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GP Investments (BSP:GPIV33) Cyclically Adjusted PB Ratio : 0.21 (As of Apr. 28, 2024)


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What is GP Investments Cyclically Adjusted PB Ratio?

As of today (2024-04-28), GP Investments's current share price is R$3.87. GP Investments's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was R$18.16. GP Investments's Cyclically Adjusted PB Ratio for today is 0.21.

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

BSP:GPIV33' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.27   Max: 0.58
Current: 0.2

During the past years, GP Investments's highest Cyclically Adjusted PB Ratio was 0.58. The lowest was 0.11. And the median was 0.27.

BSP:GPIV33's Cyclically Adjusted PB Ratio is ranked better than
92.23% of 927 companies
in the Asset Management industry
Industry Median: 0.77 vs BSP:GPIV33: 0.20

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.

GP Investments's adjusted book value per share data for the three months ended in Dec. 2023 was R$16.169. 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 R$18.16 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GP Investments Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GP Investments'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.

GP Investments Cyclically Adjusted PB Ratio Chart

GP Investments 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 0.46 0.24 0.29 0.14 0.15

GP Investments 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 0.14 0.13 0.17 0.16 0.15

Competitive Comparison of GP Investments's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, GP Investments'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.


GP Investments's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GP Investments's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GP Investments 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.

GP Investments's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.87/18.16
=0.21

* 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.

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

For example, GP Investments'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)
=16.169/129.4194*129.4194
=16.169

Current CPI (Dec. 2023) = 129.4194.

GP Investments Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.547 99.695 8.499
201406 7.896 100.560 10.162
201409 7.596 100.428 9.789
201412 8.652 99.070 11.303
201503 9.112 99.621 11.838
201506 11.863 100.684 15.249
201509 12.330 100.392 15.895
201512 10.997 99.792 14.262
201603 11.021 100.470 14.197
201606 11.800 101.688 15.018
201609 11.481 101.861 14.587
201612 10.261 101.863 13.037
201703 9.903 102.862 12.460
201706 10.589 103.349 13.260
201709 10.517 104.136 13.070
201712 11.361 104.011 14.136
201803 11.505 105.290 14.142
201806 11.742 106.317 14.294
201809 11.982 106.507 14.560
201812 10.322 105.998 12.603
201903 0.000 107.251 0.000
201906 11.190 108.070 13.401
201909 12.220 108.329 14.599
201912 13.716 108.420 16.373
202003 11.054 108.902 13.137
202006 13.483 108.767 16.043
202009 12.103 109.815 14.264
202012 13.272 109.897 15.630
202103 14.035 111.754 16.254
202106 15.151 114.631 17.106
202109 21.561 115.734 24.110
202112 24.413 117.630 26.860
202203 23.089 121.301 24.634
202206 17.125 125.017 17.728
202209 19.871 125.227 20.536
202212 16.330 125.222 16.877
202303 15.047 127.348 15.292
202306 13.851 128.729 13.925
202309 12.127 129.860 12.086
202312 16.169 129.419 16.169

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.


GP Investments  (BSP:GPIV33) 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.


GP Investments Cyclically Adjusted PB Ratio Related Terms

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


GP Investments (BSP:GPIV33) Business Description

Traded in Other Exchanges
N/A
Address
16 Burnaby Street, Hamilton, BMU, HM 11
GP Investments Ltd is an asset management company focused mainly on private equity funds. It also invests in real estate. The firm operates its business in two segments: Private Equity Business and Real Estate Business. It generates maximum revenue from the Private Equity Business segment. The company aims to acquire control of the voting capital or joint control through shareholders' agreements, in selective companies with growth potential that can achieve positions in their respective industries.

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