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Silvercrest Asset Management Group (Silvercrest Asset Management Group) Cyclically Adjusted PB Ratio : 1.81 (As of May. 29, 2024)


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What is Silvercrest Asset Management Group Cyclically Adjusted PB Ratio?

As of today (2024-05-29), Silvercrest Asset Management Group's current share price is $15.00. Silvercrest Asset Management Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.28. Silvercrest Asset Management Group's Cyclically Adjusted PB Ratio for today is 1.81.

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

SAMG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.75   Med: 2.91   Max: 4.08
Current: 1.82

During the past years, Silvercrest Asset Management Group's highest Cyclically Adjusted PB Ratio was 4.08. The lowest was 1.75. And the median was 2.91.

SAMG's Cyclically Adjusted PB Ratio is ranked worse than
85.03% of 942 companies
in the Asset Management industry
Industry Median: 0.8 vs SAMG: 1.82

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.

Silvercrest Asset Management Group's adjusted book value per share data for the three months ended in Mar. 2024 was $8.853. 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 $8.28 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Silvercrest Asset Management Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Silvercrest Asset Management 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.

Silvercrest Asset Management Group Cyclically Adjusted PB Ratio Chart

Silvercrest Asset Management 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 - 3.13 3.20 2.71 2.10

Silvercrest Asset Management 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 2.31 2.53 1.96 2.10 1.91

Competitive Comparison of Silvercrest Asset Management Group's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, Silvercrest Asset Management 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.


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

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

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



Silvercrest Asset Management 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.

Silvercrest Asset Management Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.00/8.28
=1.81

* 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.

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

For example, Silvercrest Asset Management 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)
=8.853/131.7762*131.7762
=8.853

Current CPI (Mar. 2024) = 131.7762.

Silvercrest Asset Management Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.547 100.560 7.269
201409 5.522 100.428 7.246
201412 5.473 99.070 7.280
201503 5.531 99.621 7.316
201506 5.720 100.684 7.486
201509 5.758 100.392 7.558
201512 5.737 99.792 7.576
201603 5.773 100.470 7.572
201606 5.770 101.688 7.477
201609 5.835 101.861 7.549
201612 5.859 101.863 7.580
201703 5.947 102.862 7.619
201706 6.053 103.349 7.718
201709 6.162 104.136 7.798
201712 6.030 104.011 7.640
201803 6.148 105.290 7.695
201806 6.285 106.317 7.790
201809 6.402 106.507 7.921
201812 6.580 105.998 8.180
201903 6.630 107.251 8.146
201906 6.685 108.070 8.151
201909 6.862 108.329 8.347
201912 6.971 108.420 8.473
202003 7.347 108.902 8.890
202006 7.239 108.767 8.770
202009 7.280 109.815 8.736
202012 7.324 109.897 8.782
202103 7.429 111.754 8.760
202106 7.619 114.631 8.759
202109 7.821 115.734 8.905
202112 8.142 117.630 9.121
202203 8.738 121.301 9.493
202206 9.147 125.017 9.642
202209 9.042 125.227 9.515
202212 8.849 125.222 9.312
202303 8.911 127.348 9.221
202306 8.847 128.729 9.056
202309 8.949 129.860 9.081
202312 8.728 129.419 8.887
202403 8.853 131.776 8.853

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.


Silvercrest Asset Management Group  (NAS:SAMG) 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.


Silvercrest Asset Management Group Cyclically Adjusted PB Ratio Related Terms

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


Silvercrest Asset Management Group (Silvercrest Asset Management Group) Business Description

Traded in Other Exchanges
N/A
Address
1330 Avenue of the Americas, 38th Floor, New York, NY, USA, 10019
Silvercrest Asset Management Group Inc is a wealth management firm focused on providing financial advisory and related family office services to ultra-high net-worth individuals and institutional investors. It advises clients on traditional investment strategies focused on equities, fixed income and cash as well as non-traditional investment strategies including hedge funds, private equity funds, real estate and commodities. It also provides clients with family office services and related administrative services, which include financial planning, tax planning and preparation, partnership accounting and fund administration, and consolidated wealth reporting. The company derives revenues principally from assets under management.
Executives
Darla Romfo director C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Brian D Dunn director SILVERCREST ASSET MANAGEMENT GROUP LLC, 1330 AVE. OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Richard Jonathan Burns director SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Conrad Winthrop B Jr director 1120 FIFTH AVENUE APT 12B, NEW YORK NY 10128
Scott A Gerard officer: Chief Financial Officer C/O SILVERCREST ASSET MANAGEMENT GROUP, 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
David J Campbell officer: General Counsel and Secretary 40 HAMILTON ROAD, GLEN RIDGE NJ 07028
Hough Richard R Iii director, officer: Chairman and CEO 327 BRANCH AVENUE, LITTLE SILVER NJ 07739
John Allen Gray officer: Managing Director SILVERCREST ASSET MANAGEMENT GROUP INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Al Messina director C/O SILVERCREST ASSET MANAGEMENT INC., 1330 AVENUE OF THE AMERICAS, 38TH FLOOR, NEW YORK NY 10019
Marital Trust Under Article 7th Of The Will Of G. Moffett Cochran 10 percent owner SILVERCREST, 1330 AVENUE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Cochran H C Stuart 10 percent owner 120 CHURCH STREET, STAUNTON VA 24401
Nonmarital Trust Under Article 8th Of The Will Of G. Moffett Cochran other: Member of Section 13(d) group SILVERCREST, 1330 AVE OF THE AMERICAS, 38TH FL., NEW YORK NY 10019
Hamilton E James 10 percent owner JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022
Leo Price Blackford 10 percent owner C/O CENTRAL SECURITIES CORPORATION, 630 FIFTH AVENUE, SUITE 820, NEW YORK NY 10111
Richard Scott Pechter director 1266 BELLAIRE LANE, ATLANTA GA 30319-5251