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Insperity (Insperity) Cyclically Adjusted PB Ratio : 37.20 (As of Apr. 27, 2024)


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What is Insperity Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Insperity's current share price is $104.17. Insperity's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $2.80. Insperity's Cyclically Adjusted PB Ratio for today is 37.20.

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

NSP' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.97   Med: 18.25   Max: 42.96
Current: 38.92

During the past years, Insperity's highest Cyclically Adjusted PB Ratio was 42.96. The lowest was 2.97. And the median was 18.25.

NSP's Cyclically Adjusted PB Ratio is ranked worse than
99.54% of 646 companies
in the Business Services industry
Industry Median: 1.53 vs NSP: 38.92

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.

Insperity's adjusted book value per share data for the three months ended in Dec. 2023 was $2.511. 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 $2.80 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Insperity Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Insperity'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.

Insperity Cyclically Adjusted PB Ratio Chart

Insperity 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 22.21 23.40 35.64 37.44 41.88

Insperity 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 37.44 40.22 39.82 33.55 41.88

Competitive Comparison of Insperity's Cyclically Adjusted PB Ratio

For the Staffing & Employment Services subindustry, Insperity'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.


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

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

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



Insperity 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=104.17/2.8
=37.20

* 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.

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

For example, Insperity'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)
=2.511/129.4194*129.4194
=2.511

Current CPI (Dec. 2023) = 129.4194.

Insperity Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.834 99.695 6.275
201406 4.835 100.560 6.223
201409 4.847 100.428 6.246
201412 4.028 99.070 5.262
201503 4.206 99.621 5.464
201506 3.777 100.684 4.855
201509 3.473 100.392 4.477
201512 3.554 99.792 4.609
201603 1.302 100.470 1.677
201606 1.526 101.688 1.942
201609 1.637 101.861 2.080
201612 1.439 101.863 1.828
201703 2.054 102.862 2.584
201706 1.991 103.349 2.493
201709 2.424 104.136 3.013
201712 1.599 104.011 1.990
201803 2.479 105.290 3.047
201806 2.841 106.317 3.458
201809 3.662 106.507 4.450
201812 1.898 105.998 2.317
201903 2.912 107.251 3.514
201906 3.295 108.070 3.946
201909 1.025 108.329 1.225
201912 0.104 108.420 0.124
202003 -0.084 108.902 -0.100
202006 1.150 108.767 1.368
202009 1.032 109.815 1.216
202012 1.154 109.897 1.359
202103 1.904 111.754 2.205
202106 2.281 114.631 2.575
202109 2.536 115.734 2.836
202112 -0.046 117.630 -0.051
202203 0.886 121.301 0.945
202206 0.917 125.017 0.949
202209 1.578 125.227 1.631
202212 2.146 125.222 2.218
202303 3.493 127.348 3.550
202306 3.446 128.729 3.464
202309 2.194 129.860 2.187
202312 2.511 129.419 2.511

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.


Insperity  (NYSE:NSP) 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.


Insperity Cyclically Adjusted PB Ratio Related Terms

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


Insperity (Insperity) Business Description

Traded in Other Exchanges
Address
19001 Crescent Springs Drive, Kingwood, TX, USA, 77339
Insperity Inc is a company that primarily provides a wide range of human resources and business solutions that help businesses improve their performance. Small and midsize enterprises are the company's primary target customers. Most of the company's products are offered through the company's Workforce Optimization and Workforce Synchronization solutions, which comprise various human resource functions, such as payroll and employment administration, employee benefits and compensation, government compliance, performance management, training and development services, and human capital management. The company generates all of its revenue in the United States.
Executives
Ellen H Masterson director P O BOX 3247, HOUSTON TX 77253-3247
Richard G Rawson director, officer: President C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Arthur A Arizpe officer: EVP of Client Services and COO 19001 CRESCENT SPRINGS DR, C/O INSPERITY, KINGWOOD TX 77339
Paul J Sarvadi director, officer: Chairman of the Board & CEO C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Daniel D Herink officer: SVP Legal, Gen Counsel & Sec 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
James D Allison officer: SVP of Gross Profit Operations C/O INSPERITY, INC., 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John M Morphy director 911 PANORAMA TRAIL SOUTH, ROCHESTER NY 14625
Douglas S Sharp officer: SVP Finance, CFO & Treasurer C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Tim Clifford director C/O CARBONITE, INC., 177 HUNTINGTON AVENUE, BOSTON MA 02115
Jay E Mincks officer: EVP of Sales & Marketing C/O INSPERITY, 19001 CRESCENT SPRINGS DR, KINGWOOD TX 77339
Eli Jones director 200 WEST CONGRESS STREET, LAFAYETTE LA 70501
Randall Mehl director 8620 N DEAN CIR, RIVER HILLS WI 53217
Latha Ramchand director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
John L Lumelleau director 19001 CRESCENT SPRINGS DRIVE, KINGWOOD TX 77339
Austin P Young director 6200 ARNOT, HOUSTON TX 77007

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