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Beyond (FRA:OVER) Cyclically Adjusted PB Ratio : 2.45 (As of May. 07, 2024)


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What is Beyond Cyclically Adjusted PB Ratio?

As of today (2024-05-07), Beyond's current share price is €20.68. Beyond's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €8.45. Beyond's Cyclically Adjusted PB Ratio for today is 2.45.

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

FRA:OVER' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 6.92   Max: 29.32
Current: 2.39

During the past years, Beyond's highest Cyclically Adjusted PB Ratio was 29.32. The lowest was 0.81. And the median was 6.92.

FRA:OVER's Cyclically Adjusted PB Ratio is ranked worse than
72.06% of 723 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs FRA:OVER: 2.39

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.

Beyond's adjusted book value per share data for the three months ended in Dec. 2023 was €7.252. 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 €8.45 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beyond Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beyond'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.

Beyond Cyclically Adjusted PB Ratio Chart

Beyond 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 1.76 10.57 9.48 2.40 3.02

Beyond 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 2.40 2.38 3.68 1.73 3.02

Competitive Comparison of Beyond's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Beyond'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.


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

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

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



Beyond 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.68/8.45
=2.45

* 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.

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

For example, Beyond'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)
=7.252/129.4194*129.4194
=7.252

Current CPI (Dec. 2023) = 129.4194.

Beyond Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.781 99.695 4.908
201406 3.935 100.560 5.064
201409 4.135 100.428 5.329
201412 4.350 99.070 5.683
201503 4.932 99.621 6.407
201506 4.867 100.684 6.256
201509 5.255 100.392 6.774
201512 5.460 99.792 7.081
201603 5.792 100.470 7.461
201606 5.728 101.688 7.290
201609 5.660 101.861 7.191
201612 6.535 101.863 8.303
201703 6.357 102.862 7.998
201706 5.800 103.349 7.263
201709 5.473 104.136 6.802
201712 5.397 104.011 6.715
201803 5.053 105.290 6.211
201806 3.553 106.317 4.325
201809 4.583 106.507 5.569
201812 3.602 105.998 4.398
201903 3.460 107.251 4.175
201906 3.197 108.070 3.829
201909 2.665 108.329 3.184
201912 2.625 108.420 3.133
202003 2.250 108.902 2.674
202006 3.069 108.767 3.652
202009 7.099 109.815 8.366
202012 7.182 109.897 8.458
202103 7.108 111.754 8.232
202106 13.048 114.631 14.731
202109 14.013 115.734 15.670
202112 15.312 117.630 16.847
202203 15.571 121.301 16.613
202206 14.672 125.017 15.189
202209 14.941 125.227 15.441
202212 13.563 125.222 14.018
202303 13.238 127.348 13.453
202306 11.704 128.729 11.767
202309 10.676 129.860 10.640
202312 7.252 129.419 7.252

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.


Beyond  (FRA:OVER) 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.


Beyond Cyclically Adjusted PB Ratio Related Terms

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


Beyond (FRA:OVER) Business Description

Traded in Other Exchanges
Address
799 West Coliseum Way, Midvale, UT, USA, 84047
Beyond Inc is an online retailer that provides products and services through websites. The company offers a broad range of products, including furniture, décor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line account for a material part of its total revenue. The company operates through a direct business that makes sales from the company's own inventory, and a partner business that sells merchandise from manufacturers, distributors and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.

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