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Equifax (FRA:EFX) Cyclically Adjusted PB Ratio : 8.45 (As of May. 22, 2024)


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What is Equifax Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Equifax's current share price is €230.00. Equifax's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €27.23. Equifax's Cyclically Adjusted PB Ratio for today is 8.45.

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

FRA:EFX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.64   Med: 7.15   Max: 12.41
Current: 7.91

During the past years, Equifax's highest Cyclically Adjusted PB Ratio was 12.41. The lowest was 4.64. And the median was 7.15.

FRA:EFX's Cyclically Adjusted PB Ratio is ranked worse than
93.33% of 660 companies
in the Business Services industry
Industry Median: 1.58 vs FRA:EFX: 7.91

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.

Equifax's adjusted book value per share data for the three months ended in Mar. 2024 was €33.953. 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 €27.23 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equifax Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Equifax'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.

Equifax Cyclically Adjusted PB Ratio Chart

Equifax 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 6.65 8.85 11.97 7.14 8.44

Equifax 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 7.25 8.24 6.30 8.44 8.89

Competitive Comparison of Equifax's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, Equifax'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.


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

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

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



Equifax 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=230.00/27.23
=8.45

* 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.

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

For example, Equifax'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)
=33.953/131.7762*131.7762
=33.953

Current CPI (Mar. 2024) = 131.7762.

Equifax Quarterly Data

Book Value per Share CPI Adj_Book
201406 14.522 100.560 19.030
201409 15.043 100.428 19.739
201412 14.944 99.070 19.878
201503 16.673 99.621 22.055
201506 16.340 100.684 21.386
201509 16.780 100.392 22.026
201512 17.872 99.792 23.600
201603 18.770 100.470 24.619
201606 18.960 101.688 24.570
201609 20.356 101.861 26.334
201612 20.948 101.863 27.100
201703 22.466 102.862 28.781
201706 22.331 103.349 28.473
201709 21.677 104.136 27.431
201712 22.334 104.011 28.296
201803 21.967 105.290 27.493
201806 22.912 106.317 28.399
201809 22.629 106.507 27.998
201812 22.651 105.998 28.160
201903 18.767 107.251 23.059
201906 18.618 108.070 22.702
201909 18.863 108.329 22.946
201912 19.148 108.420 23.273
202003 17.791 108.902 21.528
202006 19.690 108.767 23.855
202009 20.450 109.815 24.540
202012 21.383 109.897 25.640
202103 22.902 111.754 27.005
202106 23.581 114.631 27.108
202109 24.538 115.734 27.939
202112 25.980 117.630 29.104
202203 28.466 121.301 30.924
202206 29.408 125.017 30.998
202209 31.018 125.227 32.640
202212 30.489 125.222 32.085
202303 30.961 127.348 32.038
202306 31.528 128.729 32.274
202309 32.653 129.860 33.135
202312 33.721 129.419 34.335
202403 33.953 131.776 33.953

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.


Equifax  (FRA:EFX) 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.


Equifax Cyclically Adjusted PB Ratio Related Terms

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


Equifax (FRA:EFX) Business Description

Industry
Traded in Other Exchanges
Address
1550 Peachtree Street N.W., Atlanta, GA, USA, 30309
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.