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Pizza Pizza Royalty (Pizza Pizza Royalty) Cyclically Adjusted PB Ratio : (As of May. 31, 2024)


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What is Pizza Pizza Royalty Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Pizza Pizza Royalty Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pizza Pizza Royalty'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.

Pizza Pizza Royalty Cyclically Adjusted PB Ratio Chart

Pizza Pizza Royalty 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 0.82 0.78 0.97 1.04 1.13

Pizza Pizza Royalty Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 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 1.04 1.12 1.05 1.13 -

Competitive Comparison of Pizza Pizza Royalty's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Pizza Pizza Royalty'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.


Pizza Pizza Royalty's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

For the Restaurants industry and Consumer Cyclical sector, Pizza Pizza Royalty's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Pizza Pizza Royalty 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.

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

For example, Pizza Pizza Royalty'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)
=6.755/126.2576*126.2576
=6.755

Current CPI (Mar. 2024) = 126.2576.

Pizza Pizza Royalty Quarterly Data

Book Value per Share CPI Adj_Book
201312 11.623 96.945 15.137
201403 11.326 98.604 14.502
201406 11.597 99.473 14.720
201409 11.393 99.394 14.472
201412 10.889 98.367 13.976
201503 8.817 99.789 11.156
201506 8.991 100.500 11.295
201509 8.369 100.421 10.522
201512 8.100 99.947 10.232
201603 8.460 101.054 10.570
201606 8.665 102.002 10.726
201609 8.521 101.765 10.572
201612 8.386 101.449 10.437
201703 8.491 102.634 10.445
201706 8.544 103.029 10.470
201709 9.254 103.345 11.306
201712 8.900 103.345 10.873
201803 9.005 105.004 10.828
201806 8.850 105.557 10.586
201809 8.904 105.636 10.642
201812 8.625 105.399 10.332
201903 8.752 106.979 10.329
201906 8.786 107.690 10.301
201909 8.813 107.611 10.340
201912 8.867 107.769 10.388
202003 8.327 107.927 9.741
202006 8.593 108.401 10.008
202009 6.760 108.164 7.891
202012 6.997 108.559 8.138
202103 7.140 110.298 8.173
202112 7.047 113.774 7.820
202203 7.139 117.646 7.662
202206 0.000 120.806 0.000
202209 0.000 120.648 0.000
202212 6.690 120.964 6.983
202303 6.644 122.702 6.837
202306 6.855 124.203 6.968
202309 6.733 125.230 6.788
202312 6.775 125.072 6.839
202403 6.755 126.258 6.755

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.


Pizza Pizza Royalty  (OTCPK:PZRIF) 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.


Pizza Pizza Royalty Cyclically Adjusted PB Ratio Related Terms

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Pizza Pizza Royalty (Pizza Pizza Royalty) Business Description

Traded in Other Exchanges
Address
500 Kipling Avenue, Toronto, ON, CAN, M8Z 5E5
Pizza Pizza Royalty Corp., through its subsidiary, Pizza Pizza Royalty Limited Partnership, owns and franchises quick-service restaurants under the Pizza Pizza and Pizza 73 brands. It offers a flavorful, varied, and high-quality menu to pizza-lovers of all ages and tastes and it is composed of more than 600 traditional and non-traditional restaurants coast to coast, employing over 3,000 Canadians. The business activity of the group primarily functions in Canada.

Pizza Pizza Royalty (Pizza Pizza Royalty) Headlines

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