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CRA International (FRA:CR2) Cyclically Adjusted PB Ratio : 5.51 (As of May. 22, 2024)


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What is CRA International Cyclically Adjusted PB Ratio?

As of today (2024-05-22), CRA International's current share price is €158.00. CRA International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €28.69. CRA International's Cyclically Adjusted PB Ratio for today is 5.51.

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

FRA:CR2' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 1.63   Max: 5.54
Current: 5.54

During the past years, CRA International's highest Cyclically Adjusted PB Ratio was 5.54. The lowest was 0.68. And the median was 1.63.

FRA:CR2's Cyclically Adjusted PB Ratio is ranked worse than
85.8% of 662 companies
in the Business Services industry
Industry Median: 1.58 vs FRA:CR2: 5.54

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.

CRA International's adjusted book value per share data for the three months ended in Mar. 2024 was €28.283. 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 €28.69 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CRA International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CRA International'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.

CRA International Cyclically Adjusted PB Ratio Chart

CRA International 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 2.08 1.93 3.34 4.16 3.24

CRA International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 3.60 3.37 3.29 3.24 4.81

Competitive Comparison of CRA International's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, CRA International'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.


CRA International's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



CRA International 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.

CRA International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=158.00/28.69
=5.51

* 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.

CRA International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, CRA International'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)
=28.283/131.7762*131.7762
=28.283

Current CPI (Mar. 2024) = 131.7762.

CRA International Quarterly Data

Book Value per Share CPI Adj_Book
201406 17.064 100.560 22.361
201409 18.129 100.428 23.788
201412 18.814 99.070 25.025
201503 21.496 99.621 28.434
201506 21.248 100.684 27.810
201509 21.574 100.392 28.319
201512 21.942 99.792 28.974
201603 21.700 100.470 28.462
201606 22.004 101.688 28.515
201609 22.448 101.861 29.041
201612 23.572 101.863 30.494
201703 23.567 102.862 30.192
201706 22.625 103.349 28.848
201709 21.604 104.136 27.338
201712 21.072 104.011 26.697
201803 20.119 105.290 25.180
201806 20.930 106.317 25.942
201809 21.282 106.507 26.331
201812 21.559 105.998 26.802
201903 21.875 107.251 26.877
201906 22.029 108.070 26.861
201909 22.659 108.329 27.563
201912 22.774 108.420 27.680
202003 22.911 108.902 27.723
202006 23.082 108.767 27.965
202009 22.421 109.815 26.905
202012 22.332 109.897 26.778
202103 23.273 111.754 27.443
202106 22.373 114.631 25.719
202109 23.477 115.734 26.731
202112 24.741 117.630 27.716
202203 25.882 121.301 28.117
202206 26.264 125.017 27.684
202209 28.511 125.227 30.002
202212 27.879 125.222 29.338
202303 26.264 127.348 27.177
202306 26.857 128.729 27.493
202309 27.921 129.860 28.333
202312 28.049 129.419 28.560
202403 28.283 131.776 28.283

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.


CRA International  (FRA:CR2) 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.


CRA International Cyclically Adjusted PB Ratio Related Terms

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


CRA International (FRA:CR2) Business Description

Traded in Other Exchanges
Address
200 Clarendon Street, Boston, MA, USA, 02116-5092
CRA International Inc is a U.S.-based advisory firm that provides economic, financial, and management consultancy services. The company advises clients on economic and financial issues relating to litigation and regulatory proceedings and helps businesses set important business strategies and solve performance-related issues. The company's clients include domestic and foreign companies, government agencies, public and private utilities, and national and international trade associations. CRA International generates almost all its revenue from the United States and the United Kingdom.

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