GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » Altisource Asset Management Corp (AMEX:AAMC) » Definitions » Cyclically Adjusted PB Ratio

Altisource Asset Management (Altisource Asset Management) Cyclically Adjusted PB Ratio : (As of Jun. 04, 2024)


View and export this data going back to 2012. Start your Free Trial

What is Altisource Asset Management Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Altisource Asset Management Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Altisource Asset Management'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.

Altisource Asset Management Cyclically Adjusted PB Ratio Chart

Altisource Asset Management 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 - - - - -

Altisource Asset Management 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 - - - - -

Competitive Comparison of Altisource Asset Management's Cyclically Adjusted PB Ratio

For the Mortgage Finance subindustry, Altisource Asset Management'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.


Altisource Asset Management's Cyclically Adjusted PB Ratio Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Altisource Asset Management's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Altisource Asset Management 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.

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

For example, Altisource Asset Management'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)
=1.275/131.7762*131.7762
=1.275

Current CPI (Mar. 2024) = 131.7762.

Altisource Asset Management Quarterly Data

Book Value per Share CPI Adj_Book
201406 -109.168 100.560 -143.057
201409 -116.574 100.428 -152.962
201412 -47.614 99.070 -63.333
201503 -111.539 99.621 -147.541
201506 -46.166 100.684 -60.423
201509 -45.555 100.392 -59.797
201512 -51.942 99.792 -68.590
201603 -57.130 100.470 -74.931
201606 -67.193 101.688 -87.074
201609 -67.889 101.861 -87.827
201612 -171.592 101.863 -221.983
201703 -72.314 102.862 -92.641
201706 -165.876 103.349 -211.502
201709 -165.937 104.136 -209.981
201712 -72.424 104.011 -91.757
201803 -73.083 105.290 -91.468
201806 -72.937 106.317 -90.403
201809 -73.000 106.507 -90.320
201812 -77.434 105.998 -96.266
201903 -76.840 107.251 -94.412
201906 -75.357 108.070 -91.888
201909 -76.478 108.329 -93.031
201912 -76.515 108.420 -92.998
202003 -76.513 108.902 -92.585
202006 -78.918 108.767 -95.613
202009 -74.546 109.815 -89.454
202012 -59.378 109.897 -71.200
202103 -23.034 111.754 -27.161
202106 -22.490 114.631 -25.854
202109 -19.508 115.734 -22.212
202112 -21.900 117.630 -24.534
202203 -21.405 121.301 -23.253
202206 -22.547 125.017 -23.766
202209 -28.420 125.227 -29.906
202212 -29.642 125.222 -31.194
202303 -31.520 127.348 -32.616
202306 -32.726 128.729 -33.501
202309 -38.441 129.860 -39.008
202312 -49.263 129.419 -50.160
202403 1.275 131.776 1.275

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.


Altisource Asset Management  (AMEX:AAMC) 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.


Altisource Asset Management Cyclically Adjusted PB Ratio Related Terms

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


Altisource Asset Management (Altisource Asset Management) Business Description

Traded in Other Exchanges
N/A
Address
5100 Tamarind Reef, Christiansted, VIR, 00820
Altisource Asset Management Corp is an asset management company. It provides asset management, portfolio management, and corporate governance services to investment vehicles that own real estate-related assets. The firm's business is to provide its services to the client in a manner that builds long-term value and a stable income stream while generating management fees for the firm and developing additional investment strategies and vehicles.
Executives
King Theodore Walker Cheng-de 10 percent owner UNIT 1502, 15TH FLOOR, 99 HENNESSY ROAD, WANCHAI K3 999077
Charles L Frischer director 3156 EAST LAURELHURST DRIVE, NE, SEATTLE WA 98105
Elsie Elaine Erbey 10 percent owner P.O. BOX AP-59223, PMB 3406, NASSAU C5 00000
Jason A Kopcak officer: President/COO 112 TRADD ST, CHARLESTON SC 29401
Ricardo Byrd director C/O AAMC, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
De Jongh John P Jr. director C/O ALTISOURCE ASSET MANAGEMENT, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
Stephen Ramiro Krallman officer: CFO and Principal Acct Officer 3217 PLAZA DE RAFAEL, LAS VEGAS NV 89102
Kevin Francis Sullivan officer: Gen Counsel/Chief Compliance 30 BATTLEBROOK LN, PRINCETON NJ 08540
Thomas K Mccarthy officer: Interim CEO 800 JUNO OCEAN WALK UNIT 104A, JUNO BEACH FL 33408
Paris Graham Singer officer: General Counsel and Secretary 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
Christopher D. Moltke-hansen officer: Chief Financial Officer C/O AAMC, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
Indroneel Chatterjee director, officer: Co-Chief Executive Officer 40, AVENUE MONTEREY, LUXEMBOURG CITY N4 L-2163
John A. Engerman director C/O AAMC, 5100 TAMARIND REEF, CHRISTIANSTED VI 00820
William C Erbey 10 percent owner PO BOX 25437, CHRISTIANSTED VI 00824
Dale Kurland director C/O ALTISOURCE ASSET MANAGEMENT CORP, 402 STRAND STREET, FREDERIKSTED, ST. CROIX VI 00840