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Upbound Group (FRA:RAC) Cyclically Adjusted Book per Share : €12.32 (As of Mar. 2024)


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What is Upbound Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Upbound Group's adjusted book value per share for the three months ended in Mar. 2024 was €9.740. 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 €12.32 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Upbound Group's average Cyclically Adjusted Book Growth Rate was -11.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -6.90% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -6.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -3.50% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Upbound Group was 19.00% per year. The lowest was -6.90% per year. And the median was 7.90% per year.

As of today (2024-06-02), Upbound Group's current stock price is €28.80. Upbound Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.32. Upbound Group's Cyclically Adjusted PB Ratio of today is 2.34.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Upbound Group was 3.81. The lowest was 0.36. And the median was 1.41.


Upbound Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for Upbound Group's Cyclically Adjusted Book per Share 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.

Upbound Group Cyclically Adjusted Book per Share Chart

Upbound Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.15 13.75 15.04 14.43 12.68

Upbound Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 13.30 13.65 13.82 12.68 12.32

Competitive Comparison of Upbound Group's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Upbound Group'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.


Upbound Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Upbound Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Upbound Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Upbound Group'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)
=9.74/131.7762*131.7762
=9.740

Current CPI (Mar. 2024) = 131.7762.

Upbound Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.090 100.560 25.016
201409 20.320 100.428 26.663
201412 21.267 99.070 28.288
201503 24.490 99.621 32.395
201506 23.826 100.684 31.184
201509 23.545 100.392 30.906
201512 6.635 99.792 8.762
201603 8.385 100.470 10.998
201606 8.420 101.688 10.911
201609 8.484 101.861 10.976
201612 4.725 101.863 6.113
201703 4.542 102.862 5.819
201706 4.154 103.349 5.297
201709 3.734 104.136 4.725
201712 4.318 104.011 5.471
201803 3.871 105.290 4.845
201806 4.293 106.317 5.321
201809 4.544 106.507 5.622
201812 4.704 105.998 5.848
201903 4.819 107.251 5.921
201906 6.400 108.070 7.804
201909 7.162 108.329 8.712
201912 7.546 108.420 9.172
202003 8.010 108.902 9.692
202006 8.028 108.767 9.726
202009 8.506 109.815 10.207
202012 8.965 109.897 10.750
202103 9.403 111.754 11.088
202106 10.306 114.631 11.847
202109 10.975 115.734 12.496
202112 6.865 117.630 7.691
202203 8.042 121.301 8.736
202206 8.932 125.017 9.415
202209 9.548 125.227 10.047
202212 8.904 125.222 9.370
202303 11.194 127.348 11.583
202306 10.320 128.729 10.564
202309 10.159 129.860 10.309
202312 9.454 129.419 9.626
202403 9.740 131.776 9.740

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Upbound Group  (FRA:RAC) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Upbound Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=28.80/12.32
=2.34

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Upbound Group was 3.81. The lowest was 0.36. And the median was 1.41.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Upbound Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Upbound Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Upbound Group (FRA:RAC) Business Description

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5501 Headquarters Drive, Plano, TX, USA, 75024
Upbound Group Inc is an omnichannel platform company committed to elevating financial opportunity for all through inclusive, and technology-driven financial solutions that address the evolving needs and aspirations of consumers. It has four operating segments; The Rent-A-Center Business segment operates lease-to-own stores, the Acima segment, offers the lease-to-own transaction to consumers who do not qualify for financing from the traditional retailer, and also offers the lease-to-own transaction through virtual offering solutions across e-commerce, digital, and mobile channels, Mexico segment offers lease-to-own stores in Mexico. The franchising segment offers the sale of rental merchandise to its franchisees. The company derives a majority of its revenue from the Acima segment.

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