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Insperity (FRA:ASF) Cyclically Adjusted PB Ratio : 33.98 (As of Jun. 07, 2024)


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What is Insperity Cyclically Adjusted PB Ratio?

As of today (2024-06-07), Insperity's current share price is €87.00. Insperity's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €2.56. Insperity's Cyclically Adjusted PB Ratio for today is 33.98.

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

FRA:ASF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.97   Med: 18.92   Max: 42.96
Current: 34.68

During the past years, Insperity's highest Cyclically Adjusted PB Ratio was 42.96. The lowest was 2.97. And the median was 18.92.

FRA:ASF's Cyclically Adjusted PB Ratio is ranked worse than
99.11% of 677 companies
in the Business Services industry
Industry Median: 1.6 vs FRA:ASF: 34.68

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.

Insperity's adjusted book value per share data for the three months ended in Mar. 2024 was €3.460. 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 €2.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Insperity Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Insperity'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.

Insperity Cyclically Adjusted PB Ratio Chart

Insperity 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 22.21 23.40 35.64 37.44 41.88

Insperity 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 40.22 39.82 33.55 41.88 39.37

Competitive Comparison of Insperity's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Insperity'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.


Insperity's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Insperity's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Insperity 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=87.00/2.56
=33.98

* 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.

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

For example, Insperity'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)
=3.46/131.7762*131.7762
=3.460

Current CPI (Mar. 2024) = 131.7762.

Insperity Quarterly Data

Book Value per Share CPI Adj_Book
201406 3.558 100.560 4.663
201409 3.761 100.428 4.935
201412 3.267 99.070 4.346
201503 3.886 99.621 5.140
201506 3.365 100.684 4.404
201509 3.094 100.392 4.061
201512 3.262 99.792 4.307
201603 1.169 100.470 1.533
201606 1.358 101.688 1.760
201609 1.459 101.861 1.887
201612 1.365 101.863 1.766
201703 1.921 102.862 2.461
201706 1.772 103.349 2.259
201709 2.034 104.136 2.574
201712 1.351 104.011 1.712
201803 2.011 105.290 2.517
201806 2.432 106.317 3.014
201809 3.139 106.507 3.884
201812 1.668 105.998 2.074
201903 2.577 107.251 3.166
201906 2.916 108.070 3.556
201909 0.930 108.329 1.131
201912 0.093 108.420 0.113
202003 -0.076 108.902 -0.092
202006 1.022 108.767 1.238
202009 0.876 109.815 1.051
202012 0.948 109.897 1.137
202103 1.600 111.754 1.887
202106 1.893 114.631 2.176
202109 2.156 115.734 2.455
202112 -0.041 117.630 -0.046
202203 0.805 121.301 0.875
202206 0.867 125.017 0.914
202209 1.594 125.227 1.677
202212 2.025 125.222 2.131
202303 3.262 127.348 3.375
202306 3.180 128.729 3.255
202309 2.056 129.860 2.086
202312 2.303 129.419 2.345
202403 3.460 131.776 3.460

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.


Insperity  (FRA:ASF) 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.


Insperity Cyclically Adjusted PB Ratio Related Terms

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


Insperity (FRA:ASF) Business Description

Traded in Other Exchanges
Address
19001 Crescent Springs Drive, Kingwood, TX, USA, 77339
Insperity Inc is a company that primarily provides a wide range of human resources and business solutions that help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Most of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.

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