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Ambase (Ambase) Cyclically Adjusted PB Ratio : 0.24 (As of Apr. 27, 2024)


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What is Ambase Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Ambase's current share price is $0.209. Ambase's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $0.86. Ambase's Cyclically Adjusted PB Ratio for today is 0.24.

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

ABCP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.28
Current: 0.24

During the past years, Ambase's highest Cyclically Adjusted PB Ratio was 0.28. The lowest was 0.00. And the median was 0.00.

ABCP's Cyclically Adjusted PB Ratio is ranked better than
78.37% of 1285 companies
in the Real Estate industry
Industry Median: 0.66 vs ABCP: 0.24

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.

Ambase's adjusted book value per share data for the three months ended in Dec. 2023 was $-0.156. 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 $0.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ambase Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ambase'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.

Ambase Cyclically Adjusted PB Ratio Chart

Ambase 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 0.26 0.32 0.34 0.07 0.17

Ambase 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 0.07 0.10 0.13 0.15 0.17

Competitive Comparison of Ambase's Cyclically Adjusted PB Ratio

For the Real Estate Services subindustry, Ambase'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.


Ambase's Cyclically Adjusted PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Ambase's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Ambase 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.

Ambase's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.209/0.86
=0.24

* 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.

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

For example, Ambase'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)
=-0.156/129.4194*129.4194
=-0.156

Current CPI (Dec. 2023) = 129.4194.

Ambase Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.406 99.695 1.825
201406 1.355 100.560 1.744
201409 1.307 100.428 1.684
201412 1.808 99.070 2.362
201503 1.782 99.621 2.315
201506 1.758 100.684 2.260
201509 1.721 100.392 2.219
201512 1.696 99.792 2.200
201603 1.668 100.470 2.149
201606 1.647 101.688 2.096
201609 1.630 101.861 2.071
201612 1.617 101.863 2.054
201703 1.583 102.862 1.992
201706 1.557 103.349 1.950
201709 -0.036 104.136 -0.045
201712 0.437 104.011 0.544
201803 0.481 105.290 0.591
201806 0.452 106.317 0.550
201809 0.430 106.507 0.523
201812 0.445 105.998 0.543
201903 0.424 107.251 0.512
201906 0.371 108.070 0.444
201909 0.346 108.329 0.413
201912 0.324 108.420 0.387
202003 0.289 108.902 0.343
202006 0.266 108.767 0.317
202009 0.230 109.815 0.271
202012 0.187 109.897 0.220
202103 0.147 111.754 0.170
202106 0.116 114.631 0.131
202109 0.085 115.734 0.095
202112 0.059 117.630 0.065
202203 0.033 121.301 0.035
202206 0.009 125.017 0.009
202209 -0.009 125.227 -0.009
202212 -0.026 125.222 -0.027
202303 -0.056 127.348 -0.057
202306 -0.087 128.729 -0.087
202309 -0.122 129.860 -0.122
202312 -0.156 129.419 -0.156

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.


Ambase  (OTCPK:ABCP) 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.


Ambase Cyclically Adjusted PB Ratio Related Terms

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


Ambase (Ambase) Business Description

Industry
Traded in Other Exchanges
N/A
Address
7857 West Sample Road, Suite 134, Coral Springs, FL, USA, 33065
Website
Ambase Corp is a United States-based holding company. It holds an equity interest in a real estate development property through a joint venture agreement to purchase and develop the real property located in New York, New York.
Executives
Camac Fund, Lp 10 percent owner CAMAC CAPITAL, LLC, 350 PARK AVENUE, 13TH FLOOR, NEW YORK NY 10022
Richard A Bianco officer: President & CEO C/O AMBASE CORP, 100 PUTNAM GREER 3RD FL, GREENWICH CT 06830-6027
Scott Michael Salant director C/O AMBASE CORPORATION, 12 LINCOLN BLVD. SUITE # 202, EMERSON NJ 07630
Jerry Y Carnegie director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, THIRD FLOOR, GREENWICH CT 06830
Iszo Capital Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Iszo Capital Management Lp 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Brian L. Sheehy 10 percent owner 415 MADISON AVENUE, 14TH FLOOR, NEW YORK NY 10017
Iszo Capital Gp Llc 10 percent owner 590 MADISON AVENUE, 21ST FLOOR, NEW YORK NY 10022
Joseph R Bianco officer: Treasurer C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Bianco Richard A Jr director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Kenneth M Schmidt director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Horton Theodore T Jr director C/O AMBASE CORPORATION, 100 PUTNAM GREEN, 3RD FLOOR, GREENWICH CT 06830
Alessandra F Bianco director, 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Barc Investments Llc 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016
Christina A Bianco 10 percent owner C/O BARRY STRAUSS & ASSOCIATES, 307 FIFTH AVENUE, NEW YORK NY 10016