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ARMK (Aramark) Cyclically Adjusted Book per Share : $12.89 (As of Sep. 2024)


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What is Aramark Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Aramark's adjusted book value per share for the three months ended in Sep. 2024 was $11.514. 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 $12.89 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Aramark's average Cyclically Adjusted Book Growth Rate was 3.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

As of today (2024-12-15), Aramark's current stock price is $40.17. Aramark's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $12.89. Aramark's Cyclically Adjusted PB Ratio of today is 3.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aramark was 3.23. The lowest was 1.93. And the median was 2.43.


Aramark Cyclically Adjusted Book per Share Historical Data

The historical data trend for Aramark's Cyclically Adjusted Book per Share 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.

Aramark Cyclically Adjusted Book per Share Chart

Aramark Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 11.53 12.44 12.89

Aramark Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Book per Share 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 12.44 12.43 12.68 12.79 12.89

Competitive Comparison of Aramark's Cyclically Adjusted Book per Share

For the Specialty Business Services subindustry, Aramark'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.


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

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

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



Aramark Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=11.514/133.0289*133.0289
=11.514

Current CPI (Sep. 2024) = 133.0289.

Aramark Quarterly Data

Book Value per Share CPI Adj_Book
201412 7.441 99.070 9.992
201503 7.615 99.621 10.169
201506 7.804 100.684 10.311
201509 7.850 100.392 10.402
201512 8.147 99.792 10.860
201603 8.456 100.470 11.196
201606 8.583 101.688 11.228
201609 8.831 101.861 11.533
201612 9.097 101.863 11.880
201703 9.179 102.862 11.871
201706 9.480 103.349 12.202
201709 10.013 104.136 12.791
201712 11.078 104.011 14.169
201803 11.359 105.290 14.352
201806 11.547 106.317 14.448
201809 12.278 106.507 15.335
201812 13.087 105.998 16.424
201903 13.131 107.251 16.287
201906 13.309 108.070 16.383
201909 13.400 108.329 16.455
201912 13.803 108.420 16.936
202003 12.548 108.902 15.328
202006 11.447 108.767 14.000
202009 10.812 109.815 13.098
202012 10.542 109.897 12.761
202103 10.291 111.754 12.250
202106 10.525 114.631 12.214
202109 10.636 115.734 12.225
202112 10.844 117.630 12.264
202203 11.290 121.301 12.382
202206 11.312 125.017 12.037
202209 11.710 125.227 12.440
202212 12.072 125.222 12.825
202303 12.218 127.348 12.763
202306 13.608 128.729 14.063
202309 14.200 129.860 14.547
202312 10.850 129.419 11.153
202403 10.997 131.776 11.102
202406 11.175 132.554 11.215
202409 11.514 133.029 11.514

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Aramark  (NYSE:ARMK) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Aramark's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=40.17/12.89
=3.12

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aramark was 3.23. The lowest was 1.93. And the median was 2.43.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Aramark Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Aramark's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Aramark Business Description

Industry
Traded in Other Exchanges
Address
2400 Market Street, Philadelphia, PA, USA, 19103
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.
Executives
Lauren A Harrington officer: SVP and General Counsel ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Marc A Bruno officer: COO, U.S. Food & Facilities C/O UNITED RENTALS, INC., 100 FIRST STAMFORD PLACE, SUITE 700, STAMFORD CT 06902
Kevin Wills director 750 LAKESHORE PARKWAY, BIRMINGHAM AL 35211
Abigail Charpentier officer: SVP & Chief HR Officer 2400 MARKET STREET, PHIADELPHIA PA 19103
Lynn Mckee officer: See Remarks
Patricia E Lopez director 333 LUDLOW ST, STAMFORD CT 06902
Kenneth M Keverian director IBM CORPORATION, ONE NEW ORCHARD ROAD, ARMONK NY 10504
Christopher T. Schilling officer: SVP, Controller and CAO 2400 MARKET STREET, PHILADELPHIA PA 19103
Bridgette P Heller director TECH DATA CORPORATION, 5350 TECH DATA DRIVE, CLEARWATER FL 33760
Keith Bethel officer: Chief Growth Officer C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Thomas Gerard Ondrof officer: Executive VP and CFO C/O PERFORMANCE FOOD GROUP COMPANY, 12500 WEST CREEK PARKWAY, RICHMOND VA 23238
Stephen I Sadove director
Karen Marie King director C/O ARAMARK, 2400 MARKET STREET, PHILADELPHIA PA 19103
Greg Creed director 1441 GARDINER LANE, LOUISVILLE KY 40213
Mantle Ridge Lp other: Director by deputization 712 FIFTH AVENUE, SUITE 17F, NEW YORK NY 10019