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AMMO (STU:92P) Cyclically Adjusted PB Ratio : 2.64 (As of Jun. 11, 2024)


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What is AMMO Cyclically Adjusted PB Ratio?

As of today (2024-06-11), AMMO's current share price is €2.22. AMMO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €0.84. AMMO's Cyclically Adjusted PB Ratio for today is 2.64.

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

STU:92P' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 3.92   Max: 178
Current: 2.61

During the past years, AMMO's highest Cyclically Adjusted PB Ratio was 178.00. The lowest was 2.25. And the median was 3.92.

STU:92P's Cyclically Adjusted PB Ratio is ranked worse than
55.61% of 205 companies
in the Aerospace & Defense industry
Industry Median: 2.35 vs STU:92P: 2.61

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.

AMMO's adjusted book value per share data for the three months ended in Dec. 2023 was €2.793. 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 €0.84 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


AMMO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for AMMO'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.

AMMO Cyclically Adjusted PB Ratio Chart

AMMO Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 20.43 3.13

AMMO Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.29 3.13 2.92 2.44 2.29

Competitive Comparison of AMMO's Cyclically Adjusted PB Ratio

For the Aerospace & Defense subindustry, AMMO'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.


AMMO's Cyclically Adjusted PB Ratio Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, AMMO's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



AMMO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.22/0.84
=2.64

* 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.

AMMO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, AMMO's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.793/129.4194*129.4194
=2.793

Current CPI (Dec. 2023) = 129.4194.

AMMO Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.362 99.695 -0.470
201406 -0.374 100.560 -0.481
201409 -0.397 100.428 -0.512
201412 -0.421 99.070 -0.550
201503 -0.489 99.621 -0.635
201506 -0.478 100.684 -0.614
201509 -0.485 100.392 -0.625
201512 -0.508 99.792 -0.659
201603 -0.501 100.470 -0.645
201606 -0.503 101.688 -0.640
201609 -0.511 101.861 -0.649
201612 -1.028 101.863 -1.306
201703 0.044 102.862 0.055
201706 0.088 103.349 0.110
201709 0.042 104.136 0.052
201712 0.094 104.011 0.117
201803 0.276 105.290 0.339
201806 0.360 106.317 0.438
201809 0.375 106.507 0.456
201812 0.476 105.998 0.581
201903 0.594 107.251 0.717
201906 0.554 108.070 0.663
201909 0.513 108.329 0.613
201912 0.458 108.420 0.547
202003 0.377 108.902 0.448
202006 0.344 108.767 0.409
202009 0.307 109.815 0.362
202012 0.554 109.897 0.652
202103 1.447 111.754 1.676
202106 2.462 114.631 2.780
202109 2.621 115.734 2.931
202112 2.845 117.630 3.130
202203 2.918 121.301 3.113
202206 3.058 125.017 3.166
202209 3.253 125.227 3.362
202212 3.003 125.222 3.104
202303 2.942 127.348 2.990
202306 2.897 128.729 2.913
202309 2.871 129.860 2.861
202312 2.793 129.419 2.793

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.


AMMO  (STU:92P) 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.


AMMO Cyclically Adjusted PB Ratio Related Terms

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


AMMO (STU:92P) Business Description

Industry
Traded in Other Exchanges
Address
7681 E. Gray Road, Scottsdale, AZ, USA, 85260
AMMO Inc is the owner of GunBroker.com, the online marketplace serving the firearms and shooting sports industries, and a vertically integrated producer of high-performance ammunition and components. It engages in the design, manufacture, and market of ammunition products in the Shooting sports industry in the United States. The firm's product segment comprises Ammunition and Marketplace. The Ammunition segment engages in the design, production, and marketing of ammunition and ammunition component products and the marketplace segment consists of the GunBroker.com marketplace. The company generates the majority of its revenue from the Ammunition segment.

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