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ABERDEEN EMERGING MARKETS EQUITYOME FUND, (ABERDEEN EMERGING MARKETS EQUITYOME FUND,) Cyclically Adjusted PB Ratio : 0.57 (As of Jun. 07, 2024)


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What is ABERDEEN EMERGING MARKETS EQUITYOME FUND, Cyclically Adjusted PB Ratio?

As of today (2024-06-07), ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s current share price is $5.26. ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 was $9.24. ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio for today is 0.57.

The historical rank and industry rank for ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio or its related term are showing as below:

AEF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.55   Max: 0.87
Current: 0.57

During the past 13 years, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s highest Cyclically Adjusted PB Ratio was 0.87. The lowest was 0.40. And the median was 0.55.

AEF's Cyclically Adjusted PB Ratio is ranked better than
72.78% of 944 companies
in the Asset Management industry
Industry Median: 0.8 vs AEF: 0.57

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.

ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s adjusted book value per share data of for the fiscal year that ended in Dec23 was $5.960. 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 $9.24 for the trailing ten years ended in Dec23.

Shiller PE for Stocks: The True Measure of Stock Valuation


ABERDEEN EMERGING MARKETS EQUITYOME FUND, Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ABERDEEN EMERGING MARKETS EQUITYOME FUND,'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.

ABERDEEN EMERGING MARKETS EQUITYOME FUND, Cyclically Adjusted PB Ratio Chart

ABERDEEN EMERGING MARKETS EQUITYOME FUND, 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 0.63 0.77 0.76 0.53 0.55

ABERDEEN EMERGING MARKETS EQUITYOME FUND, Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.76 - 0.53 - 0.55

Competitive Comparison of ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio

For the Asset Management subindustry, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'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.


ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio falls into.



ABERDEEN EMERGING MARKETS EQUITYOME FUND, 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.

ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.26/9.24
=0.57

* 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.

ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=5.96/129.4194*129.4194
=5.960

Current CPI (Dec23) = 129.4194.

ABERDEEN EMERGING MARKETS EQUITYOME FUND, Annual Data

Book Value per Share CPI Adj_Book
201412 8.253 99.070 10.781
201512 6.451 99.792 8.366
201612 7.201 101.863 9.149
201712 9.823 104.011 12.223
201812 7.374 105.998 9.003
201912 8.656 108.420 10.333
202012 9.408 109.897 11.079
202112 8.701 117.630 9.573
202212 5.776 125.222 5.970
202312 5.960 129.419 5.960

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.


ABERDEEN EMERGING MARKETS EQUITYOME FUND,  (AMEX:AEF) 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.


ABERDEEN EMERGING MARKETS EQUITYOME FUND, Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of ABERDEEN EMERGING MARKETS EQUITYOME FUND,'s Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


ABERDEEN EMERGING MARKETS EQUITYOME FUND, (ABERDEEN EMERGING MARKETS EQUITYOME FUND,) Business Description

Traded in Other Exchanges
N/A
Address
1900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
ABERDEEN EMERGING MARKETS EQUITY INCOME FUND, INC. is a closed-end investment company. The Fund's investment objective is to seek to provide both current income and long-term capital appreciation. It invests in the public equity and fixed income markets of Chile. The Fund invests in a range of sectors, including financials, consumer staples, utilities, consumer discretionary, materials, energy, information technology, Private Equity, telecommunication services, healthcare, real estate and industrials.
Executives
Peter Branner other: Other - Director of Adviser C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Xavier Meyer other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey officer: Vice President 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson other: Director of Adviser 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Robert W. Hepp officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Michael Marsico officer: Vice President C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Neil Andrew Slater other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Rahn K Porter director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Michael Mark Redman other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Robert Mckillop other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Alex Hoctor-duncan other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103

ABERDEEN EMERGING MARKETS EQUITYOME FUND, (ABERDEEN EMERGING MARKETS EQUITYOME FUND,) Headlines