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Alaris Equity Partnersome Trust (Alaris Equity Partnersome Trust) Cyclically Adjusted PB Ratio : 0.79 (As of Jun. 08, 2024)


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What is Alaris Equity Partnersome Trust Cyclically Adjusted PB Ratio?

As of today (2024-06-08), Alaris Equity Partnersome Trust's current share price is $11.50. Alaris Equity Partnersome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $14.51. Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio for today is 0.79.

The historical rank and industry rank for Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio or its related term are showing as below:

ADLRF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.46   Med: 1.05   Max: 2.48
Current: 0.77

During the past years, Alaris Equity Partnersome Trust's highest Cyclically Adjusted PB Ratio was 2.48. The lowest was 0.46. And the median was 1.05.

ADLRF's Cyclically Adjusted PB Ratio is ranked better than
53.68% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs ADLRF: 0.77

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.

Alaris Equity Partnersome Trust's adjusted book value per share data for the three months ended in Mar. 2024 was $16.001. 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 $14.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Alaris Equity Partnersome Trust Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alaris Equity Partnersome Trust'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.

Alaris Equity Partnersome Trust Cyclically Adjusted PB Ratio Chart

Alaris Equity Partnersome Trust 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 1.34 0.90 1.05 0.83 0.81

Alaris Equity Partnersome Trust 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 0.85 0.76 0.68 0.81 0.84

Competitive Comparison of Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Alaris Equity Partnersome Trust'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.


Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio falls into.



Alaris Equity Partnersome Trust 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.50/14.51
=0.79

* 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.

Alaris Equity Partnersome Trust's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Alaris Equity Partnersome Trust'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)
=16.001/126.2576*126.2576
=16.001

Current CPI (Mar. 2024) = 126.2576.

Alaris Equity Partnersome Trust Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.858 99.473 18.859
201409 14.785 99.394 18.781
201412 14.321 98.367 18.382
201503 13.448 99.789 17.015
201506 13.671 100.500 17.175
201509 13.859 100.421 17.425
201512 13.600 99.947 17.180
201603 13.675 101.054 17.086
201606 13.867 102.002 17.165
201609 13.539 101.765 16.798
201612 13.508 101.449 16.811
201703 13.327 102.634 16.395
201706 13.311 103.029 16.312
201709 13.413 103.345 16.387
201712 12.978 103.345 15.855
201803 12.604 105.004 15.155
201806 12.829 105.557 15.345
201809 12.885 105.636 15.400
201812 12.967 105.399 15.533
201903 12.802 106.979 15.109
201906 12.966 107.690 15.202
201909 13.242 107.611 15.537
201912 12.503 107.769 14.648
202003 11.302 107.927 13.222
202006 11.390 108.401 13.266
202009 11.811 108.164 13.787
202012 12.112 108.559 14.087
202103 12.384 110.298 14.176
202106 12.876 111.720 14.552
202109 13.186 112.905 14.745
202112 13.650 113.774 15.148
202203 13.793 117.646 14.803
202206 14.352 120.806 15.000
202209 14.670 120.648 15.352
202212 14.602 120.964 15.241
202303 14.337 122.702 14.752
202306 14.727 124.203 14.971
202309 15.447 125.230 15.574
202312 15.741 125.072 15.890
202403 16.001 126.258 16.001

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.


Alaris Equity Partnersome Trust  (OTCPK:ADLRF) 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.


Alaris Equity Partnersome Trust Cyclically Adjusted PB Ratio Related Terms

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


Alaris Equity Partnersome Trust (Alaris Equity Partnersome Trust) Business Description

Traded in Other Exchanges
Address
250, 333 - 24th Avenue South West, Calgary, AB, CAN, T2S 3E6
Alaris Equity Partners Income Trust is an open-ended trust. The Trust, through its subsidiaries, indirectly provides alternative financing to private companies (Partners) in exchange for distributions with the principal objective of generating stable and predictable cash flows for payment of distributions to unitholders of the Trust. Distributions from the Partners are adjusted each year based on the percentage change of a top-line financial performance measure such as gross margin and same-store sales and rank in priority to the owner's common equity position.

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