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US Ecology (STU:3ER) Cyclically Adjusted PB Ratio : (As of May. 21, 2024)


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What is US Ecology Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


US Ecology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for US Ecology'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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US Ecology Cyclically Adjusted PB Ratio Chart

US Ecology Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
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US Ecology Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of US Ecology's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, US Ecology'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.


US Ecology's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, US Ecology's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



US Ecology 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.

US Ecology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, US Ecology's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=18.271/121.3010*121.3010
=18.271

Current CPI (Mar. 2022) = 121.3010.

US Ecology Quarterly Data

Book Value per Share CPI Adj_Book
201206 4.587 96.819 5.747
201209 4.743 97.633 5.893
201212 4.661 96.871 5.836
201303 4.943 98.209 6.105
201306 4.989 98.518 6.143
201309 5.248 98.790 6.444
201312 7.855 98.326 9.690
201403 7.923 99.695 9.640
201406 8.250 100.560 9.952
201409 8.967 100.428 10.831
201412 9.423 99.070 11.538
201503 10.583 99.621 12.886
201506 10.265 100.684 12.367
201509 10.339 100.392 12.492
201512 10.816 99.792 13.147
201603 10.798 100.470 13.037
201606 10.919 101.688 13.025
201609 11.203 101.861 13.341
201612 12.192 101.863 14.519
201703 12.152 102.862 14.330
201706 11.710 103.349 13.744
201709 11.354 104.136 13.226
201712 12.535 104.011 14.619
201803 12.213 105.290 14.070
201806 13.260 106.317 15.129
201809 13.764 106.507 15.676
201812 14.332 105.998 16.401
201903 14.578 107.251 16.488
201906 15.095 108.070 16.943
201909 15.871 108.329 17.771
201912 28.932 108.420 32.369
202003 19.429 108.902 21.641
202006 19.191 108.767 21.402
202009 18.640 109.815 20.590
202012 15.702 109.897 17.331
202103 16.333 111.754 17.728
202106 16.056 114.631 16.990
202109 16.615 115.734 17.414
202112 17.670 117.630 18.222
202203 18.271 121.301 18.271

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.


US Ecology  (STU:3ER) 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.


US Ecology Cyclically Adjusted PB Ratio Related Terms

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US Ecology (STU:3ER) Business Description

Traded in Other Exchanges
N/A
Address
101 S. Capitol Boulevard, Suite 1000, Boise, ID, USA, 83702
US Ecology Inc operates as an environmental service provider to commercial and government entities. The company's operating segments include Waste Solutions, Field Services, and Energy Waste. Waste Solutions provides a broad range of specialty material management services including transportation, recycling, treatment and disposal of hazardous, non-hazardous and radioactive waste; Field Services, provides specialty field services and total waste management solutions to commercial and industrial facilities and to government entities, and Energy Waste provides energy-related services and waste disposal services predominately to upstream energy customers.

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