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ANTA Sports Products (ANTA Sports Products) Cyclically Adjusted PB Ratio : 9.81 (As of May. 16, 2024)


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What is ANTA Sports Products Cyclically Adjusted PB Ratio?

As of today (2024-05-16), ANTA Sports Products's current share price is $11.4773. ANTA Sports Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $1.17. ANTA Sports Products's Cyclically Adjusted PB Ratio for today is 9.81.

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

ANPDF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.91   Med: 11.52   Max: 32.27
Current: 9.76

During the past 13 years, ANTA Sports Products's highest Cyclically Adjusted PB Ratio was 32.27. The lowest was 4.91. And the median was 11.52.

ANPDF's Cyclically Adjusted PB Ratio is ranked worse than
94.1% of 593 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs ANPDF: 9.76

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.

ANTA Sports Products's adjusted book value per share data of for the fiscal year that ended in Dec23 was $2.544. 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 $1.17 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ANTA Sports Products Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ANTA Sports Products'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.

ANTA Sports Products Cyclically Adjusted PB Ratio Chart

ANTA Sports Products Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.84 21.29 17.22 12.92 8.02

ANTA Sports Products Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 17.22 - 12.92 - 8.02

Competitive Comparison of ANTA Sports Products's Cyclically Adjusted PB Ratio

For the Leisure subindustry, ANTA Sports Products'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.


ANTA Sports Products's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, ANTA Sports Products's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



ANTA Sports Products 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.

ANTA Sports Products's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.4773/1.17
=9.81

* 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.

ANTA Sports Products's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ANTA Sports Products's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=2.544/114.7809*114.7809
=2.544

Current CPI (Dec23) = 114.7809.

ANTA Sports Products Annual Data

Book Value per Share CPI Adj_Book
201412 0.504 99.000 0.584
201512 0.532 100.600 0.607
201612 0.551 102.600 0.616
201712 0.774 104.500 0.850
201812 0.854 106.500 0.920
201912 1.060 111.200 1.094
202012 1.358 111.500 1.398
202112 1.680 113.108 1.705
202212 1.818 115.116 1.813
202312 2.544 114.781 2.544

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.


ANTA Sports Products  (OTCPK:ANPDF) 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.


ANTA Sports Products Cyclically Adjusted PB Ratio Related Terms

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


ANTA Sports Products (ANTA Sports Products) Business Description

Traded in Other Exchanges
Address
Anta Headquarters Building, Dongshan Industrial Zone, Chidian Town, Fujian Province, Jinjiang, CHN, 362212
Anta Sports is the largest Chinese sportswear company, engaging in the design, manufacturing, and marketing of sportswear. Brands under Anta's management include the Anta core brand, Fila, Descente, Sprandi, Kolon, and KingKow. As of the end of 2020, the company had 12,260 stores, of which 9,922 were Anta stores and 2,006 were Fila stores.