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Nathan's Famous (Nathan's Famous) Cyclically Adjusted PB Ratio : (As of Apr. 27, 2024)


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What is Nathan's Famous Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nathan's Famous Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nathan's Famous'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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Nathan's Famous Cyclically Adjusted PB Ratio Chart

Nathan's Famous Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
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Nathan's Famous Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Nathan's Famous's Cyclically Adjusted PB Ratio

For the Restaurants subindustry, Nathan's Famous'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.


Nathan's Famous's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Nathan's Famous 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.

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

For example, Nathan's Famous'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)
=-8.564/129.4194*129.4194
=-8.564

Current CPI (Dec. 2023) = 129.4194.

Nathan's Famous Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.794 99.695 12.714
201406 10.444 100.560 13.441
201409 11.264 100.428 14.516
201412 11.820 99.070 15.441
201503 -13.011 99.621 -16.903
201506 -13.999 100.684 -17.994
201509 -13.900 100.392 -17.919
201512 -14.987 99.792 -19.436
201603 -17.316 100.470 -22.305
201606 -16.909 101.688 -21.520
201609 -16.267 101.861 -20.668
201612 -16.119 101.863 -20.480
201703 -15.920 102.862 -20.030
201706 -15.225 103.349 -19.066
201709 -14.436 104.136 -17.941
201712 -20.321 104.011 -25.285
201803 -20.210 105.290 -24.842
201806 -19.801 106.317 -24.104
201809 -18.924 106.507 -22.995
201812 -17.145 105.998 -20.933
201903 -16.723 107.251 -20.180
201906 -15.413 108.070 -18.458
201909 -14.892 108.329 -17.791
201912 -15.230 108.420 -18.180
202003 -16.034 108.902 -19.055
202006 -15.873 108.767 -18.887
202009 -15.328 109.815 -18.064
202012 -15.341 109.897 -18.066
202103 -15.183 111.754 -17.583
202106 -14.126 114.631 -15.948
202109 -13.608 115.734 -15.217
202112 -13.438 117.630 -14.785
202203 -13.362 121.301 -14.256
202206 -12.397 125.017 -12.834
202209 -11.632 125.227 -12.021
202212 -11.267 125.222 -11.645
202303 -10.923 127.348 -11.101
202306 -9.614 128.729 -9.666
202309 -8.670 129.860 -8.641
202312 -8.564 129.419 -8.564

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.


Nathan's Famous  (NAS:NATH) 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.


Nathan's Famous Cyclically Adjusted PB Ratio Related Terms

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Nathan's Famous (Nathan's Famous) Business Description

Traded in Other Exchanges
Address
One Jericho Plaza, Second Floor - Wing A, Jericho, NY, USA, 11753
Nathan's Famous Inc is an owner of fast food franchises in the United States. The company's reportable segment includes the Branded Product Program, Product licensing, Restaurant operations and Corporate. Branded Product Program derives revenue principally from the sale of hot dog products either directly to foodservice operators or to various foodservice distributors who resell the products to foodservice operators. It generates maximum revenue from the Branded Product Program segment. Geographically, it derives a majority of revenue from the United States.
Executives
Brian S Genson director
Joanne Podell director ONE JERICHO PLAZA, JERICHO NY 11753
Robert E Steinberg officer: VP Finance, CFO, Treasurer NATHAN'S FAMOUS INC., ONE JERICHO PLAZA, JERICHO NY 11753
Andrew M Levine director C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Ronald G Devos officer: VP-Fin, CFO and Secy
James Robert Walker officer: SVP, Restaurants C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Robert J Eide director 70 EAST SUNRISE HIGHWAY STE 415, VALLEY STREAM NY 11581
Randy Watts officer: VP - Franchise Operations 1400 OLD COUNTRY ROAD, SUITE 400, WESTBURY NY 11590
Leigh Platte officer: Vice President, Food Service C/O NATHAN'S FAMOUS, INC., ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Scott F. Harvey officer: Executive Vice President ONE JERICHO PLAZA, SECOND FLOOR - WING A, JERICHO NY 11753
Donald P Schedler officer: Vice President
Barry Leistner director
Wayne Norbitz director, officer: President
Donald L Perlyn director, officer: Executive Vice President
Howard M Lorber director, 10 percent owner, officer: Executive Chairman 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137

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