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The Carlyle Group (STU:3VU) Cyclically Adjusted PB Ratio : 5.74 (As of Jun. 07, 2024)


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What is The Carlyle Group Cyclically Adjusted PB Ratio?

As of today (2024-06-07), The Carlyle Group's current share price is €38.185. The Carlyle Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €6.65. The Carlyle Group's Cyclically Adjusted PB Ratio for today is 5.74.

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

STU:3VU' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.16   Med: 6.45   Max: 15.74
Current: 5.88

During the past years, The Carlyle Group's highest Cyclically Adjusted PB Ratio was 15.74. The lowest was 4.16. And the median was 6.45.

STU:3VU's Cyclically Adjusted PB Ratio is ranked worse than
95.01% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs STU:3VU: 5.88

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.

The Carlyle Group's adjusted book value per share data for the three months ended in Mar. 2024 was €12.985. 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 €6.65 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Carlyle Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Carlyle 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.

The Carlyle Group Cyclically Adjusted PB Ratio Chart

The Carlyle Group 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 7.23 7.99 13.43 5.51 5.90

The Carlyle Group 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 5.31 5.11 4.54 5.90 6.44

Competitive Comparison of The Carlyle Group's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, The Carlyle 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.


The Carlyle Group's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

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

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



The Carlyle 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.

The Carlyle Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=38.185/6.65
=5.74

* 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.

The Carlyle Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, The Carlyle Group'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)
=12.985/131.7762*131.7762
=12.985

Current CPI (Mar. 2024) = 131.7762.

The Carlyle Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.813 100.560 2.376
201409 1.670 100.428 2.191
201412 1.809 99.070 2.406
201503 1.746 99.621 2.310
201506 1.891 100.684 2.475
201509 1.635 100.392 2.146
201512 1.430 99.792 1.888
201603 1.115 100.470 1.462
201606 1.066 101.688 1.381
201609 0.962 101.861 1.245
201612 0.894 101.863 1.157
201703 1.150 102.862 1.473
201706 1.380 103.349 1.760
201709 1.483 104.136 1.877
201712 1.587 104.011 2.011
201803 1.601 105.290 2.004
201806 1.682 106.317 2.085
201809 1.660 106.507 2.054
201812 1.531 105.998 1.903
201903 1.834 107.251 2.253
201906 2.187 108.070 2.667
201909 2.375 108.329 2.889
201912 1.604 108.420 1.950
202003 4.846 108.902 5.864
202006 4.987 108.767 6.042
202009 5.315 109.815 6.378
202012 6.253 109.897 7.498
202103 8.203 111.754 9.673
202106 10.155 114.631 11.674
202109 11.346 115.734 12.919
202112 13.146 117.630 14.727
202203 14.838 121.301 16.119
202206 15.676 125.017 16.524
202209 17.004 125.227 17.893
202212 16.209 125.222 17.057
202303 15.927 127.348 16.481
202306 15.292 128.729 15.654
202309 15.378 129.860 15.605
202312 13.175 129.419 13.415
202403 12.985 131.776 12.985

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.


The Carlyle Group  (STU:3VU) 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.


The Carlyle Group Cyclically Adjusted PB Ratio Related Terms

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


The Carlyle Group (STU:3VU) Business Description

Traded in Other Exchanges
Address
1001 Pennsylvania Avenue, NW, Washington, DC, USA, 20004-2505
The Carlyle Group is one of the world's largest alternative-asset managers, with $382.3 billion in total assets under management, including $273.0 billion in fee-earning AUM, at the end of September 2023. The company has three core business segments: private equity, which includes private equity, real estate, infrastructure, and natural resources funds (accounting for 40% of fee-earning AUM and 64% of base management fees during 2023), global credit (46% and 25%) and investment solutions (14% and 11%). The firm primarily serves institutional investors and high-net-worth individuals. Carlyle operates through 29 offices across five continents, serving more than 2,900 active carry fund investors from 88 countries.

The Carlyle Group (STU:3VU) Headlines

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