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LM Funding America (FRA:1YJA) Cyclically Adjusted PB Ratio : 0.04 (As of May. 24, 2024)


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What is LM Funding America Cyclically Adjusted PB Ratio?

As of today (2024-05-24), LM Funding America's current share price is €2.316. LM Funding America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €65.73. LM Funding America's Cyclically Adjusted PB Ratio for today is 0.04.

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

FRA:1YJA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.03   Max: 0.04
Current: 0.03

During the past years, LM Funding America's highest Cyclically Adjusted PB Ratio was 0.04. The lowest was 0.02. And the median was 0.03.

FRA:1YJA's Cyclically Adjusted PB Ratio is ranked better than
97.3% of 296 companies
in the Credit Services industry
Industry Median: 0.905 vs FRA:1YJA: 0.03

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.

LM Funding America's adjusted book value per share data for the three months ended in Mar. 2024 was €14.198. 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 €65.73 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LM Funding America Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LM Funding America'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.

LM Funding America Cyclically Adjusted PB Ratio Chart

LM Funding America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.04

LM Funding America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 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 - - - 0.04 0.04

Competitive Comparison of LM Funding America's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, LM Funding America'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.


LM Funding America's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



LM Funding America 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.

LM Funding America's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.316/65.73
=0.04

* 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.

LM Funding America's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, LM Funding America's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=14.198/131.7762*131.7762
=14.198

Current CPI (Mar. 2024) = 131.7762.

LM Funding America Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 100.560 0.000
201409 0.000 100.428 0.000
201412 -84.364 99.070 -112.216
201503 0.000 99.621 0.000
201506 -261.545 100.684 -342.313
201509 -246.091 100.392 -323.025
201512 522.727 99.792 690.263
201603 480.545 100.470 630.279
201606 438.818 101.688 568.658
201609 380.364 101.861 492.072
201612 359.273 101.863 464.779
201703 321.000 102.862 411.231
201706 242.182 103.349 308.796
201709 -130.455 104.136 -165.082
201712 36.372 104.011 46.081
201803 34.549 105.290 43.240
201806 61.852 106.317 76.664
201809 38.100 106.507 47.140
201812 49.021 105.998 60.943
201903 45.549 107.251 55.965
201906 41.759 108.070 50.919
201909 40.448 108.329 49.203
201912 24.426 108.420 29.688
202003 19.733 108.902 23.878
202006 32.451 108.767 39.316
202009 19.424 109.815 23.309
202012 18.334 109.897 21.984
202103 23.630 111.754 27.864
202106 33.565 114.631 38.585
202109 29.205 115.734 33.253
202112 24.784 117.630 27.765
202203 24.419 121.301 26.528
202206 28.256 125.017 29.784
202209 28.772 125.227 30.277
202212 21.282 125.222 22.396
202303 18.834 127.348 19.489
202306 15.553 128.729 15.921
202309 14.333 129.860 14.545
202312 13.311 129.419 13.553
202403 14.198 131.776 14.198

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.


LM Funding America  (FRA:1YJA) 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.


LM Funding America Cyclically Adjusted PB Ratio Related Terms

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


LM Funding America (FRA:1YJA) Business Description

Traded in Other Exchanges
Address
1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602
LM Funding America Inc is a financial services company. The company provides funding to nonprofit community associations located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. Its products include Original Product and New Neighbor Guaranty. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It currently has two lines of business recently commenced cryptocurrency mining business and historical specialty finance business. The Company has two operating segments: Specialty Finance and Mining Operations.

LM Funding America (FRA:1YJA) Headlines

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