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Altisource Portfolio Solutions (Altisource Portfolio Solutions) Cyclically Adjusted PB Ratio : 0.55 (As of Apr. 29, 2024)


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What is Altisource Portfolio Solutions Cyclically Adjusted PB Ratio?

As of today (2024-04-29), Altisource Portfolio Solutions's current share price is $1.97. Altisource Portfolio Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.59. Altisource Portfolio Solutions's Cyclically Adjusted PB Ratio for today is 0.55.

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

ASPS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 1.82   Max: 5.72
Current: 0.55

During the past years, Altisource Portfolio Solutions's highest Cyclically Adjusted PB Ratio was 5.72. The lowest was 0.41. And the median was 1.82.

ASPS's Cyclically Adjusted PB Ratio is ranked better than
55.81% of 1299 companies
in the Real Estate industry
Industry Median: 0.66 vs ASPS: 0.55

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.

Altisource Portfolio Solutions's adjusted book value per share data for the three months ended in Dec. 2023 was $-4.743. 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 $3.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Altisource Portfolio Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Altisource Portfolio Solutions'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.

Altisource Portfolio Solutions Cyclically Adjusted PB Ratio Chart

Altisource Portfolio Solutions 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 2.33 1.77 1.84 1.96 0.99

Altisource Portfolio Solutions Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 1.96 1.01 1.35 1.01 0.99

Competitive Comparison of Altisource Portfolio Solutions's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Altisource Portfolio Solutions'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.


Altisource Portfolio Solutions's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Altisource Portfolio Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Altisource Portfolio Solutions 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.

Altisource Portfolio Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.97/3.59
=0.55

* 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.

Altisource Portfolio Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Altisource Portfolio Solutions's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-4.743/121.1700*121.1700
=-4.743

Current CPI (Dec. 2023) = 121.1700.

Altisource Portfolio Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.236 99.740 8.791
201406 7.816 99.960 9.474
201409 4.244 99.900 5.148
201412 1.992 98.830 2.442
201503 2.026 99.980 2.455
201506 2.540 100.640 3.058
201509 5.046 100.380 6.091
201512 2.680 99.910 3.250
201603 3.264 100.030 3.954
201606 3.657 100.660 4.402
201609 4.087 100.750 4.915
201612 3.238 101.040 3.883
201703 3.851 101.780 4.585
201706 3.608 102.170 4.279
201709 3.506 102.520 4.144
201712 19.440 102.410 23.001
201803 18.385 102.900 21.649
201806 18.258 103.650 21.344
201809 18.865 104.580 21.858
201812 18.151 104.320 21.083
201903 18.046 105.140 20.797
201906 17.669 105.550 20.284
201909 18.211 105.900 20.837
201912 -1.477 106.080 -1.687
202003 -2.107 106.040 -2.408
202006 -4.231 106.340 -4.821
202009 -4.967 106.620 -5.645
202012 -5.348 106.670 -6.075
202103 -6.658 108.140 -7.460
202106 -7.743 108.680 -8.633
202109 -8.865 109.470 -9.812
202112 -4.408 111.090 -4.808
202203 -5.110 114.780 -5.394
202206 -5.975 116.750 -6.201
202209 -6.786 117.000 -7.028
202212 -7.418 117.060 -7.678
202303 -5.340 118.910 -5.441
202306 -6.171 120.460 -6.207
202309 -4.289 121.740 -4.269
202312 -4.743 121.170 -4.743

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.


Altisource Portfolio Solutions  (NAS:ASPS) 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.


Altisource Portfolio Solutions Cyclically Adjusted PB Ratio Related Terms

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


Altisource Portfolio Solutions (Altisource Portfolio Solutions) Business Description

Traded in Other Exchanges
N/A
Address
33, Boulevard Prince Henri, Luxembourg, LUX, L-1724
Altisource Portfolio Solutions SA is an integrated service provider and marketplace for the real estate and mortgage industries. It operates via two reportable segment namely Servicer and Real Estate and Origination. The Servicer and Real Estate segment provides loan servicers and real estate investors with solutions and technologies that span the mortgage and real estate lifecycle. The Origination segment provides originators with solutions and technologies that span the mortgage origination lifecycle. Altisource primarily serves financial institutions, government-sponsored enterprises, and originators in the United States, with the majority of revenue flowing from field services and mortgage and real estate solutions.
Executives
Aldridge John G Jr director C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG CITY N4 L-1724
Michelle D. Esterman officer: Chief Financial Officer C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
William B Shepro director, officer: Chief Executive Officer C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
Deer Park Road Management Company, Lp 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Mary Hickok director 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Roland Mueller-ineichen director GAALIMATT 35, RAIN V8 CH-6026
Gregory J. Ritts officer: General Counsel C/O ALTISOURCE PORTFOLIO SOLUTIONS S.A., 33, BOULEVARD PRINCE HENRI, LUXEMBOURG N4 L-1724
W Michael Linn director 40, AVENUE MONTEREY, LUXEMBOURG N4 L-2163
Marcello Mastioni officer: PRES, REAL ESTATE MARKETPLACE 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
Scott Edward Burg 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Agatecreek Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487
Indroneel Chatterjee officer: Chief Financial Officer 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
Orin S Kramer director 2050 CENTER AVE, SUITE 300, FORT LEE NJ 07024
Joseph L Morettini director 1375 PORTMARNOCK DRIVE, ALPHARETTA GA 30005
Deer Park Road Management Gp, Llc 10 percent owner 1195 BANGTAIL WAY, STEAMBOAT SPRINGS CO 80487