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Consumer Portfolio Services (Consumer Portfolio Services) Cyclically Adjusted PB Ratio : 0.85 (As of Jun. 06, 2024)


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What is Consumer Portfolio Services Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Consumer Portfolio Services's current share price is $8.17. Consumer Portfolio Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $9.57. Consumer Portfolio Services's Cyclically Adjusted PB Ratio for today is 0.85.

The historical rank and industry rank for Consumer Portfolio Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

CPSS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.22   Med: 1.06   Max: 2.8
Current: 0.85

During the past years, Consumer Portfolio Services's highest Cyclically Adjusted PB Ratio was 2.80. The lowest was 0.22. And the median was 1.06.

CPSS's Cyclically Adjusted PB Ratio is ranked better than
53.56% of 351 companies
in the Credit Services industry
Industry Median: 0.93 vs CPSS: 0.85

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.

Consumer Portfolio Services's adjusted book value per share data for the three months ended in Mar. 2024 was $13.198. 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 $9.57 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Consumer Portfolio Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Consumer Portfolio Services'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.

Consumer Portfolio Services Cyclically Adjusted PB Ratio Chart

Consumer Portfolio Services 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 0.66 0.76 1.75 1.08 1.02

Consumer Portfolio Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.26 1.33 1.00 1.02 0.79

Competitive Comparison of Consumer Portfolio Services's Cyclically Adjusted PB Ratio

For the Credit Services subindustry, Consumer Portfolio Services'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.


Consumer Portfolio Services's Cyclically Adjusted PB Ratio Distribution in the Credit Services Industry

For the Credit Services industry and Financial Services sector, Consumer Portfolio Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where Consumer Portfolio Services's Cyclically Adjusted PB Ratio falls into.



Consumer Portfolio Services 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.

Consumer Portfolio Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.17/9.57
=0.85

* 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.

Consumer Portfolio Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Consumer Portfolio Services'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)
=13.198/131.7762*131.7762
=13.198

Current CPI (Mar. 2024) = 131.7762.

Consumer Portfolio Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.441 100.560 5.820
201409 4.795 100.428 6.292
201412 4.982 99.070 6.627
201503 5.321 99.621 7.038
201506 5.581 100.684 7.304
201509 5.965 100.392 7.830
201512 6.291 99.792 8.307
201603 6.687 100.470 8.771
201606 7.139 101.688 9.251
201609 7.539 101.861 9.753
201612 7.895 101.863 10.213
201703 8.147 102.862 10.437
201706 8.445 103.349 10.768
201709 8.903 104.136 11.266
201712 8.560 104.011 10.845
201803 8.736 105.290 10.934
201806 9.046 106.317 11.212
201809 8.488 106.507 10.502
201812 8.791 105.998 10.929
201903 8.951 107.251 10.998
201906 8.909 108.070 10.863
201909 9.007 108.329 10.956
201912 8.994 108.420 10.932
202003 5.386 108.902 6.517
202006 5.506 108.767 6.671
202009 5.715 109.815 6.858
202012 5.865 109.897 7.033
202103 6.112 111.754 7.207
202106 6.442 114.631 7.405
202109 7.000 115.734 7.970
202112 8.050 117.630 9.018
202203 8.635 121.301 9.381
202206 9.350 125.017 9.856
202209 10.588 125.227 11.142
202212 11.345 125.222 11.939
202303 11.846 127.348 12.258
202306 12.065 128.729 12.351
202309 12.594 129.860 12.780
202312 12.971 129.419 13.207
202403 13.198 131.776 13.198

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.


Consumer Portfolio Services  (NAS:CPSS) 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.


Consumer Portfolio Services Cyclically Adjusted PB Ratio Related Terms

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


Consumer Portfolio Services (Consumer Portfolio Services) Business Description

Traded in Other Exchanges
Address
3800 Howard Hughes Parkway, Las Vegas, NV, USA, 89169
Consumer Portfolio Services Inc is a U.S based company operating in the specialty finance sector. Its business is to purchase and service retail automobile contracts originated primarily by franchised automobile dealers and, to a lesser extent, by select independent dealers in the U.S. in the sale of new and used automobiles, light trucks and passenger vans. Through its automobile contract purchases, the company provides indirect financing to the customers of dealers having limited credit histories, low incomes or past credit problems, who it refers to as sub-prime customers. It serves as an alternative source of financing for dealers, facilitating sales to customers.
Executives
Daniel S Wood director
Charles E. Gonel officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 86169
Susan Ryan officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169
Michele L Baumeister officer: Sr. Vice President 19500 JAMBOREE RD, SUITE 600, IRVINE CA 92612
April Crisp officer: Sr. Vice President 19500 JAMBOREE RD, STE 600, IRVINE CA 92610
Lisette Reynoso officer: Sr. Vice President 19500 JAMBOREE RD., IRVINE CA 92612
Steven Howard Schween officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS CA 89169
Catrina Marie Ralston officer: Sr. Vice President 3800 HOWARD HUGHES PARKWAY, SUITE 1400, LAS VEGAS NV 89169
Greg Washer director 3187 PULLMAN STREET, COSTA MESA CA 92618
Jeffrey P Fritz officer: SVP & CFO 16355 LAGUNA CANYON ROAD, IRVINE CA 92618
James E Walker director 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Chris Terry officer: Sr. Vice President
John Patrick Harton officer: Sr. Vice President 19500 JAMBOREE ROAD, IRVINE CA 92612
Black Diamond Capital Management, L.l.c. 10 percent owner 2187 ATLANTIC STREET, 9TH FLOOR, STAMFORD CT 06902
Teri Clements officer: Sr. Vice President 19500 JAMBOREE RD, IRVINE CA 92612

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