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Potbelly (FRA:PTB) Cyclically Adjusted PB Ratio : 2.38 (As of Sep. 21, 2024)


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What is Potbelly Cyclically Adjusted PB Ratio?

As of today (2024-09-21), Potbelly's current share price is €7.35. Potbelly's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 was €3.09. Potbelly's Cyclically Adjusted PB Ratio for today is 2.38.

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

FRA:PTB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.34   Med: 2.16   Max: 3.86
Current: 2.42

During the past years, Potbelly's highest Cyclically Adjusted PB Ratio was 3.86. The lowest was 1.34. And the median was 2.16.

FRA:PTB's Cyclically Adjusted PB Ratio is ranked worse than
55.65% of 230 companies
in the Restaurants industry
Industry Median: 1.965 vs FRA:PTB: 2.42

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.

Potbelly's adjusted book value per share data for the three months ended in Jun. 2024 was €1.499. 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 €3.09 for the trailing ten years ended in Jun. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Potbelly Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Potbelly'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.

Potbelly Cyclically Adjusted PB Ratio Chart

Potbelly 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 - - 1.85 1.57 2.85

Potbelly 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 2.49 2.03 2.85 3.40 2.33

Competitive Comparison of Potbelly's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Potbelly'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.


Potbelly's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Potbelly 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.35/3.09
=2.38

* 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.

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

For example, Potbelly'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)
=1.499/132.5538*132.5538
=1.499

Current CPI (Jun. 2024) = 132.5538.

Potbelly Quarterly Data

Book Value per Share CPI Adj_Book
201409 4.165 100.428 5.497
201412 4.374 99.070 5.852
201503 4.950 99.621 6.586
201506 4.740 100.684 6.240
201509 4.554 100.392 6.013
201512 4.517 99.792 6.000
201603 4.395 100.470 5.798
201606 4.296 101.688 5.600
201609 4.317 101.861 5.618
201612 4.657 101.863 6.060
201703 4.612 102.862 5.943
201706 4.394 103.349 5.636
201709 4.105 104.136 5.225
201712 3.945 104.011 5.028
201803 3.745 105.290 4.715
201806 3.968 106.317 4.947
201809 3.744 106.507 4.660
201812 3.465 105.998 4.333
201903 2.786 107.251 3.443
201906 2.698 108.070 3.309
201909 2.685 108.329 3.285
201912 2.621 108.420 3.204
202003 2.137 108.902 2.601
202006 1.281 108.767 1.561
202009 0.777 109.815 0.938
202012 0.195 109.897 0.235
202103 0.195 111.754 0.231
202106 0.078 114.631 0.090
202109 -0.007 115.734 -0.008
202112 -0.072 117.630 -0.081
202203 -0.314 121.301 -0.343
202206 -0.289 125.017 -0.306
202209 0.037 125.227 0.039
202212 0.147 125.222 0.156
202303 0.146 127.348 0.152
202306 0.234 128.729 0.241
202309 0.319 129.860 0.326
202312 0.459 129.419 0.470
202403 0.444 131.776 0.447
202406 1.499 132.554 1.499

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.


Potbelly  (FRA:PTB) 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.


Potbelly Cyclically Adjusted PB Ratio Related Terms

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


Potbelly Business Description

Traded in Other Exchanges
Address
111 North Canal Street, Suite 325, Chicago, IL, USA, 60606
Potbelly Corp owns and franchises hundreds of limited-service restaurants specializing in sandwiches and salads, shakes. The menu includes toasty sandwiches, signature salads, soups, chili, sides, desserts, and, in breakfast locations it serves breakfast sandwiches and steel-cut oatmeal. Most of its locations are company-owned and located in the United States, with Illinois and Texas housing far more locations than any other state. The company has franchise partners in a number of countries. Excluding the United States, most of Potbelly's franchises are in the Middle East.

Potbelly Headlines

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