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The GEO Group (The GEO Group) Cyclically Adjusted Book per Share : $10.55 (As of Dec. 2023)


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What is The GEO Group Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

The GEO Group's adjusted book value per share for the three months ended in Dec. 2023 was $10.245. 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 $10.55 for the trailing ten years ended in Dec. 2023.

During the past 12 months, The GEO Group's average Cyclically Adjusted Book Growth Rate was 0.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 0.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 2.80% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of The GEO Group was 26.20% per year. The lowest was 0.20% per year. And the median was 12.90% per year.

As of today (2024-04-27), The GEO Group's current stock price is $14.87. The GEO Group's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.55. The GEO Group's Cyclically Adjusted PB Ratio of today is 1.41.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The GEO Group was 3.63. The lowest was 0.51. And the median was 2.05.


The GEO Group Cyclically Adjusted Book per Share Historical Data

The historical data trend for The GEO Group's Cyclically Adjusted Book per Share 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.

The GEO Group Cyclically Adjusted Book per Share Chart

The GEO Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.36 10.15 10.33 10.47 10.55

The GEO Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Cyclically Adjusted Book per Share 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 10.47 10.57 10.61 10.64 10.55

Competitive Comparison of The GEO Group's Cyclically Adjusted Book per Share

For the Security & Protection Services subindustry, The GEO 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.


The GEO Group's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

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

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



The GEO Group Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, The GEO Group's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book= Book Value per Share /CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=10.245/129.4194*129.4194
=10.245

Current CPI (Dec. 2023) = 129.4194.

The GEO Group Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.350 99.695 12.138
201406 9.359 100.560 12.045
201409 9.588 100.428 12.356
201412 9.396 99.070 12.274
201503 9.168 99.621 11.910
201506 9.076 100.684 11.666
201509 8.980 100.392 11.577
201512 8.992 99.792 11.662
201603 8.821 100.470 11.363
201606 8.603 101.688 10.949
201609 8.592 101.861 10.917
201612 8.663 101.863 11.007
201703 10.080 102.862 12.682
201706 9.896 103.349 12.392
201709 9.794 104.136 12.172
201712 9.671 104.011 12.033
201803 9.335 105.290 11.474
201806 8.986 106.317 10.939
201809 8.883 106.507 10.794
201812 8.629 105.998 10.536
201903 8.479 107.251 10.232
201906 8.434 108.070 10.100
201909 8.314 108.329 9.933
201912 8.223 108.420 9.816
202003 7.895 108.902 9.382
202006 7.788 108.767 9.267
202009 7.692 109.815 9.065
202012 7.527 109.897 8.864
202103 7.696 111.754 8.913
202106 8.056 114.631 9.095
202109 8.320 115.734 9.304
202112 7.971 117.630 8.770
202203 8.242 121.301 8.794
202206 8.638 125.017 8.942
202209 8.963 125.227 9.263
202212 9.402 125.222 9.717
202303 9.530 127.348 9.685
202306 9.786 128.729 9.839
202309 9.994 129.860 9.960
202312 10.245 129.419 10.245

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


The GEO Group  (NYSE:GEO) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

The GEO Group's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=14.87/10.55
=1.41

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of The GEO Group was 3.63. The lowest was 0.51. And the median was 2.05.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


The GEO Group Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of The GEO Group's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


The GEO Group (The GEO Group) Business Description

Industry
Traded in Other Exchanges
Address
4955 Technology Way, Boca Raton, FL, USA, 33431
The GEO Group Inc specializes in detention facilities and community-reentry centers. It operates in four segments: U.S. Secure Services, which primarily encompasses U.S.-based secure services business; Electronic Monitoring and Supervision Services, which conducts its services in the United States, represents services provided to adults for monitoring services and evidence-based supervision and treatment programs for community-based parolees, probationers, and pretrial defendants; Reentry Services conducts its services in the United States represents services provided to adults for residential and non-residential treatment, educational and community-based programs, pre-release and half-way house programs; and International Services.
Executives
Shayn P. March officer: VP of Finance and Treasurer C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Scott Michael Kernan director C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
James H. Black officer: SVP & Pres, Secure Services 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Christopher D. Ryan officer: Senior VP, Human Resources 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Lindsay L. Koren director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Matthew Albence officer: Senior VP, Client Relations 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Andrew N Shapiro director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Thomas C. Bartzokis director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Terry P. Mayotte director C/O TREAN INSURANCE GROUP, INC., 150 LAKE STREET WEST, WAYZATA MN 55391
Jack Brewer director 6200 EXCELSIOR BLVD., SUITE 104, ST. LOUIS PARK MN 55416
George C Zoley director, officer: Chairman & CEO C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Anne N Foreman director C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Richard H Glanton director C/O THE GEO GROUP, INC., 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Duane Helkowski director 4955 TECHNOLOGY WAY, BOCA RATON FL 33431
Blake Davis officer: Pres. GEO Secure Services 4955 TECHNOLOGY WAY, BOCA RATON FL 33431