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Atkinsrealis Group (TSX:ATRL) Cyclically Adjusted PB Ratio : 2.18 (As of Jun. 01, 2024)


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What is Atkinsrealis Group Cyclically Adjusted PB Ratio?

As of today (2024-06-01), Atkinsrealis Group's current share price is C$53.34. Atkinsrealis Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was C$24.43. Atkinsrealis Group's Cyclically Adjusted PB Ratio for today is 2.18.

The historical rank and industry rank for Atkinsrealis Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSX:ATRL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.82   Med: 2.53   Max: 5.92
Current: 2.2

During the past years, Atkinsrealis Group's highest Cyclically Adjusted PB Ratio was 5.92. The lowest was 0.82. And the median was 2.53.

TSX:ATRL's Cyclically Adjusted PB Ratio is ranked worse than
73.85% of 1243 companies
in the Construction industry
Industry Median: 1.12 vs TSX:ATRL: 2.20

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.

Atkinsrealis Group's adjusted book value per share data for the three months ended in Mar. 2024 was C$18.677. 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 C$24.43 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Atkinsrealis Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Atkinsrealis Group'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.

* Premium members only.

Atkinsrealis Group Cyclically Adjusted PB Ratio Chart

Atkinsrealis Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.50 1.04 1.41 1.02 1.76

Atkinsrealis Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted PB Ratio 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 1.40 1.45 1.87 1.76 2.27

Competitive Comparison of Atkinsrealis Group's Cyclically Adjusted PB Ratio

For the Engineering & Construction subindustry, Atkinsrealis Group'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.


Atkinsrealis Group's Cyclically Adjusted PB Ratio Distribution in the Construction Industry

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

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



Atkinsrealis Group 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.

Atkinsrealis Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=53.34/24.43
=2.18

* 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.

Atkinsrealis Group's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Atkinsrealis Group'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)
=18.677/126.2576*126.2576
=18.677

Current CPI (Mar. 2024) = 126.2576.

Atkinsrealis Group Quarterly Data

Book Value per Share CPI Adj_Book
201406 13.840 99.473 17.567
201409 13.965 99.394 17.739
201412 21.735 98.367 27.898
201503 23.451 99.789 29.671
201506 22.614 100.500 28.410
201509 24.962 100.421 31.384
201512 25.827 99.947 32.626
201603 25.777 101.054 32.206
201606 25.095 102.002 31.063
201609 24.864 101.765 30.848
201612 25.760 101.449 32.060
201703 25.834 102.634 31.780
201706 26.634 103.029 32.639
201709 29.082 103.345 35.530
201712 29.775 103.345 36.377
201803 28.836 105.004 34.673
201806 28.612 105.557 34.223
201809 28.090 105.636 33.574
201812 20.796 105.399 24.912
201903 19.646 106.979 23.186
201906 6.291 107.690 7.376
201909 22.003 107.611 25.816
201912 21.162 107.769 24.792
202003 23.832 107.927 27.880
202006 19.535 108.401 22.753
202009 19.365 108.164 22.604
202012 14.568 108.559 16.943
202103 15.101 110.298 17.286
202106 15.651 111.720 17.688
202109 16.063 112.905 17.963
202112 16.937 113.774 18.795
202203 16.463 117.646 17.668
202206 16.774 120.806 17.531
202209 17.020 120.648 17.811
202212 16.345 120.964 17.060
202303 16.942 122.702 17.433
202306 16.795 124.203 17.073
202309 17.511 125.230 17.655
202312 18.021 125.072 18.192
202403 18.677 126.258 18.677

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.


Atkinsrealis Group  (TSX:ATRL) 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.


Atkinsrealis Group Cyclically Adjusted PB Ratio Related Terms

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


Atkinsrealis Group (TSX:ATRL) Business Description

Traded in Other Exchanges
Address
455 Rene-Levesque Boulevard West, Montreal, QC, CAN, H2Z 1Z3
Based in Montreal, AtkinsRealis is a fully integrated professional services and project management firm that offers a wide range of services, including financing, consulting, engineering and construction, procurement, and operations and maintenance. The firm serves clients in the infrastructure, nuclear, and engineering design and project management industries. Additionally, the company owns infrastructure projects through its capital segment. AtkinsRealis generated approximately CAD 7.5 billion in sales in 2022.

Atkinsrealis Group (TSX:ATRL) Headlines

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