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Schroder Asian Total Return Investment Co (LSE:ATR) Cyclically Adjusted PB Ratio : 1.01 (As of May. 22, 2025)


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What is Schroder Asian Total Return Investment Co Cyclically Adjusted PB Ratio?

As of today (2025-05-22), Schroder Asian Total Return Investment Co's current share price is £4.63. Schroder Asian Total Return Investment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 was £4.60. Schroder Asian Total Return Investment Co's Cyclically Adjusted PB Ratio for today is 1.01.

The historical rank and industry rank for Schroder Asian Total Return Investment Co's Cyclically Adjusted PB Ratio or its related term are showing as below:

LSE:ATR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.88   Med: 1.31   Max: 1.87
Current: 1.02

During the past 13 years, Schroder Asian Total Return Investment Co's highest Cyclically Adjusted PB Ratio was 1.87. The lowest was 0.88. And the median was 1.31.

LSE:ATR's Cyclically Adjusted PB Ratio is ranked worse than
66.92% of 934 companies
in the Asset Management industry
Industry Median: 0.8 vs LSE:ATR: 1.02

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.

Schroder Asian Total Return Investment Co's adjusted book value per share data of for the fiscal year that ended in Dec24 was £5.090. 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 £4.60 for the trailing ten years ended in Dec24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Schroder Asian Total Return Investment Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Schroder Asian Total Return Investment Co'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.

Schroder Asian Total Return Investment Co Cyclically Adjusted PB Ratio Chart

Schroder Asian Total Return Investment Co Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.68 1.51 1.07 1.04 1.05

Schroder Asian Total Return Investment Co Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 1.07 - 1.04 - 1.05

Competitive Comparison of Schroder Asian Total Return Investment Co's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Schroder Asian Total Return Investment Co'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.


Schroder Asian Total Return Investment Co's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Schroder Asian Total Return Investment Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Schroder Asian Total Return Investment Co's Cyclically Adjusted PB Ratio falls into.


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Schroder Asian Total Return Investment Co 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.

Schroder Asian Total Return Investment Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.63/4.60
=1.01

* 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.

Schroder Asian Total Return Investment Co's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec24 is calculated as:

For example, Schroder Asian Total Return Investment Co's adjusted Book Value per Share data for the fiscal year that ended in Dec24 was:

Adj_Book=Book Value per Share/CPI of Dec24 (Change)*Current CPI (Dec24)
=5.09/135.1000*135.1000
=5.090

Current CPI (Dec24) = 135.1000.

Schroder Asian Total Return Investment Co Annual Data

Book Value per Share CPI Adj_Book
201512 2.114 100.400 2.845
201612 2.681 102.200 3.544
201712 3.548 105.000 4.565
201812 3.214 107.100 4.054
201912 3.656 108.500 4.552
202012 4.791 109.400 5.916
202112 5.072 114.700 5.974
202212 4.346 125.300 4.686
202312 4.612 130.500 4.775
202412 5.090 135.100 5.090

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.


Schroder Asian Total Return Investment Co  (LSE:ATR) 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.


Schroder Asian Total Return Investment Co Cyclically Adjusted PB Ratio Related Terms

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Schroder Asian Total Return Investment Co Business Description

Traded in Other Exchanges
N/A
Address
1 London Wall Place, London, GBR, EC2Y 5AU
Schroder Asian Total Return Investment Co PLC is a UK-based investment trust company. It seeks to provide a high rate of total return through investment in equities and equity-related securities of companies trading in the Asia-Pacific region except for Japan. The company invests in a diversified portfolio of 40-70 companies operating predominantly in Asia, including Australasia but excluding Japan. It offers a degree of capital preservation through the tactical use of derivative instruments. The company focuses on investing in companies with sound balance sheets, professional management, and capital allocation policies. It may use derivatives such as listed futures, call options, long puts, OTC instruments to protect the capital value of the portfolio, efficient portfolio management.