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CBIZ (CBZ) Cyclically Adjusted PS Ratio : 3.26 (As of Apr. 27, 2024)


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What is CBIZ Cyclically Adjusted PS Ratio?

As of today (2024-04-27), CBIZ's current share price is $72.76. CBIZ's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 was $22.34. CBIZ's Cyclically Adjusted PS Ratio for today is 3.26.

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

CBZ' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.35   Max: 3.59
Current: 3.26

During the past years, CBIZ's highest Cyclically Adjusted PS Ratio was 3.59. The lowest was 0.59. And the median was 1.35.

CBZ's Cyclically Adjusted PS Ratio is ranked worse than
84.51% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs CBZ: 3.26

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

CBIZ's adjusted revenue per share data for the three months ended in Mar. 2024 was $9.842. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $22.34 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CBIZ Cyclically Adjusted PS Ratio Historical Data

The historical data trend for CBIZ's Cyclically Adjusted PS 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.

CBIZ Cyclically Adjusted PS Ratio Chart

CBIZ Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.75 1.67 2.22 2.36 2.86

CBIZ Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PS 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 2.41 2.52 2.40 2.86 3.51

Competitive Comparison of CBIZ's Cyclically Adjusted PS Ratio

For the Specialty Business Services subindustry, CBIZ's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


CBIZ's Cyclically Adjusted PS Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CBIZ's Cyclically Adjusted PS Ratio distribution charts can be found below:

* The bar in red indicates where CBIZ's Cyclically Adjusted PS Ratio falls into.



CBIZ Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

CBIZ's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=72.76/22.34
=3.26

* 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.

CBIZ's Cyclically Adjusted Revenue per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CBIZ's adjusted Revenue per Share data for the three months ended in Mar. 2024 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=9.842/129.4194*129.4194
=9.842

Current CPI (Mar. 2024) = 129.4194.

CBIZ Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201406 3.409 100.560 4.387
201409 3.520 100.428 4.536
201412 3.047 99.070 3.980
201503 4.162 99.621 5.407
201506 3.557 100.684 4.572
201509 3.437 100.392 4.431
201512 3.049 99.792 3.954
201603 4.251 100.470 5.476
201606 3.712 101.688 4.724
201609 3.710 101.861 4.714
201612 3.305 101.863 4.199
201703 4.373 102.862 5.502
201706 3.780 103.349 4.734
201709 3.721 104.136 4.624
201712 3.495 104.011 4.349
201803 4.758 105.290 5.848
201806 4.122 106.317 5.018
201809 3.952 106.507 4.802
201812 3.506 105.998 4.281
201903 4.829 107.251 5.827
201906 4.244 108.070 5.082
201909 4.296 108.329 5.132
201912 3.612 108.420 4.312
202003 4.959 108.902 5.893
202006 4.299 108.767 5.115
202009 4.306 109.815 5.075
202012 3.837 109.897 4.519
202103 5.524 111.754 6.397
202106 5.182 114.631 5.851
202109 5.312 115.734 5.940
202112 4.539 117.630 4.994
202203 7.397 121.301 7.892
202206 6.890 125.017 7.133
202209 6.954 125.227 7.187
202212 5.741 125.222 5.933
202303 8.956 127.348 9.102
202306 7.909 128.729 7.951
202309 8.150 129.860 8.122
202312 6.512 129.419 6.512
202403 9.842 129.419 9.842

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


CBIZ  (NYSE:CBZ) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


CBIZ Cyclically Adjusted PS Ratio Related Terms

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


CBIZ (CBZ) Business Description

Industry
Traded in Other Exchanges
Address
6801 Brecksville Road, Door N., Independence, OH, USA, 44131
CBIZ Inc through its subsidiaries provides professional business services. Its business units have been aggregated into three practice groups: Financial Services, Benefits and Insurance Services, and National Practices. The company provides its services to various industries such as Agribusiness, Agribusiness, SAAS, Construction, Health Care, Oil and Gas, Real Estate, Retail, Financial Institutions, and Government among others. It derives the majority of its revenues from the Financial Services segment and geographically from the United States.
Executives
Ware H Grove officer: C.F.O. 6480 ROCKSIDE WOODS BLVD SOUTH, SUITE 330, CLEVELAND OH 44131
Benaree Pratt Wiley director C/O BNY MELLON INVESTMENT ADVISER, INC., 240 GREENWICH STREET, NEW YORK NY 10286
Joseph S Dimartino director
Chris Spurio officer: President, Financial Services
Michael P Kouzelos officer: President, Employee Services 6050 OAK TREE BLVD SUITE 500, CLEVELAND OH 44131
Rodney A Young director 350 OAK GROVE PARKWAY, SAINT PAUL MN 55127
Sherrill W Hudson director 201 SOUTH BISCAYNE BOULEVARD, 34TH FLOOR, MIAMI CENTER, MIAMI FL 33131
Jerome P Grisko director, officer: President and COO
Todd J Slotkin director 35 EAST 62ND STREET, NEW YORK NY 10021
Richard T Marabito director 5096 RICHMOND ROAD, BEDFORD HEIGHTS OH 44146
Steven L Gerard director P.O. BOX 554, MILWAUKEE WI 53201-0554
A Haag Sherman director 600 TRAVIS STREET, SUITE 5900, HOUSTON TX 77002
Donald V Weir director SANDERS MORRIS HARRIS, 600 TRAVIS, HOUSTON TX 77002
Gina D France director III CASCADE PLAZA, AKRON OH 44308
Michael H Degroote director 1111 INTERNATIONAL BLVD., BURLINGTON A6 L7L 6W1