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BBSI (Barrett Business Services) Cyclically Adjusted Book per Share : $5.73 (As of Mar. 2025)


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What is Barrett Business Services 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.

Barrett Business Services's adjusted book value per share for the three months ended in Mar. 2025 was $8.309. 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 $5.73 for the trailing ten years ended in Mar. 2025.

During the past 12 months, Barrett Business Services's average Cyclically Adjusted Book Growth Rate was -100.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.90% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 9.60% 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.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Barrett Business Services was 16.90% per year. The lowest was -0.10% per year. And the median was 10.65% per year.

As of today (2025-05-13), Barrett Business Services's current stock price is $41.695. Barrett Business Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $5.73. Barrett Business Services's Cyclically Adjusted PB Ratio of today is 7.28.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Barrett Business Services was 10.27. The lowest was 2.93. And the median was 5.85.


Barrett Business Services Cyclically Adjusted Book per Share Historical Data

The historical data trend for Barrett Business Services'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.

Barrett Business Services Cyclically Adjusted Book per Share Chart

Barrett Business Services Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 3.61 4.25 4.80 5.49

Barrett Business Services Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 4.99 5.12 5.31 5.49 5.73

Competitive Comparison of Barrett Business Services's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Barrett Business 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.


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

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

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


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Barrett Business Services 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, Barrett Business Services's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book= Book Value per Share /CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=8.309/134.9266*134.9266
=8.309

Current CPI (Mar. 2025) = 134.9266.

Barrett Business Services Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.402 100.684 1.879
201509 1.753 100.392 2.356
201512 1.893 99.792 2.559
201603 1.583 100.470 2.126
201606 1.848 101.688 2.452
201609 2.153 101.861 2.852
201612 2.405 101.863 3.186
201703 1.984 102.862 2.602
201706 2.338 103.349 3.052
201709 2.762 104.136 3.579
201712 3.042 104.011 3.946
201803 2.581 105.290 3.308
201806 2.902 106.317 3.683
201809 3.385 106.507 4.288
201812 4.024 105.998 5.122
201903 4.044 107.251 5.088
201906 4.635 108.070 5.787
201909 5.343 108.329 6.655
201912 5.716 108.420 7.113
202003 5.372 108.902 6.656
202006 5.919 108.767 7.343
202009 6.451 109.815 7.926
202012 6.550 109.897 8.042
202103 6.106 111.754 7.372
202106 6.627 114.631 7.800
202109 6.916 115.734 8.063
202112 7.031 117.630 8.065
202203 6.348 121.301 7.061
202206 5.965 125.017 6.438
202209 6.154 125.227 6.631
202212 6.471 125.222 6.973
202303 6.378 127.348 6.758
202306 6.655 128.729 6.975
202309 6.818 129.860 7.084
202312 7.575 129.419 7.897
202403 7.252 131.776 7.425
202406 7.667 132.554 7.804
202409 8.304 133.029 8.422
202412 8.587 133.157 8.701
202503 8.309 134.927 8.309

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


Barrett Business Services  (NAS:BBSI) 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.

Barrett Business Services's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.695/5.73
=7.28

* 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 Barrett Business Services was 10.27. The lowest was 2.93. And the median was 5.85.


Be Aware

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


Barrett Business Services Cyclically Adjusted Book per Share Related Terms

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


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 tax 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
Thomas B. Cusick director 14375 NW SCIENCE PARK DR., PORTLAND OR 97229
Thomas J Carley director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Joseph Stephen Clabby director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Gary Kramer officer: VP - Finance, Treas. & Sec. 8100 N.E. 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
Anthony Meeker director 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662
Carla A Moradi director 8100 N.E. 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
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
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
Michael L Elich officer: VP and Chief Operating Officer 8100 NE PARKWAY DRIVE, SUITE 200, VANCOUVER WA 98662