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


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What is Yellow Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Yellow Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Yellow'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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Yellow Cyclically Adjusted PB Ratio Chart

Yellow Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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Yellow Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of Yellow's Cyclically Adjusted PB Ratio

For the Trucking subindustry, Yellow'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.


Yellow's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Yellow's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Yellow 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.

Yellow's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Yellow's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=-8.591/128.7287*128.7287
=-8.591

Current CPI (Jun. 2023) = 128.7287.

Yellow Quarterly Data

Book Value per Share CPI Adj_Book
201309 -65.596 98.790 -85.475
201312 -58.726 98.326 -76.884
201403 -11.865 99.695 -15.320
201406 -11.835 100.560 -15.150
201409 -11.784 100.428 -15.105
201412 -15.466 99.070 -20.096
201503 -14.646 99.621 -18.925
201506 -13.936 100.684 -17.818
201509 -13.301 100.392 -17.055
201512 -11.804 99.792 -15.227
201603 -12.099 100.470 -15.502
201606 -11.084 101.688 -14.031
201609 -10.539 101.861 -13.319
201612 -12.817 101.863 -16.197
201703 -13.390 102.862 -16.757
201706 -12.546 103.349 -15.627
201709 -12.336 104.136 -15.249
201712 -10.800 104.011 -13.367
201803 -10.804 105.290 -13.209
201806 -10.105 106.317 -12.235
201809 -9.714 106.507 -11.741
201812 -9.233 105.998 -11.213
201903 -10.103 107.251 -12.126
201906 -10.203 108.070 -12.153
201909 -10.502 108.329 -12.480
201912 -13.086 108.420 -15.537
202003 -11.543 108.902 -13.645
202006 -8.795 108.767 -10.409
202009 -6.064 109.815 -7.108
202012 -4.449 109.897 -5.211
202103 -5.551 111.754 -6.394
202106 -5.631 114.631 -6.323
202109 -6.019 115.734 -6.695
202112 -7.134 117.630 -7.807
202203 -7.543 121.301 -8.005
202206 -6.302 125.017 -6.489
202209 -6.527 125.227 -6.710
202212 -7.393 125.222 -7.600
202303 -8.403 127.348 -8.494
202306 -8.591 128.729 -8.591

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.


Yellow  (OTCPK:YELLQ) 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.


Yellow Cyclically Adjusted PB Ratio Related Terms

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


Yellow (Yellow) Business Description

Industry
Traded in Other Exchanges
N/A
Address
501 Commerce Street, Suite 1120, Nashville, TN, USA, 37203
Yellow Corp is engaged in offering transportation services. It has a comprehensive less-than-truckload (LTL) networks in North America with local, regional, national, and international capabilities. The company offers expertise in LTL shipments and flexible supply chain solutions, ensuring customers ship industrial, commercial and retail goods. Its revenue is primarily derived from transporting LTL shipments in the United States and it also offers other services such as truckload services, customer-specific logistics solutions, and other services.
Executives
Mary Nell Browning director 2200 WILLOWICK ROAD, APT. 15C, HOUSTON TX 77027
Thomas A. Knott director 103 GRACE HILL ROAD, NEWBURY NH 03255
Daniel L. Olivier officer: Interim CFO 10990 ROE AVENUE, OVERLAND PARK KS 66211
Mfn Partners, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Farhad Nanji 10 percent owner C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
Mfn Partners Management, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Management, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
David H. Webber director 11500 OUTLOOK STREET, SUITE 400, OVERLAND PARK KS 66224
James E. Hoffman director 325 INNES WAY, CEDAR RAPIDS IA 52403
Annlea Rumfola officer: Chief Information Officer 501 COMMERCE STREET, SUITE 1120, NASHVILLE TN 37203
Shaunna D. Jones director 10990 ROE AVENUE, OVERLAND PARK KS 66211
James R. Faught officer: Chief Accounting Officer 10990 ROE AVENUE, OVERLAND PARK KS 66211
Javier L. Evans director 400 RELLA BOULEVARD, MONTEBELLO NY 10901