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Park Lawn (Park Lawn) Cyclically Adjusted PB Ratio : 1.06 (As of Jun. 01, 2024)


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What is Park Lawn Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Park Lawn's current share price is $12.52. Park Lawn's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $11.85. Park Lawn's Cyclically Adjusted PB Ratio for today is 1.06.

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

PRRWF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.99   Med: 3.88   Max: 8.17
Current: 1.04

During the past years, Park Lawn's highest Cyclically Adjusted PB Ratio was 8.17. The lowest was 0.99. And the median was 3.88.

PRRWF's Cyclically Adjusted PB Ratio is ranked better than
62.5% of 56 companies
in the Personal Services industry
Industry Median: 1.72 vs PRRWF: 1.04

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.

Park Lawn's adjusted book value per share data for the three months ended in Mar. 2024 was $15.976. 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 $11.85 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Park Lawn Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Park Lawn'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.

Park Lawn Cyclically Adjusted PB Ratio Chart

Park Lawn 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 4.48 3.38 3.98 1.98 1.27

Park Lawn 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 2.02 1.68 1.24 1.27 1.04

Competitive Comparison of Park Lawn's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Park Lawn'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.


Park Lawn's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

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

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



Park Lawn 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.

Park Lawn's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=12.52/11.85
=1.06

* 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.

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

For example, Park Lawn'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)
=15.976/126.2576*126.2576
=15.976

Current CPI (Mar. 2024) = 126.2576.

Park Lawn Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.659 99.473 3.375
201409 3.265 99.394 4.147
201412 3.120 98.367 4.005
201503 3.077 99.789 3.893
201506 3.155 100.500 3.964
201509 2.971 100.421 3.735
201512 2.860 99.947 3.613
201603 4.387 101.054 5.481
201606 4.424 102.002 5.476
201609 4.519 101.765 5.607
201612 6.476 101.449 8.060
201703 6.523 102.634 8.024
201706 8.661 103.029 10.614
201709 9.404 103.345 11.489
201712 9.376 103.345 11.455
201803 9.920 105.004 11.928
201806 12.560 105.557 15.023
201809 12.624 105.636 15.088
201812 12.661 105.399 15.167
201903 12.694 106.979 14.982
201906 13.465 107.690 15.787
201909 13.506 107.611 15.846
201912 13.369 107.769 15.663
202003 13.641 107.927 15.958
202006 13.582 108.401 15.819
202009 13.572 108.164 15.842
202012 13.584 108.559 15.799
202103 13.648 110.298 15.623
202106 13.781 111.720 15.574
202109 15.639 112.905 17.489
202112 15.916 113.774 17.662
202203 16.112 117.646 17.291
202206 16.209 120.806 16.940
202209 16.297 120.648 17.055
202212 16.252 120.964 16.963
202303 16.327 122.702 16.800
202306 16.401 124.203 16.672
202309 16.427 125.230 16.562
202312 15.855 125.072 16.005
202403 15.976 126.258 15.976

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.


Park Lawn  (OTCPK:PRRWF) 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.


Park Lawn Cyclically Adjusted PB Ratio Related Terms

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


Park Lawn (Park Lawn) Business Description

Traded in Other Exchanges
Address
2 St. Clair Avenue West, Suite 705, Toronto, ON, CAN, M4T 2T5
Park Lawn Corp provides goods and services associated with the disposition and memorialization of remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes, and funeral services business. The entity generates revenue from the sale of cemetery property interment rights, cemetery services and merchandise sales, and funeral services and merchandise sales. It operates in the United States and Canada, of which key revenue is generated from the United States.