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Beyond (Beyond) Cyclically Adjusted PB Ratio : 1.82 (As of May. 22, 2024)


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What is Beyond Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Beyond's current share price is $16.94. Beyond's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.31. Beyond's Cyclically Adjusted PB Ratio for today is 1.82.

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

BYON' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.81   Med: 6.9   Max: 29.32
Current: 1.8

During the past years, Beyond's highest Cyclically Adjusted PB Ratio was 29.32. The lowest was 0.81. And the median was 6.90.

BYON's Cyclically Adjusted PB Ratio is ranked worse than
65.48% of 730 companies
in the Retail - Cyclical industry
Industry Median: 1.18 vs BYON: 1.80

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.

Beyond's adjusted book value per share data for the three months ended in Mar. 2024 was $6.292. 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 $9.31 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Beyond Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Beyond'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.

Beyond Cyclically Adjusted PB Ratio Chart

Beyond 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 1.76 10.57 9.48 2.40 3.02

Beyond 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 2.38 3.68 1.73 3.02 3.86

Competitive Comparison of Beyond's Cyclically Adjusted PB Ratio

For the Internet Retail subindustry, Beyond'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.


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

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

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



Beyond 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.

Beyond's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.94/9.31
=1.82

* 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.

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

For example, Beyond'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)
=6.292/131.7762*131.7762
=6.292

Current CPI (Mar. 2024) = 131.7762.

Beyond Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.347 100.560 7.007
201409 5.328 100.428 6.991
201412 5.364 99.070 7.135
201503 5.338 99.621 7.061
201506 5.462 100.684 7.149
201509 5.898 100.392 7.742
201512 5.948 99.792 7.854
201603 6.450 100.470 8.460
201606 6.436 101.688 8.340
201609 6.352 101.861 8.217
201612 6.894 101.863 8.919
201703 6.799 102.862 8.710
201706 6.517 103.349 8.310
201709 6.523 104.136 8.254
201712 6.387 104.011 8.092
201803 6.231 105.290 7.798
201806 4.150 106.317 5.144
201809 5.347 106.507 6.616
201812 4.098 105.998 5.095
201903 3.910 107.251 4.804
201906 3.612 108.070 4.404
201909 2.936 108.329 3.571
201912 2.916 108.420 3.544
202003 2.487 108.902 3.009
202006 3.457 108.767 4.188
202009 8.362 109.815 10.034
202012 8.738 109.897 10.478
202103 8.462 111.754 9.978
202106 15.721 114.631 18.072
202109 16.486 115.734 18.771
202112 17.302 117.630 19.383
202203 17.149 121.301 18.630
202206 15.510 125.017 16.349
202209 14.793 125.227 15.567
202212 14.367 125.222 15.119
202303 14.173 127.348 14.666
202306 12.680 128.729 12.980
202309 11.394 129.860 11.562
202312 7.908 129.419 8.052
202403 6.292 131.776 6.292

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.


Beyond  (NYSE:BYON) 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.


Beyond Cyclically Adjusted PB Ratio Related Terms

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


Beyond (Beyond) Business Description

Traded in Other Exchanges
Address
799 West Coliseum Way, Midvale, UT, USA, 84047
Beyond Inc is an online retailer that provides products and services through websites. The company offers a broad range of products, including furniture, décor, area rugs, bedding and bath, home improvement, outdoor, and kitchen and dining items, BMMG (like books, magazines, CDs), electronics, and other items. The home and garden product line account for a material part of its total revenue. The company operates through a direct business that makes sales from the company's own inventory, and a partner business that sells merchandise from manufacturers, distributors and other suppliers through the company's websites. The company generates the majority of its total revenue from partner business in terms of business format, and from the U.S. in terms of market.
Executives
Marcus Lemonis director 200 EAST BROWARD SUITE 920, FT LAUDERDALE FL 33301
Tabacco Joseph J Jr director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Nettles William Benjamin Jr director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barbara Messing director C/O XO GROUP INC., 195 BROADWAY, 25TH FLOOR, NEW YORK NY 10007
Joel Weight officer: Chief Technology Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Debra Sue Bollom officer: CHIEF MERCHANDISING OFFICER 799 WEST COLISEUM WAY, MIDVALE UT 84047
Eric Glen Nickle officer: VP, Legal & General Counsel 799 W COLISEUM WAY, MIDVALE UT 84047
Joanna Catherine Burkey director 799 WEST COLISEUM WAY, MIDVALE UT 84047
Barclay F Corbus director 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121
Johnson Jonathan E Iii officer: General Counsel & VP 6322 S 300 S, STE 100, SALT LAKE CITY UT 84121
Carlisha Brown Robinson officer: Chief Product Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Krista Jean Mathews officer: Chief Customer Officer 799 W. COLISEUM WAY, MIDVALE UT 84047
Matthew Philip Willden officer: Chief People Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
Chia-fen Angela Hsu officer: Chief Marketing Officer 799 WEST COLISEUM WAY, MIDVALE UT 84047
David J. Nielsen officer: Chief Sourcing & Oper Officer 6350 SOUTH 3000 EAST, SALT LAKE CITY UT 84121

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