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Good Times Restaurants (Good Times Restaurants) Cyclically Adjusted Book per Share : $2.81 (As of Mar. 2024)


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What is Good Times Restaurants 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.

Good Times Restaurants's adjusted book value per share for the three months ended in Mar. 2024 was $2.867. 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 $2.81 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Good Times Restaurants's average Cyclically Adjusted Book Growth Rate was 8.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 5.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -4.30% 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 Good Times Restaurants was 10.80% per year. The lowest was -18.60% per year. And the median was -8.20% per year.

As of today (2024-05-26), Good Times Restaurants's current stock price is $2.72. Good Times Restaurants's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $2.81. Good Times Restaurants's Cyclically Adjusted PB Ratio of today is 0.97.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Good Times Restaurants was 2.94. The lowest was 0.23. And the median was 1.19.


Good Times Restaurants Cyclically Adjusted Book per Share Historical Data

The historical data trend for Good Times Restaurants'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.

Good Times Restaurants Cyclically Adjusted Book per Share Chart

Good Times Restaurants Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.06 2.00 2.18 2.49 2.72

Good Times Restaurants 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 2.60 2.67 2.72 2.73 2.81

Competitive Comparison of Good Times Restaurants's Cyclically Adjusted Book per Share

For the Restaurants subindustry, Good Times Restaurants'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.


Good Times Restaurants's Cyclically Adjusted PB Ratio Distribution in the Restaurants Industry

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

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



Good Times Restaurants 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, Good Times Restaurants'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)
=2.867/131.7762*131.7762
=2.867

Current CPI (Mar. 2024) = 131.7762.

Good Times Restaurants Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.487 100.560 1.949
201409 1.580 100.428 2.073
201412 1.688 99.070 2.245
201503 1.644 99.621 2.175
201506 2.984 100.684 3.905
201509 2.989 100.392 3.923
201512 2.912 99.792 3.845
201603 2.871 100.470 3.766
201606 2.928 101.688 3.794
201609 2.937 101.861 3.800
201612 2.898 101.863 3.749
201703 2.857 102.862 3.660
201706 2.853 103.349 3.638
201709 2.782 104.136 3.520
201712 2.735 104.011 3.465
201803 2.709 105.290 3.390
201806 2.740 106.317 3.396
201809 2.723 106.507 3.369
201812 2.639 105.998 3.281
201903 2.438 107.251 2.996
201906 2.490 108.070 3.036
201909 2.185 108.329 2.658
201912 2.114 108.420 2.569
202003 0.933 108.902 1.129
202006 0.961 108.767 1.164
202009 1.085 109.815 1.302
202012 1.153 109.897 1.383
202103 1.257 111.754 1.482
202106 2.335 114.631 2.684
202109 2.377 115.734 2.706
202112 2.407 117.630 2.696
202203 2.229 121.301 2.421
202206 2.266 125.017 2.389
202209 2.158 125.227 2.271
202212 2.139 125.222 2.251
202303 2.806 127.348 2.904
202306 2.877 128.729 2.945
202309 2.845 129.860 2.887
202312 2.807 129.419 2.858
202403 2.867 131.776 2.867

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


Good Times Restaurants  (NAS:GTIM) 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.

Good Times Restaurants's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.72/2.81
=0.97

* 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 Good Times Restaurants was 2.94. The lowest was 0.23. And the median was 1.19.


Be Aware

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


Good Times Restaurants Cyclically Adjusted Book per Share Related Terms

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


Good Times Restaurants (Good Times Restaurants) Business Description

Traded in Other Exchanges
N/A
Address
651 Corporate Circle, No. 200, Golden, CO, USA, 80401
Good Times Restaurants Inc is engaged in developing, owning, operating, and franchising hamburger-oriented drive-through restaurants. It operates through two segments: Good Times Burgers and Frozen Custard restaurants which operate in the quick-service drive-through dining industry; and Bad Daddy's Burger Bar restaurants which operate in the full-service upscale casual dining industry. The company generates maximum revenue from the Bad Daddy's Burger Bar restaurants segment. Its menu categories include burgers; chicken; kids; breakfast; frozen custard; slides and drinks.
Executives
Donald L Stack officer: SVP of Operations 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Ryan M Zink officer: Chief Financial Officer 141 UNION BOULEVARD #400, LAKEWOOD CO 80228
Jennifer C Stetson director 3753 EL SERENO AVENUE, ALTADENTA CA 91001
Matthew Karnes officer: Sr Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Margaret E Regalia officer: Vice President of Finance 651 CORPORATE CIRCLE, SUITE 200, GOLDEN CO 80401
Scott Lefever officer: VICE PRESIDENT 601 CORPORATE CIRCLE, GOLDEN CO 80401
Charles E Jobson 10 percent owner
Robert J Stetson director 14901 QUORUM DRIVE, DALLAS TX 75254
Susan M Knutson officer: Controller 601 CORPORATE CIRCLE, GOLDEN CO 80401
Jason Maceda director C/O DUNKIN' BRANDS, INC., 130 ROYALL STREET, CANTON MA 02021
Geoffrey R Bailey director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Boyd E Hoback officer: President and CEO 601 CORPORATE CIRCLE, GOLDEN CO 80401
Alan A Teran director 2126 KNOLLWOOD DR, BOULDER CO 80302
Eric W Reinhard director 601 CORPORATE CIRCLE, GOLDEN CO 80401
Delta Partners Llc 10 percent owner 265 FRANKLIN STREET, SUITE 903, BOSTON MA 02110