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Barrett Business Services (Barrett Business Services) Cyclically Adjusted PS Ratio : 0.85 (As of Apr. 27, 2024)


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What is Barrett Business Services Cyclically Adjusted PS Ratio?

As of today (2024-04-27), Barrett Business Services's current share price is $121.77. Barrett Business Services's Cyclically Adjusted Revenue per Share for the quarter that ended in Dec. 2023 was $143.11. Barrett Business Services's Cyclically Adjusted PS Ratio for today is 0.85.

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

BBSI' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.36   Med: 0.84   Max: 2.91
Current: 0.85

During the past years, Barrett Business Services's highest Cyclically Adjusted PS Ratio was 2.91. The lowest was 0.36. And the median was 0.84.

BBSI's Cyclically Adjusted PS Ratio is ranked better than
51.33% of 678 companies
in the Business Services industry
Industry Median: 0.89 vs BBSI: 0.85

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

Barrett Business Services's adjusted revenue per share data for the three months ended in Dec. 2023 was $41.045. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is $143.11 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Barrett Business Services Cyclically Adjusted PS Ratio Historical Data

The historical data trend for Barrett Business Services's Cyclically Adjusted PS 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 PS Ratio Chart

Barrett Business Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.68 0.59 0.70 0.81

Barrett Business Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PS 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 0.70 0.65 0.63 0.64 0.81

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

For the Staffing & Employment Services subindustry, Barrett Business Services's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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 PS Ratio Distribution in the Business Services Industry

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

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



Barrett Business Services Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

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

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=121.77/143.11
=0.85

* 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 Revenue per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Barrett Business Services's adjusted Revenue per Share data for the three months ended in Dec. 2023 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=41.045/129.4194*129.4194
=41.045

Current CPI (Dec. 2023) = 129.4194.

Barrett Business Services Quarterly Data

Revenue per Share CPI Adj_RevenuePerShare
201403 18.848 99.695 24.468
201406 20.357 100.560 26.199
201409 24.378 100.428 31.415
201412 24.601 99.070 32.137
201503 23.322 99.621 30.298
201506 24.834 100.684 31.922
201509 26.993 100.392 34.798
201512 26.212 99.792 33.994
201603 26.494 100.470 34.128
201606 27.759 101.688 35.329
201609 30.399 101.861 38.623
201612 29.630 101.863 37.646
201703 28.969 102.862 36.448
201706 29.877 103.349 37.414
201709 31.903 104.136 39.649
201712 32.256 104.011 40.136
201803 30.665 105.290 37.693
201806 30.176 106.317 36.733
201809 32.355 106.507 39.316
201812 31.162 105.998 38.048
201903 29.461 107.251 35.551
201906 30.029 108.070 35.961
201909 32.157 108.329 38.417
201912 31.682 108.420 37.818
202003 29.132 108.902 34.621
202006 26.289 108.767 31.281
202009 29.513 109.815 34.782
202012 30.330 109.897 35.718
202103 28.834 111.754 33.392
202106 30.504 114.631 34.439
202109 32.464 115.734 36.303
202112 33.947 117.630 37.349
202203 32.964 121.301 35.170
202206 36.128 125.017 37.400
202209 38.420 125.227 39.706
202212 38.596 125.222 39.890
202303 36.459 127.348 37.052
202306 38.492 128.729 38.699
202309 40.225 129.860 40.089
202312 41.045 129.419 41.045

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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  (NAS:BBSI) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


Barrett Business Services Cyclically Adjusted PS Ratio Related Terms

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


Barrett Business Services (Barrett Business Services) 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.
Executives
Joseph Stephen Clabby director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Anthony Meeker director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Thomas J Carley director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Jon L Justesen director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Alexandra Morehouse Mcreynolds director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gary Kramer officer: VP - Finance, Treas. & Sec. 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Vincent P Price director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James B Hicks director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Carla A Moradi director 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
James R Potts officer: EVP Gen Counsel & Secretary 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Anthony J Harris officer: Chief Financial Officer 8100 NE PARKWAY DRIVE SUITE 200, VANCOUVER WA 98662
Gerald Blotz officer: VP and COO--Field Operations 8100 N.E. PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Michael L Elich officer: VP and Chief Operating Officer 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gregory R Vaughn officer: Vice President 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662

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