BBSI (Barrett Business Services) Cyclically Adjusted Book per Share: $6.61 (As of Mar. 2026)


BBSI Barrett Business Services Inc BBSI
77 GF Score
Price $37.98
GF Value $40.46
Valuation Fairly Valued
! 1 Warning Sign
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What is Barrett Business Services Cyclically Adjusted Book per Share?

Barrett Business Services BBSI +0.53% 77 Cyclically Adjusted Book per Share is $6.61 as of Mar. 2026. GuruFocus rates BBSI with a GF Score™ of 77/100 and a GF Value™ of $40.46 (Fairly Valued). The stock has 1 warning sign investors should review.

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. 2026 was $8.375. 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 $6.61 for the trailing ten years ended in Mar. 2026.

During the past 12 months, Barrett Business Services's average Cyclically Adjusted Book Growth Rate was 15.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 14.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 15.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.60% 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 10.90% per year.

As of today (2026-07-04), Barrett Business Services's current stock price is $37.975. Barrett Business Services's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2026 was $6.61. Barrett Business Services's Cyclically Adjusted PB Ratio of today is 5.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Barrett Business Services was 10.27. The lowest was 3.07. And the median was 5.98.


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
=37.975/6.61
=5.75

* 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 3.07. And the median was 5.98.


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


Barrett Business Services Cyclically Adjusted Book per Share Historical Data

* Premium members only.

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.

Barrett Business Services Cyclically Adjusted Book per Share Chart

Barrett Business Services Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.61 4.25 4.80 5.49 6.33

Barrett Business Services Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 5.73 5.96 6.17 6.33 6.61

BBSI vs KFRC, KELYA, TBI: Cyclically Adjusted Book per Share Comparison

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 Cyclically Adjusted PB Ratio vs 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.


BBSI
77GF Score
Barrett Business Services Inc BBSI
Cyclically Adjusted Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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. 2026 was:

Adj_Book= Book Value per Share /CPI of Mar. 2026 (Change)*Current CPI (Mar. 2026)
=8.375/330.2130*330.2130
=8.375

Current CPI (Mar. 2026) = 330.2130.

Barrett Business Services Quarterly Data

Book Value per Share CPI Adj_Book
201606 1.848 241.018 2.532
201609 2.153 241.428 2.945
201612 2.405 241.432 3.289
201703 1.984 243.801 2.687
201706 2.338 244.955 3.152
201709 2.762 246.819 3.695
201712 3.042 246.524 4.075
201803 2.581 249.554 3.415
201806 2.902 251.989 3.803
201809 3.385 252.439 4.428
201812 4.024 251.233 5.289
201903 4.044 254.202 5.253
201906 4.635 256.143 5.975
201909 5.343 256.759 6.872
201912 5.716 256.974 7.345
202003 5.372 258.115 6.873
202006 5.919 257.797 7.582
202009 6.451 260.280 8.184
202012 6.550 260.474 8.304
202103 6.106 264.877 7.612
202106 6.627 271.696 8.054
202109 6.916 274.310 8.325
202112 7.031 278.802 8.328
202203 6.348 287.504 7.291
202206 5.965 296.311 6.647
202209 6.154 296.808 6.847
202212 6.471 296.797 7.200
202303 6.378 301.836 6.978
202306 6.655 305.109 7.203
202309 6.818 307.789 7.315
202312 7.575 306.746 8.155
202403 7.252 312.332 7.667
202406 7.667 314.175 8.058
202409 8.304 315.301 8.697
202412 8.587 315.605 8.984
202503 8.309 319.799 8.580
202506 8.857 322.561 9.067
202509 9.372 324.800 9.528
202512 9.571 324.054 9.753
202603 8.375 330.213 8.375

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

What does a Cyclically Adjusted Book per Share of $6.61 mean?
Barrett Business Services (BBSI) has a Cyclically Adjusted Book per Share of $6.61 as of Mar. 2026. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Barrett Business Services and its competitors.
Is Barrett Business Services' Cyclically Adjusted Book per Share too high?
Barrett Business Services' current Cyclically Adjusted Book per Share is $6.61. Overall, Barrett Business Services has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Barrett Business Services' Cyclically Adjusted Book per Share compare to KFRC and KELYA?
Barrett Business Services' Cyclically Adjusted Book per Share of $6.61 can be compared against companies in the Business Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Cyclically Adjusted Book per Share for a Business Services company?
A good Cyclically Adjusted Book per Share depends on the Business Services industry context. However, Cyclically Adjusted Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Cyclically Adjusted Book per Share mean?
A high Cyclically Adjusted Book per Share can signal that a stock is expensive relative to its fundamentals. Cyclically adjusted book value per share represents the company's inflation-adjusted book value per share over a 10-year period. View historical data on Barrett Business Services and its competitors. Barrett Business Services's current Cyclically Adjusted Book per Share is $6.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrett Business Services stock overvalued right now?
Based on GuruFocus' analysis, Barrett Business Services (BBSI) is currently considered Fairly Valued. The stock's GF Value™ is $40.46, compared to a current price of $37.98 — trading 6.1% below its estimated fair value. The current Cyclically Adjusted Book per Share is $6.61. Barrett Business Services' overall GF Score™ is 77/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Cyclically Adjusted Book per Share calculated?
Cyclically Adjusted Book per Share is calculated from a company's financial statements. For Barrett Business Services (BBSI), the current Cyclically Adjusted Book per Share is $6.61 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Barrett Business Services (BBSI) Overvalued in 2026?

Based on GuruFocus' analysis, Barrett Business Services stock appears to be undervalued. The current stock price of $37.98 is trading 6.1% below its estimated GF Value™ of $40.46. GuruFocus considers Barrett Business Services to be Fairly Valued.

Key valuation signals for BBSI:

  • Cyclically Adjusted Book per Share: $6.61
  • GF Value™: $40.46 vs. price of $37.98 (6.1% below fair value)
  • GF Score™: 77/100 with 1 warning sign

No single metric tells the full story. See the BBSI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Barrett Business Services Business Description

Other Exchanges BB1:Germany
Address 8100 NE Parkway Drive, Suite 200, Vancouver, WA, USA, 98662
Barrett Business Services Inc is a provider of business management solutions for small and mid-sized companies through a platform that combines management consulting expertise with human resource tools to help business owners manage and operate their businesses more effectively. The company has two categories of services: Professional Employer Services (PEO) and Staffing. The majority of revenue is derived from the Professional Employer Services segment, which provides clients with human resource advisory services, HRIS access, retirement plans, a learning management system, and a web-based technology platform, myBBSI.
77GF Score

Get the complete analysis for BBSI

Cyclically Adjusted Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$37.98
Price
$40.46
GF Value