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Impellam Group (LSE:IPEL) Cyclically Adjusted PB Ratio : 1.66 (As of May. 23, 2024)


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What is Impellam Group Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Impellam Group's current share price is £8.75. Impellam Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 was £5.26. Impellam Group's Cyclically Adjusted PB Ratio for today is 1.66.

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

LSE:IPEL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 1.14   Max: 1.91
Current: 1.66

During the past 13 years, Impellam Group's highest Cyclically Adjusted PB Ratio was 1.91. The lowest was 0.54. And the median was 1.14.

LSE:IPEL's Cyclically Adjusted PB Ratio is ranked worse than
51.21% of 662 companies
in the Business Services industry
Industry Median: 1.58 vs LSE:IPEL: 1.66

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.

Impellam Group's adjusted book value per share data of for the fiscal year that ended in Dec22 was £5.249. 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 £5.26 for the trailing ten years ended in Dec22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Impellam Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Impellam Group'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.

Impellam Group Cyclically Adjusted PB Ratio Chart

Impellam Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.53 0.89 0.54 1.04 1.27

Impellam Group Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - 1.04 - 1.27 -

Competitive Comparison of Impellam Group's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Impellam Group'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.


Impellam Group's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



Impellam Group 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=8.75/5.26
=1.66

* 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.

Impellam Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec22 is calculated as:

For example, Impellam Group's adjusted Book Value per Share data for the fiscal year that ended in Dec22 was:

Adj_Book=Book Value per Share/CPI of Dec22 (Change)*Current CPI (Dec22)
=5.249/125.3000*125.3000
=5.249

Current CPI (Dec22) = 125.3000.

Impellam Group Annual Data

Book Value per Share CPI Adj_Book
201312 2.554 99.200 3.226
201412 3.192 99.900 4.004
201512 3.875 100.400 4.836
201612 4.902 102.200 6.010
201712 5.107 105.000 6.094
201812 5.349 107.100 6.258
201912 5.214 108.500 6.021
202012 4.771 109.400 5.464
202112 4.937 114.700 5.393
202212 5.249 125.300 5.249

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.


Impellam Group  (LSE:IPEL) 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.


Impellam Group Cyclically Adjusted PB Ratio Related Terms

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


Impellam Group (LSE:IPEL) Business Description

Traded in Other Exchanges
Address
800 The Boulevard, Capability Green, Luton, Bedfordshire, GBR, LU1 3BA
Impellam Group PLC provides managed and specialist staffing services. The company operates in four segments namely Global Managed Services, STEM, Regional Specialist Staffing and Healthcare. Some of its Brands are Guidant Global, Comensura, SRG, Lorien, Carbon60, Blue Arrow, Tate, and Coestaff. Its geographical segments are the United Kingdom, Europe, North America, and Australasia.

Impellam Group (LSE:IPEL) Headlines

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