GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bluegreen Vacations Holding Corp (NYSE:BVH) » Definitions » Cyclically Adjusted PB Ratio

Bluegreen Vacations Holding (Bluegreen Vacations Holding) Cyclically Adjusted PB Ratio : 3.10 (As of Apr. 27, 2024)


View and export this data going back to 1997. Start your Free Trial

What is Bluegreen Vacations Holding Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Bluegreen Vacations Holding's current share price is $75.00. Bluegreen Vacations Holding's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $24.18. Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio for today is 3.10.

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

BVH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.85   Max: 3.11
Current: 3.1

During the past years, Bluegreen Vacations Holding's highest Cyclically Adjusted PB Ratio was 3.11. The lowest was 0.23. And the median was 0.85.

BVH's Cyclically Adjusted PB Ratio is not ranked
in the Travel & Leisure industry.
Industry Median: 1.38 vs BVH: 3.10

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.

Bluegreen Vacations Holding's adjusted book value per share data for the three months ended in Sep. 2023 was $13.872. 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 $24.18 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Bluegreen Vacations Holding Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bluegreen Vacations Holding'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.

Bluegreen Vacations Holding Cyclically Adjusted PB Ratio Chart

Bluegreen Vacations Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.17 0.88 0.63 1.53 1.05

Bluegreen Vacations Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.68 1.05 1.14 1.48 1.52

Competitive Comparison of Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio

For the Resorts & Casinos subindustry, Bluegreen Vacations Holding'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.


Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio falls into.



Bluegreen Vacations Holding 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.

Bluegreen Vacations Holding's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=75.00/24.18
=3.10

* 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.

Bluegreen Vacations Holding's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Bluegreen Vacations Holding's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=13.872/129.8595*129.8595
=13.872

Current CPI (Sep. 2023) = 129.8595.

Bluegreen Vacations Holding Quarterly Data

Book Value per Share CPI Adj_Book
201312 15.230 98.326 20.114
201403 15.457 99.695 20.134
201406 15.952 100.560 20.600
201409 15.661 100.428 20.251
201412 15.149 99.070 19.857
201503 15.379 99.621 20.047
201506 20.393 100.684 26.302
201509 20.918 100.392 27.058
201512 22.282 99.792 28.995
201603 22.776 100.470 29.438
201606 23.028 101.688 29.408
201609 23.483 101.861 29.938
201612 23.187 101.863 29.560
201703 24.376 102.862 30.774
201706 25.030 103.349 31.451
201709 25.405 104.136 31.681
201712 29.375 104.011 36.675
201803 30.053 105.290 37.066
201806 29.382 106.317 35.888
201809 29.648 106.507 36.149
201812 29.480 105.998 36.116
201903 29.546 107.251 35.774
201906 29.057 108.070 34.916
201909 30.446 108.329 36.497
201912 30.047 108.420 35.989
202003 28.523 108.902 34.012
202006 26.703 108.767 31.881
202009 9.178 109.815 10.853
202012 9.726 109.897 11.493
202103 9.880 111.754 11.481
202106 10.625 114.631 12.036
202109 11.264 115.734 12.639
202112 11.713 117.630 12.931
202203 12.382 121.301 13.256
202206 12.418 125.017 12.899
202209 12.828 125.227 13.303
202212 10.844 125.222 11.246
202303 11.419 127.348 11.644
202306 12.685 128.729 12.796
202309 13.872 129.860 13.872

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.


Bluegreen Vacations Holding  (NYSE:BVH) 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.


Bluegreen Vacations Holding Cyclically Adjusted PB Ratio Related Terms

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


Bluegreen Vacations Holding (Bluegreen Vacations Holding) Business Description

Traded in Other Exchanges
Address
4960 Conference Way North, Suite 100, Boca Raton, FL, USA, 33431
Bluegreen Vacations Holding Corp is a vacation ownership company that markets and sells vacation ownership interests (VOIs) & manages resorts in popular leisure and urban destinations. The firm operates in two segments: Sales of VOIs and financing & Resort Operations and Club Management. The majority is from the Sales of VOIs and financing segment. The Sales of VOIs and Financing segment includes the Company's marketing and sales activities related to the VOIs that are owned by the Company, VOIs acquired under just-in-time and secondary market inventory arrangements, or sales of VOIs through fee-for-service arrangements with third-party developers, as well as consumer financing activities in connection with sales of VOIs owned by the Company, and title services operations.
Executives
John E Abdo director, 10 percent owner, officer: Vice Chairman of the Board P. O. BOX 39000, FT LAUDERDALE FL 33303
Alan B Levan director, 10 percent owner, officer: Chairman of the Bd/President P. O. BOX 39000, FT LAUDERDALE FL 33303
De La Osa Jorge officer: EVP, Chief Legal 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Dusty Tonkin officer: EVP, Chief Sales Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Mark Nerenhausen director 1221 MT CURVE AVE, MINNEAPOLIS MN 55403
Ahmad M Wardak officer: EVP, Chief Brand Officer 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Chanse W Rivera officer: EVP and CIO 4960 CONFERENCE WAY NORTH, SUITE 100, BOCA RATON FL 33431
Arnold Sevell director 4960 CONFERENCE WAY N, SUITE 100, BOCA RATON FL 33431
Allmand James R Iii director PO BOX 267068, WESTON FL 33326
Orlando Sharpe director C/O SHARPE PROJECT DEVELOPMENTS, INC., 1212 S. ANDREWS AVE., STE. 203, FORT LAUDERDALE FL 33316
Lawrence A Cirillo director 755 SATURN STREET, APT I 104, JUPITER FL 33477
Gregory Adam Haile director 401 EAST LAS OLAS BLVD SUITE 800, FORT LAUDERDALE FL 33301
Cagnetta Andrew R. Jr. director 401 EAST LAS OLAS BOULEVARD, SUITE 800, FORT LAUDERDALE FL 33301
Brett Sheppard officer: Chief Accounting Officer 201 EAST LAS OLAS BOULEVARD, SUITE 1900, FORT LAUDERDALE FL 33301
Winningham Charlie C Ii director P. O. BOX 39001, FT LAUDERDALE FL 33303

Bluegreen Vacations Holding (Bluegreen Vacations Holding) Headlines