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Turning Point Brands (FRA:0T5) Cyclically Adjusted PB Ratio : 8.58 (As of Sep. 21, 2024)


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What is Turning Point Brands Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Turning Point Brands's current share price is €37.00. Turning Point Brands's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €4.31. Turning Point Brands's Cyclically Adjusted PB Ratio for today is 8.58.

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

FRA:0T5' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 6.36   Med: 7.75   Max: 8.93
Current: 8.93

During the past years, Turning Point Brands's highest Cyclically Adjusted PB Ratio was 8.93. The lowest was 6.36. And the median was 7.75.

FRA:0T5's Cyclically Adjusted PB Ratio is ranked worse than
82.14% of 28 companies
in the Tobacco Products industry
Industry Median: 1.58 vs FRA:0T5: 8.93

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.

Turning Point Brands's adjusted book value per share data for the three months ended in Jun. 2024 was €9.071. 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 €4.31 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Turning Point Brands Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Turning Point Brands'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.

Turning Point Brands Cyclically Adjusted PB Ratio Chart

Turning Point Brands Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Turning Point Brands Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - - - 6.91 6.87

Competitive Comparison of Turning Point Brands's Cyclically Adjusted PB Ratio

For the Tobacco subindustry, Turning Point Brands'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.


Turning Point Brands's Cyclically Adjusted PB Ratio Distribution in the Tobacco Products Industry

For the Tobacco Products industry and Consumer Defensive sector, Turning Point Brands's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Turning Point Brands 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.

Turning Point Brands's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=37.00/4.31
=8.58

* 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.

Turning Point Brands's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, Turning Point Brands's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=9.071/132.5538*132.5538
=9.071

Current CPI (Jun. 2024) = 132.5538.

Turning Point Brands Quarterly Data

Book Value per Share CPI Adj_Book
201409 0.000 100.428 0.000
201412 -4.447 99.070 -5.950
201503 0.000 99.621 0.000
201506 0.000 100.684 0.000
201509 -4.513 100.392 -5.959
201512 -4.321 99.792 -5.740
201603 -4.103 100.470 -5.413
201606 0.538 101.688 0.701
201609 0.865 101.861 1.126
201612 1.755 101.863 2.284
201703 1.782 102.862 2.296
201706 1.957 103.349 2.510
201709 2.172 104.136 2.765
201712 2.346 104.011 2.990
201803 2.316 105.290 2.916
201806 2.885 106.317 3.597
201809 3.377 106.507 4.203
201812 3.714 105.998 4.644
201903 4.016 107.251 4.963
201906 4.592 108.070 5.632
201909 4.403 108.329 5.388
201912 4.874 108.420 5.959
202003 4.865 108.902 5.922
202006 5.097 108.767 6.212
202009 5.203 109.815 6.280
202012 4.873 109.897 5.878
202103 5.334 111.754 6.327
202106 5.715 114.631 6.609
202109 6.203 115.734 7.104
202112 6.322 117.630 7.124
202203 6.482 121.301 7.083
202206 6.665 125.017 7.067
202209 7.408 125.227 7.841
202212 6.028 125.222 6.381
202303 6.293 127.348 6.550
202306 6.718 128.729 6.918
202309 7.397 129.860 7.550
202312 7.864 129.419 8.054
202403 8.349 131.776 8.398
202406 9.071 132.554 9.071

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.


Turning Point Brands  (FRA:0T5) 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.


Turning Point Brands Cyclically Adjusted PB Ratio Related Terms

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


Turning Point Brands Business Description

Traded in Other Exchanges
Address
5201 Interchange Way, Louisville, KY, USA, 40229
Turning Point Brands Inc operates as an independent provider of Other Tobacco Products (OTP) in the U.S. It offers a wide range of products across the OTP spectrum including moist snuff tobacco (MST), loose-leaf chewing tobacco, premium cigarette papers, make- your-own (MYO) cigar wraps, cigars, liquid vapor products, and tobacco vaporizer products. It operates in three segments namely Zig-Zag products; Stoker's products and NewGen products. The company generates maximum revenue from the Zig-Zag products segment.

Turning Point Brands Headlines

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