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


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What is GP Strategies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


GP Strategies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for GP Strategies'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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GP Strategies Cyclically Adjusted PB Ratio Chart

GP Strategies Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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GP Strategies Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21
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Competitive Comparison of GP Strategies's Cyclically Adjusted PB Ratio

For the Education & Training Services subindustry, GP Strategies'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.


GP Strategies's Cyclically Adjusted PB Ratio Distribution in the Education Industry

For the Education industry and Consumer Defensive sector, GP Strategies's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



GP Strategies 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.

GP Strategies's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2021 is calculated as:

For example, GP Strategies's adjusted Book Value per Share data for the three months ended in Jun. 2021 was:

Adj_Book=Book Value per Share/CPI of Jun. 2021 (Change)*Current CPI (Jun. 2021)
=13.196/114.6314*114.6314
=13.196

Current CPI (Jun. 2021) = 114.6314.

GP Strategies Quarterly Data

Book Value per Share CPI Adj_Book
201109 7.336 95.727 8.785
201112 7.629 95.213 9.185
201203 7.923 96.783 9.384
201206 8.211 96.819 9.722
201209 8.538 97.633 10.024
201212 8.784 96.871 10.394
201303 8.960 98.209 10.458
201306 9.231 98.518 10.741
201309 9.679 98.790 11.231
201312 10.089 98.326 11.762
201403 10.324 99.695 11.871
201406 10.871 100.560 12.392
201409 12.306 100.428 14.046
201412 8.847 99.070 10.237
201503 8.860 99.621 10.195
201506 9.388 100.684 10.688
201509 9.293 100.392 10.611
201512 9.377 99.792 10.771
201603 9.490 100.470 10.828
201606 9.496 101.688 10.705
201609 9.712 101.861 10.930
201612 10.005 101.863 11.259
201703 10.300 102.862 11.478
201706 10.913 103.349 12.104
201709 11.303 104.136 12.442
201712 11.229 104.011 12.376
201803 11.339 105.290 12.345
201806 11.264 106.317 12.145
201809 11.421 106.507 12.292
201812 11.226 105.998 12.140
201903 11.366 107.251 12.148
201906 11.558 108.070 12.260
201909 11.490 108.329 12.158
201912 12.324 108.420 13.030
202003 11.791 108.902 12.411
202006 11.889 108.767 12.530
202009 12.178 109.815 12.712
202012 12.930 109.897 13.487
202103 12.989 111.754 13.323
202106 13.196 114.631 13.196

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.


GP Strategies  (NYSE:GPX) 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.


GP Strategies Cyclically Adjusted PB Ratio Related Terms

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


GP Strategies (GP Strategies) Business Description

Traded in Other Exchanges
N/A
Address
70 Corporate Center, Suite 300, 11000 Broken Land Parkway, Columbia, MD, USA, 21044
GP Strategies Corp provides training, e-Learning solutions, management consulting, and engineering services. The company serves companies in the automotive, financial services and insurance, steel, oil and gas, power, chemical, electronics and technology, manufacturing, software, retail, healthcare, education, and food and beverage industries, as well as government agencies. Its training offerings include content and curriculum development, e-Learning, learning and training outsourcing, and documentation development.
Executives
Pfenniger Richard C Jr director 4400 BISCAYNE BLVD., MIAMI FL 33137
Marshall S Geller director 10866 WILSHIRE BLVD., SUITE 1450, LOS ANGELES CA 90024
Tamar Elkeles director 1040 MUIRLANDS DRIVE LA JOLLA CA 92037
Samuel D. Robinson director C/O SAGARD CAPITAL MGMT. CORPORATION 325 GREENWICH AVENUE GREENWICH CT 06830
Steven Elliot Koonin director 1535 RANCHO CONEJO BLVD THOUSAND OAKS CA 91320
Jacques Manardo director
Adam H Stedham officer: CEO & President GP STRATEGIES CORPORATION, 11000 BROKEN LAND PARKWAY, SUITE 200, COLUMBIA MD 21044
James L Galante officer: SVP & General Counsel GP STRATEGIES CORPORATION 11000 BROKEN LAND PARKWAY SUITE 200 COLUMBIA MD 21044
Scott N Greenberg director 9 WEST 57 STREET, SUITE 4170, NEW YORK NY 10019
Russell L. Becker officer: EVP, Chief Sales Officer GP STRATEGIES CORPORATION 11000 BROKEN LAND PKWY, SUITE 200 COLUMBIA MD 21044
Michael R Dugan officer: EVP & Chief Financial Officer GP STRATEGIES CORPORATION 11000 BROKEN LAND PARKWAY, SUITE 200 COLUMBIA MD 21044
Donald R Duquette officer: Executive Vice President 6095 MARSHALEE DRIVE SUITE 300 ELKRIDGE MD 21075
Patricia R. Begley officer: Executive Vice President GP STRATEGIES CORPORATION 6095 MARSHALEE DR., SUITE 300 ELKRIDGE MD 21075
Kenneth L Crawford officer: EVP & General Counsel 6095 MARSHALEE DRIVE SUITE 300 ELKRIDGE MD 21075
Cove Street Capital, Llc 10 percent owner 525 SOUTH DOUGLAS STREET, SUITE 225, EL SEGUNDO CA 90245