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Service International (STU:SVC) Cyclically Adjusted Book per Share : €9.65 (As of Mar. 2024)


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What is Service International 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.

Service International's adjusted book value per share for the three months ended in Mar. 2024 was €10.002. 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 €9.65 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Service International's average Cyclically Adjusted Book Growth Rate was 5.50% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Service International was 11.90% per year. The lowest was -11.40% per year. And the median was 1.60% per year.

As of today (2024-06-11), Service International's current stock price is €66.06. Service International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.65. Service International's Cyclically Adjusted PB Ratio of today is 6.85.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Service International was 8.17. The lowest was 2.72. And the median was 5.70.


Service International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Service International'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.

Service International Cyclically Adjusted Book per Share Chart

Service International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.62 6.31 7.80 9.07 9.17

Service International 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 9.09 9.24 9.51 9.17 9.65

Competitive Comparison of Service International's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Service International'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.


Service International's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Service International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Service International 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, Service International'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)
=10.002/131.7762*131.7762
=10.002

Current CPI (Mar. 2024) = 131.7762.

Service International Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.939 100.560 6.472
201409 5.034 100.428 6.605
201412 5.418 99.070 7.207
201503 6.069 99.621 8.028
201506 5.850 100.684 7.657
201509 5.324 100.392 6.988
201512 5.555 99.792 7.335
201603 5.483 100.470 7.191
201606 5.344 101.688 6.925
201609 5.086 101.861 6.580
201612 5.469 101.863 7.075
201703 5.876 102.862 7.528
201706 5.724 103.349 7.298
201709 5.535 104.136 7.004
201712 6.382 104.011 8.086
201803 6.663 105.290 8.339
201806 6.972 106.317 8.642
201809 7.052 106.507 8.725
201812 7.953 105.998 9.887
201903 8.257 107.251 10.145
201906 8.460 108.070 10.316
201909 8.818 108.329 10.727
201912 9.057 108.420 11.008
202003 8.841 108.902 10.698
202006 8.801 108.767 10.663
202009 8.494 109.815 10.193
202012 8.439 109.897 10.119
202103 9.208 111.754 10.858
202106 9.478 114.631 10.896
202109 9.939 115.734 11.317
202112 10.360 117.630 11.606
202203 10.513 121.301 11.421
202206 10.998 125.017 11.593
202209 10.947 125.227 11.520
202212 10.260 125.222 10.797
202303 9.969 127.348 10.316
202306 10.060 128.729 10.298
202309 10.215 129.860 10.366
202312 9.659 129.419 9.835
202403 10.002 131.776 10.002

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


Service International  (STU:SVC) 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.

Service International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=66.06/9.65
=6.85

* 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 Service International was 8.17. The lowest was 2.72. And the median was 5.70.


Be Aware

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


Service International Cyclically Adjusted Book per Share Related Terms

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


Service International (STU:SVC) Business Description

Traded in Other Exchanges
Address
1929 Allen Parkway, Houston, TX, USA, 77019
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates a significant amount of the company's total income. Geographically, the company gets a major share of revenue from the United States.