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Pacer International, (FRA:PA1) Cyclically Adjusted PB Ratio : (As of May. 22, 2024)


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What is Pacer International, Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Pacer International, Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Pacer 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.

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Pacer International, Cyclically Adjusted PB Ratio Chart

Pacer International, Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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Pacer International, Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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Competitive Comparison of Pacer International,'s Cyclically Adjusted PB Ratio

For the Integrated Freight & Logistics subindustry, Pacer 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.


Pacer International,'s Cyclically Adjusted PB Ratio Distribution in the Transportation Industry

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

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



Pacer 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.

Pacer International,'s Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2013 is calculated as:

For example, Pacer International,'s adjusted Book Value per Share data for the three months ended in Dec. 2013 was:

Adj_Book=Book Value per Share/CPI of Dec. 2013 (Change)*Current CPI (Dec. 2013)
=2.682/98.3259*98.3259
=2.682

Current CPI (Dec. 2013) = 98.3259.

Pacer International, Quarterly Data

Book Value per Share CPI Adj_Book
200403 4.824 79.066 5.999
200406 5.076 80.037 6.236
200409 5.318 80.121 6.526
200412 5.173 80.290 6.335
200503 5.522 81.555 6.658
200506 6.106 82.062 7.316
200509 6.251 83.876 7.328
200512 6.785 83.032 8.035
200603 6.872 84.298 8.016
200606 6.765 85.606 7.770
200609 6.552 85.606 7.526
200612 6.809 85.142 7.863
200703 6.661 86.640 7.559
200706 5.986 87.906 6.696
200709 5.925 87.964 6.623
200712 6.029 88.616 6.690
200803 5.828 90.090 6.361
200806 5.995 92.320 6.385
200809 6.805 92.307 7.249
200812 5.759 88.697 6.384
200903 2.053 89.744 2.249
200906 1.771 91.003 1.914
200909 1.720 91.120 1.856
200912 1.909 91.111 2.060
201003 2.057 91.821 2.203
201006 2.308 91.962 2.468
201009 2.182 92.162 2.328
201012 2.128 92.474 2.263
201103 2.052 94.283 2.140
201106 2.094 95.235 2.162
201109 2.354 95.727 2.418
201112 2.497 95.213 2.579
201203 2.487 96.783 2.527
201206 2.649 96.819 2.690
201209 2.609 97.633 2.628
201212 2.611 96.871 2.650
201303 2.652 98.209 2.655
201306 2.661 98.518 2.656
201309 2.698 98.790 2.685
201312 2.682 98.326 2.682

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.


Pacer International,  (FRA:PA1) 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.


Pacer International, Cyclically Adjusted PB Ratio Related Terms

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Pacer International, (FRA:PA1) Business Description

Traded in Other Exchanges
N/A
Address
Pacer International, Inc., is an asset-light transportation and global logistics services provider. The Company provide its services from two operating segments, an intermodal segment, which provides intermodal transportation services mainly to beneficial cargo owners, transportation intermediaries and steamship lines who use intermodal transportation, and the logistics segment, which provides highway brokerage, supply chain management services, international freight forwarding, ocean shipping, and warehousing and distribution services to a wide variety of end-user customers. Intermodal segment offers full service door-to-door intermodal services to its customers, which include end-user customers, transportation intermediaries, such as intermodal marketing companies, and steamship lines. The Company logistics segment consists of: Highway brokerage services; International freight forwarding and NVOCC services; Warehousing and Distribution services; and Supply Chain Management services. The Company provides transportation and logistics services to many Fortune 500 and multi-national companies as well as to numerous other shippers and transportation third parties. The Company has direct sales and customer service representatives in its intermodal and logistics segments that sell and support its portfolio of services to a diverse customer base which includes beneficial cargo owners, steamship lines, truckload carriers, truck brokers, freight forwarders and other third party transportation service providers such as intermodal marketing companies, third-party logistics companies, and shippers' agents. The Company's main competitors are J.B. Hunt Transport, Schneider National, the Hub Group, C.H. Robinson, the supply chain solutions divisions of Ryder and Menlo Worldwide, Expeditors International and UTi Worldwide, Inc. The Company's facilities and operations are subject to federal, state and local environmental, hazardous materials transportation and occupational health and safety requirements, including those relating to the handling, labeling, shipping and transportation of hazardous materials, discharges of substances into the air, water and land, the handling, storage and disposal of wastes and the cleanup of properties affected by pollutants.

Pacer International, (FRA:PA1) Headlines

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