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Hollywood Bowl Group (LSE:BOWL) Cyclically Adjusted PB Ratio : 5.59 (As of May. 26, 2024)


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What is Hollywood Bowl Group Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Hollywood Bowl Group's current share price is £3.30. Hollywood Bowl Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 was £0.59. Hollywood Bowl Group's Cyclically Adjusted PB Ratio for today is 5.59.

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

LSE:BOWL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.99   Med: 5.05   Max: 5.94
Current: 5.65

During the past 11 years, Hollywood Bowl Group's highest Cyclically Adjusted PB Ratio was 5.94. The lowest was 3.99. And the median was 5.05.

LSE:BOWL's Cyclically Adjusted PB Ratio is ranked worse than
89.43% of 596 companies
in the Travel & Leisure industry
Industry Median: 1.405 vs LSE:BOWL: 5.65

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.

Hollywood Bowl Group's adjusted book value per share data of for the fiscal year that ended in Sep23 was £0.862. 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 £0.59 for the trailing ten years ended in Sep23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Hollywood Bowl Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hollywood Bowl Group'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.

Hollywood Bowl Group Cyclically Adjusted PB Ratio Chart

Hollywood Bowl Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 3.96 4.18

Hollywood Bowl Group Semi-Annual Data
Sep13 Sep14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 - - 3.96 - 4.18

Competitive Comparison of Hollywood Bowl Group's Cyclically Adjusted PB Ratio

For the Leisure subindustry, Hollywood Bowl Group'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.


Hollywood Bowl Group's Cyclically Adjusted PB Ratio Distribution in the Travel & Leisure Industry

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

* The bar in red indicates where Hollywood Bowl Group's Cyclically Adjusted PB Ratio falls into.



Hollywood Bowl Group 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.

Hollywood Bowl Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.30/0.59
=5.59

* 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.

Hollywood Bowl Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep23 is calculated as:

For example, Hollywood Bowl Group's adjusted Book Value per Share data for the fiscal year that ended in Sep23 was:

Adj_Book=Book Value per Share/CPI of Sep23 (Change)*Current CPI (Sep23)
=0.862/130.1000*130.1000
=0.862

Current CPI (Sep23) = 130.1000.

Hollywood Bowl Group Annual Data

Book Value per Share CPI Adj_Book
201409 -0.026 100.000 -0.034
201509 -0.002 100.200 -0.003
201609 0.496 101.500 0.636
201709 0.598 104.300 0.746
201809 0.633 106.600 0.773
201909 0.678 108.400 0.814
202009 0.467 109.200 0.556
202109 0.614 112.400 0.711
202209 0.809 122.300 0.861
202309 0.862 130.100 0.862

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.


Hollywood Bowl Group  (LSE:BOWL) 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.


Hollywood Bowl Group Cyclically Adjusted PB Ratio Related Terms

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


Hollywood Bowl Group (LSE:BOWL) Business Description

Traded in Other Exchanges
Address
Cleveland Road, Focus 31, West Wing, Hemel Hempstead Industrial Estate, Hemel Hempstead, Hertfordshire, GBR, HP2 7BW
Hollywood Bowl Group PLC is a ten-pin bowling operator across the United Kingdom under the Hollywood Bowl, Splitsville and Puttstars brands. The company specializes in operating bowling centres, located on out of town multi-use leisure parks and large retail parks with all of the centres occupied by the company on a leasehold basis. The centres are designed to offer a complete family entertainment experience with each centre offering bowling lanes, on-site dining, licensed bars, and family games arcades. The company has two reporting segments, being the provision of ten-pin bowling and mini-golf centres in the United Kingdom which generates the majority of the revenue, and the provision of ten-pin bowling and mini-golf centres and the installation of bowling equipment in Canada.

Hollywood Bowl Group (LSE:BOWL) Headlines

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