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Upbound Group (Upbound Group) Cyclically Adjusted PB Ratio : 2.48 (As of May. 16, 2024)


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What is Upbound Group Cyclically Adjusted PB Ratio?

As of today (2024-05-16), Upbound Group's current share price is $32.83. Upbound Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.23. Upbound Group's Cyclically Adjusted PB Ratio for today is 2.48.

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

UPBD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.36   Med: 1.41   Max: 3.81
Current: 2.49

During the past years, Upbound Group's highest Cyclically Adjusted PB Ratio was 3.81. The lowest was 0.36. And the median was 1.41.

UPBD's Cyclically Adjusted PB Ratio is ranked better than
51.95% of 1336 companies
in the Software industry
Industry Median: 2.615 vs UPBD: 2.49

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.

Upbound Group's adjusted book value per share data for the three months ended in Mar. 2024 was $10.592. 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 $13.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Upbound Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Upbound 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.

* Premium members only.

Upbound Group Cyclically Adjusted PB Ratio Chart

Upbound Group 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 1.57 2.24 2.88 1.45 2.46

Upbound Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.61 2.10 2.04 2.46 2.66

Competitive Comparison of Upbound Group's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Upbound 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.


Upbound Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Upbound Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Upbound 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.

Upbound Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=32.83/13.23
=2.48

* 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.

Upbound Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Upbound Group's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.592/131.7762*131.7762
=10.592

Current CPI (Mar. 2024) = 131.7762.

Upbound Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 25.937 100.560 33.989
201409 26.185 100.428 34.359
201412 26.223 99.070 34.880
201503 26.504 99.621 35.059
201506 26.741 100.684 34.999
201509 26.425 100.392 34.686
201512 7.228 99.792 9.545
201603 9.337 100.470 12.246
201606 9.461 101.688 12.260
201609 9.521 101.861 12.317
201612 4.985 101.863 6.449
201703 4.858 102.862 6.224
201706 4.668 103.349 5.952
201709 4.450 104.136 5.631
201712 5.110 104.011 6.474
201803 4.774 105.290 5.975
201806 5.016 106.317 6.217
201809 5.303 106.507 6.561
201812 5.351 105.998 6.652
201903 5.445 107.251 6.690
201906 7.231 108.070 8.817
201909 7.888 108.329 9.595
201912 8.385 108.420 10.191
202003 8.851 108.902 10.710
202006 9.041 108.767 10.954
202009 10.018 109.815 12.021
202012 10.906 109.897 13.077
202103 11.194 111.754 13.200
202106 12.417 114.631 14.274
202109 12.912 115.734 14.702
202112 7.757 117.630 8.690
202203 8.857 121.301 9.622
202206 9.441 125.017 9.951
202209 9.454 125.227 9.948
202212 9.433 125.222 9.927
202303 11.985 127.348 12.402
202306 11.181 128.729 11.446
202309 10.843 129.860 11.003
202312 10.310 129.419 10.498
202403 10.592 131.776 10.592

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.


Upbound Group  (NAS:UPBD) 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.


Upbound Group Cyclically Adjusted PB Ratio Related Terms

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


Upbound Group (Upbound Group) Business Description

Industry
Traded in Other Exchanges
N/A
Address
5501 Headquarters Drive, Plano, TX, USA, 75024
Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.
Executives
Jeffrey J Brown other: See Footnote 1 19900 MACARTHUR BLVD, SUITE 570, IRVINE CA 92612
Tyler Montrone officer: EVP, Acima 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Anthony J Blasquez officer: EVP, Operations 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Sudeep Gautam officer: EVP, Chief Tech & Digital Off 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Fahmi Karam officer: EVP, Chief Financial Officer 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Aaron R Allred officer: EVP, Acima 3 DAWN HILL DR, SANDY UT 84092
Mitchell E Fadel other: See Footnote 1 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Jen You director 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Christopher B. Hetrick other: See Footnote 1 610 NEWPORT CENTER DRIVE, SUITE 250, NEWPORT BEACH CA 92660
Transient C Taylor officer: EVP, Human Resources 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Maureen B Short officer: CFO 5501 HEADQUARTERS DR, PLANO TX 75024
Ann L Davids officer: EVP, Chief Marketing Officer 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Catherine M Skula officer: EVP, Franchising 5501 HEADQUARTERS DR, C/O RENT-A-CENTER, INC., PLANO TX 75024
Brinson Caleb Silver director C/O RENT-A-CENTER, INC., 5501 HEADQUARTERS DRIVE, PLANO TX 75024
Harold G Lewis director 5501 HEADQUARTERS DRIVE, PLANO TX 75024