GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Barramundi Ltd (NZSE:BRM) » Definitions » Cyclically Adjusted PB Ratio

Barramundi (NZSE:BRM) Cyclically Adjusted PB Ratio : 0.88 (As of Apr. 28, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Barramundi Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Barramundi's current share price is NZ$0.72. Barramundi's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was NZ$0.82. Barramundi's Cyclically Adjusted PB Ratio for today is 0.88.

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

NZSE:BRM' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.86   Max: 1.45
Current: 0.87

During the past 13 years, Barramundi's highest Cyclically Adjusted PB Ratio was 1.45. The lowest was 0.65. And the median was 0.86.

NZSE:BRM's Cyclically Adjusted PB Ratio is ranked worse than
57.5% of 927 companies
in the Asset Management industry
Industry Median: 0.77 vs NZSE:BRM: 0.87

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.

Barramundi's adjusted book value per share data of for the fiscal year that ended in Jun23 was NZ$0.722. 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 NZ$0.82 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barramundi Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barramundi'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.

Barramundi Cyclically Adjusted PB Ratio Chart

Barramundi Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.82 0.91 1.42 0.95 0.86

Barramundi Semi-Annual Data
Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
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 0.82 0.91 1.42 0.95 0.86

Competitive Comparison of Barramundi's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Barramundi'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.


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

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

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



Barramundi 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.

Barramundi's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.72/0.82
=0.88

* 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.

Barramundi's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Barramundi's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.722/125.8458*125.8458
=0.722

Current CPI (Jun23) = 125.8458.

Barramundi Annual Data

Book Value per Share CPI Adj_Book
201406 0.687 99.646 0.868
201506 0.697 100.063 0.877
201606 0.673 100.480 0.843
201706 0.636 102.231 0.783
201806 0.715 103.764 0.867
201906 0.687 105.502 0.819
202006 0.678 107.035 0.797
202106 0.869 110.614 0.989
202206 0.636 118.690 0.674
202306 0.722 125.846 0.722

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.


Barramundi  (NZSE:BRM) 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.


Barramundi Cyclically Adjusted PB Ratio Related Terms

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


Barramundi (NZSE:BRM) Business Description

Traded in Other Exchanges
N/A
Address
67 - 73 Hurstmere Road, Level 1, Takapuna, Auckland, NTL, NZL, 0622
Barramundi Ltd is an investment company. The principal activity of the company is an investment in growing Australian companies. Its company's investment objectives are to achieve a high real rate of return, consisting of both income and capital growth, within risk parameters acceptable to the directors and provide access to a diversified portfolio of Australian growth stocks through a single tax-efficient investment vehicle.

Barramundi (NZSE:BRM) Headlines

No Headlines