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VALU (Value Line) Cyclically Adjusted PB Ratio : 7.66 (As of Jul. 27, 2024)


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What is Value Line Cyclically Adjusted PB Ratio?

As of today (2024-07-27), Value Line's current share price is $49.96. Value Line's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $6.52. Value Line's Cyclically Adjusted PB Ratio for today is 7.66.

The historical rank and industry rank for Value Line's Cyclically Adjusted PB Ratio or its related term are showing as below:

VALU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.25   Med: 5.59   Max: 18.05
Current: 7.73

During the past years, Value Line's highest Cyclically Adjusted PB Ratio was 18.05. The lowest was 1.25. And the median was 5.59.

VALU's Cyclically Adjusted PB Ratio is ranked worse than
90.26% of 626 companies
in the Capital Markets industry
Industry Median: 1.17 vs VALU: 7.73

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.

Value Line's adjusted book value per share data for the three months ended in Jan. 2024 was $9.467. 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 $6.52 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Value Line Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Value Line'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.

Value Line Cyclically Adjusted PB Ratio Chart

Value Line Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.71 7.52 6.69 12.23 7.57

Value Line Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 8.83 7.57 8.62 6.42 6.84

Competitive Comparison of Value Line's Cyclically Adjusted PB Ratio

For the Financial Data & Stock Exchanges subindustry, Value Line'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.


Value Line's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Value Line's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Value Line 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.

Value Line's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=49.96/6.52
=7.66

* 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.

Value Line's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Value Line's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=9.467/130.1244*130.1244
=9.467

Current CPI (Jan. 2024) = 130.1244.

Value Line Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.392 100.023 4.413
201407 3.437 100.520 4.449
201410 3.494 100.176 4.539
201501 3.564 98.604 4.703
201504 3.511 99.824 4.577
201507 3.545 100.691 4.581
201510 3.566 100.346 4.624
201601 3.584 99.957 4.666
201604 3.546 100.947 4.571
201607 4.003 101.524 5.131
201610 3.943 101.988 5.031
201701 3.952 102.456 5.019
201704 3.898 103.167 4.917
201707 3.952 103.278 4.979
201710 3.994 104.070 4.994
201801 4.589 104.578 5.710
201804 4.493 105.708 5.531
201807 4.663 106.324 5.707
201810 4.789 106.695 5.841
201901 4.846 106.200 5.938
201904 4.918 107.818 5.935
201907 5.101 108.250 6.132
201910 5.342 108.577 6.402
202001 5.638 108.841 6.741
202004 5.567 108.173 6.697
202007 5.902 109.318 7.025
202010 6.169 109.861 7.307
202101 6.636 110.364 7.824
202104 7.007 112.673 8.092
202107 7.391 115.183 8.350
202110 8.033 116.696 8.957
202201 8.332 118.619 9.140
202204 8.375 121.978 8.934
202207 8.376 125.002 8.719
202210 8.482 125.734 8.778
202301 8.711 126.223 8.980
202304 8.869 127.992 9.017
202307 9.065 128.974 9.146
202310 9.095 129.810 9.117
202401 9.467 130.124 9.467

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.


Value Line  (NAS:VALU) 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.


Value Line Cyclically Adjusted PB Ratio Related Terms

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


Value Line Business Description

Traded in Other Exchanges
N/A
Address
551 Fifth Avenue, 3rd Floor, New York, NY, USA, 10176-0001
Value Line Inc is a U.S based company. It produces investment periodicals based on underlying research and making available copyright data, including ranking system and other information, to third parties under written agreements for use in third-party managed and marketed investment products and for other purposes. The company markets under well-known brands including Value Line, the Value Line logo, The Value Line Investment Survey, Smart Research, Smarter Investing and The Most Trusted Name in Investment Research. Its only operating segment being Publishing.
Executives
Glenn J. Muenzer director 357 HARVARD COURT, EAST MEADOW NY 11554
Alfred R Fiore director 1 ANGORA ROAD, WESTPORT CT 06880
Howard A Brecher director, officer: Acting Chairman and Acting CEO VALUE LINE 220 E 42ND ST, SUITE 600, NEW YORK NY 10017
Stephen Anastasio officer: Chief Financial Officer 220 E 42ND STREET, NEW YORK NY 10017
William Edward Reed director 12 KNORR STREET, NORWALK CT 06854
Mary Bernstein director 220 E 42ND STREET, NEW YORK NY 10017
Stephen P Davis director 57 EAST 95TH STREET, NEW YORK NY 10128
Thomas Sarkany director, officer: Secretary 220 EAST 42ND STREET, 6TH FLOOR, NEW YORK NY 10017
Robert M. Perkins, director 220 EAST 42ND STREET, 6TH FLOOR, NEW YORK CITY NY 10017
Ruth O. Legon, director 220 EAST 42ND STREET, 6TH FLOOR, NEW YORK CITY NY 10017
Arnold Bernhard & Co Inc 10 percent owner 220 EAST 42ND STREET 6TH FLOOR, NEW YORK NY 10017
Janet Eakman director 220 E 42ND STREET, NEW YORK NY 10017
Mitchell Eric Appel officer: CFO VALUE LINE INC, 220 EAST 42ND STREET 6TH FLOOR, NEW YORK NY 10017
Edward J Shanahan director 220 EAST 42 STREET, NEW YORK NY 10017
Marianne B Asher director

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