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CEB (CEB) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is CEB Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CEB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CEB'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.

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CEB Cyclically Adjusted PB Ratio Chart

CEB Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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CEB Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of CEB's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, CEB'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.


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

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

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



CEB 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.

CEB's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, CEB's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=-5.426/101.8627*101.8627
=-5.426

Current CPI (Dec. 2016) = 101.8627.

CEB Quarterly Data

Book Value per Share CPI Adj_Book
200703 5.474 86.640 6.436
200706 3.415 87.906 3.957
200709 2.420 87.964 2.802
200712 1.930 88.616 2.218
200803 1.015 90.090 1.148
200806 1.062 92.320 1.172
200809 1.311 92.307 1.447
200812 0.664 88.697 0.763
200903 0.753 89.744 0.855
200906 0.882 91.003 0.987
200909 1.260 91.120 1.409
200912 1.472 91.111 1.646
201003 1.751 91.821 1.942
201006 1.987 91.962 2.201
201009 2.142 92.162 2.367
201012 2.413 92.474 2.658
201103 2.573 94.283 2.780
201106 2.772 95.235 2.965
201109 1.978 95.727 2.105
201112 2.389 95.213 2.556
201203 2.670 96.783 2.810
201206 2.939 96.819 3.092
201209 3.428 97.633 3.577
201212 3.465 96.871 3.644
201303 2.439 98.209 2.530
201306 2.591 98.518 2.679
201309 3.504 98.790 3.613
201312 4.156 98.326 4.305
201403 4.144 99.695 4.234
201406 4.060 100.560 4.113
201409 3.171 100.428 3.216
201412 2.575 99.070 2.648
201503 1.667 99.621 1.705
201506 2.978 100.684 3.013
201509 2.005 100.392 2.034
201512 1.327 99.792 1.355
201603 -0.722 100.470 -0.732
201606 -2.227 101.688 -2.231
201609 -2.662 101.861 -2.662
201612 -5.426 101.863 -5.426

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.


CEB  (NYSE:CEB) 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.


CEB Cyclically Adjusted PB Ratio Related Terms

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


CEB (CEB) Business Description

Industry
Traded in Other Exchanges
N/A
Address
CEB is a provider of talent assessment and management services. The company operates two business segments: CEB and CEB Talent Assessment. CEB provides data analysis, research, and advisory services for executives in the areas of human resources, legal, risk, compliance, finance, information technology, innovation and strategy, marketing and communications, procurement and operations, and sales and services. The CEB Talent Assessment segment offers cloud-based solutions for talent assessment, development, strategy, analytics, and decision support to assess and manage employees and applicants. The largest end market is the United States.
Executives
Gordon Coburn director 500 GLENPOINTE CENTRE W, TEANECK NJ 07666
L Kevin Cox director THE PEPSI BOTTLING GROUP, INC., ONE PEPSI WAY, SOMERS NY 10589
Melody L Jones officer: Chief Administrative Officer T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202
Gregor Bailar director CAPITALONE FINANCIAL CORP, 2980 FAIRVIEW PARK DR, FALLS CHURCH VA 22042
Daniel O Leemon director 120 KEARNY STREET, SAN FRANCISCO CA 94108
Stacey Rauch director C/O ASCENA RETAIL GROUP, INC., 933 MACARTHUR BOULEVARD, MAHWAH NJ 07430
Jeffrey R Tarr director DIGITALGLOBE, INC., 1300 WEST 120TH AVENUE, WESTMINSTER CO 80234
Kathleen A Corbet director C/O ALLIANCE CAPITAL, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Richard S Lindahl officer: Chief Financial Officer NEXTEL, 2001 EDMUND HALLEY DR, RESTON VA 20191
Thomas L Monahan director, officer: Chief Executive Officer 2000 PENNSYLVANIA AVE NW, WASHINGTON DC 20006
Nancy J Karch other: Former Director 162 HORIZON LANE, BEDFORD NY 10506
David W Kenny director VIVAKI, 33 ARCH STREET, BOSTON MA 02110
Glenn Tobin officer: General Manager CERNER CORP, 2800 ROCKCREEK PARKWAY, KANSAS CITY MO 64117
James J Mcgonigle director 45 GLOVER AVENUE, NORWALK CT 06850
Russell P Fradin director C/O CONCUR TECHNOLOGIES, 6222 185TH AVENUE NE, REDMOND WA 98052

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