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Yale Transaction Finders (Yale Transaction Finders) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


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What is Yale Transaction Finders Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yale Transaction Finders Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yale Transaction Finders'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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Yale Transaction Finders Cyclically Adjusted PB Ratio Chart

Yale Transaction Finders Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Yale Transaction Finders Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Yale Transaction Finders's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Yale Transaction Finders'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.


Yale Transaction Finders's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Yale Transaction Finders's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yale Transaction Finders 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.

Yale Transaction Finders's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Yale Transaction Finders's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=-0.018/131.7762*131.7762
=-0.018

Current CPI (Mar. 2024) = 131.7762.

Yale Transaction Finders Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.089 100.560 -0.117
201409 -0.093 100.428 -0.122
201412 -0.096 99.070 -0.128
201503 -0.101 99.621 -0.134
201506 -0.105 100.684 -0.137
201509 -0.109 100.392 -0.143
201512 -0.113 99.792 -0.149
201603 -0.117 100.470 -0.153
201606 -0.122 101.688 -0.158
201609 -0.126 101.861 -0.163
201612 -0.130 101.863 -0.168
201703 -0.134 102.862 -0.172
201706 -0.138 103.349 -0.176
201709 -0.143 104.136 -0.181
201712 -0.147 104.011 -0.186
201803 -0.152 105.290 -0.190
201806 -0.156 106.317 -0.193
201809 -0.155 106.507 -0.192
201812 -0.165 105.998 -0.205
201903 -0.170 107.251 -0.209
201906 -0.174 108.070 -0.212
201909 -0.178 108.329 -0.217
201912 -0.184 108.420 -0.224
202003 -0.189 108.902 -0.229
202006 -0.194 108.767 -0.235
202009 -0.199 109.815 -0.239
202012 -0.206 109.897 -0.247
202103 -0.210 111.754 -0.248
202106 -0.215 114.631 -0.247
202109 -0.218 115.734 -0.248
202112 -0.223 117.630 -0.250
202203 0.000 121.301 0.000
202206 -0.005 125.017 -0.005
202209 -0.006 125.227 -0.006
202212 -0.009 125.222 -0.009
202303 -0.011 127.348 -0.011
202306 -0.013 128.729 -0.013
202309 -0.014 129.860 -0.014
202312 -0.016 129.419 -0.016
202403 -0.018 131.776 -0.018

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.


Yale Transaction Finders  (OTCPK:YTFD) 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.


Yale Transaction Finders Cyclically Adjusted PB Ratio Related Terms

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Yale Transaction Finders (Yale Transaction Finders) Business Description

Traded in Other Exchanges
N/A
Address
c/o Graubard Miller, 405 Lexington Avenue, 44th Floor, New York, NY, USA, 10174
Website
Yale Transaction Finders Inc is a shell company.
Executives
Jonathan J Ledecky director, 10 percent owner, officer: CEO, CFO C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Arnold P Kling 10 percent owner, officer: President, Treasurer C/O ADELPHIA HOLDINGS LLC, 545 MADISON AVE 6TH FLOOR, NEW YORK NY 10022
Thomas W Colligan director, officer: See Remarks 5528 WESTCOTT CIRCLE, FREDERICK MD 21703
Fountainhead Capital Management Ltd 10 percent owner PORTMAN HOUSE HUE STREET, ST HELIER, JERSEY CHANNEL ISLANDS X0 JE45RP
La Pergola Investments Ltd 10 percent owner 1 PORTMAN HOUSE, HUE STREET ST HELLIER, JERSEY CHANNEL ISLAN X0 JE45RP
Geoffrey Greenwood director, 10 percent owner, officer: President,Secreatary 2045 KETTNER BLVD., SUITE 101, SAN DIEGO CA 92101

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