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CDI (CDI) Cyclically Adjusted PB Ratio : (As of Apr. 28, 2024)


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What is CDI Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CDI Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CDI'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.

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CDI Cyclically Adjusted PB Ratio Chart

CDI Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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CDI Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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Competitive Comparison of CDI's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, CDI'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.


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

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

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



CDI 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.

CDI's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2017 is calculated as:

For example, CDI's adjusted Book Value per Share data for the three months ended in Jun. 2017 was:

Adj_Book=Book Value per Share/CPI of Jun. 2017 (Change)*Current CPI (Jun. 2017)
=9.402/103.3491*103.3491
=9.402

Current CPI (Jun. 2017) = 103.3491.

CDI Quarterly Data

Book Value per Share CPI Adj_Book
200709 16.230 87.964 19.069
200712 16.474 88.616 19.213
200803 16.690 90.090 19.146
200806 16.947 92.320 18.972
200809 16.583 92.307 18.567
200812 15.412 88.697 17.958
200903 15.162 89.744 17.461
200906 15.605 91.003 17.722
200909 13.168 91.120 14.935
200912 14.482 91.111 16.427
201003 14.260 91.821 16.050
201006 14.298 91.962 16.068
201009 14.376 92.162 16.121
201012 13.561 92.474 15.156
201103 13.592 94.283 14.899
201106 14.078 95.235 15.278
201109 13.993 95.727 15.107
201112 13.899 95.213 15.087
201203 14.047 96.783 15.000
201206 14.098 96.819 15.049
201209 14.431 97.633 15.276
201212 14.410 96.871 15.374
201303 14.401 98.209 15.155
201306 14.371 98.518 15.076
201309 14.589 98.790 15.262
201312 14.584 98.326 15.329
201403 14.478 99.695 15.009
201406 14.659 100.560 15.066
201409 14.638 100.428 15.064
201412 13.947 99.070 14.549
201503 13.609 99.621 14.118
201506 13.566 100.684 13.925
201509 12.283 100.392 12.645
201512 11.231 99.792 11.631
201603 11.214 100.470 11.535
201606 10.980 101.688 11.159
201609 10.249 101.861 10.399
201612 10.120 101.863 10.268
201703 9.792 102.862 9.838
201706 9.402 103.349 9.402

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.


CDI  (NYSE:CDI) 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.


CDI Cyclically Adjusted PB Ratio Related Terms

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


CDI (CDI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
CDI Corp. is a staffing firm that provides temporary and permanent workers mainly in the engineering, IT servicing, and construction markets. At the end of 2007 approximately 20% of the firm's revenue was derived from the U.K. construction market and had 1,400 worldwide employees with 11,000 temporary workers on assignment. Based in Philadelphia, Pa., CDI traces its roots back to 1950.
Executives
Lawrence C Karlson director C/O CDI CORP., 1717 ARCH ST 35TH FLOOR, PHILADELPHIA PA 19103-2768
Albert E Smith director
Scott J Freidheim director, officer: President and CEO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Paulett Eberhart other: Former Director and CEO C/O LPL FINANCIAL, 4707 EXECUTIVE DRIVE, SAN DIEGO CA 32121
Roger H Ballou director, officer: President and CEO C/O CDI CORP, 1717 ARCH ST 35TH FL, PHILADELPHIA PA 19103
Papadakis Constantine director 75 CRESTLINE RD, WAYNE NJ 19087
John Iii Fanelli officer: VP-Controller, CDI Corporation C/O CDI CORP., 1717 ARCH ST., 35TH FLOOR, PHILADELPHIA PA 19103
Gregory L Cowan officer: Former Sr. VP & CAO 1717 ARCH STREET, 35TH FLOOR, PHILADELPHIA PA 19103
Alan B Miller director 367 SOUTH GULPH ROAD, KING OF PRUSSIA PA 19406

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