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Crawford (Crawford) Cyclically Adjusted PB Ratio : 2.58 (As of Apr. 27, 2024)


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What is Crawford Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Crawford's current share price is $9.72. Crawford's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.77. Crawford's Cyclically Adjusted PB Ratio for today is 2.58.

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

CRD.B' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.18   Med: 2.41   Max: 3.9
Current: 2.52

During the past years, Crawford's highest Cyclically Adjusted PB Ratio was 3.90. The lowest was 1.18. And the median was 2.41.

CRD.B's Cyclically Adjusted PB Ratio is ranked worse than
82.57% of 413 companies
in the Insurance industry
Industry Median: 1.15 vs CRD.B: 2.52

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.

Crawford's adjusted book value per share data for the three months ended in Dec. 2023 was $2.885. 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 $3.77 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Crawford Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Crawford'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.

Crawford Cyclically Adjusted PB Ratio Chart

Crawford 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 3.78 2.31 2.11 1.48 3.47

Crawford Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.48 2.19 2.89 2.42 3.47

Competitive Comparison of Crawford's Cyclically Adjusted PB Ratio

For the Insurance Brokers subindustry, Crawford'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.


Crawford's Cyclically Adjusted PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Crawford's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Crawford 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=9.72/3.77
=2.58

* 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.

Crawford's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Crawford's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=2.885/129.4194*129.4194
=2.885

Current CPI (Dec. 2023) = 129.4194.

Crawford Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.626 99.695 4.707
201406 3.880 100.560 4.994
201409 4.032 100.428 5.196
201412 3.134 99.070 4.094
201503 2.995 99.621 3.891
201506 3.052 100.684 3.923
201509 2.998 100.392 3.865
201512 2.059 99.792 2.670
201603 2.192 100.470 2.824
201606 2.460 101.688 3.131
201609 2.592 101.861 3.293
201612 2.749 101.863 3.493
201703 2.903 102.862 3.653
201706 3.070 103.349 3.844
201709 3.370 104.136 4.188
201712 3.259 104.011 4.055
201803 3.452 105.290 4.243
201806 3.307 106.317 4.026
201809 3.371 106.507 4.096
201812 3.095 105.998 3.779
201903 3.027 107.251 3.653
201906 3.001 108.070 3.594
201909 3.093 108.329 3.695
201912 2.990 108.420 3.569
202003 2.659 108.902 3.160
202006 2.743 108.767 3.264
202009 3.443 109.815 4.058
202012 3.504 109.897 4.126
202103 3.805 111.754 4.406
202106 4.059 114.631 4.583
202109 4.157 115.734 4.649
202112 4.091 117.630 4.501
202203 3.950 121.301 4.214
202206 3.840 125.017 3.975
202209 3.365 125.227 3.478
202212 2.562 125.222 2.648
202303 2.936 127.348 2.984
202306 3.100 128.729 3.117
202309 3.364 129.860 3.353
202312 2.885 129.419 2.885

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.


Crawford  (NYSE:CRD.B) 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.


Crawford Cyclically Adjusted PB Ratio Related Terms

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


Crawford (Crawford) Business Description

Traded in Other Exchanges
Address
5335 Triangle Parkway, Peachtree Corners, GA, USA, 30092
Crawford & Co provides claims and outsourcing solutions to the risk management, insurance industry, and self-insured entities. Its segments include North America Loss Adjusting; International Operations; Broadspire and Platform Solutions. The company generates maximum revenue from the International Operations segment. International Operations segment provides services to the North American property and casualty market and provides claims management services to insurance carriers and self-insured entities related to property and casualty losses.

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