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Stantec (Stantec) Cyclically Adjusted Book per Share : $14.54 (As of Dec. 2023)


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What is Stantec Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Stantec's adjusted book value per share for the three months ended in Dec. 2023 was $18.013. 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 $14.54 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Stantec's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 11.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 12.40% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Stantec was 23.30% per year. The lowest was 10.30% per year. And the median was 14.50% per year.

As of today (2024-04-29), Stantec's current stock price is $81.30. Stantec's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $14.54. Stantec's Cyclically Adjusted PB Ratio of today is 5.59.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stantec was 6.21. The lowest was 2.25. And the median was 3.87.


Stantec Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stantec's Cyclically Adjusted Book per Share 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.

Stantec Cyclically Adjusted Book per Share Chart

Stantec Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 11.00 12.34 12.98 14.54

Stantec Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 12.98 13.36 13.98 13.96 14.54

Competitive Comparison of Stantec's Cyclically Adjusted Book per Share

For the Engineering & Construction subindustry, Stantec'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.


Stantec's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Stantec Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Stantec'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)
=18.013/125.4675*125.4675
=18.013

Current CPI (Dec. 2023) = 125.4675.

Stantec Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.060 98.604 11.528
201406 9.507 99.473 11.991
201409 10.007 99.394 12.632
201412 10.038 98.367 12.803
201503 9.829 99.789 12.358
201506 10.282 100.500 12.836
201509 10.137 100.421 12.665
201512 10.218 99.947 12.827
201603 10.219 101.054 12.688
201606 12.666 102.002 15.580
201609 12.918 101.765 15.927
201612 12.983 101.449 16.057
201703 12.385 102.634 15.140
201706 12.634 103.029 15.386
201709 13.455 103.345 16.335
201712 13.028 103.345 15.817
201803 13.178 105.004 15.746
201806 13.227 105.557 15.722
201809 12.827 105.636 15.235
201812 12.688 105.399 15.104
201903 12.466 106.979 14.620
201906 12.471 107.690 14.530
201909 12.811 107.611 14.937
201912 12.806 107.769 14.909
202003 12.906 107.927 15.003
202006 13.402 108.401 15.512
202009 13.833 108.164 16.046
202012 13.563 108.559 15.675
202103 13.980 110.298 15.903
202106 14.105 111.720 15.841
202109 14.280 112.905 15.869
202112 14.046 113.774 15.490
202203 14.120 117.646 15.059
202206 14.154 120.806 14.700
202209 14.867 120.648 15.461
202212 15.186 120.964 15.751
202303 15.357 122.702 15.703
202306 15.880 124.203 16.042
202309 16.406 125.230 16.437
202312 18.013 125.468 18.013

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Stantec  (NYSE:STN) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Stantec's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=81.30/14.54
=5.59

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stantec was 6.21. The lowest was 2.25. And the median was 3.87.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Stantec Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Stantec's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Stantec (Stantec) Business Description

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Address
10220 - 103 Avenue NW, Suite 400, Edmonton, AB, CAN, T5J 0K4
Stantec Inc is a sustainable engineering, architecture, and environmental consulting company. The company is geographically diversified in three regional operating units namely Canada, the United States and Global, offering similar services across all regions. The company offers services in various sectors across the project life cycle through five business operating units infrastructure, water, buildings, environmental services, and energy and resources. The company provides professional services in all phases of the project life cycle: planning, design, construction administration, commissioning, maintenance, decommissioning, and remediation.

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