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Equifax (NYSE:EFX) Cyclically Adjusted PB Ratio

: 7.64 (As of Today)
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As of today (2023-12-02), Equifax's current share price is $222.12. Equifax's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 was $29.09. Equifax's Cyclically Adjusted PB Ratio for today is 7.64.

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

EFX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 4.64   Med: 7.01   Max: 12.41
Current: 7.48

During the past years, Equifax's highest Cyclically Adjusted PB Ratio was 12.41. The lowest was 4.64. And the median was 7.01.

EFX's Cyclically Adjusted PB Ratio is ranked worse than
90.26% of 657 companies
in the Business Services industry
Industry Median: 1.61 vs EFX: 7.48

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.

Equifax's adjusted book value per share data for the three months ended in Sep. 2023 was $34.848. 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 $29.09 for the trailing ten years ended in Sep. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Equifax Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Equifax'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.

Equifax Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.69 6.65 8.85 11.97 7.14

Equifax Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Cyclically Adjusted PB Ratio 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 Premium Member Only Premium Member Only Premium Member Only 6.37 7.14 7.25 8.24 6.30

Competitive Comparison

For the Consulting Services subindustry, Equifax'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.


Equifax Cyclically Adjusted PB Ratio Distribution

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

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



Equifax 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=222.12/29.09
=7.64

* 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.

Equifax's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Equifax's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=34.848/129.8595*129.8595
=34.848

Current CPI (Sep. 2023) = 129.8595.

Equifax Quarterly Data

Book Value per Share CPI Adj_Book
201312 18.874 98.326 24.927
201403 19.305 99.695 25.146
201406 19.731 100.560 25.480
201409 19.385 100.428 25.066
201412 18.426 99.070 24.153
201503 18.045 99.621 23.522
201506 18.338 100.684 23.652
201509 18.833 100.392 24.361
201512 19.468 99.792 25.334
201603 20.902 100.470 27.016
201606 21.303 101.688 27.205
201609 22.846 101.861 29.126
201612 22.097 101.863 28.170
201703 24.027 102.862 30.333
201706 25.091 103.349 31.527
201709 25.837 104.136 32.219
201712 26.431 104.011 33.000
201803 27.086 105.290 33.407
201806 26.766 106.317 32.693
201809 26.405 106.507 32.195
201812 25.769 105.998 31.570
201903 21.206 107.251 25.676
201906 21.037 108.070 25.279
201909 20.775 108.329 24.904
201912 21.276 108.420 25.483
202003 19.658 108.902 23.441
202006 22.174 108.767 26.474
202009 24.087 109.815 28.484
202012 26.013 109.897 30.738
202103 27.264 111.754 31.681
202106 28.411 114.631 32.185
202109 28.868 115.734 32.391
202112 29.356 117.630 32.408
202203 31.350 121.301 33.562
202206 31.087 125.017 32.291
202209 30.711 125.227 31.847
202212 32.298 125.222 33.494
202303 33.148 127.348 33.802
202306 34.158 128.729 34.458
202309 34.848 129.860 34.848

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.


Equifax  (NYSE:EFX) 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.


Equifax Cyclically Adjusted PB Ratio Related Terms

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


Equifax (NYSE:EFX) Business Description

Industry
Traded in Other Exchanges
Address
1550 Peachtree Street N.W., Atlanta, GA, USA, 30309
Along with Experian and TransUnion, Equifax is one of the leading credit bureaus in the United States. Equifax's credit reports provide credit histories on millions of consumers, and the firm's services are critical to lenders' credit decisions. In addition, about a third of the firm's revenue comes from workforce solutions, which provides income verification and employer human resources services. Equifax generates over 20% of its revenue from outside the United States.
Executives
Todd Michael Horvath officer: EVP, President USIS EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Karen Linn Fichuk director EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Lisa M Nelson officer: President-International EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Audrey B Tillman director 1932 WYNNTON RD, COLUMBUS GA 31999
Melissa D Goodwin director C/O WRIGHT EXPRESS CORPORATION, 97 DARLING AVENUE, SOUTH PORTLAND ME 04106
Sunil Bindal officer: SVP, Corp Development EQUIFAX INC., 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Lindsay B Parker officer: Chief Marketing Officer EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Beverly J Anderson officer: Pres-Global Consumer Solutions 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Elane B Stock director 351 PHELPS DRIVE, IRVING TX 75038
G. Thomas Hough director P.O. BOX 407, LAKELAND FL 33802
John A Mckinley director C/O EQUIFAX INC, 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Robert D Marcus director C/O TIME WARNER CABLE INC., 60 COLUMBUS CIRCLE, 17TH FLOOR, NEW YORK NY 10023
Robert W Selander director MASTERCARD INTERNATIONAL, 2000 PURCHASE STREET, PURCHASE NY 10577
Heather H Wilson director 1550 PEACHTREE STREET NW, ATLANTA GA 30309
Carla Chaney officer: CVP & Chief HR Officer 5302 LAKE VIEW CLUB, DUNWOODY GA 30338