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URS (FRA:URS) Cyclically Adjusted PB Ratio : (As of Jun. 07, 2024)


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What is URS Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


URS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for URS'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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URS Cyclically Adjusted PB Ratio Chart

URS Annual Data
Trend Oct04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Cyclically Adjusted PB Ratio
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URS Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of URS's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, URS'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.


URS's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



URS 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.

URS's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2014 is calculated as:

For example, URS's adjusted Book Value per Share data for the three months ended in Jun. 2014 was:

Adj_Book=Book Value per Share/CPI of Jun. 2014 (Change)*Current CPI (Jun. 2014)
=42.181/100.5595*100.5595
=42.181

Current CPI (Jun. 2014) = 100.5595.

URS Quarterly Data

Book Value per Share CPI Adj_Book
200407 19.143 79.910 24.090
200410 19.457 80.543 24.293
200503 18.844 81.555 23.235
200506 22.640 82.062 27.743
200509 21.341 83.876 25.586
200512 22.459 83.032 27.200
200603 22.433 84.298 26.760
200606 22.026 85.606 25.874
200609 22.358 85.606 26.264
200612 21.936 85.142 25.908
200703 22.447 86.640 26.053
200706 22.563 87.906 25.811
200709 22.585 87.964 25.819
200712 35.424 88.616 40.198
200803 27.587 90.090 30.793
200806 28.060 92.320 30.564
200809 30.557 92.307 33.289
200812 32.944 88.697 37.350
200903 34.284 89.744 38.416
200906 33.172 91.003 36.655
200909 32.459 91.120 35.822
200912 32.802 91.111 36.204
201003 35.604 91.821 38.992
201006 40.413 91.962 44.191
201009 38.426 92.162 41.927
201012 38.714 92.474 42.099
201103 36.701 94.283 39.144
201106 37.016 95.235 39.086
201109 32.989 95.727 34.654
201112 37.951 95.213 40.082
201203 35.005 96.783 36.371
201206 36.770 96.819 38.190
201209 37.501 97.633 38.625
201212 41.307 96.871 42.880
201303 41.635 98.209 42.631
201306 41.061 98.518 41.912
201309 41.737 98.790 42.485
201312 39.253 98.326 40.145
201403 38.296 99.695 38.628
201406 42.181 100.560 42.181

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.


URS  (FRA:URS) 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.


URS Cyclically Adjusted PB Ratio Related Terms

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


URS (FRA:URS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
URS Corporation was originally incorporated in California on May 1, 1957 under the former name of Broadview Research Corporation. On May 18, 1976, it re-incorporated in Delaware under the name URS Corporation. After several additional name changes, it re-adopted the name 'URS Corporation' on February 21, 1990. The Company is an international provider of engineering, construction and technical services. It offers a range of program management, planning, design, engineering, construction and construction management, operations and maintenance, and decommissioning and closure services to public agencies and private sector clients around the world. It is also a U.S. federal government contractor in the areas of systems engineering and technical assistance, and operations and maintenance. The Company expertise is focused in four market sectors: power, infrastructure, federal, and industrial and commercial. Within these markets, it offers a broad range of services, including program management; planning, design and engineering; systems engineering and technical assistance; IT services; construction and construction management; operations and maintenance; and decommissioning and closure. In the power sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. It provides these services to utilities, industrial co-generators, independent power producers, original equipment manufacturers and government utilities. In the infrastructure sector, the Company plans, designs, engineers, constructs, retrofits and maintains a wide range of power-generating facilities, as well as the systems that transmit and distribute electricity. Its services include planning, siting and licensing, permitting, engineering, procurement, construction and construction management, facility start-up, operations and maintenance, upgrades and modifications, and decommissioning and closure. As a contractor to the U.S. federal government and national governments of other countries, it serves a wide variety of government departments and agencies, including the DOD, DHS, Department of Energy, as well as the General Services Administration, the Environmental Protection Agency, NASA and other federal agencies. The Company's services range from program management; planning, design and engineering; systems engineering and technical assistance; and IT services to construction and construction management; operations and maintenance; and decommissioning and closure. In industrial and commercial sector it provides a wide range of engineering, procurement and construction services for new industrial and commercial

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