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NB Global Monthlyome Fund (LSE:NBCS) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is NB Global Monthlyome Fund Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


NB Global Monthlyome Fund Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NB Global Monthlyome Fund'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.

NB Global Monthlyome Fund Cyclically Adjusted PB Ratio Chart

NB Global Monthlyome Fund Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.73 0.83 0.65

NB Global Monthlyome Fund Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 0.83 - 0.65 -

Competitive Comparison of NB Global Monthlyome Fund's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, NB Global Monthlyome Fund'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.


NB Global Monthlyome Fund's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, NB Global Monthlyome Fund's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where NB Global Monthlyome Fund's Cyclically Adjusted PB Ratio falls into.



NB Global Monthlyome Fund 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.

NB Global Monthlyome Fund's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, NB Global Monthlyome Fund's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=0.21/125.2218*125.2218
=0.210

Current CPI (Dec22) = 125.2218.

NB Global Monthlyome Fund Annual Data

Book Value per Share CPI Adj_Book
201312 1.563 98.326 1.991
201412 1.511 99.070 1.910
201512 1.389 99.792 1.743
201612 1.230 101.863 1.512
201712 1.183 104.011 1.424
201812 0.874 105.998 1.033
201912 0.535 108.420 0.618
202012 0.286 109.897 0.326
202112 0.288 117.630 0.307
202212 0.210 125.222 0.210

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.


NB Global Monthlyome Fund  (LSE:NBCS) 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.


NB Global Monthlyome Fund Cyclically Adjusted PB Ratio Related Terms

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NB Global Monthlyome Fund Business Description

Traded in Other Exchanges
Address
1 Royal Plaza, Royal Avenue, St Peter Port, GGY, GY1 2HL
NB Global Monthly Income Fund Ltd is a closed-ended investment company. Its investment objective is to provide its shareholders with consistent levels of monthly income while maintaining or increasing the Net Asset Value (NAV) per share over time. It invests in diversified industry sectors. The Company's investment objective had been to target consistent levels of monthly income, whilst seeking to preserve or increase investors' capital. The Fund's managers seek to achieve the objective by investing in a broad range of credit assets, including but not limited to high yield and investment grade bonds and alternative credit comprising of distressed debt, mezzanine debt, and private corporate loans.

NB Global Monthlyome Fund Headlines

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