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Elah Holdings (Elah Holdings) Cyclically Adjusted PB Ratio : 1.08 (As of Jun. 10, 2024)


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What is Elah Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Elah Holdings's current share price is $38.00. Elah Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $35.24. Elah Holdings's Cyclically Adjusted PB Ratio for today is 1.08.

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

ELLH' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.23   Med: 0.43   Max: 1.08
Current: 1.08

During the past years, Elah Holdings's highest Cyclically Adjusted PB Ratio was 1.08. The lowest was 0.23. And the median was 0.43.

ELLH's Cyclically Adjusted PB Ratio is ranked worse than
54.74% of 95 companies
in the Diversified Financial Services industry
Industry Median: 0.97 vs ELLH: 1.08

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.

Elah Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was $11.990. 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 $35.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Elah Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Elah Holdings'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.

Elah Holdings Cyclically Adjusted PB Ratio Chart

Elah Holdings 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 0.34 0.50 0.54 0.37 0.52

Elah Holdings 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 0.45 0.47 0.63 0.52 0.82

Competitive Comparison of Elah Holdings's Cyclically Adjusted PB Ratio

For the Shell Companies subindustry, Elah Holdings'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.


Elah Holdings's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Elah Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Elah Holdings 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.

Elah Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.00/35.24
=1.08

* 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.

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

For example, Elah Holdings'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)
=11.99/131.7762*131.7762
=11.990

Current CPI (Mar. 2024) = 131.7762.

Elah Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 761.015 100.560 997.257
201409 3.011 100.428 3.951
201412 5.012 99.070 6.667
201503 4.590 99.621 6.072
201506 4.195 100.684 5.490
201509 4.977 100.392 6.533
201512 4.901 99.792 6.472
201603 3.806 100.470 4.992
201606 4.478 101.688 5.803
201609 4.152 101.861 5.371
201612 1.137 101.863 1.471
201703 0.742 102.862 0.951
201706 0.688 103.349 0.877
201709 -0.570 104.136 -0.721
201712 -2.729 104.011 -3.457
201803 -143.311 105.290 -179.362
201806 26.172 106.317 32.439
201809 25.392 106.507 31.416
201812 23.677 105.998 29.435
201903 22.678 107.251 27.864
201906 21.898 108.070 26.702
201909 21.177 108.329 25.761
201912 23.619 108.420 28.707
202003 22.772 108.902 27.555
202006 22.074 108.767 26.744
202009 21.898 109.815 26.277
202012 21.445 109.897 25.714
202103 20.693 111.754 24.400
202106 20.153 114.631 23.167
202109 19.608 115.734 22.326
202112 19.039 117.630 21.329
202203 18.337 121.301 19.921
202206 17.621 125.017 18.574
202209 16.488 125.227 17.350
202212 15.858 125.222 16.688
202303 14.991 127.348 15.512
202306 14.266 128.729 14.604
202309 13.568 129.860 13.768
202312 12.582 129.419 12.811
202403 11.990 131.776 11.990

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.


Elah Holdings  (OTCPK:ELLH) 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.


Elah Holdings Cyclically Adjusted PB Ratio Related Terms

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


Elah Holdings (Elah Holdings) Business Description

Traded in Other Exchanges
N/A
Address
4514 Cole Avenue, Suite 1600, Dallas, TX, USA, 75205
Elah Holdings Inc is a holding company. The Company has operated as one single segment and continues to execute its longstanding business strategy of seeking to acquire profitable businesses in the commercial and industrial markets and supporting the performance of such acquisitions post-closing.
Executives
Randolph E. Brown director 8214 WESTCHESTER DR., STE 950, DALLAS TX 75225
C Clark Webb director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Goldman Sachs Asset Management, L.p. 10 percent owner 200 WEST STREET, NEW YORK NY 10282
210/rely Partners, Lp 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210/rely Investment, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75219
Brian K Laibow director C/O OAKTREE CAPITAL MANAGEMENT, L.P., 333 SOUTH GRAND AVENUE, 28TH FLOOR, LOS ANGELES CA 90071
Goldman Sachs Bdc, Inc. 10 percent owner 200 WEST STREET, ATT: PRIVATE CREDIT GROUP, NEW YORK NY 10282
Goldman Sachs Private Middle Market Credit Llc 10 percent owner 200 WEST STREET, NEW YORK NY 10298-2198
Goldman Sachs Middle Market Lending Corp. 10 percent owner 200 WEST STREET, NEW YORK NY 10282-2198
Douglas Tabor director 401 N. CARROLL #194, SOUTHLAKE TX 76092
Rha Investments, Inc. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
210 Capital, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Ccw/law Holdings, Llc 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Robert H Alpert director, 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 950, DALLAS TX 75225
Covenant Rha Partners, L.p. 10 percent owner 8214 WESTCHESTER DRIVE, SUITE 650, DALLAS TX 75225