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Live Ventures (FRA:UYXP) Cyclically Adjusted Book per Share : €22.77 (As of Mar. 2024)


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What is Live Ventures 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.

Live Ventures's adjusted book value per share for the three months ended in Mar. 2024 was €28.016. 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 €22.77 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Live Ventures's average Cyclically Adjusted Book Growth Rate was 16.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 28.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -13.80% 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 Live Ventures was 28.50% per year. The lowest was -32.00% per year. And the median was -11.60% per year.

As of today (2024-06-08), Live Ventures's current stock price is €22.40. Live Ventures's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €22.77. Live Ventures's Cyclically Adjusted PB Ratio of today is 0.98.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Live Ventures was 5.52. The lowest was 0.07. And the median was 0.57.


Live Ventures Cyclically Adjusted Book per Share Historical Data

The historical data trend for Live Ventures'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.

Live Ventures Cyclically Adjusted Book per Share Chart

Live Ventures Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.41 9.15 13.12 20.45 21.92

Live Ventures 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 21.33 21.35 21.92 21.11 22.77

Competitive Comparison of Live Ventures's Cyclically Adjusted Book per Share

For the Home Improvement Retail subindustry, Live Ventures'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.


Live Ventures's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Live Ventures's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Live Ventures 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, Live Ventures'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)
=28.016/131.7762*131.7762
=28.016

Current CPI (Mar. 2024) = 131.7762.

Live Ventures Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.327 100.560 5.670
201409 4.185 100.428 5.491
201412 3.900 99.070 5.188
201503 4.218 99.621 5.579
201506 3.359 100.684 4.396
201509 1.993 100.392 2.616
201512 2.168 99.792 2.863
201603 2.520 100.470 3.305
201606 6.746 101.688 8.742
201609 7.729 101.861 9.999
201612 13.372 101.863 17.299
201703 14.041 102.862 17.988
201706 14.434 103.349 18.404
201709 14.146 104.136 17.901
201712 15.101 104.011 19.132
201803 15.352 105.290 19.214
201806 17.252 106.317 21.383
201809 17.076 106.507 21.127
201812 18.556 105.998 23.069
201903 19.176 107.251 23.561
201906 20.176 108.070 24.602
201909 16.971 108.329 20.644
201912 21.050 108.420 25.585
202003 24.533 108.902 29.686
202006 21.785 108.767 26.393
202009 23.476 109.815 28.171
202012 25.892 109.897 31.047
202103 31.322 111.754 36.934
202106 35.944 114.631 41.320
202109 40.572 115.734 46.196
202112 45.914 117.630 51.436
202203 27.978 121.301 30.394
202206 30.213 125.017 31.847
202209 32.062 125.227 33.739
202212 30.588 125.222 32.189
202303 30.589 127.348 31.653
202306 30.525 128.729 31.248
202309 29.651 129.860 30.089
202312 28.844 129.419 29.369
202403 28.016 131.776 28.016

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


Live Ventures  (FRA:UYXP) 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.

Live Ventures's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=22.40/22.77
=0.98

* 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 Live Ventures was 5.52. The lowest was 0.07. And the median was 0.57.


Be Aware

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


Live Ventures Cyclically Adjusted Book per Share Related Terms

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


Live Ventures (FRA:UYXP) Business Description

Traded in Other Exchanges
Address
325 East Warm Springs Road, Suite 102, Las Vegas, NV, USA, 89119
Live Ventures Inc is a holding company for diversified businesses. It is focused on acquiring and operating profitable companies in various industries. The company operates in the business segments of Retail, which includes direct sales of entertainment and appliance products and services, Flooring Manufacturing, Steel Manufacturing, which includes the sale of steel plates, ground flat stock, and drill rods, and Corporate and Other. It derives key revenue from the Flooring Manufacturing segment which includes the manufacturing of carpets and rugs, yarn products, as well as a reseller of hard surface flooring products. Geographically the activities are carried out throughout the United States.

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