Active Risk Group (LSE:ARI) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)

Active Risk Group Cyclically Adjusted PB Ratio Chart

Active Risk Group Annual Data
	Trend	Mar04	Mar05	Mar06	Mar07	Mar08	Mar09	Mar10	Mar11	Mar12	Mar13
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial					-	-	-	-	-

Active Risk Group Semi-Annual Data
	Sep04	Mar05	Sep05	Mar06	Sep06	Mar07	Sep07	Mar08	Sep08	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial													-	-	-	-	-

Competitive Comparison of Active Risk Group's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Active Risk Group'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.

Active Risk Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Active Risk Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Active Risk Group 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.

Active Risk Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar13 is calculated as:

For example, Active Risk Group's adjusted Book Value per Share data for the fiscal year that ended in Mar13 was:

Current CPI (Mar13) = 97.8000.

Active Risk Group Annual Data

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.

Active Risk Group  (LSE:ARI) 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.

Active Risk Group Cyclically Adjusted PB Ratio Related Terms

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Active Risk Group (LSE:ARI) Business Description