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Brinker International (STU:BKJ) Cyclically Adjusted PB Ratio : (As of May. 28, 2024)


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What is Brinker International Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Brinker International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Brinker International'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.

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Brinker International Cyclically Adjusted PB Ratio Chart

Brinker International Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
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Brinker International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Brinker International's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Brinker International'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.


Brinker International's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Brinker International 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.

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

For example, Brinker International'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)
=-0.965/131.7762*131.7762
=-0.965

Current CPI (Mar. 2024) = 131.7762.

Brinker International Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.719 100.560 0.942
201409 0.461 100.428 0.605
201412 0.063 99.070 0.084
201503 -0.479 99.621 -0.634
201506 -1.154 100.684 -1.510
201509 -1.602 100.392 -2.103
201512 -2.599 99.792 -3.432
201603 -3.924 100.470 -5.147
201606 -3.623 101.688 -4.695
201609 -9.793 101.861 -12.669
201612 -10.126 101.863 -13.100
201703 -9.533 102.862 -12.213
201706 -9.070 103.349 -11.565
201709 -9.575 104.136 -12.116
201712 -10.081 104.011 -12.772
201803 -11.257 105.290 -14.089
201806 -15.071 106.317 -18.680
201809 -18.012 106.507 -22.285
201812 -20.099 105.998 -24.987
201903 -19.215 107.251 -23.609
201906 -18.366 108.070 -22.395
201909 -14.205 108.329 -17.280
201912 -13.690 108.420 -16.639
202003 -14.095 108.902 -17.056
202006 -9.454 108.767 -11.454
202009 -8.717 109.815 -10.460
202012 -8.041 109.897 -9.642
202103 -7.180 111.754 -8.466
202106 -5.485 114.631 -6.305
202109 -6.094 115.734 -6.939
202112 -6.497 117.630 -7.278
202203 -6.451 121.301 -7.008
202206 -5.790 125.017 -6.103
202209 -6.808 125.227 -7.164
202212 -5.739 125.222 -6.039
202303 -4.454 127.348 -4.609
202306 -2.986 128.729 -3.057
202309 -3.313 129.860 -3.362
202312 -2.272 129.419 -2.313
202403 -0.965 131.776 -0.965

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.


Brinker International  (STU:BKJ) 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.


Brinker International Cyclically Adjusted PB Ratio Related Terms

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Brinker International (STU:BKJ) Business Description

Traded in Other Exchanges
Address
3000 Olympus Boulevard, Dallas, TX, USA, 75019
Brinker International Inc operates casual dining restaurants under the brand's Chili Grill and Bar (Chili's) and Maggiano's Little Italy (Maggiano's). Chili's falls in the Bar and Grill category of casual dining. Its menu features Fresh Mex and Fresh Tex favorites including signature items such as slow-smoked baby back ribs, craft burgers, fajitas, and bottomless chips and salsa paired with tableside guacamole. Maggiano's is an Italian restaurant brand with a full lunch and dinner menu offering chef-prepared, such as appetizers, chicken, seafood, veal and prime steaks, and desserts. The company generates maximum revenue from Chili's segment.