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StoneX Group (StoneX Group) Cyclically Adjusted Book per Share : $27.12 (As of Mar. 2024)


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What is StoneX Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

StoneX Group's adjusted book value per share for the three months ended in Mar. 2024 was $48.739. 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 $27.12 for the trailing ten years ended in Mar. 2024.

During the past 12 months, StoneX Group's average Cyclically Adjusted Book Growth Rate was 14.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 17.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 14.70% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.70% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of StoneX Group was 23.10% per year. The lowest was 7.60% per year. And the median was 14.90% per year.

As of today (2024-05-16), StoneX Group's current stock price is $75.19. StoneX Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.12. StoneX Group's Cyclically Adjusted PB Ratio of today is 2.77.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of StoneX Group was 3.11. The lowest was 1.42. And the median was 2.33.


StoneX Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for StoneX Group's Cyclically Adjusted Book per Share 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.

StoneX Group Cyclically Adjusted Book per Share Chart

StoneX Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.45 15.91 18.52 22.09 25.58

StoneX 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 Book per Share 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 23.69 24.64 25.58 26.28 27.12

Competitive Comparison of StoneX Group's Cyclically Adjusted Book per Share

For the Capital Markets subindustry, StoneX 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.


StoneX Group's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, StoneX Group's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



StoneX Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, StoneX 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)
=48.739/129.4194*129.4194
=48.739

Current CPI (Mar. 2024) = 129.4194.

StoneX Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.004 100.560 15.449
201409 12.194 100.428 15.714
201412 12.454 99.070 16.269
201503 12.989 99.621 16.874
201506 13.410 100.684 17.237
201509 14.072 100.392 18.141
201512 14.123 99.792 18.316
201603 14.561 100.470 18.757
201606 15.057 101.688 19.163
201609 15.687 101.861 19.931
201612 15.848 101.863 20.135
201703 16.281 102.862 20.484
201706 16.720 103.349 20.938
201709 16.011 104.136 19.898
201712 15.708 104.011 19.545
201803 16.493 105.290 20.273
201806 17.211 106.317 20.951
201809 17.816 106.507 21.649
201812 18.425 105.998 22.496
201903 19.264 107.251 23.246
201906 19.882 108.070 23.810
201909 20.767 108.329 24.810
201912 21.259 108.420 25.377
202003 22.502 108.902 26.742
202006 23.776 108.767 28.290
202009 26.406 109.815 31.120
202012 27.187 109.897 32.017
202103 28.986 111.754 33.568
202106 30.259 114.631 34.163
202109 30.401 115.734 33.996
202112 31.626 117.630 34.796
202203 33.240 121.301 35.465
202206 34.466 125.017 35.680
202209 35.136 125.227 36.312
202212 38.113 125.222 39.391
202303 40.212 127.348 40.866
202306 42.729 128.729 42.958
202309 44.209 129.860 44.059
202312 47.082 129.419 47.082
202403 48.739 129.419 48.739

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


StoneX Group  (NAS:SNEX) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

StoneX Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=75.19/27.12
=2.77

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of StoneX Group was 3.11. The lowest was 1.42. And the median was 2.33.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


StoneX Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of StoneX Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


StoneX Group (StoneX Group) Business Description

Traded in Other Exchanges
Address
230 Park Avenue, 10th Floor, New York, NY, USA, 10169
StoneX Group Inc is a Global brokerage and financial services firm. Its service offerings are execution, OTC / Market-Making, advisory services, Global payment solutions, market intelligence, Physical Trading and clearing services. The firm operates in four segments: commercial, Institutional, Retail, and Global Payments. Its customers include governmental and nongovernmental organizations, and commercial banks, brokers, institutional investors, and investment banks. The company operates in United States, South America, Europe, Middle East and Asia and other countries, out of which majority revenue is generates from Middle East and Asia Region.
Executives
Scott J Branch director, officer: COO 220 E CENTRAL PARKWAY, STE 2060, ATTAMONTE SPRINGS FL 32701
Eric Parthemore director 1251 NW BRIARCLIFF PARKWAY, SUITE 800, KANSAS CITY MO 64116
Philip Andrew Smith other: CEO - subsidiary entity 708 THIRD AVENUE, SUITE 1500, NEW YORK NY 10017
Mark Lowry Maurer other: CEO - subsidiary entity 230 SOUTH LASALLE, SUITE 10-500, CHICAGO IL 60604
John Moore Fowler director 2 NORTHWEST WAY, BRONXVILLE NY 10708
Charles M Lyon officer: CEO - subsidiary entity 329 PARK AVENUE NORTH, SUITE 350, WINTER PARK FL 32789
John Radziwill director, officer: Chairman of the Board
Glenn Henry Stevens other: CEO - subsidiary entity 550 HILLS DRIVE, SUITE 210, BEDMINSTER NJ 07921
Aaron Schroeder officer: Group Controller 1251 NW BRIARCLIFF PARKWAY, SUITE 800, KANSAS CITY MO 64116
William J Dunaway officer: Chief Financial Officer 1251 NW BRIARCLIFF PARKWAY, SUITE 800, KANSAS CITY MO 64116
Sean Michael Oconnor director, officer: CEO 220 E. CENTRAL PARKWAY, SUITE 2060, ALTEMONTE SPRINGS FL 32701
Xuong Nguyen other: COO of Affiliates 230 SOUTH LASALLE, SUITE 10-500, CHICAGO IL 60604
Abigail H Perkins officer: Chief Information Officer 230 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10169
Diego Rotsztain officer: Chief Governance/Legal Officer 135 US HIGHWAY 202/206, SUITE 11, BEDMINSTER NJ 07921
Dhamu R. Thamodaran director 200 COMMERCE STREET, SMITHFIELD VA 23430

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