GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » LendingTree Inc (LTS:0JTZ) » Definitions » Cyclically Adjusted PB Ratio

LendingTree (LTS:0JTZ) Cyclically Adjusted PB Ratio : 1.65 (As of Jun. 10, 2024)


View and export this data going back to 2018. Start your Free Trial

What is LendingTree Cyclically Adjusted PB Ratio?

As of today (2024-06-10), LendingTree's current share price is $42.48. LendingTree's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $25.72. LendingTree's Cyclically Adjusted PB Ratio for today is 1.65.

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

LTS:0JTZ' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.41   Med: 10.1   Max: 30.99
Current: 1.65

During the past years, LendingTree's highest Cyclically Adjusted PB Ratio was 30.99. The lowest was 0.41. And the median was 10.10.

LTS:0JTZ's Cyclically Adjusted PB Ratio is ranked worse than
71.58% of 95 companies
in the Diversified Financial Services industry
Industry Median: 0.97 vs LTS:0JTZ: 1.65

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.

LendingTree's adjusted book value per share data for the three months ended in Mar. 2024 was $9.947. 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 $25.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


LendingTree Cyclically Adjusted PB Ratio Historical Data

The historical data trend for LendingTree'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.

LendingTree Cyclically Adjusted PB Ratio Chart

LendingTree 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 19.38 15.51 5.68 0.88 1.19

LendingTree 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 1.07 0.87 0.61 1.19 1.64

Competitive Comparison of LendingTree's Cyclically Adjusted PB Ratio

For the Financial Conglomerates subindustry, LendingTree'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.


LendingTree's Cyclically Adjusted PB Ratio Distribution in the Diversified Financial Services Industry

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

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



LendingTree 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=42.48/25.72
=1.65

* 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.

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

For example, LendingTree'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)
=9.947/131.7762*131.7762
=9.947

Current CPI (Mar. 2024) = 131.7762.

LendingTree Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.926 100.560 9.076
201409 7.004 100.428 9.190
201412 8.463 99.070 11.257
201503 8.925 99.621 11.806
201506 9.145 100.684 11.969
201509 9.774 100.392 12.830
201512 19.459 99.792 25.696
201603 17.555 100.470 23.025
201606 18.060 101.688 23.404
201609 18.899 101.861 24.449
201612 19.627 101.863 25.391
201703 20.281 102.862 25.982
201706 24.610 103.349 31.379
201709 25.248 104.136 31.950
201712 24.566 104.011 31.124
201803 26.513 105.290 33.183
201806 27.219 106.317 33.737
201809 29.035 106.507 35.924
201812 27.027 105.998 33.600
201903 27.346 107.251 33.599
201906 28.832 108.070 35.157
201909 29.948 108.329 36.430
201912 30.864 108.420 37.513
202003 32.425 108.902 39.236
202006 31.016 108.767 37.577
202009 27.520 109.815 33.024
202012 27.792 109.897 33.325
202103 30.058 111.754 35.443
202106 31.572 114.631 36.294
202109 32.344 115.734 36.827
202112 34.211 117.630 38.325
202203 26.703 121.301 29.009
202206 27.413 125.017 28.895
202209 16.152 125.227 16.997
202212 16.230 125.222 17.080
202303 17.892 127.348 18.514
202306 18.639 128.729 19.080
202309 7.893 129.860 8.009
202312 9.518 129.419 9.691
202403 9.947 131.776 9.947

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.


LendingTree  (LTS:0JTZ) 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.


LendingTree Cyclically Adjusted PB Ratio Related Terms

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


LendingTree (LTS:0JTZ) Business Description

Traded in Other Exchanges
Address
1415 Vantage Park Drive, Suite 700, Charlotte, NC, USA, 28203
LendingTree Inc is a United States-based company that is principally engaged in operating an online loan marketplace. The company provides online tools and resources that can help consumers find loans or other credit-based offerings they need, including mortgage loans, reverse mortgage, home equity, personal loans, auto loans, credit cards, student loans, small business loans, and other related offerings. The company offers consumers direct access to a broad range of lenders. The company generates match fees by matching consumers with lenders, and closing fees from lenders on loans when a transaction is closed. The company operates business solely in the United States.

LendingTree (LTS:0JTZ) Headlines

No Headlines