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Cash America International (Cash America International) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Cash America International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Cash America International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Cash America International'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.

Cash America International Cyclically Adjusted PB Ratio Chart

Cash America International Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Cash America International Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Cash America International's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Cash America International'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.


Cash America International's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Cash America International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Cash America International 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.

Cash America International's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Cash America International's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=40.718/101.6881*101.6881
=40.718

Current CPI (Jun. 2016) = 101.6881.

Cash America International Quarterly Data

Book Value per Share CPI Adj_Book
200609 14.163 85.606 16.824
200612 14.855 85.142 17.742
200703 15.394 86.640 18.068
200706 15.748 87.906 18.217
200709 16.172 87.964 18.695
200712 17.066 88.616 19.583
200803 17.855 90.090 20.154
200806 18.500 92.320 20.377
200809 18.369 92.307 20.236
200812 19.477 88.697 22.330
200903 20.189 89.744 22.876
200906 21.621 91.003 24.160
200909 21.170 91.120 23.625
200912 23.012 91.111 25.683
201003 24.229 91.821 26.833
201006 24.739 91.962 27.356
201009 25.789 92.162 28.455
201012 26.951 92.474 29.636
201103 28.156 94.283 30.367
201106 29.088 95.235 31.059
201109 29.788 95.727 31.643
201112 30.881 95.213 32.981
201203 32.530 96.783 34.179
201206 33.290 96.819 34.964
201209 33.599 97.633 34.994
201212 32.806 96.871 34.437
201303 33.557 98.209 34.746
201306 33.606 98.518 34.687
201309 35.003 98.790 36.030
201312 35.800 98.326 37.024
201403 39.062 99.695 39.843
201406 38.883 100.560 39.319
201409 37.259 100.428 37.727
201412 39.338 99.070 40.378
201503 39.890 99.621 40.718
201506 40.176 100.684 40.577
201509 39.959 100.392 40.475
201512 40.131 99.792 40.893
201603 40.520 100.470 41.011
201606 40.718 101.688 40.718

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.


Cash America International  (NYSE:CSH) 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.


Cash America International Cyclically Adjusted PB Ratio Related Terms

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


Cash America International (Cash America International) Business Description

Traded in Other Exchanges
N/A
Address
Cash America International Inc was incorporated in 1984. The Company and its subsidiaries provide specialty financial services to individuals through retail services locations and e-commerce activities. It has two reportable segments: retail services and e-commerce. The retail services segment includes all of the operations of the Company's Retail Services Division, which is composed of both domestic and foreign storefront locations that offer some or all of the following services: pawn lending, consumer loans, check cashing and other ancillary services such as money orders, wire transfers and pre-paid debit cards. (Its ancillary services are provided through third-party vendors.) The e-commerce segment includes the operations of the Company's E-Commerce Division, which is composed of the Company's domestic and foreign online lending channels and the Company's MLOC channel. It offers short-term cash advances exclusively over the internet under the name CashNetUSA in the United States, under the name QuickQuid in the United Kingdom and under the name DollarsDirect in Australia and Canada. The Company operates its locations under the trade names Cash America Pawn, Cash America Payday Advance, Cashland, Mr. Payroll, SuperPawn, CashNetUSA QuickQuid, DollarsDirect and Prenda Facil. The Company's marks Cash America, Cashland, SuperPawn, CashNetUSA and Mr. Payroll are registered with the United States Patent and Trademark Office. The mark Prenda Facil is registered with the Mexican Industrial Property Institute. The principal competitors for its e-commerce segment in the United States include Miami Nation Enterprises, Integrity Advance, Think Finance and certain offshore lenders. In the United Kingdom, the Company believes that its principal online competitors include PaydayUK, PaydayExpress, Wonga and Lending Stream. In Australia, the Company believes its main online competitors are Nimble, Cash Converters and First Stop Money. In Canada, the industry has been dominated by storefront lenders and as a result, the Company's principal competitors are not online lenders but storefront lenders, such as Money Mart, The Cash Store and Cash Money. The Company's operations are subject to regulation, supervision and licensing under various federal, state and local statutes, ordinances and regulations.
Executives
James H Graves director ERWIN GRAVES & ASSOCIATES, 2100 MCKINNEY AVE STE 900, DALLAS TX 75205
Daniel E Berce director 801 CHERRY STREET, SUITE 3900, C/O GM FINANCIAL COMPANY, INC., FORT WORTH TX 76102
Daniel R Feehan director CASH AMERICA INTL INC, 1600 W &TH ST, FORT WORTH TX 76102
Thomas Brent Stuart director, officer: President and CEO 1600 W. 7TH STREET, FORT WORTH TX 76102
B D Hunter director
Timothy S Ho officer: President - E-Commerce Div. C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
David Fisher officer: CEO of E-Commerce Division 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Morris Clifton H Jr director C/O AMERICREDIT CORP, 801 CHERRY ST, FORT WORTH TX 76102

Cash America International (Cash America International) Headlines

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