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Arvida Group (NS) (NZSE:ARV) Cyclically Adjusted PB Ratio : 0.58 (As of Jun. 09, 2024)


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What is Arvida Group (NS) Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Arvida Group (NS)'s current share price is NZ$0.94. Arvida Group (NS)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was NZ$1.61. Arvida Group (NS)'s Cyclically Adjusted PB Ratio for today is 0.58.

The historical rank and industry rank for Arvida Group (NS)'s Cyclically Adjusted PB Ratio or its related term are showing as below:

NZSE:ARV' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.63   Max: 0.73
Current: 0.58

During the past 10 years, Arvida Group (NS)'s highest Cyclically Adjusted PB Ratio was 0.73. The lowest was 0.58. And the median was 0.63.

NZSE:ARV's Cyclically Adjusted PB Ratio is ranked better than
83.28% of 329 companies
in the Healthcare Providers & Services industry
Industry Median: 1.96 vs NZSE:ARV: 0.58

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.

Arvida Group (NS)'s adjusted book value per share data of for the fiscal year that ended in Mar24 was NZ$2.071. 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 NZ$1.61 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Arvida Group (NS) Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Arvida Group (NS)'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.

Arvida Group (NS) Cyclically Adjusted PB Ratio Chart

Arvida Group (NS) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.69

Arvida Group (NS) Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 - - - - 0.69

Competitive Comparison of Arvida Group (NS)'s Cyclically Adjusted PB Ratio

For the Medical Care Facilities subindustry, Arvida Group (NS)'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.


Arvida Group (NS)'s Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Arvida Group (NS)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Arvida Group (NS)'s Cyclically Adjusted PB Ratio falls into.



Arvida Group (NS) 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.

Arvida Group (NS)'s Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.94/1.61
=0.58

* 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.

Arvida Group (NS)'s Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Arvida Group (NS)'s adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=2.071/129.5261*129.5261
=2.071

Current CPI (Mar24) = 129.5261.

Arvida Group (NS) Annual Data

Book Value per Share CPI Adj_Book
201503 0.867 99.646 1.127
201603 0.901 100.063 1.166
201703 1.055 102.231 1.337
201803 1.183 103.355 1.483
201903 1.274 104.889 1.573
202003 1.314 107.547 1.583
202103 1.501 109.182 1.781
202203 1.868 116.747 2.072
202303 1.927 124.517 2.005
202403 2.071 129.526 2.071

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.


Arvida Group (NS)  (NZSE:ARV) 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.


Arvida Group (NS) Cyclically Adjusted PB Ratio Related Terms

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


Arvida Group (NS) (NZSE:ARV) Business Description

Traded in Other Exchanges
N/A
Address
29 Customs Street West, Aon Centre, Level 15, Auckland, NTL, NZL, 1010
Arvida Group Ltd (NS) is engaged in operating aged care facilities and retirement villages. Aged care facilities include rest homes, hospitals, and secure dementia care. Retirement living consists of the independent living facility which provides residents to continue living independently and to enjoy a retirement village lifestyle and facilities knowing that care is available if and when they should need it, and assisted living which is focused on providing residents with the support and care they require. The group provides services primarily in New Zealand.

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