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TheStreet (FRA:THSN) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is TheStreet Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


TheStreet Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TheStreet'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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TheStreet Cyclically Adjusted PB Ratio Chart

TheStreet Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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TheStreet Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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Competitive Comparison of TheStreet's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, TheStreet'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.


TheStreet's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, TheStreet's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



TheStreet 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.

TheStreet's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2019 is calculated as:

For example, TheStreet's adjusted Book Value per Share data for the three months ended in Jun. 2019 was:

Adj_Book=Book Value per Share/CPI of Jun. 2019 (Change)*Current CPI (Jun. 2019)
=2.377/108.0695*108.0695
=2.377

Current CPI (Jun. 2019) = 108.0695.

TheStreet Quarterly Data

Book Value per Share CPI Adj_Book
200909 23.486 91.120 27.855
200912 22.997 91.111 27.277
201003 24.066 91.821 28.325
201006 26.446 91.962 31.078
201009 24.144 92.162 28.311
201012 23.394 92.474 27.339
201103 21.167 94.283 24.262
201106 20.125 95.235 22.837
201109 20.546 95.727 23.195
201112 20.849 95.213 23.664
201203 19.146 96.783 21.379
201206 19.655 96.819 21.939
201209 18.221 97.633 20.169
201212 17.409 96.871 19.421
201303 17.177 98.209 18.902
201306 16.681 98.518 18.298
201309 16.260 98.790 17.787
201312 15.903 98.326 17.479
201403 15.249 99.695 16.530
201406 15.251 100.560 16.390
201409 15.820 100.428 17.024
201412 15.850 99.070 17.290
201503 17.166 99.621 18.622
201506 16.468 100.684 17.676
201509 16.219 100.392 17.459
201512 16.203 99.792 17.547
201603 14.850 100.470 15.973
201606 14.103 101.688 14.988
201609 13.757 101.861 14.595
201612 11.254 101.863 11.940
201703 10.890 102.862 11.441
201706 10.685 103.349 11.173
201709 10.184 104.136 10.569
201712 6.004 104.011 6.238
201803 5.903 105.290 6.059
201806 10.910 106.317 11.090
201809 10.714 106.507 10.871
201812 9.820 105.998 10.012
201903 18.893 107.251 19.037
201906 2.377 108.070 2.377

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.


TheStreet  (FRA:THSN) 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.


TheStreet Cyclically Adjusted PB Ratio Related Terms

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


TheStreet (FRA:THSN) Business Description

Traded in Other Exchanges
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Address
14 Wall Street, 15th Floor, New York, NY, USA, 10005
TheStreet Inc is a US-based financial news and information provider. Its business-to-business (B2B) and business-to-consumer (B2C) content and products provide individual and institutional investors, advisors and dealmakers with actionable information from the worlds of finance and business. The company's B2B products provide dealmakers, their advisers and institutional investors with news, data, and analysis of mergers and acquisitions and corporate actions, relationship mapping services, and competitive bank rate data. Its B2C business includes free content and houses premium subscription products. The company has three reportable segments: TheDeal/BoardEx (B2B), RateWatch and B2C. Revenue generated by the company includes subscription fees charged to institutional and retail customers.

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