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Atlanticus Holdings (Atlanticus Holdings) Cyclically Adjusted Book per Share : $6.64 (As of Mar. 2024)


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What is Atlanticus Holdings Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Atlanticus Holdings's adjusted book value per share for the three months ended in Mar. 2024 was $28.124. 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 $6.64 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Atlanticus Holdings's average Cyclically Adjusted Book Growth Rate was 74.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 181.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 49.00% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -16.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Atlanticus Holdings was 181.70% per year. The lowest was -57.80% per year. And the median was -10.10% per year.

As of today (2024-05-23), Atlanticus Holdings's current stock price is $24.88. Atlanticus Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.64. Atlanticus Holdings's Cyclically Adjusted PB Ratio of today is 3.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlanticus Holdings was 132.13. The lowest was 0.13. And the median was 1.75.


Atlanticus Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for Atlanticus Holdings's Cyclically Adjusted Book per Share 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.

Atlanticus Holdings Cyclically Adjusted Book per Share Chart

Atlanticus Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.51 0.26 1.30 3.19 5.81

Atlanticus 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 Book per Share 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 3.81 4.47 5.16 5.81 6.64

Competitive Comparison of Atlanticus Holdings's Cyclically Adjusted Book per Share

For the Credit Services subindustry, Atlanticus 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.


Atlanticus Holdings's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

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

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



Atlanticus Holdings Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Atlanticus 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)
=28.124/131.7762*131.7762
=28.124

Current CPI (Mar. 2024) = 131.7762.

Atlanticus Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.296 100.560 -1.698
201409 -1.709 100.428 -2.242
201412 0.486 99.070 0.646
201503 0.669 99.621 0.885
201506 0.794 100.684 1.039
201509 0.823 100.392 1.080
201512 0.715 99.792 0.944
201603 1.018 100.470 1.335
201606 1.061 101.688 1.375
201609 0.482 101.861 0.624
201612 0.377 101.863 0.488
201703 0.456 102.862 0.584
201706 -0.087 103.349 -0.111
201709 -1.099 104.136 -1.391
201712 -2.356 104.011 -2.985
201803 -2.788 105.290 -3.489
201806 -2.094 106.317 -2.595
201809 -3.087 106.507 -3.819
201812 -1.400 105.998 -1.740
201903 -0.975 107.251 -1.198
201906 -0.503 108.070 -0.613
201909 0.175 108.329 0.213
201912 -2.461 108.420 -2.991
202003 -2.306 108.902 -2.790
202006 -1.126 108.767 -1.364
202009 1.027 109.815 1.232
202012 2.314 109.897 2.775
202103 4.724 111.754 5.570
202106 13.059 114.631 15.012
202109 17.404 115.734 19.816
202112 19.454 117.630 21.794
202203 18.378 121.301 19.965
202206 19.930 125.017 21.008
202209 21.284 125.227 22.397
202212 22.584 125.222 23.766
202303 23.844 127.348 24.673
202306 25.184 128.729 25.780
202309 25.717 129.860 26.097
202312 27.026 129.419 27.518
202403 28.124 131.776 28.124

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Atlanticus Holdings  (NAS:ATLC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Atlanticus Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=24.88/6.64
=3.75

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Atlanticus Holdings was 132.13. The lowest was 0.13. And the median was 1.75.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Atlanticus Holdings Cyclically Adjusted Book per Share Related Terms

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


Atlanticus Holdings (Atlanticus Holdings) Business Description

Traded in Other Exchanges
Address
Five Concourse Parkway, Suite 300, Atlanta, GA, USA, 30328
Atlanticus Holdings Corp invests in the financial services industry. It provides various credit and related financial services and products to or associated with the financially underserved consumer credit market. The operating business segments are the Credit as a Service and the Auto Finance segment. It generates maximum revenue from the Credit as a Service segment.
Executives
Deal W Hudson director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Denise M Harrod director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
James Dennis H Jr director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
David G Hanna director, 10 percent owner, officer: CEO & Chairman of the Board FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
William Mccamey officer: CFO and Treasurer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mitchell Saunders officer: Chief Accounting Officer FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Thomas G Rosencrants director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Mack F Mattingly director C/O ATLANTICUS HOLDINGS CORPORATION, FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Jeffrey A. Howard director, officer: President FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Joann G Jones director FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Kimberly M Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Sally R Hanna 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328
Richard W Gilbert officer: Chief Operating Officer C/O ATLANTICUS HOLDINGS CORP, FIVE CONCOURSE PARKWAY, SUITE 300 GA 30328
Jpmorgan Chase & Co 10 percent owner 383 MADISON AVENUE, NEW YORK NY 10017
Hanna Frank J Iii director, 10 percent owner FIVE CONCOURSE PARKWAY, SUITE 300, ATLANTA GA 30328

Atlanticus Holdings (Atlanticus Holdings) Headlines