GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Jackpot Digital Inc (STU:LVH3) » Definitions » Cyclically Adjusted PB Ratio

Jackpot Digital (STU:LVH3) Cyclically Adjusted PB Ratio : (As of Jun. 10, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Jackpot Digital Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Jackpot Digital Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jackpot Digital'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.

Jackpot Digital Cyclically Adjusted PB Ratio Chart

Jackpot Digital 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 2.52 - - - -

Jackpot Digital 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 - - - - -

Competitive Comparison of Jackpot Digital's Cyclically Adjusted PB Ratio

For the Gambling subindustry, Jackpot Digital'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.


Jackpot Digital's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jackpot Digital's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jackpot Digital 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.

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

For example, Jackpot Digital'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)
=-0.053/125.0724*125.0724
=-0.053

Current CPI (Dec. 2023) = 125.0724.

Jackpot Digital Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.282 98.604 0.358
201406 0.146 99.473 0.184
201409 0.094 99.394 0.118
201412 -0.034 98.367 -0.043
201503 -0.029 99.789 -0.036
201506 0.006 100.500 0.007
201509 0.121 100.421 0.151
201512 -0.243 99.947 -0.304
201603 -0.264 101.054 -0.327
201606 -0.409 102.002 -0.502
201609 -0.585 101.765 -0.719
201612 -1.428 101.449 -1.761
201703 -0.803 102.634 -0.979
201706 -0.882 103.029 -1.071
201709 -0.743 103.345 -0.899
201712 -0.971 103.345 -1.175
201803 -0.962 105.004 -1.146
201806 -0.766 105.557 -0.908
201809 -0.844 105.636 -0.999
201812 -0.562 105.399 -0.667
201903 -0.499 106.979 -0.583
201906 -0.520 107.690 -0.604
201909 -0.203 107.611 -0.236
201912 -0.216 107.769 -0.251
202003 -0.264 107.927 -0.306
202006 -0.299 108.401 -0.345
202009 -0.317 108.164 -0.367
202012 -0.097 108.559 -0.112
202103 -0.055 110.298 -0.062
202106 -0.039 111.720 -0.044
202109 -0.032 112.905 -0.035
202112 -0.052 113.774 -0.057
202203 -0.040 117.646 -0.043
202206 -0.048 120.806 -0.050
202209 -0.052 120.648 -0.054
202212 -0.043 120.964 -0.044
202303 -0.043 122.702 -0.044
202306 -0.047 124.203 -0.047
202309 -0.049 125.230 -0.049
202312 -0.053 125.072 -0.053

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.


Jackpot Digital  (STU:LVH3) 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.


Jackpot Digital Cyclically Adjusted PB Ratio Related Terms

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


Jackpot Digital (STU:LVH3) Business Description

Traded in Other Exchanges
Address
570 Granville Street, Suite 303, Vancouver, BC, CAN, V6C 3P1
Jackpot Digital Inc is engaged in developing, marketing, and leasing of electronic table games to casino operators. The reportable segments of the company are the leasing of electronic gaming tables and the sale of electronic gaming tables.

Jackpot Digital (STU:LVH3) Headlines

No Headlines