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Aramark (FRA:0AK) Cyclically Adjusted Book per Share : €11.70 (As of Mar. 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 Mar. 2024 was €10.117. 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 €11.70 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Aramark's average Cyclically Adjusted Book Growth Rate was 7.80% 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 (2024-05-21), Aramark's current stock price is €30.20. Aramark's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.70. Aramark's Cyclically Adjusted PB Ratio of today is 2.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Aramark was 2.83. The lowest was 1.93. And the median was 2.35.


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 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 11.73 11.66

Aramark Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 10.75 11.06 11.66 11.06 11.70

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 Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=10.117/131.7762*131.7762
=10.117

Current CPI (Mar. 2024) = 131.7762.

Aramark Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.441 100.560 7.130
201409 5.700 100.428 7.479
201412 6.034 99.070 8.026
201503 7.036 99.621 9.307
201506 6.953 100.684 9.100
201509 6.994 100.392 9.180
201512 7.479 99.792 9.876
201603 7.593 100.470 9.959
201606 7.639 101.688 9.899
201609 7.868 101.861 10.179
201612 8.624 101.863 11.157
201703 8.583 102.862 10.996
201706 8.437 103.349 10.758
201709 8.401 104.136 10.631
201712 9.361 104.011 11.860
201803 9.212 105.290 11.529
201806 9.884 106.317 12.251
201809 10.522 106.507 13.018
201812 11.504 105.998 14.302
201903 11.621 107.251 14.278
201906 11.779 108.070 14.363
201909 12.168 108.329 14.802
201912 12.422 108.420 15.098
202003 11.356 108.902 13.741
202006 10.165 108.767 12.315
202009 9.180 109.815 11.016
202012 8.665 109.897 10.390
202103 8.645 111.754 10.194
202106 8.736 114.631 10.043
202109 9.041 115.734 10.294
202112 9.597 117.630 10.751
202203 10.251 121.301 11.136
202206 10.702 125.017 11.281
202209 11.827 125.227 12.446
202212 11.396 125.222 11.992
202303 11.411 127.348 11.808
202306 12.560 128.729 12.857
202309 13.306 129.860 13.502
202312 9.949 129.419 10.130
202403 10.117 131.776 10.117

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


Aramark  (FRA:0AK) 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
=30.20/11.7
=2.58

* 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 2.83. The lowest was 1.93. And the median was 2.35.


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 (FRA:0AK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Aramark (FRA:0AK) » Definitions » Cyclically Adjusted Book per Share
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.

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