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Korn Ferry (Korn Ferry) Cyclically Adjusted PB Ratio : 2.32 (As of May. 01, 2024)


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What is Korn Ferry Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Korn Ferry's current share price is $60.72. Korn Ferry's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $26.15. Korn Ferry's Cyclically Adjusted PB Ratio for today is 2.32.

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

KFY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.31   Med: 2.39   Max: 4.25
Current: 2.32

During the past years, Korn Ferry's highest Cyclically Adjusted PB Ratio was 4.25. The lowest was 1.31. And the median was 2.39.

KFY's Cyclically Adjusted PB Ratio is ranked worse than
64.12% of 655 companies
in the Business Services industry
Industry Median: 1.54 vs KFY: 2.32

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.

Korn Ferry's adjusted book value per share data for the three months ended in Jan. 2024 was $32.546. 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 $26.15 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Korn Ferry Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Korn Ferry'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.

Korn Ferry Cyclically Adjusted PB Ratio Chart

Korn Ferry Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.79 1.60 3.46 2.74 1.93

Korn Ferry Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 2.23 1.93 2.07 1.76 2.24

Competitive Comparison of Korn Ferry's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Korn Ferry'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.


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

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

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



Korn Ferry 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.

Korn Ferry's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=60.72/26.15
=2.32

* 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.

Korn Ferry's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 is calculated as:

For example, Korn Ferry's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=32.546/129.4194*129.4194
=32.546

Current CPI (Jan. 2024) = 129.4194.

Korn Ferry Quarterly Data

Book Value per Share CPI Adj_Book
201404 15.168 100.023 19.626
201407 15.295 100.520 19.692
201410 15.619 100.176 20.179
201501 15.630 98.604 20.515
201504 16.120 99.824 20.899
201507 16.050 100.691 20.629
201510 16.368 100.346 21.110
201601 17.997 99.957 23.302
201604 18.252 100.947 23.400
201607 17.853 101.524 22.759
201610 18.238 101.988 23.143
201701 18.585 102.456 23.476
201704 19.028 103.167 23.870
201707 19.646 103.278 24.619
201710 20.032 104.070 24.911
201801 20.842 104.578 25.793
201804 21.526 105.708 26.355
201807 20.401 106.324 24.832
201810 20.761 106.695 25.183
201901 21.352 106.200 26.020
201904 21.985 107.818 26.390
201907 22.279 108.250 26.636
201910 22.705 108.577 27.063
202001 23.075 108.841 27.438
202004 22.431 108.173 26.837
202007 22.156 109.318 26.230
202010 22.528 109.861 26.539
202101 23.949 110.364 28.084
202104 25.300 112.673 29.060
202107 26.001 115.183 29.215
202110 27.164 116.696 30.126
202201 28.244 118.619 30.816
202204 29.035 121.978 30.806
202207 29.247 125.002 30.281
202210 29.826 125.734 30.700
202301 30.634 126.223 31.410
202304 31.531 127.992 31.883
202307 32.002 128.974 32.112
202310 31.452 129.810 31.357
202401 32.546 129.419 32.546

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.


Korn Ferry  (NYSE:KFY) 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.


Korn Ferry Cyclically Adjusted PB Ratio Related Terms

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


Korn Ferry (Korn Ferry) Business Description

Industry
Traded in Other Exchanges
Address
1900 Avenue of the Stars, Suite 1500, Los Angeles, CA, USA, 90067
Korn Ferry is a United States-based firm engaged in organizational consulting and management recruitment that helps clients fill mid- to high-level management positions. The company's segment includes Consulting; Digital; Executive Search and RPO and Professional Search.
Executives
Matthew J Espe director
Jeanne Macdonald officer: CEO RPO 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Charles L. Harrington director 5875 TRINITY PKWY #300, CENTREVILLE VA 20120
Michael Distefano officer: See Remarks 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Gary D Burnison director, officer: CEO C/O KORN FERRY INTERNATIONAL, 800 CENTURY PARK EAST STE 900, LOS ANGELES CA 90067
Laura M Bishop director 1900 AVENUE OF THE STARS, SUITE 1500, LOS ANGELES CA 90067
Robert P Rozek officer: EVP and CFO 343 STATE STREET, ROCHESTER NY 146500211
Byrne K Mulrooney officer: CEO of Futurestep 2050 SPECTRUM BOULEVARD, FT. LAUDERDALE FL 33309
Jerry Leamon director C/O KORN/FERRY INTERNATIONAL, 1900 AVENUE OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
George T Shaheen director
Len J Lauer director 2001 EDMUND HALLEY DRIVE, RESTON VA 20191
Lori Jean Robinson director 5875 LANDERBROOK DRIVE, SUITE 220, CLEVELAND OH 44124
Mark Arian officer: CEO of Hay Group C/O KORN/FERRY INTERNATIONAL, 1900 AVE. OF THE STARS, SUITE 2600, LOS ANGELES CA 90067
Debra J Perry director 515 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Angel R Martinez director C/O TUPPERWARE BRANDS CORP, PO BOX 2353, ORLANDO FL 32802-2353