GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » The ODP Corp (NAS:ODP) » Definitions » Cyclically Adjusted PB Ratio

The ODP (The ODP) Cyclically Adjusted PB Ratio : 0.95 (As of May. 26, 2024)


View and export this data going back to 1990. Start your Free Trial

What is The ODP Cyclically Adjusted PB Ratio?

As of today (2024-05-26), The ODP's current share price is $39.05. The ODP's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $41.12. The ODP's Cyclically Adjusted PB Ratio for today is 0.95.

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

ODP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.38   Med: 0.92   Max: 1.52
Current: 0.95

During the past years, The ODP's highest Cyclically Adjusted PB Ratio was 1.52. The lowest was 0.38. And the median was 0.92.

ODP's Cyclically Adjusted PB Ratio is ranked better than
57.63% of 734 companies
in the Retail - Cyclical industry
Industry Median: 1.175 vs ODP: 0.95

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 ODP's adjusted book value per share data for the three months ended in Mar. 2024 was $29.481. 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 $41.12 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


The ODP Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The ODP'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 ODP Cyclically Adjusted PB Ratio Chart

The ODP 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 0.80 0.84 1.04 1.14 1.38

The ODP 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 1.10 1.13 1.11 1.38 1.29

Competitive Comparison of The ODP's Cyclically Adjusted PB Ratio

For the Specialty Retail subindustry, The ODP'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 ODP's Cyclically Adjusted PB Ratio Distribution in the Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, The ODP's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=39.05/41.12
=0.95

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

For example, The ODP'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)
=29.481/131.7762*131.7762
=29.481

Current CPI (Mar. 2024) = 131.7762.

The ODP Quarterly Data

Book Value per Share CPI Adj_Book
201406 33.316 100.560 43.658
201409 33.010 100.428 43.314
201412 29.733 99.070 39.549
201503 29.692 99.621 39.276
201506 28.880 100.684 37.798
201509 28.794 100.392 37.796
201512 29.203 99.792 38.563
201603 30.194 100.470 39.602
201606 34.196 101.688 44.314
201609 34.994 101.861 45.271
201612 35.955 101.863 46.514
201703 34.791 102.862 44.571
201706 38.098 103.349 48.577
201709 39.565 104.136 50.067
201712 38.268 104.011 48.483
201803 38.667 105.290 48.394
201806 38.885 106.317 48.197
201809 39.971 106.507 49.454
201812 39.093 105.998 48.600
201903 38.552 107.251 47.368
201906 38.108 108.070 46.468
201909 38.922 108.329 47.346
201912 40.603 108.420 49.350
202003 40.563 108.902 49.083
202006 32.607 108.767 39.505
202009 34.079 109.815 40.894
202012 35.678 109.897 42.781
202103 35.801 111.754 42.215
202106 34.253 114.631 39.376
202109 35.715 115.734 40.665
202112 29.676 117.630 33.245
202203 30.392 121.301 33.017
202206 31.193 125.017 32.880
202209 32.073 125.227 33.751
202212 30.488 125.222 32.084
202303 29.616 127.348 30.646
202306 30.403 128.729 31.123
202309 30.697 129.860 31.150
202312 29.789 129.419 30.331
202403 29.481 131.776 29.481

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 ODP  (NAS:ODP) 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 ODP Cyclically Adjusted PB Ratio Related Terms

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


The ODP (The ODP) Business Description

Traded in Other Exchanges
Address
6600 North Military Trail, Boca Raton, FL, USA, 33496
The ODP Corp is a provider of business services and supplies, products, and digital workplace technology solutions to small, medium-sized and enterprise businesses. The operating business segments are ODP Business Solutions Division; Office Depot Division; Veyer Division and Varis Division. It generates maximum revenue from the Veyer Division segment. The Veyer Division specializes in B2B and consumer business service delivery, with core competencies in distribution, fulfillment, transportation, global sourcing, and purchasing.
Executives
Kevin Moffitt officer: SVP, Chief Retail Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Diego Anthony Scaglione officer: EVP & Chief Financial Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Gerry P Smith director, officer: Chief Executive Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
John Gannfors officer: EVP-Transformation & Strategic, other: Sourcing 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Zoe Maloney officer: EVP, Chief HR Officer 6600 N MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Max Hood officer: SVP & Chief Accounting Officer 6600 NORTH MILITARY TRAIL, BOCA RATON, FL FL 33496
Sarah E. Hlavinka officer: EVP-Chief Legal Officer & Secy 2111 N MOLTER RD, LIBERTY LAKE WA 99019
David C Centrella officer: EVP - Business Solutions Div 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
N. David Bleisch officer: EVP-Chief Legal Officer & Secy C/O THE ADT CORPORATION, 1501 YAMATO ROAD, BOCA RATON FL 33431
Stephen M. Mohan officer: EVP - Business Solutions Div 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Haas Richard A. Jr officer: SVP & Chief Accounting Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Marcus Dunlop director 330 MADISON AVENUE, FLOOR 23, NEW YORK NY 10017
Wendy Lee Schoppert director 6105 TRENTON LANE NORTH, MINNEAPOLIS MN 55442
Terry Leeper officer: EVP, Chief Technology Officer 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496
Shashank Samant director 6600 NORTH MILITARY TRAIL, LEGAL DEPARTMENT, BOCA RATON FL 33496