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Jakks Pacific (Jakks Pacific) Cyclically Adjusted PB Ratio : 0.54 (As of Apr. 30, 2024)


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What is Jakks Pacific Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Jakks Pacific's current share price is $18.9658. Jakks Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $35.37. Jakks Pacific's Cyclically Adjusted PB Ratio for today is 0.54.

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

JAKK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.04   Med: 0.32   Max: 0.99
Current: 0.54

During the past years, Jakks Pacific's highest Cyclically Adjusted PB Ratio was 0.99. The lowest was 0.04. And the median was 0.32.

JAKK's Cyclically Adjusted PB Ratio is ranked better than
75.13% of 587 companies
in the Travel & Leisure industry
Industry Median: 1.38 vs JAKK: 0.54

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.

Jakks Pacific's adjusted book value per share data for the three months ended in Dec. 2023 was $18.761. 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 $35.37 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Jakks Pacific Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Jakks Pacific'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.

Jakks Pacific Cyclically Adjusted PB Ratio Chart

Jakks Pacific 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 0.12 0.07 0.19 0.42 1.01

Jakks Pacific 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 0.42 0.43 0.52 0.50 1.01

Competitive Comparison of Jakks Pacific's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Jakks Pacific'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.


Jakks Pacific's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Jakks Pacific's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Jakks Pacific 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.

Jakks Pacific's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.9658/35.37
=0.54

* 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.

Jakks Pacific's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Jakks Pacific'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)
=18.761/129.4194*129.4194
=18.761

Current CPI (Dec. 2023) = 129.4194.

Jakks Pacific Quarterly Data

Book Value per Share CPI Adj_Book
201403 56.922 99.695 73.894
201406 43.155 100.560 55.540
201409 62.168 100.428 80.115
201412 63.748 99.070 83.277
201503 58.065 99.621 75.433
201506 56.575 100.684 72.722
201509 75.108 100.392 96.825
201512 72.327 99.792 93.800
201603 60.955 100.470 78.518
201606 57.140 101.688 72.723
201609 71.355 101.861 90.660
201612 69.303 101.863 88.051
201703 57.015 102.862 71.735
201706 51.127 103.349 64.024
201709 45.510 104.136 56.560
201712 34.701 104.011 43.178
201803 20.206 105.290 24.837
201806 13.474 106.317 16.402
201809 18.717 106.507 22.744
201812 17.394 105.998 21.237
201903 7.904 107.251 9.538
201906 0.215 108.070 0.257
201909 5.984 108.329 7.149
201912 0.835 108.420 0.997
202003 -3.083 108.902 -3.664
202006 -5.727 108.767 -6.814
202009 2.427 109.815 2.860
202012 2.059 109.897 2.425
202103 -1.109 111.754 -1.284
202106 -0.979 114.631 -1.105
202109 6.283 115.734 7.026
202112 5.942 117.630 6.538
202203 5.421 121.301 5.784
202206 8.051 125.017 8.335
202209 10.847 125.227 11.210
202212 14.494 125.222 14.980
202303 14.307 127.348 14.540
202306 15.226 128.729 15.308
202309 19.656 129.860 19.589
202312 18.761 129.419 18.761

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.


Jakks Pacific  (NAS:JAKK) 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.


Jakks Pacific Cyclically Adjusted PB Ratio Related Terms

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


Jakks Pacific (Jakks Pacific) Business Description

Traded in Other Exchanges
Address
2951 28th Street, Santa Monica, CA, USA, 90405
Jakks Pacific Inc is a multi-brand toy company that designs, produces, markets, and distributes toys and related products, consumables, and related products, electronics and related products, kids' indoor and outdoor furniture, and other consumer products. Its products offering include Traditional toys and electronics such as Action figures, Toy vehicles, Dolls and accessories, Ride-on toys, Toys for pets, and others.
Executives
Benefit Street Partners Llc 10 percent owner 9 WEST 57TH STREET, SUITE 4920, NEW YORK NY 10019
Lawrence I Rosen 10 percent owner 1578 SUSSEX TURNPIKE, BUILDING 5, RANDOLPH NJ 07689
Stephen G Berman director, 10 percent owner, officer: CEO, President and Secretary 22619 PACIFIC COAST HWY, MALIBU CA 90265
Lori Macpherson director C/O JAKKS PACIFIC INC., 2951 28TH ST., SANTA MONICA CA 90405
Thomas Gahan 10 percent owner 9 WEST 57TH STREET, SUITE 4700, NEW YORK NY 10019
John Joseph Mcgrath officer: Chief Operating Officer 22619 PACIFIC COAST HIGHWAY, MALIBU CA 90265
John Louis Kimble officer: Chief Financial Officer 49 8TH STREET, HERMOSA BEACH CA 90254
Carole Levine director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Axar Capital Management L.p. director, other: See Remarks 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Axar Gp, Llc director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Andrew Axelrod director, other: See Remarks C/O AXAR CAPITAL MANAGEMENT, LP, 402 W 13TH STREET, FLOOR 5, NEW YORK NY 10014
Matthew T. Winkler director C/O JAKKS PACIFIC INC., 2951 28TH STREET, SANTA MONICA CA 90405
Brent T Novak officer: Chief Financial Officer C/O IXIA, 26601 W. AGOURA ROAD, CALABASAS CA 91302
Michael S Sitrick director 11777 SAN VICENTE BLVD SUITE 5500, LOS ANGELES CA 90049
Meisheng Cultural & Creative Corp., Ltd. 10 percent owner NANYAN DISTRICT, HI-TECH INDUSTRIAL PARK, XINCHANG, SHAOXING F4 312500