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Leaf Group (Leaf Group) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Leaf Group Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Leaf Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Leaf Group'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.

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Leaf Group Cyclically Adjusted PB Ratio Chart

Leaf Group Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Leaf Group Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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Competitive Comparison of Leaf Group's Cyclically Adjusted PB Ratio

For the Internet Content & Information subindustry, Leaf Group'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.


Leaf Group's Cyclically Adjusted PB Ratio Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Leaf Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Leaf Group 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.

Leaf Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2021 is calculated as:

For example, Leaf Group's adjusted Book Value per Share data for the three months ended in Mar. 2021 was:

Adj_Book=Book Value per Share/CPI of Mar. 2021 (Change)*Current CPI (Mar. 2021)
=1.968/111.7544*111.7544
=1.968

Current CPI (Mar. 2021) = 111.7544.

Leaf Group Quarterly Data

Book Value per Share CPI Adj_Book
201106 26.627 95.235 31.246
201109 26.609 95.727 31.064
201112 26.330 95.213 30.904
201203 27.349 96.783 31.580
201206 26.744 96.819 30.869
201209 27.193 97.633 31.126
201212 27.159 96.871 31.332
201303 27.345 98.209 31.116
201306 28.135 98.518 31.915
201309 27.770 98.790 31.414
201312 28.604 98.326 32.510
201403 26.878 99.695 30.129
201406 26.132 100.560 29.041
201409 6.526 100.428 7.262
201412 5.817 99.070 6.562
201503 5.565 99.621 6.243
201506 4.922 100.684 5.463
201509 4.266 100.392 4.749
201512 3.926 99.792 4.397
201603 3.389 100.470 3.770
201606 4.670 101.688 5.132
201609 4.292 101.861 4.709
201612 4.035 101.863 4.427
201703 3.495 102.862 3.797
201706 3.194 103.349 3.454
201709 2.952 104.136 3.168
201712 2.783 104.011 2.990
201803 3.117 105.290 3.308
201806 2.929 106.317 3.079
201809 2.759 106.507 2.895
201812 2.617 105.998 2.759
201903 2.225 107.251 2.318
201906 2.017 108.070 2.086
201909 1.927 108.329 1.988
201912 1.819 108.420 1.875
202003 1.479 108.902 1.518
202006 1.591 108.767 1.635
202009 1.731 109.815 1.762
202012 2.194 109.897 2.231
202103 1.968 111.754 1.968

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.


Leaf Group  (NYSE:LEAF) 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.


Leaf Group Cyclically Adjusted PB Ratio Related Terms

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


Leaf Group (Leaf Group) Business Description

Traded in Other Exchanges
N/A
Address
1655 26th Street, Santa Monica, CA, USA, 90404
Leaf Group Ltd is a diversified consumer internet company that builds enduring, creator-driven brands that reach passionate audiences in large and growing lifestyle categories, including fitness and wellness and home, art and design. The company operates in three segments: Society6 Group, Saatchi Art Group, and Media Group. Society6 Group is made-to-order marketplace business and includes Society6.com and its wholesale channel. Saatchi Art Group which includes SaatchiArt.com and its complementary art fair event brand, The Other Art Fair which is online art gallery with a focus on emerging artists. Its Media Group segment consists of a diverse portfolio of media properties that educate and inform consumers on a broad range of topics.
Executives
Adam F. Wergeles officer: EVP, Gen Counsel & Secretary C/O REACHLOCAL, INC. 21700 OXNARD STREET, SUITE 1600 WOODLAND HILLS CA 91367
Sean P Moriarty director, officer: Chief Executive Officer C/O LEAF GROUP LTD., 1655 26TH STREET, SANTA MONICA CA 90404
Brian Gephart officer: Chief Financial Officer 1655 26TH STREET, SANTA MONICA CA 90404
Spectrum Equity Investors V L P 10 percent owner ONE INTERNATIONAL PLACE 29TH FL BOSTON MA 02110
Osmium Capital Ii, Lp other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
John Hartnett Lewis other: May be member of 10% group 388 MARKET STREET, SUITE 920, SAN FRANCISCO CA 94111
Osmium Spartan L P other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Partners, Llc other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Osmium Capital Lp other: May be member of 10% group 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Sea V Management Llc 10 percent owner 333 MIDDLEFIELD ROAD SUITE 200 MENLO PARK CA 94025
Spectrum Equity Associates V Lp 10 percent owner 333 MIDDLEFIELD ROAD SUITE 200 MENLO PARK CA 94025
Spectrum V Investment Managers Fund Lp 10 percent owner 333 MIDDLEFIELD ROAD SUITE 200 MENLO PARK CA 94025
Osmium Diamond, Lp other: May be member of 10% group C/O OSMIUM PARTNERS, LLC, 300 DRAKES LANDING ROAD, SUITE 172, GREENBRAE CA 94904
Brian Pike officer: CTO & COO C/O LEAF GROUP LTD. 1655 26TH STREET SANTA MONICA CA 90404
Boyle Capital Management, L.l.c. other: May be member of 10% group 1230 OFFICE PLAZA DRIVE WEST DES MOINES IA 50266-2300