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Green Dot (Green Dot) Cyclically Adjusted PB Ratio : 0.48 (As of Apr. 29, 2024)


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What is Green Dot Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Green Dot's current share price is $9.005. Green Dot's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $18.67. Green Dot's Cyclically Adjusted PB Ratio for today is 0.48.

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

GDOT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 2.19   Max: 7.87
Current: 0.48

During the past years, Green Dot's highest Cyclically Adjusted PB Ratio was 7.87. The lowest was 0.41. And the median was 2.19.

GDOT's Cyclically Adjusted PB Ratio is ranked better than
73.95% of 261 companies
in the Credit Services industry
Industry Median: 0.88 vs GDOT: 0.48

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.

Green Dot's adjusted book value per share data for the three months ended in Dec. 2023 was $16.271. 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 $18.67 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Green Dot Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Green Dot'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.

Green Dot Cyclically Adjusted PB Ratio Chart

Green Dot 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 1.91 4.00 2.23 0.89 0.53

Green Dot 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 0.89 0.94 1.01 0.75 0.53

Competitive Comparison of Green Dot's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Green Dot'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.


Green Dot's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



Green Dot 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.

Green Dot's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.005/18.67
=0.48

* 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.

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

For example, Green Dot'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)
=16.271/129.4194*129.4194
=16.271

Current CPI (Dec. 2023) = 129.4194.

Green Dot Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.818 99.695 14.043
201406 11.285 100.560 14.524
201409 11.796 100.428 15.201
201412 12.298 99.070 16.065
201503 13.296 99.621 17.273
201506 13.451 100.684 17.290
201509 13.208 100.392 17.027
201512 13.135 99.792 17.035
201603 13.956 100.470 17.977
201606 13.681 101.688 17.412
201609 13.387 101.861 17.009
201612 13.536 101.863 17.198
201703 13.802 102.862 17.365
201706 14.271 103.349 17.871
201709 14.608 104.136 18.155
201712 14.951 104.011 18.603
201803 16.113 105.290 19.806
201806 16.734 106.317 20.370
201809 16.932 106.507 20.575
201812 17.193 105.998 20.992
201903 18.415 107.251 22.221
201906 17.794 108.070 21.309
201909 18.011 108.329 21.517
201912 17.900 108.420 21.367
202003 18.693 108.902 22.215
202006 18.842 108.767 22.420
202009 18.872 109.815 22.241
202012 18.689 109.897 22.009
202103 18.818 111.754 21.793
202106 19.541 114.631 22.062
202109 19.790 115.734 22.130
202112 19.514 117.630 21.470
202203 18.123 121.301 19.336
202206 16.888 125.017 17.483
202209 14.859 125.227 15.357
202212 15.123 125.222 15.630
202303 16.552 127.348 16.821
202306 16.072 128.729 16.158
202309 15.170 129.860 15.119
202312 16.271 129.419 16.271

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.


Green Dot  (NYSE:GDOT) 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.


Green Dot Cyclically Adjusted PB Ratio Related Terms

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


Green Dot (Green Dot) Business Description

Traded in Other Exchanges
N/A
Address
114 West 7th Street, Suite 240, Austin, TX, USA, 78701
Green Dot Corp is a financial technology company that provides financial services for consumers in the United States without good banking options. Through its Account Services segment, the company offers GoBank mobile checking and Visa- or Mastercard-branded prepaid debit cards, both reloadable and non-reloadable. Green Dot also supplies private-label reloadable cards for Wal-Mart. Account services revenue is generated through monthly maintenance fees, ATM fees, new card fees, and interchange fees. The company's Processing and Settlement Services segment generates revenue through service fees on debit card reloads and tax refund processing. The tax refund processing business earns fees when customers of third-party tax preparers choose to pay the preparer's fee through Green Dot's service.
Executives
Michelleta Razon director 114 WEST 7TH STREET, SUITE 240, AUSTIN TX 78701
Starboard Value Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Lp 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Principal Co Gp Llc 10 percent owner, other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity S Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund Ltd other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity C Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Jeffrey C Smith 10 percent owner, other: See Footnote 2 201 E LAS OLAS BOULEVARD, SUITE 1000, FORT LAUDERDALE FL 33301
Starboard Value R Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard X Master Fund Ltd other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value L Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value R Gp Llc other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Starboard Value & Opportunity Master Fund L Lp other: See Footnote 2 777 THIRD AVENUE, 18TH FLOOR, NEW YORK NY 10017
Christian Devin Ruppel officer: Chief Revenue Officer 114 W 7TH STREET,, SUITE 240, AUSTIN TX 78701

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