GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Adams PLC (LSE:ADA) » Definitions » Cyclically Adjusted PB Ratio

Adams (LSE:ADA) Cyclically Adjusted PB Ratio : 2.00 (As of Jun. 02, 2024)


View and export this data going back to 2005. Start your Free Trial

What is Adams Cyclically Adjusted PB Ratio?

As of today (2024-06-02), Adams's current share price is £0.06. Adams's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 was £0.03. Adams's Cyclically Adjusted PB Ratio for today is 2.00.

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

LSE:ADA' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.24   Max: 2.67
Current: 2

During the past 13 years, Adams's highest Cyclically Adjusted PB Ratio was 2.67. The lowest was 0.01. And the median was 0.24.

LSE:ADA's Cyclically Adjusted PB Ratio is ranked worse than
87.42% of 946 companies
in the Asset Management industry
Industry Median: 0.795 vs LSE:ADA: 2.00

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.

Adams's adjusted book value per share data of for the fiscal year that ended in Mar23 was £0.035. 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 £0.03 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Adams Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Adams'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.

Adams Cyclically Adjusted PB Ratio Chart

Adams 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 - 0.02 0.24 3.05 1.84

Adams Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 - 3.05 - 1.84 -

Competitive Comparison of Adams's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Adams'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.


Adams's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



Adams 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.06/0.03
=2.00

* 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.

Adams's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar23 is calculated as:

For example, Adams's adjusted Book Value per Share data for the fiscal year that ended in Mar23 was:

Adj_Book=Book Value per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=0.035/127.3478*127.3478
=0.035

Current CPI (Mar23) = 127.3478.

Adams Annual Data

Book Value per Share CPI Adj_Book
201403 0.004 99.695 0.005
201503 0.005 99.621 0.006
201603 0.013 100.470 0.016
201703 0.014 102.862 0.017
201803 0.026 105.290 0.031
201903 0.029 107.251 0.034
202003 0.025 108.902 0.029
202103 0.062 111.754 0.071
202203 0.051 121.301 0.054
202303 0.035 127.348 0.035

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.


Adams  (LSE:ADA) 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.


Adams Cyclically Adjusted PB Ratio Related Terms

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


Adams (LSE:ADA) Business Description

Traded in Other Exchanges
N/A
Address
55 Athol Street, Douglas, IMN, IM1 1LA
Adams PLC is an investment holding and management company. It is primarily focused on investments in the technology and life sciences sectors mainly in the United Kingdom or Europe. The company operates through the Investment Return segment. The company intends to target opportunities in undervalued or pre-commercialisation technologies. It may invest by way of purchasing quoted shares in appropriate companies, outright acquisition or by the acquisition of assets, including the intellectual property, of a relevant business, or by entering into partnerships or joint venture arrangements.

Adams (LSE:ADA) Headlines

No Headlines