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Stifel Financial (Stifel Financial) Cyclically Adjusted PB Ratio : 2.16 (As of Apr. 27, 2024)


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What is Stifel Financial Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Stifel Financial's current share price is $79.05. Stifel Financial's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $36.61. Stifel Financial's Cyclically Adjusted PB Ratio for today is 2.16.

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

SF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.95   Med: 1.9   Max: 2.84
Current: 2.14

During the past years, Stifel Financial's highest Cyclically Adjusted PB Ratio was 2.84. The lowest was 0.95. And the median was 1.90.

SF's Cyclically Adjusted PB Ratio is ranked worse than
66.81% of 461 companies
in the Capital Markets industry
Industry Median: 1.12 vs SF: 2.14

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.

Stifel Financial's adjusted book value per share data for the three months ended in Dec. 2023 was $45.610. 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 $36.61 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stifel Financial Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stifel Financial'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.

Stifel Financial Cyclically Adjusted PB Ratio Chart

Stifel Financial 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 1.68 1.94 2.36 1.73 1.89

Stifel Financial Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.70 1.68 1.69 1.89 -

Competitive Comparison of Stifel Financial's Cyclically Adjusted PB Ratio

For the Capital Markets subindustry, Stifel Financial'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.


Stifel Financial's Cyclically Adjusted PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Stifel Financial's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stifel Financial 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.

Stifel Financial's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=79.05/36.61
=2.16

* 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.

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

For example, Stifel Financial'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)
=45.61/129.4194*129.4194
=45.610

Current CPI (Dec. 2023) = 129.4194.

Stifel Financial Quarterly Data

Book Value per Share CPI Adj_Book
201403 21.389 99.695 27.766
201406 22.117 100.560 28.464
201409 22.613 100.428 29.141
201412 23.336 99.070 30.485
201503 23.219 99.621 30.164
201506 24.233 100.684 31.149
201509 24.417 100.392 31.477
201512 24.791 99.792 32.151
201603 24.246 100.470 31.232
201606 24.941 101.688 31.743
201609 25.588 101.861 32.511
201612 25.896 101.863 32.902
201703 25.602 102.862 32.212
201706 26.316 103.349 32.954
201709 27.112 104.136 33.695
201712 25.509 104.011 31.740
201803 25.658 105.290 31.538
201806 26.228 106.317 31.927
201809 27.501 106.507 33.417
201812 28.414 105.998 34.692
201903 28.785 107.251 34.735
201906 29.790 108.070 35.675
201909 30.894 108.329 36.909
201912 32.244 108.420 38.489
202003 30.752 108.902 36.546
202006 32.561 108.767 38.743
202009 33.966 109.815 40.030
202012 35.907 109.897 42.286
202103 35.963 111.754 41.648
202106 37.894 114.631 42.783
202109 39.384 115.734 44.041
202112 41.627 117.630 45.799
202203 40.978 121.301 43.721
202206 41.819 125.017 43.292
202209 42.762 125.227 44.194
202212 44.077 125.222 45.555
202303 43.725 127.348 44.436
202306 44.409 128.729 44.647
202309 44.197 129.860 44.047
202312 45.610 129.419 45.610

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.


Stifel Financial  (NYSE:SF) 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.


Stifel Financial Cyclically Adjusted PB Ratio Related Terms

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


Stifel Financial (Stifel Financial) Business Description

Address
501 North Broadway, One Financial Plaza, Saint Louis, MO, USA, 63102-2188
Stifel Financial is a middle-market-focused investment bank that produces more than 90% of its revenue in the United States. Approximately 60% of the company's net revenue is derived from its global wealth management division, which supports over 2,000 financial advisors, with the remainder coming from its institutional securities business. Stifel has a history of being an active acquirer of other financial service firms.
Executives
Mark P Fisher officer: SENIOR VP & GENERAL COUNSEL C/O THOMAS WEISEL PARTNERS GROUP, INC., ONE MONTGOMERY STREET, SUITE 3700, SAN FRANCISCO CA 94104
Christopher K Reichert officer: CEO of Stifel Bank & Trust C/O PULASKI FINANCIAL CORP, 12300 OLIVE BLVD, ST LOUIS MO 63141
Thomas B. Michaud director C/O KBW, INC., 787 SEVENTH AVENUE, NEW YORK NY 10019
Lisa Landau Carnoy director 501 NORTH BROADWAY, ST. LOUIS MO 63102
Maryam S. Brown director 555 W. 5TH STREET, LOS ANGELES CA 90013
James M Zemlyak officer: CHIEF FIN'L & ADMIN OFFCR 501 NORTH BROADWAY, ST LOUIS MO 63102
Ronald J Kruszewski director, officer: CHIEF EXECUTIVE OFFICER 501 NORTH BROADWAY, ST LOUIS MO 63102
James P. Kavanaugh director 501 NORTH BROADWAY, ST. LOUIS MO 63102
Victor Nesi director, officer: Director 650 MADISON AVENUE, 19TH FLOOR, NEW YORK NY 10022
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Thomas W Weisel director
David D Sliney officer: Dir Strategic Planning & Tech, other: Dir Strategic Planning & Tech 501 NORTH BROADWAY, ST LOUIS MO 63102
Robert Edward Grady director 555 CALIFORNIA STREET, SUITE 3450, SAN FRANCISCO CA 94104
John P Dubinsky director C/O INSITUFORM TECHNOLOGIES, INC., 17988 EDISON AVENUE, CHESTERFIELD MO 63005
David A Peacock director 190 CARONDELET PLAZA, CLAYTON MO 63105