GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Credit Suisse Asset Mgmt Income Fund Inc (AMEX:CIK) » Definitions » Cyclically Adjusted PB Ratio

Credit Suisse Asset Mgmtome Fund (Credit Suisse Asset Mgmtome Fund) Cyclically Adjusted PB Ratio : 0.74 (As of May. 15, 2024)


View and export this data going back to 1987. Start your Free Trial

What is Credit Suisse Asset Mgmtome Fund Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Credit Suisse Asset Mgmtome Fund's current share price is $2.91. Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $3.94. Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted PB Ratio for today is 0.74.

The historical rank and industry rank for Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted PB Ratio or its related term are showing as below:

CIK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.57   Med: 0.75   Max: 0.93
Current: 0.74

During the past 13 years, Credit Suisse Asset Mgmtome Fund's highest Cyclically Adjusted PB Ratio was 0.93. The lowest was 0.57. And the median was 0.75.

CIK's Cyclically Adjusted PB Ratio is ranked better than
55.95% of 933 companies
in the Asset Management industry
Industry Median: 0.79 vs CIK: 0.74

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.

Credit Suisse Asset Mgmtome Fund's adjusted book value per share data of for the fiscal year that ended in Dec23 was $2.958. 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 $3.94 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Credit Suisse Asset Mgmtome Fund Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Credit Suisse Asset Mgmtome Fund'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.

Credit Suisse Asset Mgmtome Fund Cyclically Adjusted PB Ratio Chart

Credit Suisse Asset Mgmtome Fund 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 0.83 0.83 0.86 0.63 0.79

Credit Suisse Asset Mgmtome Fund 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 0.86 - 0.63 - 0.79

Competitive Comparison of Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Credit Suisse Asset Mgmtome Fund'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.


Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted PB Ratio falls into.



Credit Suisse Asset Mgmtome Fund 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.

Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.91/3.94
=0.74

* 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.

Credit Suisse Asset Mgmtome Fund's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Credit Suisse Asset Mgmtome Fund'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)
=2.958/129.4194*129.4194
=2.958

Current CPI (Dec23) = 129.4194.

Credit Suisse Asset Mgmtome Fund Annual Data

Book Value per Share CPI Adj_Book
201412 3.623 99.070 4.733
201512 3.211 99.792 4.164
201612 3.481 101.863 4.423
201712 3.584 104.011 4.460
201812 3.210 105.998 3.919
201912 3.480 108.420 4.154
202012 3.415 109.897 4.022
202112 3.432 117.630 3.776
202212 2.734 125.222 2.826
202312 2.958 129.419 2.958

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.


Credit Suisse Asset Mgmtome Fund  (AMEX:CIK) 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.


Credit Suisse Asset Mgmtome Fund Cyclically Adjusted PB Ratio Related Terms

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


Credit Suisse Asset Mgmtome Fund (Credit Suisse Asset Mgmtome Fund) Business Description

Traded in Other Exchanges
N/A
Address
Eleven Madison Avenue, New York, NY, USA, 10010
Credit Suisse Asset Mgmt Income Fund Inc is a closed-end management investment company. The investment objective of the fund is to provide current income consistent with the preservation of capital. Credit Suisse serves as an investment adviser for the fund. Asset Management offers a wide range of investment products and functions across asset classes and investment styles. The division manages global and regional portfolios, mutual funds, and other investment vehicles for governments, institutions, corporations, and individuals.
Executives
Laura A Defelice director ONE MADISON AVENUE, NEW YORK NY 10010
Brandi Sinkovich officer: Chief Compliance Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Samantha Kappagoda director C/O CREDIT SUISSE ASSET MANAGEMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK NY 10010
Rachael Inez Hoffman officer: Chief Compliance Officer 11 MADISON AVENUE, NEW YORK NY 10010
Antonio Muinos officer: Chief Compliance Officer ELEVEN MADISON AVENUE, 9TH AVENUE, NEW YORK NY 10010
Jason Patrick Gossett officer: Chief Compliance Officer RALEIGH LT BUILDING, MORRISVILLE NC 27560
Thomas J. Flannery officer: Chief Investment Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Omar Tariq officer: CFO & Treasurer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Csam Americas Holding Corp. other: Affiliate of InvestmentAdviser ONE MADISON AVENUE, NEW YORK NY 10010
Jeffrey E Garten director AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Mahendra R Gupta director WASHINGTON UNIVERSITY CAMPUS BOX 1133, ONE BROOKINGS DRIVE, ST. LOUIS MO 63130-4899
Terry Fires Bovarnick director C/O CREDIT SUISSE ASSET MANAGMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK CITY NY 10010
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103

Credit Suisse Asset Mgmtome Fund (Credit Suisse Asset Mgmtome Fund) Headlines