Fred's (STU:FR1A) Cyclically Adjusted PB Ratio : (As of Sep. 24, 2024)

Fred's Cyclically Adjusted PB Ratio Chart

Fred's Annual Data
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Fred's Quarterly Data
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Competitive Comparison of Fred's's Cyclically Adjusted PB Ratio

For the Discount Stores subindustry, Fred's'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.

Fred's's Cyclically Adjusted PB Ratio Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Fred's's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Fred's 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.

Fred's's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2019 is calculated as:

For example, Fred's's adjusted Book Value per Share data for the three months ended in Apr. 2019 was:

Current CPI (Apr. 2019) = 107.8184.

Fred's Quarterly Data

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.

Fred's  (STU:FR1A) 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.

Fred's Cyclically Adjusted PB Ratio Related Terms

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Fred's Business Description