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Premier Products Group (Premier Products Group) Cyclically Adjusted PB Ratio : (As of Jun. 25, 2024)


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What is Premier Products Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Premier Products Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Premier Products Group'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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Premier Products Group Cyclically Adjusted PB Ratio Chart

Premier Products Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Premier Products Group Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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Competitive Comparison of Premier Products Group's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Premier Products Group'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.


Premier Products Group's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Premier Products Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Premier Products Group 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.

Premier Products Group's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2021 is calculated as:

For example, Premier Products Group's adjusted Book Value per Share data for the three months ended in Sep. 2021 was:

Adj_Book=Book Value per Share/CPI of Sep. 2021 (Change)*Current CPI (Sep. 2021)
=-0.002/115.7343*115.7343
=-0.002

Current CPI (Sep. 2021) = 115.7343.

Premier Products Group Quarterly Data

Book Value per Share CPI Adj_Book
201112 -0.005 95.213 -0.006
201203 -0.005 96.783 -0.006
201206 -0.007 96.819 -0.008
201209 -0.009 97.633 -0.011
201212 -0.028 96.871 -0.033
201303 -0.025 98.209 -0.029
201306 -0.004 98.518 -0.005
201309 -0.012 98.790 -0.014
201312 -0.014 98.326 -0.016
201403 0.001 99.695 0.001
201406 0.007 100.560 0.008
201409 0.004 100.428 0.005
201412 -0.007 99.070 -0.008
201503 -0.009 99.621 -0.010
201506 -0.011 100.684 -0.013
201509 -0.012 100.392 -0.014
201512 -0.013 99.792 -0.015
201603 -0.003 100.470 -0.003
201606 -0.003 101.688 -0.003
201609 -0.003 101.861 -0.003
201612 -0.007 101.863 -0.008
201703 -0.004 102.862 -0.005
201706 -0.004 103.349 -0.004
201709 -0.004 104.136 -0.004
201712 -0.004 104.011 -0.004
201803 -0.003 105.290 -0.003
201806 -0.003 106.317 -0.003
201809 -0.003 106.507 -0.003
201812 -0.004 105.998 -0.004
201903 -0.004 107.251 -0.004
201906 -0.004 108.070 -0.004
201909 -0.004 108.329 -0.004
201912 -0.004 108.420 -0.004
202003 -0.004 108.902 -0.004
202006 -0.004 108.767 -0.004
202009 -0.004 109.815 -0.004
202012 -0.005 109.897 -0.005
202103 -0.001 111.754 -0.001
202106 -0.002 114.631 -0.002
202109 -0.002 115.734 -0.002

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.


Premier Products Group  (OTCPK:PMPG) 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.


Premier Products Group Cyclically Adjusted PB Ratio Related Terms

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Premier Products Group (Premier Products Group) Business Description

Traded in Other Exchanges
N/A
Address
6303 Owensmouth Avenue, Suite 1058, Woodland Hills, CA, USA, 91367
Premier Products Group Inc is a development stage company looking for a merger.
Executives
William M Wright director, officer: Chief Financaial Officer 3256 CHICO WAY NW BREMERTON WA 98312
Richard Michael Johnson director, officer: Chief Executive Officer 10777 WESTHEIMER RD SUITE 1100 HOUSTON TX 77042
Capital Managment Coron 10 percent owner 2 SHARON LANE SCARSDALE NY 10583
Andrew I Telsey director, officer: CEO/President/Secretary/Treas. 6198 SOUTH MOLINE COURT, ENGLEWOOD CO 80111
John Michael Coombs director, officer: President, CEO, CFO, Sec/Trea 2435 SCENIC DRIVE SALT LAKE CITY UT 84109
North Beck Joint Venture Llc 10 percent owner 2435 SCENIC DRIVE SALT LAKE CITY UT 84109