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Barrett Business Services (FRA:BB1) Cyclically Adjusted PB Ratio : 6.30 (As of May. 22, 2024)


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What is Barrett Business Services Cyclically Adjusted PB Ratio?

As of today (2024-05-22), Barrett Business Services's current share price is €115.00. Barrett Business Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €18.26. Barrett Business Services's Cyclically Adjusted PB Ratio for today is 6.30.

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

FRA:BB1' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.25   Med: 5.75   Max: 10.82
Current: 6.26

During the past years, Barrett Business Services's highest Cyclically Adjusted PB Ratio was 10.82. The lowest was 2.25. And the median was 5.75.

FRA:BB1's Cyclically Adjusted PB Ratio is ranked worse than
89.09% of 660 companies
in the Business Services industry
Industry Median: 1.58 vs FRA:BB1: 6.26

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 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.

Barrett Business Services's adjusted book value per share data for the three months ended in Mar. 2024 was €26.686. 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 €18.26 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barrett Business Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Barrett Business Services'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.

Barrett Business Services Cyclically Adjusted PB Ratio Chart

Barrett Business Services 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 8.50 5.64 4.79 5.48 6.03

Barrett Business Services 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 5.01 4.76 4.79 6.03 6.35

Competitive Comparison of Barrett Business Services's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Barrett Business Services'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.


Barrett Business Services's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Barrett Business Services 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.

Barrett Business Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=115.00/18.26
=6.30

* 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.

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

For example, Barrett Business Services'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)
=26.686/131.7762*131.7762
=26.686

Current CPI (Mar. 2024) = 131.7762.

Barrett Business Services Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.570 100.560 9.920
201409 3.726 100.428 4.889
201412 3.735 99.070 4.968
201503 4.152 99.621 5.492
201506 4.998 100.684 6.541
201509 6.247 100.392 8.200
201512 6.952 99.792 9.180
201603 5.686 100.470 7.458
201606 6.578 101.688 8.524
201609 7.673 101.861 9.926
201612 9.121 101.863 11.800
201703 7.419 102.862 9.504
201706 8.324 103.349 10.614
201709 9.271 104.136 11.732
201712 10.281 104.011 13.025
201803 8.373 105.290 10.479
201806 9.937 106.317 12.317
201809 11.603 106.507 14.356
201812 14.149 105.998 17.590
201903 14.317 107.251 17.591
201906 16.409 108.070 20.009
201909 19.407 108.329 23.607
201912 20.577 108.420 25.010
202003 19.448 108.902 23.533
202006 21.024 108.767 25.471
202009 21.909 109.815 26.290
202012 21.537 109.897 25.825
202103 20.515 111.754 24.190
202106 22.002 114.631 25.293
202109 23.516 115.734 26.776
202112 24.889 117.630 27.882
202203 23.055 121.301 25.046
202206 22.570 125.017 23.790
202209 24.860 125.227 26.160
202212 24.434 125.222 25.713
202303 23.828 127.348 24.657
202306 24.569 128.729 25.151
202309 25.553 129.860 25.930
202312 27.786 129.419 28.292
202403 26.686 131.776 26.686

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.


Barrett Business Services  (FRA:BB1) 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.


Barrett Business Services Cyclically Adjusted PB Ratio Related Terms

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


Barrett Business Services (FRA:BB1) Business Description

Traded in Other Exchanges
Address
8100 NE Parkway Drive, Suite 200, Vancouver, WA, USA, 98662
Barrett Business Services Inc is a provider of payroll administrative services and staffing services. The company categories of services include professional employer services and staffing. Professional employer services offer payroll management, payroll taxes services, and workers' compensation coverage solutions, as well as workforce management services, including hiring and termination of employees. Staffing offers temporary staffing services, as well as contract staffing, long-term or indefinite on-site management, and direct placement services. The company operates in the United States of America. It generates maximum revenue from the Professional employer service fees.

Barrett Business Services (FRA:BB1) Headlines

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