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Peoples Leasing & Finance (COL:PLC.N0000) Cyclically Adjusted PB Ratio : 0.70 (As of Jun. 04, 2024)


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What is Peoples Leasing & Finance Cyclically Adjusted PB Ratio?

As of today (2024-06-04), Peoples Leasing & Finance's current share price is රු11.90. Peoples Leasing & Finance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was රු17.12. Peoples Leasing & Finance's Cyclically Adjusted PB Ratio for today is 0.70.

The historical rank and industry rank for Peoples Leasing & Finance's Cyclically Adjusted PB Ratio or its related term are showing as below:

COL:PLC.N0000' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.3   Med: 0.49   Max: 0.74
Current: 0.7

During the past years, Peoples Leasing & Finance's highest Cyclically Adjusted PB Ratio was 0.74. The lowest was 0.30. And the median was 0.49.

COL:PLC.N0000's Cyclically Adjusted PB Ratio is ranked better than
63.94% of 330 companies
in the Credit Services industry
Industry Median: 0.97 vs COL:PLC.N0000: 0.70

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.

Peoples Leasing & Finance's adjusted book value per share data for the three months ended in Dec. 2023 was රු21.159. 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 රු17.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Peoples Leasing & Finance Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Peoples Leasing & Finance'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.

Peoples Leasing & Finance Cyclically Adjusted PB Ratio Chart

Peoples Leasing & Finance Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.48 0.46

Peoples Leasing & Finance 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 0.30 0.46 0.46 0.62 0.59

Competitive Comparison of Peoples Leasing & Finance's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Peoples Leasing & Finance'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.


Peoples Leasing & Finance's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Peoples Leasing & Finance's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Peoples Leasing & Finance's Cyclically Adjusted PB Ratio falls into.



Peoples Leasing & Finance 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.

Peoples Leasing & Finance's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.90/17.12
=0.70

* 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.

Peoples Leasing & Finance's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Peoples Leasing & Finance'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)
=21.159/129.4194*129.4194
=21.159

Current CPI (Dec. 2023) = 129.4194.

Peoples Leasing & Finance Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.176 99.695 11.912
201406 9.155 100.560 11.782
201409 9.724 100.428 12.531
201412 9.685 99.070 12.652
201503 10.236 99.621 13.298
201506 10.425 100.684 13.400
201509 10.999 100.392 14.179
201512 10.966 99.792 14.222
201603 10.986 100.470 14.151
201606 11.101 101.688 14.128
201609 11.618 101.861 14.761
201612 11.525 101.863 14.643
201703 11.994 102.862 15.091
201706 12.003 103.349 15.031
201709 12.431 104.136 15.449
201712 12.383 104.011 15.408
201803 13.317 105.290 16.369
201806 13.416 106.317 16.331
201809 14.073 106.507 17.101
201812 14.173 105.998 17.305
201903 14.256 107.251 17.203
201906 14.558 108.070 17.434
201909 15.194 108.329 18.152
201912 15.233 108.420 18.183
202003 15.296 108.902 18.178
202006 15.569 108.767 18.525
202009 16.082 109.815 18.953
202012 16.292 109.897 19.186
202103 17.852 111.754 20.674
202106 17.867 114.631 20.172
202109 18.356 115.734 20.527
202112 19.043 117.630 20.952
202203 20.341 121.301 21.702
202206 19.851 125.017 20.550
202209 19.622 125.227 20.279
202212 19.959 125.222 20.628
202303 20.664 127.348 21.000
202306 20.854 128.729 20.966
202309 20.748 129.860 20.678
202312 21.159 129.419 21.159

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.


Peoples Leasing & Finance  (COL:PLC.N0000) 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.


Peoples Leasing & Finance Cyclically Adjusted PB Ratio Related Terms

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


Peoples Leasing & Finance (COL:PLC.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 1161, Maradana Road, Borella, Colombo, LKA, 00800
Peoples Leasing & Finance PLC provides financial service. The company's operating segment include Lease and hire purchase; Loans; Islamic; Insurance business and Other business. It generates maximum revenue from the Lease and hire purchase segment. The company product portfolio mainly comprises finance leases, loans, deposits (fixed and saving deposits), Islamic products and factoring, as well as margin trading facilities and others.

Peoples Leasing & Finance (COL:PLC.N0000) Headlines

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