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Atlanticus Holdings (Atlanticus Holdings) Cyclically Adjusted PB Ratio : 3.87 (As of May. 16, 2024)


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What is Atlanticus Holdings Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Atlanticus Holdings's current share price is $25.30. Atlanticus Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.54. Atlanticus Holdings's Cyclically Adjusted PB Ratio for today is 3.87.

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

ATLC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.13   Med: 1.73   Max: 132.13
Current: 3.88

During the past years, Atlanticus Holdings's highest Cyclically Adjusted PB Ratio was 132.13. The lowest was 0.13. And the median was 1.73.

ATLC's Cyclically Adjusted PB Ratio is ranked worse than
88.26% of 281 companies
in the Credit Services industry
Industry Median: 0.9 vs ATLC: 3.88

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.

Atlanticus Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $28.124. 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 $6.54 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atlanticus Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atlanticus Holdings'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.

Atlanticus Holdings Cyclically Adjusted PB Ratio Chart

Atlanticus Holdings 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 17.62 95.07 54.85 8.22 6.65

Atlanticus Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 7.13 9.40 5.88 6.65 4.53

Competitive Comparison of Atlanticus Holdings's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Atlanticus Holdings'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.


Atlanticus Holdings's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Atlanticus Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Atlanticus Holdings 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.

Atlanticus Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.30/6.54
=3.87

* 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.

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

For example, Atlanticus Holdings'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)
=28.124/131.7762*131.7762
=28.124

Current CPI (Mar. 2024) = 131.7762.

Atlanticus Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.296 100.560 -1.698
201409 -1.709 100.428 -2.242
201412 0.486 99.070 0.646
201503 0.669 99.621 0.885
201506 0.794 100.684 1.039
201509 0.823 100.392 1.080
201512 0.715 99.792 0.944
201603 1.018 100.470 1.335
201606 1.061 101.688 1.375
201609 0.482 101.861 0.624
201612 0.377 101.863 0.488
201703 0.456 102.862 0.584
201706 -0.087 103.349 -0.111
201709 -1.099 104.136 -1.391
201712 -2.356 104.011 -2.985
201803 -2.788 105.290 -3.489
201806 -2.094 106.317 -2.595
201809 -3.087 106.507 -3.819
201812 -1.400 105.998 -1.740
201903 -0.975 107.251 -1.198
201906 -0.503 108.070 -0.613
201909 0.175 108.329 0.213
201912 -2.461 108.420 -2.991
202003 -2.306 108.902 -2.790
202006 -1.126 108.767 -1.364
202009 1.027 109.815 1.232
202012 2.314 109.897 2.775
202103 4.724 111.754 5.570
202106 13.059 114.631 15.012
202109 17.404 115.734 19.816
202112 19.454 117.630 21.794
202203 18.378 121.301 19.965
202206 19.930 125.017 21.008
202209 21.284 125.227 22.397
202212 22.584 125.222 23.766
202303 23.844 127.348 24.673
202306 25.184 128.729 25.780
202309 25.717 129.860 26.097
202312 27.026 129.419 27.518
202403 28.124 131.776 28.124

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.


Atlanticus Holdings  (NAS:ATLC) 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.


Atlanticus Holdings Cyclically Adjusted PB Ratio Related Terms

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


Atlanticus Holdings (Atlanticus Holdings) Business Description

Traded in Other Exchanges
Address
Five Concourse Parkway, Suite 300, Atlanta, GA, USA, 30328
Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.
Executives
Deal W Hudson director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Denise M Harrod director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
James Dennis H Jr director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
David G Hanna director, 10 percent owner, officer: CEO & Chairman of the Board FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
William Mccamey officer: CFO and Treasurer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mitchell Saunders officer: Chief Accounting Officer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Thomas G Rosencrants director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mack F Mattingly director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Jeffrey A. Howard director, officer: President FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Joann G Jones director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Kimberly M Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Richard W Gilbert officer: Chief Operating Officer C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY, SUITE 300 GA 30328
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Hanna Frank J Iii director, 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328