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Castle Alternative Invest AG in Liquidation (LTS:0P6H) Cyclically Adjusted PB Ratio : 0.10 (As of Jun. 25, 2024)


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What is Castle Alternative Invest AG in Liquidation Cyclically Adjusted PB Ratio?

As of today (2024-06-25), Castle Alternative Invest AG in Liquidation's current share price is CHF18.00. Castle Alternative Invest AG in Liquidation's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 was CHF173.33. Castle Alternative Invest AG in Liquidation's Cyclically Adjusted PB Ratio for today is 0.10.

The historical rank and industry rank for Castle Alternative Invest AG in Liquidation's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0P6H's Cyclically Adjusted PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.79
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Castle Alternative Invest AG in Liquidation's adjusted book value per share data of for the fiscal year that ended in Dec21 was CHF1.907. 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 CHF173.33 for the trailing ten years ended in Dec21.

Shiller PE for Stocks: The True Measure of Stock Valuation


Castle Alternative Invest AG in Liquidation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Castle Alternative Invest AG in Liquidation'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.

Castle Alternative Invest AG in Liquidation Cyclically Adjusted PB Ratio Chart

Castle Alternative Invest AG in Liquidation Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.91 0.84 0.75 0.10

Castle Alternative Invest AG in Liquidation Semi-Annual Data
Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22
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 - 0.75 - 0.10 -

Competitive Comparison of Castle Alternative Invest AG in Liquidation's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Castle Alternative Invest AG in Liquidation'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.


Castle Alternative Invest AG in Liquidation's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Castle Alternative Invest AG in Liquidation's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Castle Alternative Invest AG in Liquidation's Cyclically Adjusted PB Ratio falls into.



Castle Alternative Invest AG in Liquidation 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.

Castle Alternative Invest AG in Liquidation's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.00/173.33
=0.10

* 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.

Castle Alternative Invest AG in Liquidation's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec21 is calculated as:

For example, Castle Alternative Invest AG in Liquidation's adjusted Book Value per Share data for the fiscal year that ended in Dec21 was:

Adj_Book=Book Value per Share/CPI of Dec21 (Change)*Current CPI (Dec21)
=1.907/101.7755*101.7755
=1.907

Current CPI (Dec21) = 101.7755.

Castle Alternative Invest AG in Liquidation Annual Data

Book Value per Share CPI Adj_Book
201212 15.622 100.968 15.747
201312 16.943 101.036 17.067
201412 19.209 100.704 19.413
201512 19.003 99.386 19.460
201612 20.298 99.380 20.787
201712 19.859 100.213 20.169
201812 19.380 100.906 19.547
201912 15.023 101.063 15.129
202012 14.222 100.241 14.440
202112 1.907 101.776 1.907

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.


Castle Alternative Invest AG in Liquidation  (LTS:0P6H) 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.


Castle Alternative Invest AG in Liquidation Cyclically Adjusted PB Ratio Related Terms

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Castle Alternative Invest AG in Liquidation (LTS:0P6H) Business Description

Traded in Other Exchanges
N/A
Address
Schutzenstrasse 6, Pfaffikon, Zurich, CHE, CH-8808
Castle Alternative Invest AG is an investment company specializing in hedge fund investments. The company's investment objective is to provide Shareholders with long term capital growth through investment in a well-diversified and managed the portfolio of hedge funds, managed accounts, and other investment vehicles. It invests in a balanced portfolio using all hedge fund strategies including long/short, relative value, event driven and macro/CTA. The company operates its business through its subsidiaries in Grand Cayman, Cayman Island, and Dublin, Ireland.

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