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SSC Security Services (SSC Security Services) Cyclically Adjusted PB Ratio : 0.57 (As of May. 11, 2024)


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What is SSC Security Services Cyclically Adjusted PB Ratio?

As of today (2024-05-11), SSC Security Services's current share price is $1.885. SSC Security Services's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $3.33. SSC Security Services's Cyclically Adjusted PB Ratio for today is 0.57.

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

SECUF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.54   Med: 0.66   Max: 0.75
Current: 0.59

During the past years, SSC Security Services's highest Cyclically Adjusted PB Ratio was 0.75. The lowest was 0.54. And the median was 0.66.

SECUF's Cyclically Adjusted PB Ratio is ranked better than
81.03% of 659 companies
in the Business Services industry
Industry Median: 1.56 vs SECUF: 0.59

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.

SSC Security Services's adjusted book value per share data for the three months ended in Dec. 2023 was $2.597. 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 $3.33 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SSC Security Services Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SSC Security 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.

SSC Security Services Cyclically Adjusted PB Ratio Chart

SSC Security Services Annual Data
Trend Mar14 Mar15 Mar16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.75 0.61

SSC Security 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 0.67 0.71 0.67 0.61 0.62

Competitive Comparison of SSC Security Services's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, SSC Security 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.


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

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

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



SSC Security 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.

SSC Security Services's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.885/3.33
=0.57

* 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.

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

For example, SSC Security 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)
=2.597/125.4675*125.4675
=2.597

Current CPI (Dec. 2023) = 125.4675.

SSC Security Services Quarterly Data

Book Value per Share CPI Adj_Book
201403 2.655 98.604 3.378
201406 2.669 99.473 3.366
201409 3.443 99.394 4.346
201412 3.271 98.367 4.172
201503 3.066 99.789 3.855
201506 3.412 100.500 4.260
201509 3.175 100.421 3.967
201512 3.178 99.947 3.989
201603 3.225 101.054 4.004
201606 3.306 102.002 4.067
201609 0.000 101.765 0.000
201612 3.172 101.449 3.923
201703 3.013 102.634 3.683
201706 2.888 103.029 3.517
201709 3.107 103.345 3.772
201712 2.967 103.345 3.602
201803 2.922 105.004 3.491
201806 2.864 105.557 3.404
201809 2.803 105.636 3.329
201812 2.684 105.399 3.195
201903 2.656 106.979 3.115
201906 2.625 107.690 3.058
201909 2.864 107.611 3.339
201912 2.833 107.769 3.298
202003 2.691 107.927 3.128
202006 2.976 108.401 3.445
202009 3.009 108.164 3.490
202012 3.122 108.559 3.608
202103 2.980 110.298 3.390
202106 3.094 111.720 3.475
202109 2.951 112.905 3.279
202112 2.892 113.774 3.189
202203 2.892 117.646 3.084
202206 2.870 120.806 2.981
202209 2.700 120.648 2.808
202212 2.645 120.964 2.743
202303 2.605 122.702 2.664
202306 2.662 124.203 2.689
202309 2.590 125.230 2.595
202312 2.597 125.468 2.597

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.


SSC Security Services  (OTCPK:SECUF) 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.


SSC Security Services Cyclically Adjusted PB Ratio Related Terms

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


SSC Security Services (SSC Security Services) Business Description

Traded in Other Exchanges
Address
1914 Hamilton Street, Suite 300, Regina, SK, CAN, S4P 3N6
SSC Security Services Corp is a leading provider of physical and cyber security services to corporate and public sector clients across Canada.

SSC Security Services (SSC Security Services) Headlines

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