GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Sally Beauty Holdings Inc (FRA:S7V) » Definitions » Cyclically Adjusted PB Ratio

Sally Beauty Holdings (FRA:S7V) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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

What is Sally Beauty Holdings Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Sally Beauty Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sally Beauty Holdings'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.

Sally Beauty Holdings Cyclically Adjusted PB Ratio Chart

Sally Beauty Holdings Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Sally Beauty Holdings 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 Sally Beauty Holdings's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, Sally Beauty Holdings'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.


Sally Beauty Holdings's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

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

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



Sally Beauty Holdings 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.

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

For example, Sally Beauty Holdings'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)
=4.896/131.7762*131.7762
=4.896

Current CPI (Mar. 2024) = 131.7762.

Sally Beauty Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 -1.718 100.560 -2.251
201409 -1.741 100.428 -2.284
201412 -1.314 99.070 -1.748
201503 -1.535 99.621 -2.030
201506 -1.079 100.684 -1.412
201509 -1.752 100.392 -2.300
201512 -1.976 99.792 -2.609
201603 -2.098 100.470 -2.752
201606 -1.722 101.688 -2.232
201609 -1.700 101.861 -2.199
201612 -1.920 101.863 -2.484
201703 -2.163 102.862 -2.771
201706 -2.366 103.349 -3.017
201709 -2.354 104.136 -2.979
201712 -2.302 104.011 -2.917
201803 -2.077 105.290 -2.599
201806 -2.329 106.317 -2.887
201809 -1.919 106.507 -2.374
201812 -1.572 105.998 -1.954
201903 -1.069 107.251 -1.313
201906 -0.519 108.070 -0.633
201909 -0.469 108.329 -0.571
201912 0.017 108.420 0.021
202003 -0.429 108.902 -0.519
202006 -0.547 108.767 -0.663
202009 0.117 109.815 0.140
202012 0.722 109.897 0.866
202103 1.005 111.754 1.185
202106 1.636 114.631 1.881
202109 2.113 115.734 2.406
202112 2.261 117.630 2.533
202203 2.309 121.301 2.508
202206 2.617 125.017 2.758
202209 2.772 125.227 2.917
202212 3.285 125.222 3.457
202303 3.699 127.348 3.828
202306 4.185 128.729 4.284
202309 4.486 129.860 4.552
202312 4.734 129.419 4.820
202403 4.896 131.776 4.896

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.


Sally Beauty Holdings  (FRA:S7V) 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.


Sally Beauty Holdings Cyclically Adjusted PB Ratio Related Terms

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


Sally Beauty Holdings (FRA:S7V) Business Description

Traded in Other Exchanges
Address
3001 Colorado Boulevard, Denton, TX, USA, 76210
Sally Beauty Holdings Inc is a professional beauty-products retailer based in the United States. Sally Beauty operates throughout the United States, Puerto Rico, the United Kingdom, Belgium, Canada, Chile, Colombia, Mexico, Peru, France, Ireland, Spain, Germany, and the Netherlands. The company operates through two business segments: Sally Beauty Supply and Beauty Systems Group. Product offerings include hair color and care, hair dryers and hair-styling appliances, nail care, skin care, and others.

Sally Beauty Holdings (FRA:S7V) Headlines

No Headlines