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G4S (GFSZY) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is G4S Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


G4S Cyclically Adjusted PB Ratio Historical Data

The historical data trend for G4S'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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G4S Cyclically Adjusted PB Ratio Chart

G4S Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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G4S Semi-Annual Data
Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
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Competitive Comparison of G4S's Cyclically Adjusted PB Ratio

For the Security & Protection Services subindustry, G4S'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.


G4S's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, G4S's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where G4S's Cyclically Adjusted PB Ratio falls into.



G4S 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.

G4S's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec19 is calculated as:

For example, G4S's adjusted Book Value per Share data for the fiscal year that ended in Dec19 was:

Adj_Book=Book Value per Share/CPI of Dec19 (Change)*Current CPI (Dec19)
=1.145/108.5000*108.5000
=1.145

Current CPI (Dec19) = 108.5000.

G4S Annual Data

Book Value per Share CPI Adj_Book
201012 8.720 91.700 10.318
201112 8.248 95.000 9.420
201212 6.734 97.300 7.509
201312 4.274 99.200 4.675
201412 4.539 99.900 4.930
201512 3.247 100.400 3.509
201612 3.387 102.200 3.596
201712 3.443 105.000 3.558
201812 2.945 107.100 2.983
201912 1.145 108.500 1.145

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.


G4S  (OTCPK:GFSZY) 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.


G4S Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of G4S's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


G4S (GFSZY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
105 Victoria Street, 5th Floor, Southside, London, GBR, SW1E 6QT
G4S is a multinational security services company and constituent of the FTSE 250 Index. The company was formed through a series of large mergers, most notably in 2004 when British Securicor and Danish Group 4 Falck merged. G4S is now the world's largest security company and has operations in around 90 countries. With over 550,000 employees, it is also the world's third- largest private employer. The company offers a range of services from the supply of security personnel and response units to risk consulting and prison management.

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