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Boyd Group Services (Boyd Group Services) Cyclically Adjusted PB Ratio : 8.08 (As of May. 01, 2024)


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What is Boyd Group Services Cyclically Adjusted PB Ratio?

As of today (2024-05-01), Boyd Group Services's current share price is $193.2196. Boyd Group Services's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $23.90. Boyd Group Services's Cyclically Adjusted PB Ratio for today is 8.08.

The historical rank and industry rank for Boyd Group Services's Cyclically Adjusted PB Ratio or its related term are showing as below:

BYDGF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.69   Med: 14.54   Max: 20.71
Current: 8.09

During the past years, Boyd Group Services's highest Cyclically Adjusted PB Ratio was 20.71. The lowest was 5.69. And the median was 14.54.

BYDGF's Cyclically Adjusted PB Ratio is ranked worse than
89.09% of 55 companies
in the Personal Services industry
Industry Median: 1.69 vs BYDGF: 8.09

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.

Boyd Group Services's adjusted book value per share data for the three months ended in Dec. 2023 was $38.577. 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 $23.90 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Boyd Group Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Boyd Group Services's Cyclically Adjusted PB Ratio 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.

Boyd Group Services Cyclically Adjusted PB Ratio Chart

Boyd Group Services Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.62 13.69 9.61 7.98 8.76

Boyd Group Services Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted PB Ratio 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 7.98 7.80 8.66 7.89 8.76

Competitive Comparison of Boyd Group Services's Cyclically Adjusted PB Ratio

For the Personal Services subindustry, Boyd Group 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.


Boyd Group Services's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

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

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



Boyd Group Services Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Boyd Group Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=193.2196/23.9
=8.08

* 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.

Boyd Group Services's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Boyd Group Services's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=38.577/125.4675*125.4675
=38.577

Current CPI (Dec. 2023) = 125.4675.

Boyd Group Services Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.177 98.604 6.587
201406 4.269 99.473 5.385
201409 7.668 99.394 9.679
201412 7.160 98.367 9.133
201503 7.245 99.789 9.109
201506 7.498 100.500 9.361
201509 7.922 100.421 9.898
201512 7.938 99.947 9.965
201603 10.344 101.054 12.843
201606 11.023 102.002 13.559
201609 11.184 101.765 13.789
201612 11.553 101.449 14.288
201703 12.036 102.634 14.714
201706 11.834 103.029 14.411
201709 14.473 103.345 17.571
201712 17.924 103.345 21.761
201803 18.735 105.004 22.386
201806 19.164 105.557 22.779
201809 19.750 105.636 23.458
201812 21.152 105.399 25.179
201903 21.248 106.979 24.920
201906 21.615 107.690 25.183
201909 22.149 107.611 25.824
201912 23.530 107.769 27.394
202003 25.147 107.927 29.234
202006 31.043 108.401 35.930
202009 31.865 108.164 36.962
202012 33.144 108.559 38.306
202103 33.497 110.298 38.104
202106 33.999 111.720 38.183
202109 33.669 112.905 37.415
202112 33.831 113.774 37.308
202203 33.920 117.646 36.175
202206 34.166 120.806 35.484
202209 34.122 120.648 35.485
202212 34.770 120.964 36.065
202303 35.644 122.702 36.447
202306 36.935 124.203 37.311
202309 37.631 125.230 37.702
202312 38.577 125.468 38.577

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


Boyd Group Services  (OTCPK:BYDGF) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Boyd Group Services Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Boyd Group Services's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Boyd Group Services (Boyd Group Services) Business Description

Traded in Other Exchanges
Address
1745 Ellice Avenue, Unit C1, Winnipeg, MB, CAN, R3H 1A6
Boyd Group Services Inc is engaged in operating non-franchised collision repair centers in North America. The Company currently operates locations in Canada under the trade name Boyd Autobody & Glass and Assured Automotive, as well as in the U.S. under the trade name Gerber Collision & Glass. The Company is also a retail auto glass operator in the United States, under the trade names Gerber Collision & Glass, Glass America, Auto Glass Service, Auto Glass Authority, and Autoglassonly.com. In addition, the Company operates a third-party administrator, Gerber National Claims Services (GNCS), that offers glass, emergency roadside, and first notice of loss services.

Boyd Group Services (Boyd Group Services) Headlines

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