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Park Lawn (STU:PL2) Cyclically Adjusted Book per Share : €11.00 (As of Mar. 2024)


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What is Park Lawn 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.

Park Lawn's adjusted book value per share for the three months ended in Mar. 2024 was €14.698. 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 €11.00 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Park Lawn's average Cyclically Adjusted Book Growth Rate was 16.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 23.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 26.40% 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 Park Lawn was 40.20% per year. The lowest was 23.40% per year. And the median was 29.50% per year.

As of today (2024-06-25), Park Lawn's current stock price is €17.60. Park Lawn's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €11.00. Park Lawn's Cyclically Adjusted PB Ratio of today is 1.60.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Park Lawn was 8.17. The lowest was 0.99. And the median was 3.86.


Park Lawn Cyclically Adjusted Book per Share Historical Data

The historical data trend for Park Lawn'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.

Park Lawn Cyclically Adjusted Book per Share Chart

Park Lawn 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 - - - 9.01 10.54

Park Lawn 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 9.31 9.63 10.67 10.54 11.00

Competitive Comparison of Park Lawn's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Park Lawn'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.


Park Lawn's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Park Lawn's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Park Lawn 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, Park Lawn'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)
=14.698/126.2576*126.2576
=14.698

Current CPI (Mar. 2024) = 126.2576.

Park Lawn Quarterly Data

Book Value per Share CPI Adj_Book
201406 1.957 99.473 2.484
201409 2.534 99.394 3.219
201412 2.531 98.367 3.249
201503 2.843 99.789 3.597
201506 2.811 100.500 3.531
201509 2.648 100.421 3.329
201512 2.625 99.947 3.316
201603 3.940 101.054 4.923
201606 3.938 102.002 4.874
201609 4.026 101.765 4.995
201612 6.140 101.449 7.642
201703 6.099 102.634 7.503
201706 7.708 103.029 9.446
201709 7.890 103.345 9.639
201712 7.923 103.345 9.680
201803 8.045 105.004 9.673
201806 10.751 105.557 12.859
201809 10.819 105.636 12.931
201812 11.129 105.399 13.331
201903 11.235 106.979 13.260
201906 11.917 107.690 13.972
201909 12.263 107.611 14.388
201912 12.032 107.769 14.096
202003 12.345 107.927 14.442
202006 12.061 108.401 14.048
202009 11.523 108.164 13.451
202012 11.166 108.559 12.986
202103 11.465 110.298 13.124
202106 11.438 111.720 12.926
202109 13.293 112.905 14.865
202112 14.086 113.774 15.632
202203 14.630 117.646 15.701
202206 15.334 120.806 16.026
202209 16.460 120.648 17.225
202212 15.342 120.964 16.013
202303 15.250 122.702 15.692
202306 15.138 124.203 15.388
202309 15.392 125.230 15.518
202312 14.539 125.072 14.677
202403 14.698 126.258 14.698

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


Park Lawn  (STU:PL2) 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.

Park Lawn's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=17.60/11
=1.60

* 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 Park Lawn was 8.17. The lowest was 0.99. And the median was 3.86.


Be Aware

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


Park Lawn Cyclically Adjusted Book per Share Related Terms

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


Park Lawn (STU:PL2) Business Description

Industry
Traded in Other Exchanges
Address
2 St. Clair Avenue West, Suite 705, Toronto, ON, CAN, M4T 2T5
Park Lawn Corp provides goods and services associated with the disposition and memorialization of remains in Canada and the United States. It owns and operates cemeteries, crematoriums, and funeral homes, and funeral services business. The entity generates revenue from the sale of cemetery property interment rights, cemetery services and merchandise sales, and funeral services and merchandise sales. It operates in the United States and Canada, of which key revenue is generated from the United States.

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