GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GlassBridge Enterprises Inc (OTCPK:GLAE) » Definitions » Cyclically Adjusted PB Ratio

GlassBridge Enterprises (GlassBridge Enterprises) Cyclically Adjusted PB Ratio : 0.01 (As of Jun. 06, 2024)


View and export this data going back to 1996. Start your Free Trial

What is GlassBridge Enterprises Cyclically Adjusted PB Ratio?

As of today (2024-06-06), GlassBridge Enterprises's current share price is $20.00. GlassBridge Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $2,923.98. GlassBridge Enterprises's Cyclically Adjusted PB Ratio for today is 0.01.

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

GLAE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.26
Current: 0.01

During the past years, GlassBridge Enterprises's highest Cyclically Adjusted PB Ratio was 0.26. The lowest was 0.01. And the median was 0.03.

GLAE's Cyclically Adjusted PB Ratio is ranked better than
99.89% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs GLAE: 0.01

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.

GlassBridge Enterprises's adjusted book value per share data for the three months ended in Sep. 2023 was $230.433. 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 $2,923.98 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


GlassBridge Enterprises Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GlassBridge Enterprises'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.

GlassBridge Enterprises Cyclically Adjusted PB Ratio Chart

GlassBridge Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.01 - - 0.01

GlassBridge Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 0.01 0.01 0.01 - -

Competitive Comparison of GlassBridge Enterprises's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, GlassBridge Enterprises'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.


GlassBridge Enterprises's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GlassBridge Enterprises's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GlassBridge Enterprises 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.

GlassBridge Enterprises's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.00/2923.98
=0.01

* 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.

GlassBridge Enterprises's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, GlassBridge Enterprises's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=230.433/129.8595*129.8595
=230.433

Current CPI (Sep. 2023) = 129.8595.

GlassBridge Enterprises Quarterly Data

Book Value per Share CPI Adj_Book
201312 17,865.007 98.326 23,594.403
201403 16,839.847 99.695 21,935.153
201406 15,664.956 100.560 20,229.251
201409 12,585.227 100.428 16,273.495
201412 11,390.728 99.070 14,930.844
201503 10,332.709 99.621 13,469.038
201506 9,798.658 100.684 12,638.057
201509 1,977.916 100.392 2,558.495
201512 1,310.419 99.792 1,705.244
201603 544.332 100.470 703.557
201606 172.414 101.688 220.179
201609 -155.496 101.861 -198.237
201612 -1,367.568 101.863 -1,743.442
201703 -912.000 102.862 -1,151.364
201706 -1,120.000 103.349 -1,407.295
201709 -800.000 104.136 -997.618
201712 -862.745 104.011 -1,077.151
201803 -929.412 105.290 -1,146.296
201806 -953.846 106.317 -1,165.065
201809 -654.902 106.507 -798.497
201812 -760.784 105.998 -932.047
201903 -372.549 107.251 -451.084
201906 -395.257 108.070 -474.952
201909 -429.082 108.329 -514.361
201912 226.460 108.420 271.241
202003 536.353 108.902 639.574
202006 476.758 108.767 569.211
202009 572.110 109.815 676.538
202012 -1,203.814 109.897 -1,422.486
202103 -1,291.220 111.754 -1,500.408
202106 -826.381 114.631 -936.161
202109 -532.380 115.734 -597.356
202112 480.731 117.630 530.713
202203 448.947 121.301 480.623
202206 421.136 125.017 437.449
202209 389.352 125.227 403.757
202212 361.542 125.222 374.932
202303 317.839 127.348 324.108
202306 274.136 128.729 276.544
202309 230.433 129.860 230.433

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.


GlassBridge Enterprises  (OTCPK:GLAE) 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.


GlassBridge Enterprises Cyclically Adjusted PB Ratio Related Terms

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


GlassBridge Enterprises (GlassBridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
18 East 50th Street, FL7, New York, NY, USA, 10022
GlassBridge Enterprises Inc is a holding company in the United States. It is involved in the asset management business that comprises investment advisory services to third-party investors through managed funds, as well as separately managed accounts. The firm operates in two segments: Asset Management Business, through AAM, and a sports investment platform, through SportBLX-both owned by Adara.
Executives
Tacora Capital Lp 10 percent owner 2505 PECOS STREET, AUSTIN TX 78703
Keri Findley director, 10 percent owner 214 BRAZILIAN AVENUE, SUITE 200-A, PALM BEACH FL 33480
Claire Councill director 214 BRAZILIAN AVENUE, SUITE 200-A, PALM BEACH FL 33480
Clinton Group Inc director, other: See remarks 510 MADISON AVE, 8TH FL, NEW YORK NY 10022
Robert Searing director 19 DUCHARME LANE, GREENLAWN NY 11740
George E. Hall director C/O CLINTON GROUP INC, 510 MADISON AVE., 8TH FLOOR, NEW YORK NY 10022
De Perio Joseph A director C/O OVERLAND STORAGE, INC., 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Danny Zheng officer: Chief Financial Officer 1099 HELMO AVE. N., SUITE 250, OAKDALE MN 55128
Daniel Strauss officer: Chief Operating Officer C/O CLINTON GROUP, INC, 9 WEST 57TH STREET, NEW YORK NY 10019
Robert G Torricelli director 1099 HELMO AVE., N., SUITE 250, OAKDALE MN 55128
Tavis J. Morello officer: General Counsel 1099 HELMO AVE., N., SUITE 250, OAKDALE MN 55128
Clinton Special Opportunities Master Fund Ltd. director, other: See remarks C/O CLINTON GROUP INC., 510 MADISON AVE, 8TH FL, NEW YORK NY 10022
Alex Spiro director 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Donald H Putnam director
Tracy B Mckibben director 100 RIVERSIDE BOULEVARD, #3S, NEW YORK NY 10069

GlassBridge Enterprises (GlassBridge Enterprises) Headlines

From GuruFocus

Imation Corp. Has Distribution Potential

By guruek Saj Karsan 08-02-2010

Imation Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 08-06-2010

Imation Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-04-2010

What Imation Says vs What It Means

By Barel Karsan Barel Karsan 08-18-2011

Investment Thesis for Imation Corp.

By guruek Saj Karsan 11-09-2009

Imation (IMN) Worth More Sold Than Alone

By Amit Chokshi Amit Chokshi 11-30-2011

Imation Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009