - 4.10 - 4.08 -

Competitive Comparison of Topps Tiles's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, Topps Tiles'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.


Topps Tiles's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Topps Tiles 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.

Topps Tiles's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.422/0.12
=3.52

* 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.

Topps Tiles's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Topps Tiles's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.118/130.1000*130.1000
=0.118

Current CPI (Sep23) = 130.1000.

Topps Tiles Annual Data

Book Value per Share CPI Adj_Book
201409 0.004 100.000 0.005
201509 0.056 100.200 0.073
201609 0.089 101.500 0.114
201709 0.120 104.300 0.150
201809 0.136 106.600 0.166
201909 0.154 108.400 0.185
202009 0.072 109.200 0.086
202109 0.127 112.400 0.147
202209 0.135 122.300 0.144
202309 0.118 130.100 0.118

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.


Topps Tiles  (CHIX:TPTl) 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.


Topps Tiles Cyclically Adjusted PB Ratio Related Terms

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


Topps Tiles (CHIX:TPTL) Business Description

Traded in Other Exchanges
Address
Thorpe Way, Grove Park, Enderby, Leicestershire, GBR, LE19 1SU
Topps Tiles PLC is a tile and flooring retailer in the UK. The company focuses on selling ceramic and porcelain tiles, natural stone, and related products for homes and businesses. It offers products such as bathroom tiles, kitchen tiles, floor tiles, wall tiles, mosaic tiles, natural stone, and other tools and essentials. The company generates the majority of its revenues from sales in the UK.

Topps Tiles (CHIX:TPTL) Headlines

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