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Encompass Holdings (Encompass Holdings) Cyclically Adjusted PB Ratio : (As of May. 14, 2024)


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What is Encompass Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Encompass Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Encompass Holdings'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.

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Encompass Holdings Cyclically Adjusted PB Ratio Chart

Encompass Holdings Annual Data
Trend Dec98 Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Jun05 Jun06 Jun07
Cyclically Adjusted PB Ratio
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Encompass Holdings Quarterly Data
Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Mar08
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Competitive Comparison of Encompass Holdings's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Encompass Holdings'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.


Encompass Holdings's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Encompass Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Encompass Holdings 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.

Encompass Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun07 is calculated as:

For example, Encompass Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun07 was:

Adj_Book=Book Value per Share/CPI of Jun07 (Change)*Current CPI (Jun07)
=-0.271/87.9059*87.9059
=-0.271

Current CPI (Jun07) = 87.9059.

Encompass Holdings Annual Data

Book Value per Share CPI Adj_Book
199812 -397.771 69.151 -505.652
199912 -277.556 71.008 -343.608
200012 15.161 73.413 18.154
200112 -636.546 74.552 -750.569
200212 -136.038 76.324 -156.682
200312 -10.761 77.758 -12.165
200412 -7.781 80.290 -8.519
200506 23.265 82.062 24.922
200606 4.437 85.606 4.556
200706 -0.271 87.906 -0.271

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.


Encompass Holdings  (OTCPK:ECMH) 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.


Encompass Holdings Cyclically Adjusted PB Ratio Related Terms

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Encompass Holdings (Encompass Holdings) Business Description

Traded in Other Exchanges
N/A
Address
310 California Avenue, Suite 554, Reno, NV, USA, 89509
Encompass Holdings Inc acquires ownership interests in developing businesses, providing financial and executive resources. Encompass is the parent company of Aqua Extremes, a maker of jet-powered recreational watercraft and Nacio Systems, a provider of information technology services including web production and on-demand software.

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