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XPO (XPO) Cyclically Adjusted PB Ratio : 4.18 (As of Apr. 27, 2024)


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What is XPO Cyclically Adjusted PB Ratio?

As of today (2024-04-27), XPO's current share price is $110.90. XPO's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $26.54. XPO's Cyclically Adjusted PB Ratio for today is 4.18.

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

XPO' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.72   Med: 1.64   Max: 4.83
Current: 4.45

During the past years, XPO's highest Cyclically Adjusted PB Ratio was 4.83. The lowest was 0.72. And the median was 1.64.

XPO's Cyclically Adjusted PB Ratio is ranked worse than
89.81% of 687 companies
in the Transportation industry
Industry Median: 1.22 vs XPO: 4.45

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.

XPO's adjusted book value per share data for the three months ended in Dec. 2023 was $10.916. 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 $26.54 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


XPO Cyclically Adjusted PB Ratio Historical Data

The historical data trend for XPO'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.

XPO Cyclically Adjusted PB Ratio Chart

XPO 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 1.41 1.86 1.86 1.27 3.30

XPO 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 1.27 1.20 2.20 2.79 3.30

Competitive Comparison of XPO's Cyclically Adjusted PB Ratio

For the Trucking subindustry, XPO'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.


XPO's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



XPO 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=110.90/26.54
=4.18

* 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.

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

For example, XPO'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)
=10.916/129.4194*129.4194
=10.916

Current CPI (Dec. 2023) = 129.4194.

XPO Quarterly Data

Book Value per Share CPI Adj_Book
201403 17.563 99.695 22.800
201406 17.274 100.560 22.232
201409 19.327 100.428 24.906
201412 20.833 99.070 27.215
201503 20.540 99.621 26.684
201506 23.341 100.684 30.003
201509 25.525 100.392 32.905
201512 24.425 99.792 31.676
201603 24.458 100.470 31.505
201606 24.389 101.688 31.040
201609 24.201 101.861 30.749
201612 23.931 101.863 30.405
201703 24.189 102.862 30.434
201706 25.236 103.349 31.602
201709 27.321 104.136 33.954
201712 29.716 104.011 36.975
201803 30.178 105.290 37.094
201806 30.555 106.317 37.195
201809 32.628 106.507 39.647
201812 30.466 105.998 37.198
201903 25.774 107.251 31.102
201906 26.783 108.070 32.074
201909 27.511 108.329 32.867
201912 29.274 108.420 34.944
202003 27.879 108.902 33.132
202006 26.846 108.767 31.943
202009 28.546 109.815 33.642
202012 26.549 109.897 31.265
202103 24.858 111.754 28.787
202106 26.134 114.631 29.505
202109 8.835 115.734 9.880
202112 9.896 117.630 10.888
202203 13.896 121.301 14.826
202206 14.843 125.017 15.366
202209 15.530 125.227 16.050
202212 8.800 125.222 9.095
202303 9.095 127.348 9.243
202306 9.652 128.729 9.704
202309 10.321 129.860 10.286
202312 10.916 129.419 10.916

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.


XPO  (NYSE:XPO) 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.


XPO Cyclically Adjusted PB Ratio Related Terms

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


XPO (XPO) Business Description

Industry
Traded in Other Exchanges
Address
Five American Lane, Greenwich, CT, USA, 06831
Following the spinoff of its contract logistics division (GXO) in 2021 and freight brokerage operations (RXO) in 2022, XPO is moving closer to becoming a pure-play asset-based less-than-truckload carrier. On a pro forma basis for the November RXO spinoff, We estimate LTL shipping now makes up 60% of total revenue, with XPO's European truckload and LTL operations making up 40%. That said, XPO's LTL segment EBITDA mix is much higher than 60%. We believe XPO intends to divest its European trucking division once it finds the right buyer.
Executives
Mario A Harik officer: Chief Information Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
J Wes Frye director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Kyle Wismans officer: Chief Financial Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Allison Landry director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
David J. Bates officer: Chief Operating Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Wendy Cassity officer: Chief Legal Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Anderson Carl Douglas Ii officer: Chief Financial Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Bella Loykhter Allaire director 880 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Irene Moshouris director C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Farhad Nanji 10 percent owner C/O HIGHFIELDS CAPITAL MANAGEMENT LP, 200 CLARENDON STREET, BOSTON MA 02116
S Jacobs Bradley director, officer: Chief Executive Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Mfn Partners Management, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners Gp, Llc 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Michael Demichele 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116
Mfn Partners, Lp 10 percent owner 222 BERKELEY STREET, 13TH FLOOR, BOSTON MA 02116