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Charleslvard (Charleslvard) Cyclically Adjusted PB Ratio : 0.16 (As of Apr. 30, 2024)


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What is Charleslvard Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Charleslvard's current share price is $0.3363. Charleslvard's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.10. Charleslvard's Cyclically Adjusted PB Ratio for today is 0.16.

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

CTHR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.14   Med: 0.46   Max: 2.58
Current: 0.16

During the past years, Charleslvard's highest Cyclically Adjusted PB Ratio was 2.58. The lowest was 0.14. And the median was 0.46.

CTHR's Cyclically Adjusted PB Ratio is ranked better than
93.05% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs CTHR: 0.16

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.

Charleslvard's adjusted book value per share data for the three months ended in Dec. 2023 was $1.137. 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 $2.10 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Charleslvard Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Charleslvard'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.

Charleslvard Cyclically Adjusted PB Ratio Chart

Charleslvard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.65 0.32 1.30 0.52 0.43

Charleslvard 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 0.36 0.41 0.43 0.26 0.20

Competitive Comparison of Charleslvard's Cyclically Adjusted PB Ratio

For the Luxury Goods subindustry, Charleslvard'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.


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

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

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



Charleslvard 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.

Charleslvard's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.3363/2.1
=0.16

* 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.

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

For example, Charleslvard'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)
=1.137/129.4194*129.4194
=1.137

Current CPI (Dec. 2023) = 129.4194.

Charleslvard Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.809 99.695 3.647
201406 2.504 100.560 3.223
201409 2.377 100.428 3.063
201412 2.258 99.070 2.950
201503 2.189 99.621 2.844
201506 1.953 100.684 2.510
201509 1.884 100.392 2.429
201512 1.818 99.792 2.358
201603 1.740 100.470 2.241
201606 1.708 101.688 2.174
201609 1.670 101.861 2.122
201612 1.632 101.863 2.074
201703 1.588 102.862 1.998
201706 1.577 103.349 1.975
201709 1.577 104.136 1.960
201712 1.615 104.011 2.010
201803 1.598 105.290 1.964
201806 0.000 106.317 0.000
201809 1.574 106.507 1.913
201812 1.637 105.998 1.999
201903 1.671 107.251 2.016
201906 1.649 108.070 1.975
201909 1.624 108.329 1.940
201912 1.674 108.420 1.998
202003 1.457 108.902 1.732
202006 1.431 108.767 1.703
202009 1.464 109.815 1.725
202012 1.552 109.897 1.828
202103 1.579 111.754 1.829
202106 1.862 114.631 2.102
202109 1.880 115.734 2.102
202112 1.919 117.630 2.111
202203 1.934 121.301 2.063
202206 1.937 125.017 2.005
202209 1.922 125.227 1.986
202212 1.879 125.222 1.942
202303 1.605 127.348 1.631
202306 1.303 128.729 1.310
202309 1.222 129.860 1.218
202312 1.137 129.419 1.137

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.


Charleslvard  (NAS:CTHR) 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.


Charleslvard Cyclically Adjusted PB Ratio Related Terms

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


Charleslvard (Charleslvard) Business Description

Traded in Other Exchanges
Address
170 Southport Drive, Morrisville, NC, USA, 27560
Charles & Colvard Ltd manufactures, markets, and distributes finished jewellery which also includes moissanite gemstone in the jewellery market. The company sells jewels through two operating segments namely Online Channels segment and Traditional segment. It generates maximum revenue from the Online Channels segment. Online Channels segment which consists of e-commerce outlets including charlesandcolvard.com, moissaniteoutlet.com, third-party online marketplaces, drop-ship retail, and other pure-play, exclusively e-commerce outlets.
Executives
Don O'connell director, officer: President and CEO C/O CHARLES & COLVARD, LTD., 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Ollin B Sykes director C/O GATEWAY FINANCIAL HODINGS, P O BOX 1908, ELIZABETH CITY NC 27906
Clint J. Pete officer: CFO 1805 DUNES COURT, RALEIGH NC 27615
Neal I Goldman director 170 SOUTHPORT DRIVE, MORRISVILLE NC 27560
Anne M Butler director 59 ARMSTRONG ROAD, P.O. BOX 976, PLYMOUTH MA 02360
Benedetta I Casamento director 200 CAMPUS DRIVE, FLORHAM PARK NJ 07932
Suzanne Miglucci director, officer: President and CEO 10305 WHITESTONE ROAD, RALEIGH NC 27615
Jaqui Lividini director 27 EAST 95TH STREET, NEW YORK NY 10128
George R. Cattermole director 300 PERIMETER PARK DRIVE, STE A, MORRISVILLE NC 27560
Randy N Mccullough officer: President & CEO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Kyle Macemore officer: CFO C/O CHARLES & COLVARD, LTD., 300 PERIMETER PARK DRIVE, SUITE A, MORRISVILLE NC 27560
Charles D Lein director C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
Timothy L Krist officer: Chief Financial Officer C/O CHARLES & COLVARD LTD., 300 PERIMETER PARK DR., STE A, MORRISVILLE NC 27560
David B Barr director 1319 GARRICK WAY, MARIETTA 2Q 30068
Steve Larkin director 901 WEST WALNUT HILL LANE, IRVING TX 75038