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Vista Outdoor (Vista Outdoor) Cyclically Adjusted PB Ratio : 1.55 (As of May. 15, 2024)


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What is Vista Outdoor Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Vista Outdoor's current share price is $34.30. Vista Outdoor's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $22.10. Vista Outdoor's Cyclically Adjusted PB Ratio for today is 1.55.

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

VSTO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.09   Med: 1.3   Max: 1.61
Current: 1.56

During the past years, Vista Outdoor's highest Cyclically Adjusted PB Ratio was 1.61. The lowest was 1.09. And the median was 1.30.

VSTO's Cyclically Adjusted PB Ratio is ranked worse than
52.7% of 592 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs VSTO: 1.56

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.

Vista Outdoor's adjusted book value per share data for the three months ended in Mar. 2024 was $19.339. 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 $22.10 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Vista Outdoor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Vista Outdoor'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.

Vista Outdoor Cyclically Adjusted PB Ratio Chart

Vista Outdoor Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.27 1.48

Vista Outdoor 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 1.27 1.25 1.49 1.34 1.48

Competitive Comparison of Vista Outdoor's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Vista Outdoor'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.


Vista Outdoor's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Vista Outdoor's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Vista Outdoor 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.

Vista Outdoor's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=34.30/22.1
=1.55

* 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.

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

For example, Vista Outdoor'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)
=19.339/129.4194*129.4194
=19.339

Current CPI (Mar. 2024) = 129.4194.

Vista Outdoor Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.551 100.560 20.014
201409 15.616 100.428 20.124
201412 14.205 99.070 18.557
201503 25.813 99.621 33.534
201506 26.511 100.684 34.077
201509 26.557 100.392 34.236
201512 26.815 99.792 34.776
201603 27.294 100.470 35.158
201606 27.597 101.688 35.123
201609 28.703 101.861 36.469
201612 21.788 101.863 27.682
201703 21.838 102.862 27.476
201706 22.280 103.349 27.900
201709 20.489 104.136 25.464
201712 21.475 104.011 26.721
201803 21.199 105.290 26.057
201806 20.409 106.317 24.844
201809 20.490 106.507 24.898
201812 11.579 105.998 14.138
201903 10.553 107.251 12.734
201906 10.303 108.070 12.338
201909 10.184 108.329 12.167
201912 10.446 108.420 12.469
202003 7.624 108.902 9.060
202006 8.430 108.767 10.031
202009 9.864 109.815 11.625
202012 11.295 109.897 13.301
202103 12.585 111.754 14.574
202106 13.916 114.631 15.711
202109 16.321 115.734 18.251
202112 18.219 117.630 20.045
202203 20.045 121.301 21.387
202206 22.102 125.017 22.880
202209 23.856 125.227 24.655
202212 25.111 125.222 25.953
202303 19.826 127.348 20.149
202306 20.346 128.729 20.455
202309 21.111 129.860 21.039
202312 18.632 129.419 18.632
202403 19.339 129.419 19.339

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.


Vista Outdoor  (NYSE:VSTO) 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.


Vista Outdoor Cyclically Adjusted PB Ratio Related Terms

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


Vista Outdoor (Vista Outdoor) Business Description

Traded in Other Exchanges
Address
1 Vista Way, Anoka, MN, USA, 55303
Vista Outdoor Inc designs, develops, and manufactures outdoor sports and recreation products, and is domiciled in the United States. The company organizes itself into two segments: Shooting sports and Outdoor products. Shooting sports, which contributes the largest proportion of company revenue, includes ammunition, long guns, and related equipment under brands such as Federal Premium, Blackhawk, and Hoppe's. Outdoor products include archery and hunting accessories, eyewear, golf products, hydration products, and stand-up paddle boards under brands including CamelBak and Bushnell. The company derives the vast majority of revenue domestically.
Executives
Gary L Mcarthur director HARRIS CORPORATION, 1025 W. NASA BOULEVARD, MELBOURNE FL 32919
Yun Jung Choi officer: VP, GC & Corp Secretary C/O BOXED, INC., 451 BROADWAY, 2ND FLOOR, NEW YORK NY 10013
Eric Nyman officer: CEO C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Michael D Robinson director 1291 5TH AVE, SAN FRANCISCO CA 94122
Jason R Vanderbrink officer: President, Ammunition 900 BOB EHLEN DRIVE, ANOKA MN 55303
Jeffrey Ehrich officer: GC & Corp Secretary - Interim 656 EVANS COURT, SHOREVIEW MN 55126
Andrew Keegan officer: Interim CFO 4035 DAHL RD, MOUND MN 55364
Kelly L Reisdorf officer: Chief Comms & IR Officer 1 VISTA WAY, ANOKA MN 55303
Bruce Grooms director C/O EMCORE CORPORATION, 2015 CHESTNUT ST., ALHAMBRA CA 91803
Gerard Gibbons director 616 GLENOVER DRIVE, MILTON GA 30004
Christopher T Metz director, officer: CEO BLACK & DECKER CORP, 701 EAST JOPPA ROAD, TOWSON MD 21286
Dylan Scott Ramsey officer: VP,General Counsel & Secretary 1 VISTA WAY, ANOKA MN 55303
Sudhanshu Shekhar Priyadarshi officer: SVP & CFO 6425 HALL OF FAME LANE, FRISCO TX 75034
Robert M Tarola director 1101 30TH STREET, NW, SUITE 500, WASHINGTON DC 20007
Mark A. Gottfredson director 938 UNIVERSITY PARK BOULEVARD, SUITE 200, CLEARFIELD UT 84015