Angling Direct (LSE:ANG) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)

Angling Direct Cyclically Adjusted PB Ratio Chart

Angling Direct Annual Data
	Trend	Jan15	Jan16	Jan17	Jan18	Jan19	Jan20	Jan21	Jan22	Jan23
Cyclically Adjusted PB Ratio		Get a 7-Day Free Trial				-	-	-	-	-

Angling Direct Semi-Annual Data
	Jan15	Jan16	Jul16	Jan17	Jul17	Jan18	Jul18	Jan19	Jul19	Jan20	Jul20	Jan21	Jul21	Jan22	Jul22	Jan23	Jul23
Cyclically Adjusted PB Ratio	Get a 7-Day Free Trial												-	-	-	-	-

Competitive Comparison of Angling Direct's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Angling Direct'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.

Angling Direct's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Angling Direct's Cyclically Adjusted PB Ratio distribution charts can be found below:

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

Angling Direct 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.

Angling Direct does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

Angling Direct  (LSE:ANG) 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.

Angling Direct Cyclically Adjusted PB Ratio Related Terms

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Angling Direct (LSE:ANG) Business Description