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Alan Allman Associates (LTS:0HNG) Cyclically Adjusted PB Ratio : (As of Sep. 22, 2024)


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What is Alan Allman Associates Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alan Allman Associates Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alan Allman Associates'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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Alan Allman Associates Cyclically Adjusted PB Ratio Chart

Alan Allman Associates Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.46 0.55 9.84 - -

Alan Allman Associates Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 9.84 - - - -

Competitive Comparison of Alan Allman Associates's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, Alan Allman Associates'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.


Alan Allman Associates's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Alan Allman Associates's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alan Allman Associates's Cyclically Adjusted PB Ratio falls into.



Alan Allman Associates 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.

Alan Allman Associates's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Alan Allman Associates's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=1.442/118.3900*118.3900
=1.442

Current CPI (Dec23) = 118.3900.

Alan Allman Associates Annual Data

Book Value per Share CPI Adj_Book
201312 -3.037 99.800 -3.603
201412 -6.137 99.860 -7.276
201612 -11.488 100.650 -13.513
201712 2.579 101.850 2.998
201812 1.321 103.470 1.511
201912 0.939 104.980 1.059
202012 13.156 104.960 14.839
202112 0.852 107.850 0.935
202212 1.106 114.160 1.147
202312 1.442 118.390 1.442

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.


Alan Allman Associates  (LTS:0HNG) 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.


Alan Allman Associates Cyclically Adjusted PB Ratio Related Terms

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Alan Allman Associates Business Description

Traded in Other Exchanges
Address
15 Rue Rouget de Lisle - Hall 2, Issy-les-Moulineaux, FRA, 92130
Alan Allman Associates coaches the ecosystem's companies (mostly consulting firms) helping them to define the key milestones of a sustainable strategy of growth and supports the management in the daily development of each company and the back-office operations. Its firms operate in various fields such as digital transformation, process management, cybersecurity, market finance, and others.

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