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SEI Investments Co (FRA:SI3) Cyclically Adjusted PB Ratio : 5.04 (As of Jun. 08, 2024)


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What is SEI Investments Co Cyclically Adjusted PB Ratio?

As of today (2024-06-08), SEI Investments Co's current share price is €60.50. SEI Investments Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €12.00. SEI Investments Co's Cyclically Adjusted PB Ratio for today is 5.04.

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

FRA:SI3' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.19   Med: 7.1   Max: 11.25
Current: 4.99

During the past years, SEI Investments Co's highest Cyclically Adjusted PB Ratio was 11.25. The lowest was 4.19. And the median was 7.10.

FRA:SI3's Cyclically Adjusted PB Ratio is ranked worse than
94.11% of 950 companies
in the Asset Management industry
Industry Median: 0.8 vs FRA:SI3: 4.99

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.

SEI Investments Co's adjusted book value per share data for the three months ended in Mar. 2024 was €15.825. 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 €12.00 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


SEI Investments Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SEI Investments Co'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.

SEI Investments Co Cyclically Adjusted PB Ratio Chart

SEI Investments Co 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 7.87 6.39 5.95 5.04 5.02

SEI Investments Co 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 4.82 4.87 4.82 5.02 5.50

Competitive Comparison of SEI Investments Co's Cyclically Adjusted PB Ratio

For the Asset Management subindustry, SEI Investments Co'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.


SEI Investments Co's Cyclically Adjusted PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, SEI Investments Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



SEI Investments Co 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.

SEI Investments Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.50/12
=5.04

* 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.

SEI Investments Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, SEI Investments Co'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)
=15.825/131.7762*131.7762
=15.825

Current CPI (Mar. 2024) = 131.7762.

SEI Investments Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.282 100.560 6.922
201409 5.780 100.428 7.584
201412 6.070 99.070 8.074
201503 7.145 99.621 9.451
201506 7.016 100.684 9.183
201509 7.090 100.392 9.306
201512 7.231 99.792 9.549
201603 7.213 100.470 9.461
201606 7.113 101.688 9.218
201609 7.315 101.861 9.463
201612 7.768 101.863 10.049
201703 8.030 102.862 10.287
201706 7.728 103.349 9.854
201709 7.636 104.136 9.663
201712 7.945 104.011 10.066
201803 8.283 105.290 10.367
201806 8.685 106.317 10.765
201809 8.988 106.507 11.120
201812 9.115 105.998 11.332
201903 9.511 107.251 11.686
201906 9.583 108.070 11.685
201909 10.295 108.329 12.523
201912 10.450 108.420 12.701
202003 10.612 108.902 12.841
202006 10.361 108.767 12.553
202009 10.162 109.815 12.194
202012 9.974 109.897 11.960
202103 10.767 111.754 12.696
202106 10.627 114.631 12.216
202109 11.215 115.734 12.770
202112 11.894 117.630 13.324
202203 13.056 121.301 14.183
202206 13.421 125.017 14.147
202209 14.461 125.227 15.217
202212 13.748 125.222 14.468
202303 14.117 127.348 14.608
202306 14.125 128.729 14.459
202309 14.841 129.860 15.060
202312 14.903 129.419 15.174
202403 15.825 131.776 15.825

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.


SEI Investments Co  (FRA:SI3) 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.


SEI Investments Co Cyclically Adjusted PB Ratio Related Terms

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


SEI Investments Co (FRA:SI3) Business Description

Traded in Other Exchanges
Address
1 Freedom Valley Drive, Oaks, PA, USA, 19456
SEI Investments provides investment processing, management, and operations services to financial institutions, asset managers, asset owners, and financial advisors in four material segments: private banks, investment advisors, institutional investors, and investment managers. SEI also has a minority interest in LSV Asset Management, a value equity asset manager with about $99 billion in assets under management. As of December 2022, SEI (including LSV) manages, administers, or advises on over $1.2 trillion in assets.

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