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Stericycle (STU:SY9) Cyclically Adjusted Book per Share : €31.38 (As of Mar. 2024)


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What is Stericycle 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.

Stericycle's adjusted book value per share for the three months ended in Mar. 2024 was €25.015. 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 €31.38 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Stericycle's average Cyclically Adjusted Book Growth Rate was 3.70% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 7.50% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.90% 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 Stericycle was 17.90% per year. The lowest was 7.50% per year. And the median was 16.10% per year.

As of today (2024-05-24), Stericycle's current stock price is €41.20. Stericycle's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €31.38. Stericycle's Cyclically Adjusted PB Ratio of today is 1.31.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Stericycle was 11.34. The lowest was 1.17. And the median was 2.68.


Stericycle Cyclically Adjusted Book per Share Historical Data

The historical data trend for Stericycle'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.

Stericycle Cyclically Adjusted Book per Share Chart

Stericycle 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 22.51 21.66 26.13 29.95 30.12

Stericycle 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 30.14 29.81 31.84 30.12 31.38

Competitive Comparison of Stericycle's Cyclically Adjusted Book per Share

For the Waste Management subindustry, Stericycle'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.


Stericycle's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Stericycle's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stericycle 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, Stericycle'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)
=25.015/131.7762*131.7762
=25.015

Current CPI (Mar. 2024) = 131.7762.

Stericycle Quarterly Data

Book Value per Share CPI Adj_Book
201406 15.868 100.560 20.794
201409 16.996 100.428 22.301
201412 18.105 99.070 24.082
201503 20.939 99.621 27.698
201506 20.617 100.684 26.984
201509 28.491 100.392 37.398
201512 29.534 99.792 39.000
201603 29.709 100.470 38.966
201606 29.521 101.688 38.256
201609 29.827 101.861 38.587
201612 31.237 101.863 40.410
201703 31.596 102.862 40.477
201706 28.680 103.349 36.569
201709 27.596 104.136 34.921
201712 28.627 104.011 36.269
201803 27.854 105.290 34.861
201806 28.869 106.317 35.782
201809 27.635 106.507 34.192
201812 25.075 105.998 31.173
201903 25.016 107.251 30.737
201906 24.850 108.070 30.301
201909 24.656 108.329 29.993
201912 23.002 108.420 27.957
202003 22.538 108.902 27.272
202006 22.240 108.767 26.945
202009 21.653 109.815 25.983
202012 21.819 109.897 26.163
202103 22.374 111.754 26.383
202106 22.521 114.631 25.889
202109 22.394 115.734 25.498
202112 23.109 117.630 25.888
202203 23.439 121.301 25.463
202206 24.137 125.017 25.442
202209 25.441 125.227 26.772
202212 24.779 125.222 26.076
202303 24.719 127.348 25.579
202306 24.768 128.729 25.354
202309 25.071 129.860 25.441
202312 24.980 129.419 25.435
202403 25.015 131.776 25.015

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


Stericycle  (STU:SY9) 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.

Stericycle's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=41.20/31.38
=1.31

* 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 Stericycle was 11.34. The lowest was 1.17. And the median was 2.68.


Be Aware

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


Stericycle Cyclically Adjusted Book per Share Related Terms

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


Stericycle (STU:SY9) Business Description

Industry
Traded in Other Exchanges
Address
2355 Waukegan Road, Bannockburn, IL, USA, 60015
Stericycle is the largest provider of medical waste disposal and data destruction (primarily paper shredding) services in the United States. Its next closest national competitor in the medical waste disposal space is Sharps Compliance, which generated $76 million of sales in fiscal 2021 before its 2022 acquisition (about 4% of Stericycle's global regulated waste and compliance revenue). Stericycle's data destruction business (Shred-It) is about twice the size of its closest competitor (Iron Mountain's information destruction segment). Stericycle has a global presence, with about 20% of its revenue earned outside North America.

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