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StoneX Group (StoneX Group) Cyclically Adjusted PB Ratio : 2.69 (As of May. 22, 2024)


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What is StoneX Group Cyclically Adjusted PB Ratio?

As of today (2024-05-22), StoneX Group's current share price is $74.25. StoneX Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $27.59. StoneX Group's Cyclically Adjusted PB Ratio for today is 2.69.

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

SNEX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.33   Max: 3.11
Current: 2.67

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

SNEX's Cyclically Adjusted PB Ratio is ranked worse than
73.25% of 486 companies
in the Capital Markets industry
Industry Median: 1.18 vs SNEX: 2.67

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 adjusted book value per share data 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 $27.59 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


StoneX Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for StoneX Group'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.

StoneX Group Cyclically Adjusted PB Ratio Chart

StoneX Group Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.89 2.14 2.37 2.50 2.53

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 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 2.91 2.25 2.53 2.81 2.55

Competitive Comparison of StoneX Group's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=74.25/27.59
=2.69

* 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.

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

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)
=48.739/131.7762*131.7762
=48.739

Current CPI (Mar. 2024) = 131.7762.

StoneX Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 12.004 100.560 15.730
201409 12.194 100.428 16.000
201412 12.454 99.070 16.566
201503 12.989 99.621 17.182
201506 13.410 100.684 17.551
201509 14.072 100.392 18.471
201512 14.123 99.792 18.649
201603 14.561 100.470 19.098
201606 15.057 101.688 19.512
201609 15.687 101.861 20.294
201612 15.848 101.863 20.502
201703 16.281 102.862 20.857
201706 16.720 103.349 21.319
201709 16.011 104.136 20.261
201712 15.708 104.011 19.901
201803 16.493 105.290 20.642
201806 17.211 106.317 21.332
201809 17.816 106.507 22.043
201812 18.425 105.998 22.906
201903 19.264 107.251 23.669
201906 19.882 108.070 24.243
201909 20.767 108.329 25.262
201912 21.259 108.420 25.839
202003 22.502 108.902 27.229
202006 23.776 108.767 28.806
202009 26.406 109.815 31.687
202012 27.187 109.897 32.600
202103 28.986 111.754 34.179
202106 30.259 114.631 34.785
202109 30.401 115.734 34.615
202112 31.626 117.630 35.429
202203 33.240 121.301 36.111
202206 34.466 125.017 36.330
202209 35.136 125.227 36.974
202212 38.113 125.222 40.108
202303 40.212 127.348 41.610
202306 42.729 128.729 43.741
202309 44.209 129.860 44.862
202312 47.082 129.419 47.939
202403 48.739 131.776 48.739

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.


StoneX Group  (NAS:SNEX) 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.


StoneX Group Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of StoneX Group's Cyclically Adjusted PB Ratio 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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