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Live Ventures (Live Ventures) Cyclically Adjusted PB Ratio : 1.04 (As of Apr. 29, 2024)


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What is Live Ventures Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Live Ventures's current share price is $25.05. Live Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $24.15. Live Ventures's Cyclically Adjusted PB Ratio for today is 1.04.

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

LIVE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.07   Med: 0.56   Max: 5.52
Current: 1.07

During the past years, Live Ventures's highest Cyclically Adjusted PB Ratio was 5.52. The lowest was 0.07. And the median was 0.56.

LIVE's Cyclically Adjusted PB Ratio is ranked better than
53.27% of 719 companies
in the Retail - Cyclical industry
Industry Median: 1.16 vs LIVE: 1.07

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.

Live Ventures's adjusted book value per share data for the three months ended in Dec. 2023 was $31.455. 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 $24.15 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Live Ventures Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Live Ventures'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.

Live Ventures Cyclically Adjusted PB Ratio Chart

Live Ventures Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.75 0.81 2.47 1.27 1.20

Live Ventures 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 1.53 1.43 1.16 1.20 1.05

Competitive Comparison of Live Ventures's Cyclically Adjusted PB Ratio

For the Home Improvement Retail subindustry, Live Ventures'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.


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

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

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



Live Ventures 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.

Live Ventures's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.05/24.15
=1.04

* 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.

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

For example, Live Ventures'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)
=31.455/129.4194*129.4194
=31.455

Current CPI (Dec. 2023) = 129.4194.

Live Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.365 99.695 6.965
201406 5.880 100.560 7.568
201409 5.393 100.428 6.950
201412 4.810 99.070 6.284
201503 4.565 99.621 5.930
201506 3.771 100.684 4.847
201509 2.237 100.392 2.884
201512 2.361 99.792 3.062
201603 2.806 100.470 3.615
201606 7.580 101.688 9.647
201609 8.675 101.861 11.022
201612 14.105 101.863 17.921
201703 15.018 102.862 18.895
201706 16.219 103.349 20.310
201709 16.860 104.136 20.954
201712 17.871 104.011 22.237
201803 18.930 105.290 23.268
201806 20.154 106.317 24.533
201809 19.925 106.507 24.211
201812 21.111 105.998 25.776
201903 21.667 107.251 26.146
201906 22.798 108.070 27.302
201909 18.690 108.329 22.329
201912 23.388 108.420 27.918
202003 27.108 108.902 32.215
202006 24.533 108.767 29.191
202009 27.651 109.815 32.587
202012 31.499 109.897 37.095
202103 37.289 111.754 43.183
202106 43.306 114.631 48.893
202109 47.732 115.734 53.376
202112 51.880 117.630 57.080
202203 30.813 121.301 32.875
202206 31.937 125.017 33.062
202209 31.745 125.227 32.808
202212 32.403 125.222 33.489
202303 32.750 127.348 33.283
202306 33.071 128.729 33.248
202309 31.645 129.860 31.538
202312 31.455 129.419 31.455

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.


Live Ventures  (NAS:LIVE) 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.


Live Ventures Cyclically Adjusted PB Ratio Related Terms

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


Live Ventures (Live Ventures) Business Description

Traded in Other Exchanges
Address
325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119
Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.
Executives
John Isaac director, 10 percent owner 501 W. BROADWAY, SUITE A212, SAN DIEGO CA 92101
Dennis Gao director 325 E. WARM SPRINGS ROAD, SUITE 102, LAS VEGAS NV 89119
David Lee Verret officer: Chief Accounting Officer 5900 COPPER CANYON DR., THE COLONY TX 75056
Michael Jason Stein officer: Sr. VP, General Counsel 325 E WARM SPRINGS ROAD, LAS VEGAS NV 89119
Rodney Dale Spriggs officer: CEO, Vintage Stock, Inc. 3703 RED FOX RUN, JOPLIN MO 64804
Eric Adam Althofer officer: COO 7707 DEERFIELD MANOR DR, CHARLOTTE NC 28270
Thomas Robert Sedlak officer: CEO Precision Industries, Inc. 87 PORTER HILL ROAD, WASHINGTON PA 15301
Godfrey Weston A Jr officer: CEO, Marquis Industries, Inc. PO BOX 1308, CHATSWORTH GA 30705
Virland A Johnson officer: Chief Financial Officer 20488 N 86 LANE, PEORIA AZ 85382
Richard Butler director 4840 EAST JASMINE ST., SUITE 105, MESA AZ 85205
Tyler Sickmeyer director 1440 HOTEL CIRCLE NORTH, #423, SAN DIEGO CA 92108
Isaac Capital Group, Llc 10 percent owner 501 W. BROADWAY, #A212, SAN DIEGO CA 92101
Clarke Thomas J Jr director 11534 VILLA VASARI, PALM BEACH GARDENS FL 33418
Antonios Isaac director 3525 DEL MAR HEIGHTS RD., #765, SAN DIEGO CA 92130
John Kocmur director, 10 percent owner 2490 EAST SUNSET ROAD, SUITE 100, LAS VEGAS NV 89120

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