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Points.com (STU:4QQ) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Points.com Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Points.com Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Points.com'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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Points.com Cyclically Adjusted PB Ratio Chart

Points.com Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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Points.com Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Points.com's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Points.com'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.


Points.com's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Points.com's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Points.com 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.

Points.com's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Points.com's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=3.832/117.6455*117.6455
=3.832

Current CPI (Mar. 2022) = 117.6455.

Points.com Quarterly Data

Book Value per Share CPI Adj_Book
201206 1.131 96.076 1.385
201209 1.136 96.392 1.386
201212 1.398 95.760 1.718
201303 1.429 97.103 1.731
201306 1.391 97.182 1.684
201309 1.455 97.419 1.757
201312 1.547 96.945 1.877
201403 1.562 98.604 1.864
201406 1.658 99.473 1.961
201409 1.843 99.394 2.181
201412 2.136 98.367 2.555
201503 2.509 99.789 2.958
201506 2.460 100.500 2.880
201509 2.443 100.421 2.862
201512 2.531 99.947 2.979
201603 2.601 101.054 3.028
201606 2.669 102.002 3.078
201609 2.687 101.765 3.106
201612 2.569 101.449 2.979
201703 2.630 102.634 3.015
201706 2.622 103.029 2.994
201709 2.493 103.345 2.838
201712 2.492 103.345 2.837
201803 2.332 105.004 2.613
201806 2.253 105.557 2.511
201809 2.388 105.636 2.659
201812 2.554 105.399 2.851
201903 2.444 106.979 2.688
201906 2.742 107.690 2.995
201909 2.682 107.611 2.932
201912 2.664 107.769 2.908
202003 2.603 107.927 2.837
202006 2.421 108.401 2.627
202009 2.234 108.164 2.430
202012 2.189 108.559 2.372
202103 3.257 110.298 3.474
202106 3.202 111.720 3.372
202109 3.137 112.905 3.269
202112 3.492 113.774 3.611
202203 3.832 117.646 3.832

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.


Points.com  (STU:4QQ) 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.


Points.com Cyclically Adjusted PB Ratio Related Terms

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Points.com (STU:4QQ) Business Description

Traded in Other Exchanges
N/A
Address
111 Richmond Street, Suite 700, Toronto, ON, CAN, M5H 2G4
Points.com Inc is a Canadian company which is engaged in providing web-based solutions to the loyalty program industry. It offers e-commerce services include the retailing and wholesaling of loyalty program currencies, a range of additional e-commerce products and management of an online consumer-focused loyalty points management web-portal. The company's operating segments are Loyalty Currency Retailing, Platform Partners, and Points Travel. It generates maximum revenue from the Loyalty Currency Retailing segment. The majority of the company's revenue is derived from the United States.

Points.com (STU:4QQ) Headlines

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