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Huron Consulting Group (Huron Consulting Group) Cyclically Adjusted PB Ratio : 3.03 (As of Apr. 27, 2024)


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What is Huron Consulting Group Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Huron Consulting Group's current share price is $93.63. Huron Consulting Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $30.86. Huron Consulting Group's Cyclically Adjusted PB Ratio for today is 3.03.

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

HURN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.41   Med: 2.33   Max: 5.37
Current: 3.04

During the past years, Huron Consulting Group's highest Cyclically Adjusted PB Ratio was 5.37. The lowest was 1.41. And the median was 2.33.

HURN's Cyclically Adjusted PB Ratio is ranked worse than
71.52% of 646 companies
in the Business Services industry
Industry Median: 1.53 vs HURN: 3.04

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.

Huron Consulting Group's adjusted book value per share data for the three months ended in Dec. 2023 was $28.861. 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 $30.86 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Huron Consulting Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Huron Consulting 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.

Huron Consulting Group Cyclically Adjusted PB Ratio Chart

Huron Consulting Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.80 2.32 1.81 2.44 3.33

Huron Consulting Group 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 2.44 2.65 2.77 3.36 3.33

Competitive Comparison of Huron Consulting Group's Cyclically Adjusted PB Ratio

For the Consulting Services subindustry, Huron Consulting 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.


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

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

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



Huron Consulting 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=93.63/30.86
=3.03

* 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.

Huron Consulting Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Huron Consulting Group'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)
=28.861/129.4194*129.4194
=28.861

Current CPI (Dec. 2023) = 129.4194.

Huron Consulting Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 24.241 99.695 31.469
201406 25.093 100.560 32.295
201409 25.728 100.428 33.155
201412 26.252 99.070 34.294
201503 26.332 99.621 34.208
201506 27.282 100.684 35.068
201509 28.249 100.392 36.417
201512 28.959 99.792 37.557
201603 27.931 100.470 35.979
201606 28.781 101.688 36.630
201609 29.414 101.861 37.372
201612 29.839 101.863 37.911
201703 30.089 102.862 37.857
201706 23.444 103.349 29.358
201709 23.694 104.136 29.447
201712 22.757 104.011 28.316
201803 22.641 105.290 27.830
201806 23.090 106.317 28.107
201809 23.493 106.507 28.547
201812 23.978 105.998 29.276
201903 24.020 107.251 28.985
201906 24.801 108.070 29.701
201909 25.634 108.329 30.625
201912 25.769 108.420 30.760
202003 22.964 108.902 27.291
202006 23.442 108.767 27.893
202009 24.267 109.815 28.599
202012 24.248 109.897 28.556
202103 23.653 111.754 27.392
202106 23.990 114.631 27.085
202109 24.332 115.734 27.209
202112 26.150 117.630 28.771
202203 27.299 121.301 29.126
202206 27.647 125.017 28.621
202209 27.596 125.227 28.520
202212 27.887 125.222 28.822
202303 27.543 127.348 27.991
202306 28.997 128.729 29.153
202309 29.514 129.860 29.414
202312 28.861 129.419 28.861

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.


Huron Consulting Group  (NAS:HURN) 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.


Huron Consulting Group Cyclically Adjusted PB Ratio Related Terms

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


Huron Consulting Group (Huron Consulting Group) Business Description

Traded in Other Exchanges
Address
550 West Van Buren Street, Chicago, IL, USA, 60607
Huron Consulting Group Inc is a professional services firm. The company provides expertise in strategy, technology, operations, advisory services, & analytics through three operating segments namely Healthcare, Education, and Business Advisory. Healthcare segment helps the firms to transform and innovate the delivery model to focus on patient wellness by improving quality outcomes, minimizing care variation and fundamentally improving patient and population health, Education segment provides management consulting and technology solutions, and Business Advisory segment provides services to large and middle-market organizations, not-for-profit organizations, and private equity firms. It generates a majority of its revenue from the Healthcare Segment.
Executives
C. Mark Hussey officer: EVP, CFO and Treasurer 550 WEST VAN BUREN STREET, CHICAGO IL 60607
Debra Zumwalt director 149 COMMONWEALTH DRIVE, MENLO PARK CA 94025
Ekta Singh-bushell director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
James H Roth officer: Chief Executive Officer HURON CONSULTING GROUP, 550 WEST VAN BUREN STREET, CHICAGO IL 60607
John Mccartney director US ROBOTICS INC, 8100 MCCORMICK BLVD, SKOKIE IL 60076
H Eugene Lockhart director OAK HILL FARM, P.O. BOX 489, 4125 LOUISA ROAD, KESWICK VA 22947
Sawyer Hugh E Iii director 1806 BALLY BUNION DRIVE, DECATUR GA 30097
Kyle Featherstone officer: Chief Acct Officer, Controller 550 W. VAN BUREN, 17TH FLOOR, CHICAGO IL 60607
Joy Brown director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Peter Kenneth Markell director 399 REVOLUTION DRIVE, 6TH FLOOR, SUITE 670, SOMERVILLE MA 02145
John D. Kelly officer: Controller 555 WEST VAN BUREN STREET, CHICAGO IL 60607
Torain Ernest W. Jr. officer: EVP, Gen. Counsel & Corp.Sec. 550 W. VAN BUREN, 17TH FLOOR, CHICAGO IL 60607
James Ronald Dail officer: EVP, Chief Operating Officer 550 W. VAN BUREN STREET, 17TH FLOOR, CHICAGO IL 60607
George Massaro director, officer: Vice Chairman
Diane E. Ratekin officer: General Counsel, Asst. Sec. 550 WEST VAN BUREN STREET, CHICAGO IL 60607