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Aramark (LTS:0HHB) Cyclically Adjusted PB Ratio : 2.63 (As of May. 20, 2024)


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What is Aramark Cyclically Adjusted PB Ratio?

As of today (2024-05-20), Aramark's current share price is $33.33. Aramark's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $12.66. Aramark's Cyclically Adjusted PB Ratio for today is 2.63.

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

LTS:0HHB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.93   Med: 2.35   Max: 2.83
Current: 2.63

During the past years, Aramark's highest Cyclically Adjusted PB Ratio was 2.83. The lowest was 1.93. And the median was 2.35.

LTS:0HHB's Cyclically Adjusted PB Ratio is ranked worse than
67.07% of 659 companies
in the Business Services industry
Industry Median: 1.56 vs LTS:0HHB: 2.63

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.

Aramark's adjusted book value per share data for the three months ended in Mar. 2024 was $10.997. 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 $12.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Aramark Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Aramark'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.

Aramark Cyclically Adjusted PB Ratio Chart

Aramark Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.95 2.01

Aramark 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 2.20 2.57 2.01 2.26 2.56

Competitive Comparison of Aramark's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Aramark'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.


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

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

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



Aramark 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.

Aramark's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.33/12.66
=2.63

* 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.

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

For example, Aramark'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)
=10.997/131.7762*131.7762
=10.997

Current CPI (Mar. 2024) = 131.7762.

Aramark Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.393 100.560 9.688
201409 7.345 100.428 9.638
201412 7.441 99.070 9.898
201503 7.615 99.621 10.073
201506 7.804 100.684 10.214
201509 7.850 100.392 10.304
201512 8.147 99.792 10.758
201603 8.456 100.470 11.091
201606 8.583 101.688 11.123
201609 8.831 101.861 11.425
201612 9.097 101.863 11.768
201703 9.179 102.862 11.759
201706 9.480 103.349 12.088
201709 10.013 104.136 12.671
201712 11.078 104.011 14.035
201803 11.359 105.290 14.216
201806 11.547 106.317 14.312
201809 12.278 106.507 15.191
201812 13.087 105.998 16.270
201903 13.131 107.251 16.134
201906 13.309 108.070 16.229
201909 13.400 108.329 16.300
201912 13.803 108.420 16.776
202003 12.548 108.902 15.184
202006 11.447 108.767 13.869
202009 10.812 109.815 12.974
202012 10.542 109.897 12.641
202103 10.291 111.754 12.135
202106 10.525 114.631 12.099
202109 10.636 115.734 12.110
202112 10.844 117.630 12.148
202203 11.290 121.301 12.265
202206 11.312 125.017 11.924
202209 11.710 125.227 12.322
202212 12.072 125.222 12.704
202303 12.218 127.348 12.643
202306 13.608 128.729 13.930
202309 14.200 129.860 14.410
202312 10.850 129.419 11.048
202403 10.997 131.776 10.997

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.


Aramark  (LTS:0HHB) 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.


Aramark Cyclically Adjusted PB Ratio Related Terms

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


Aramark (LTS:0HHB) Business Description

Industry
Traded in Other Exchanges
Address
2400 Market Street, Philadelphia, PA, USA, 19103
Aramark provides food, facilities, and uniform services to a variety of clients and institutions. The majority of company revenue comes from its North American food and support services segment. Smaller but substantial segments include food and support services international, food and support services united states and uniform and career apparel. The food and support services segments provide food for school districts; colleges; healthcare facilities; correctional institutions; and business, sports, and entertainment venues. The uniform segment rents, delivers, cleans, and maintains work clothes and ancillary items like towels and mats to customers in North America and Japan. The company has hundreds of service locations and distribution centers across the United States and Canada.

Aramark (LTS:0HHB) Headlines

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