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Adecco Group AG (STU:ADI1) Cyclically Adjusted Book per Share : €0.00 (As of Mar. 2024)


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What is Adecco Group AG Cyclically Adjusted Book per Share?

Note: As Cyclically Adjusted Book per Share is a main component used to calculate Cyclically Adjusted PB Ratio. If the month end stock price for this stock is zero, result may not be accurate due to the exchange rate between different shares and the data will not be stored into our database. Selected historical data showed in the calculation section below is only for demostration purpose.

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.

Adecco Group AG's adjusted book value per share for the three months ended in Mar. 2024 was €22.021. 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 €0.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Adecco Group AG's average Cyclically Adjusted Book Growth Rate was -0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.00% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 0.60% 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 Adecco Group AG was 9.60% per year. The lowest was -0.50% per year. And the median was 4.85% per year.

As of today (2024-06-20), Adecco Group AG's current stock price is €52.56. Adecco Group AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €0.00. Adecco Group AG's Cyclically Adjusted PB Ratio of today is .

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adecco Group AG was 3.54. The lowest was 1.09. And the median was 2.44.


Adecco Group AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Adecco Group AG'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.

Adecco Group AG Cyclically Adjusted Book per Share Chart

Adecco Group AG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.83 20.97 26.87 41.93 -

Adecco Group AG 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 38.99 44.20 34.06 - -

Competitive Comparison of Adecco Group AG's Cyclically Adjusted Book per Share

For the Staffing & Employment Services subindustry, Adecco Group AG'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.


Adecco Group AG's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Adecco Group AG 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, Adecco Group AG'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)
=22.021/107.3549*107.3549
=22.021

Current CPI (Mar. 2024) = 107.3549.

Adecco Group AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 19.406 101.517 20.522
201409 21.170 101.247 22.447
201412 22.110 100.704 23.570
201503 23.321 100.339 24.952
201506 21.724 100.464 23.214
201509 18.718 99.785 20.138
201512 19.611 99.386 21.183
201603 19.722 99.475 21.284
201606 18.941 100.088 20.316
201609 19.865 99.604 21.411
201612 21.808 99.380 23.558
201703 22.607 100.040 24.260
201706 20.881 100.285 22.353
201709 20.562 100.254 22.018
201712 21.551 100.213 23.087
201803 21.787 100.836 23.196
201806 21.190 101.435 22.427
201809 22.782 101.246 24.157
201812 21.894 100.906 23.293
201903 22.743 101.571 24.038
201906 21.229 102.044 22.334
201909 22.799 101.396 24.139
201912 24.309 101.063 25.822
202003 21.902 101.048 23.269
202006 19.299 100.743 20.566
202009 19.323 100.585 20.624
202012 19.676 100.241 21.072
202103 21.000 100.800 22.366
202106 19.185 101.352 20.321
202109 21.013 101.533 22.218
202112 22.722 101.776 23.968
202203 24.137 103.205 25.108
202206 22.348 104.783 22.897
202209 23.636 104.835 24.204
202212 23.239 104.666 23.836
202303 23.054 106.245 23.295
202306 20.691 106.576 20.842
202309 21.700 106.570 21.860
202312 21.379 106.461 21.558
202403 22.021 107.355 22.021

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


Adecco Group AG  (STU:ADI1) 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Adecco Group AG was 3.54. The lowest was 1.09. And the median was 2.44.


Be Aware

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


Adecco Group AG Cyclically Adjusted Book per Share Related Terms

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


Adecco Group AG (STU:ADI1) Business Description

Industry
Address
Bellerivestrasse 30, Zurich, CHE, CH-8008
Adecco Group AG is a provider of human capital solutions including Flexible placement, Permanent placement, Career Transition, Outsourcing, Consulting Services in engineering, Digital and IT, Talent services, Training, Up/ Re-skilling and Other services. It is organised into three business units Adecco, Akkodis and LHH. The company provides services to businesses and organisations located throughout Europe, North America, Asia Pacific, South America, and North Africa.

Adecco Group AG (STU:ADI1) Headlines

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