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nFinanSe (nFinanSe) Cyclically Adjusted PB Ratio : (As of Jun. 21, 2024)


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What is nFinanSe Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


nFinanSe Cyclically Adjusted PB Ratio Historical Data

The historical data trend for nFinanSe'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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nFinanSe Cyclically Adjusted PB Ratio Chart

nFinanSe Annual Data
Trend Aug01 Aug02 Aug03 Sep04 Sep05 Sep06 Dec07 Dec08 Dec09 Dec10
Cyclically Adjusted PB Ratio
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nFinanSe Quarterly Data
Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11
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Competitive Comparison of nFinanSe's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, nFinanSe'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.


nFinanSe's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, nFinanSe's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



nFinanSe 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.

nFinanSe's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2011 is calculated as:

For example, nFinanSe's adjusted Book Value per Share data for the three months ended in Sep. 2011 was:

Adj_Book=Book Value per Share/CPI of Sep. 2011 (Change)*Current CPI (Sep. 2011)
=0.062/95.7269*95.7269
=0.062

Current CPI (Sep. 2011) = 95.7269.

nFinanSe Quarterly Data

Book Value per Share CPI Adj_Book
200108 -0.013 74.889 -0.017
200111 -0.020 74.847 -0.026
200202 -0.029 75.016 -0.037
200205 -0.031 75.860 -0.039
200208 0.058 76.239 0.073
200211 0.041 76.492 0.051
200302 0.033 77.252 0.041
200305 -0.063 77.421 -0.078
200308 -0.025 77.885 -0.031
200311 -0.027 77.843 -0.033
200402 -0.029 78.560 -0.035
200405 -0.039 79.783 -0.047
200412 0.789 80.290 0.941
200503 0.625 81.555 0.734
200506 1.442 82.062 1.682
200509 -1.237 83.876 -1.412
200512 -1.605 83.032 -1.850
200603 0.256 84.298 0.291
200606 -0.398 85.606 -0.445
200609 -1.483 85.606 -1.658
200612 1.158 85.142 1.302
200703 0.666 86.640 0.736
200706 1.488 87.906 1.620
200709 0.999 87.964 1.087
200712 0.705 88.616 0.762
200803 0.545 90.090 0.579
200806 1.037 92.320 1.075
200809 0.829 92.307 0.860
200812 0.518 88.697 0.559
200903 0.270 89.744 0.288
200906 -0.063 91.003 -0.066
200909 0.841 91.120 0.884
200912 0.566 91.111 0.595
201003 0.137 91.821 0.143
201006 0.056 91.962 0.058
201009 0.096 92.162 0.100
201012 0.071 92.474 0.073
201103 0.105 94.283 0.107
201106 0.069 95.235 0.069
201109 0.062 95.727 0.062

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.


nFinanSe  (OTCPK:NFSE) 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.


nFinanSe Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of nFinanSe's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


nFinanSe (nFinanSe) Business Description

Industry
Traded in Other Exchanges
N/A
Address
P.O. Box 89233, Tampa, FL, USA, 33619
nFinanSe Inc is a United States based provider of stored value cards for a variety of markets, including grocery stores, convenience stores and general merchandise stores.
Executives
Donald A Harris director C/O NFINANSE INC., 3923 COCONUT PALM DRIVE, SUITE 107, TAMPA FL 33619
Trellus Partners Lp 10 percent owner CHRISTINE STAMAS
Adam Usdan 10 percent owner C/O TRELLUS MANAGEMENT COMPANY, LLC, 350 MADISON AVENUE, 9TH FLOOR, NEW YORK NY 10017

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