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P.A.M. Transportation Services (P.A.M. Transportation Services) Cyclically Adjusted PB Ratio : 2.20 (As of Apr. 27, 2024)


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What is P.A.M. Transportation Services Cyclically Adjusted PB Ratio?

As of today (2024-04-27), P.A.M. Transportation Services's current share price is $16.84. P.A.M. Transportation Services's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $7.66. P.A.M. Transportation Services's Cyclically Adjusted PB Ratio for today is 2.20.

The historical rank and industry rank for P.A.M. Transportation Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

PTSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 2.51   Max: 7.29
Current: 2.2

During the past years, P.A.M. Transportation Services's highest Cyclically Adjusted PB Ratio was 7.29. The lowest was 0.58. And the median was 2.51.

PTSI's Cyclically Adjusted PB Ratio is ranked worse than
73.8% of 687 companies
in the Transportation industry
Industry Median: 1.21 vs PTSI: 2.20

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.

P.A.M. Transportation Services's adjusted book value per share data for the three months ended in Dec. 2023 was $14.269. 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 $7.66 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


P.A.M. Transportation Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for P.A.M. Transportation 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.

P.A.M. Transportation Services Cyclically Adjusted PB Ratio Chart

P.A.M. Transportation 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 3.19 2.60 6.57 3.99 2.71

P.A.M. Transportation 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 4.19 3.75 2.89 2.71 -

Competitive Comparison of P.A.M. Transportation Services's Cyclically Adjusted PB Ratio

For the Trucking subindustry, P.A.M. Transportation 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.


P.A.M. Transportation Services's Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, P.A.M. Transportation Services's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where P.A.M. Transportation Services's Cyclically Adjusted PB Ratio falls into.



P.A.M. Transportation 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.

P.A.M. Transportation Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=16.84/7.66
=2.20

* 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.

P.A.M. Transportation Services's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, P.A.M. Transportation Services'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)
=14.269/129.4194*129.4194
=14.269

Current CPI (Dec. 2023) = 129.4194.

P.A.M. Transportation Services Quarterly Data

Book Value per Share CPI Adj_Book
201403 3.683 99.695 4.781
201406 3.850 100.560 4.955
201409 3.969 100.428 5.115
201412 3.367 99.070 4.398
201503 3.554 99.621 4.617
201506 3.787 100.684 4.868
201509 3.456 100.392 4.455
201512 3.567 99.792 4.626
201603 3.686 100.470 4.748
201606 3.511 101.688 4.468
201609 3.605 101.861 4.580
201612 3.680 101.863 4.676
201703 3.741 102.862 4.707
201706 3.794 103.349 4.751
201709 3.898 104.136 4.844
201712 5.178 104.011 6.443
201803 5.232 105.290 6.431
201806 5.352 106.317 6.515
201809 5.669 106.507 6.889
201812 5.853 105.998 7.146
201903 6.182 107.251 7.460
201906 6.231 108.070 7.462
201909 6.435 108.329 7.688
201912 5.826 108.420 6.954
202003 5.775 108.902 6.863
202006 5.707 108.767 6.791
202009 5.949 109.815 7.011
202012 6.546 109.897 7.709
202103 7.068 111.754 8.185
202106 7.743 114.631 8.742
202109 8.423 115.734 9.419
202112 9.670 117.630 10.639
202203 10.653 121.301 11.366
202206 11.747 125.017 12.161
202209 12.761 125.227 13.188
202212 13.542 125.222 13.996
202303 13.701 127.348 13.924
202306 14.108 128.729 14.184
202309 14.363 129.860 14.314
202312 14.269 129.419 14.269

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.


P.A.M. Transportation Services  (NAS:PTSI) 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.


P.A.M. Transportation Services Cyclically Adjusted PB Ratio Related Terms

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


P.A.M. Transportation Services (P.A.M. Transportation Services) Business Description

Traded in Other Exchanges
N/A
Address
297 West Henri De Tonti Boulevard, Tontitown, AR, USA, 72770
P.A.M. Transportation Services Inc is engaged in truckload dry van carriers transporting general commodities. Its operations are classified as motor carrier segment or brokerage and logistics services around the United States, Mexico, and Canada. The company freight consists of automotive parts, expedited goods, consumer goods, such as general retail store merchandise, and manufactured goods, such as heating and air conditioning units. The company generates maximum revenue from the United States.
Executives
Edwin J. Lukas director 12225 STEPHENS ROAD, WARREN MI 48089
Matthew T Moroun director, 10 percent owner 12225 STEPHENS ROAD, WARREN MI 48089
W Scott Davis director 7 SUNSET DRIVE, LITTLE ROCK AR 72207
Joseph A. Vitiritto director, officer: President and CEO P.O. BOX 188, TONTITOWN AR 72770
Matthew J. Moroun director 12225 STEPHENS ROAD, WARREN MI 48089
Michael D. Bishop director P.O. BOX 188, TONTITOWN AR 72770
Humberto Pete Montano director P.O. BOX 188, TONTITOWN AR 72770
Allen West officer: VP Finance, CFO, Secy, Treas POST OFFICE BOX 188, TONTITOWN AR 72770
Matt Herndon officer: Chief Operating Officer 4080 JENKINS ROAD, CHATTANOOGA TN 37421
Franklin Mclarty director 297 WEST HENRI DE TONTI, TONTITOWN AR 72770
Daniel H Cushman director, officer: President PO BOX 188, TONTITOWN AR 72770
Norman E Harned director 12225 STEPHENS ROAD, WARREN MI 48089
Frederick P Calderone director C/O CENTRAL TRANSPORT INTL, 12225 STEPHENS RD, WARREN MI 48089
Larry J Goddard officer: EXECUTIVE VICE PRESIDENT PAM TRANSPORTATION SVC INC, 297 W HENRI DETONTI BLVD, TONTITOWN AR 72712
Lance Stewart officer: VP Fin, CFO, Sec. and Treas. POST OFFICE BOX 188, TONTITOWN AR 72770