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Service International (STU:SVC) Cyclically Adjusted PB Ratio : 6.79 (As of Jun. 10, 2024)


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What is Service International Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Service International's current share price is €65.52. 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 for today is 6.79.

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

STU:SVC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.72   Med: 5.7   Max: 8.17
Current: 6.85

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

STU:SVC's Cyclically Adjusted PB Ratio is ranked worse than
85.96% of 57 companies
in the Personal Services industry
Industry Median: 1.66 vs STU:SVC: 6.85

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Service International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Service International'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.

Service International Cyclically Adjusted PB Ratio Chart

Service International 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 6.19 6.28 8.09 7.17 6.73

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 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 6.97 6.44 5.62 6.73 7.13

Competitive Comparison of Service International's Cyclically Adjusted PB Ratio

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 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=65.52/9.65
=6.79

* 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.

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

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.

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.


Service International  (STU:SVC) 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.


Service International Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Service International's Cyclically Adjusted PB Ratio 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.