GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Personal Services » Art Vivant Co Ltd (OTCPK:AVVFF) » Definitions » Cyclically Adjusted PB Ratio

Art Vivant Co (Art Vivant Co) Cyclically Adjusted PB Ratio : (As of Jun. 02, 2024)


View and export this data going back to 2020. Start your Free Trial

What is Art Vivant Co Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Art Vivant Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Art Vivant Co'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.

Art Vivant Co Cyclically Adjusted PB Ratio Chart

Art Vivant Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.59 0.47 0.62 0.56 0.53

Art Vivant Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 0.51 0.53 0.82 0.94 0.89

Competitive Comparison of Art Vivant Co's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Art Vivant Co'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.


Art Vivant Co's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Art Vivant Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Art Vivant Co's Cyclically Adjusted PB Ratio falls into.



Art Vivant Co 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.

Art Vivant Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Art Vivant Co's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1497.187/106.8000*106.8000
=1,497.187

Current CPI (Dec. 2023) = 106.8000.

Art Vivant Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1,023.079 95.700 1,141.743
201406 999.472 98.000 1,089.221
201409 1,011.911 98.500 1,097.179
201412 1,022.398 97.900 1,115.343
201503 1,020.199 97.900 1,112.944
201506 1,005.270 98.400 1,091.086
201509 1,025.375 98.500 1,111.777
201512 1,035.469 98.100 1,127.300
201603 1,012.071 97.900 1,104.077
201606 994.154 98.100 1,082.321
201609 1,003.640 98.000 1,093.763
201612 1,016.543 98.400 1,103.321
201703 939.554 98.100 1,022.878
201706 937.892 98.500 1,016.922
201709 939.642 98.800 1,015.726
201712 933.923 99.400 1,003.450
201803 953.698 99.200 1,026.764
201806 974.895 99.200 1,049.585
201809 1,020.701 99.900 1,091.200
201812 997.751 99.700 1,068.804
201903 1,114.751 99.700 1,194.136
201906 1,097.272 99.800 1,174.235
201909 1,132.646 100.100 1,208.457
201912 1,149.711 100.500 1,221.782
202003 1,115.843 100.300 1,188.156
202006 1,221.365 99.900 1,305.724
202009 1,243.304 99.900 1,329.178
202012 1,262.979 99.300 1,358.370
202103 1,201.465 99.900 1,284.449
202106 1,332.882 99.500 1,430.671
202109 1,366.337 100.100 1,457.790
202112 1,329.516 100.100 1,418.505
202203 1,317.265 101.100 1,391.532
202206 1,311.539 101.800 1,375.956
202209 1,329.371 103.100 1,377.079
202212 1,369.390 104.100 1,404.907
202303 1,405.378 104.400 1,437.686
202306 1,465.865 105.200 1,488.160
202309 1,484.311 106.200 1,492.697
202312 1,497.187 106.800 1,497.187

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.


Art Vivant Co  (OTCPK:AVVFF) 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.


Art Vivant Co Cyclically Adjusted PB Ratio Related Terms

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


Art Vivant Co (Art Vivant Co) Business Description

Traded in Other Exchanges
Address
4-13-14, Higashi-Shinagawa, 13th Floor, Glass Cube, Tokyo, JPN, 140-0002
Art Vivant Co Ltd is a Japan-based company engaged in operating art galleries. It is involved in selling mainly contemporary art printings and selection of popular artists at stores and exhibitions. The company offered products include paintings such as prints, oil paintings, watercolor, arts and crafts, and sculptures, among other products.

Art Vivant Co (Art Vivant Co) Headlines