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Ashley (Laura) Holdings (LSE:ALY) Cyclically Adjusted PB Ratio : (As of Jun. 17, 2024)


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What is Ashley (Laura) Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Ashley (Laura) Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ashley (Laura) Holdings'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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Ashley (Laura) Holdings Cyclically Adjusted PB Ratio Chart

Ashley (Laura) Holdings Annual Data
Trend Jan09 Jan10 Jan11 Jan12 Jan13 Jan14 Jan15 Jun17 Jun18 Jun19
Cyclically Adjusted PB Ratio
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Ashley (Laura) Holdings Semi-Annual Data
Jul09 Jan10 Jul10 Jan11 Jul11 Jan12 Jul12 Jan13 Jul13 Jan14 Jul14 Jan15 Jul15 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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Competitive Comparison of Ashley (Laura) Holdings's Cyclically Adjusted PB Ratio

For the Department Stores subindustry, Ashley (Laura) Holdings'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.


Ashley (Laura) Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Ashley (Laura) Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Ashley (Laura) Holdings's Cyclically Adjusted PB Ratio falls into.



Ashley (Laura) Holdings 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.

Ashley (Laura) Holdings's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun19 is calculated as:

For example, Ashley (Laura) Holdings's adjusted Book Value per Share data for the fiscal year that ended in Jun19 was:

Adj_Book=Book Value per Share/CPI of Jun19 (Change)*Current CPI (Jun19)
=0.028/107.9000*107.9000
=0.028

Current CPI (Jun19) = 107.9000.

Ashley (Laura) Holdings Annual Data

Book Value per Share CPI Adj_Book
200901 0.071 86.600 0.088
201001 0.067 88.800 0.081
201101 0.082 91.800 0.096
201201 0.083 94.700 0.095
201301 0.082 97.000 0.091
201401 0.065 98.700 0.071
201501 0.060 99.200 0.065
201706 0.049 103.500 0.051
201806 0.050 105.900 0.051
201906 0.028 107.900 0.028

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.


Ashley (Laura) Holdings  (LSE:ALY) 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.


Ashley (Laura) Holdings Cyclically Adjusted PB Ratio Related Terms

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Ashley (Laura) Holdings (LSE:ALY) Business Description

Traded in Other Exchanges
N/A
Address
27 Bagleys Lane, Fulham, London, GBR, SW6 2QA
Ashley (Laura) Holdings PLC is an international lifestyle brand, which specializes in retailing furniture, home accessories, decorating and fashion products. Its two operating segments are Retail and Non-Retail. Retail revenue reflects sales through its Stores; E-Commerce and Mail Order and Hotel. Its Non-retail revenue includes Licensing, Franchising, and Manufacturing. The company generates maximum revenue from the Retail segment which includes Stores. Geographically, it derives a majority of revenue from the UK, Ireland and France and also has a presence in Japan and the Rest of the World.

Ashley (Laura) Holdings (LSE:ALY) Headlines

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