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ICF International (FRA:G6V) Cyclically Adjusted Book per Share : €38.54 (As of Mar. 2024)


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What is ICF International Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

ICF International's adjusted book value per share for the three months ended in Mar. 2024 was €44.941. 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 €38.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, ICF International's average Cyclically Adjusted Book Growth Rate was 7.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 10.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 10.20% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 10.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of ICF International was 11.70% per year. The lowest was 9.00% per year. And the median was 10.50% per year.

As of today (2024-05-23), ICF International's current stock price is €132.00. ICF International's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €38.54. ICF International's Cyclically Adjusted PB Ratio of today is 3.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ICF International was 3.78. The lowest was 1.67. And the median was 2.54.


ICF International Cyclically Adjusted Book per Share Historical Data

The historical data trend for ICF International's Cyclically Adjusted Book per Share 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.

ICF International Cyclically Adjusted Book per Share Chart

ICF International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.25 24.69 30.30 35.92 36.57

ICF International Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 35.30 36.47 38.61 36.57 38.54

Competitive Comparison of ICF International's Cyclically Adjusted Book per Share

For the Consulting Services subindustry, ICF International'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.


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

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

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



ICF International Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, ICF International's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=44.941/131.7762*131.7762
=44.941

Current CPI (Mar. 2024) = 131.7762.

ICF International Quarterly Data

Book Value per Share CPI Adj_Book
201406 18.165 100.560 23.804
201409 19.549 100.428 25.651
201412 20.898 99.070 27.797
201503 23.996 99.621 31.741
201506 23.600 100.684 30.888
201509 23.981 100.392 31.478
201512 25.240 99.792 33.330
201603 24.934 100.470 32.703
201606 25.152 101.688 32.594
201609 25.863 101.861 33.459
201612 28.209 101.863 36.493
201703 27.908 102.862 35.753
201706 27.252 103.349 34.748
201709 26.323 104.136 33.310
201712 27.894 104.011 35.340
201803 26.901 105.290 33.668
201806 28.890 106.317 35.808
201809 29.553 106.507 36.565
201812 30.849 105.998 38.351
201903 31.082 107.251 38.190
201906 31.450 108.070 38.349
201909 33.089 108.329 40.251
201912 34.085 108.420 41.428
202003 33.204 108.902 40.178
202006 33.219 108.767 40.246
202009 32.727 109.815 39.272
202012 32.470 109.897 38.934
202103 33.460 111.754 39.455
202106 33.954 114.631 39.032
202109 35.611 115.734 40.547
202112 37.670 117.630 42.200
202203 38.811 121.301 42.163
202206 41.192 125.017 43.419
202209 44.926 125.227 47.276
202212 42.654 125.222 44.887
202303 42.091 127.348 43.555
202306 42.819 128.729 43.833
202309 44.484 129.860 45.141
202312 44.649 129.419 45.462
202403 44.941 131.776 44.941

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


ICF International  (FRA:G6V) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

ICF International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=132.00/38.54
=3.43

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of ICF International was 3.78. The lowest was 1.67. And the median was 2.54.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


ICF International Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of ICF International's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


ICF International (FRA:G6V) Business Description

Industry
Traded in Other Exchanges
Address
1902 Reston Metro Plaza, Reston, VA, USA, 20190
ICF International Inc provides professional services and technology-based solutions to government and commercial clients, including management, marketing, technology, and policy consulting and implementation services. Its services primarily support clients that operate in four key markets that include Energy, Environment, and Infrastructure, Health, Education, and Social Programs, Safety and Security and Consumer and Financial. The Company's major clients are United States federal government departments and agencies.

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