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Service International (Service International) Cyclically Adjusted Book per Share : $10.17 (As of Dec. 2023)


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What is Service International 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.

Service International's adjusted book value per share for the three months ended in Dec. 2023 was $10.533. 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 $10.17 for the trailing ten years ended in Dec. 2023.

During the past 12 months, Service International's average Cyclically Adjusted Book Growth Rate was 5.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 9.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 8.30% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 5.00% 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 Service International was 11.90% per year. The lowest was -11.40% per year. And the median was 1.60% per year.

As of today (2024-04-27), Service International's current stock price is $71.74. Service International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $10.17. Service International's Cyclically Adjusted PB Ratio of today is 7.05.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Service International was 8.17. The lowest was 2.64. And the median was 5.63.


Service International Cyclically Adjusted Book per Share Historical Data

The historical data trend for Service International'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.

Service International Cyclically Adjusted Book per Share Chart

Service International 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 7.43 7.82 8.77 9.65 10.17

Service International 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 9.65 9.87 10.03 10.17 10.17

Competitive Comparison of Service International's Cyclically Adjusted Book per Share

For the Personal Services subindustry, Service International'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.


Service International's Cyclically Adjusted PB Ratio Distribution in the Personal Services Industry

For the Personal Services industry and Consumer Cyclical sector, Service International's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Service International 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, Service International'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)
=10.533/129.4194*129.4194
=10.533

Current CPI (Dec. 2023) = 129.4194.

Service International Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.727 99.695 8.733
201406 6.710 100.560 8.636
201409 6.487 100.428 8.360
201412 6.681 99.070 8.728
201503 6.569 99.621 8.534
201506 6.565 100.684 8.439
201509 5.975 100.392 7.703
201512 6.051 99.792 7.847
201603 6.105 100.470 7.864
201606 6.005 101.688 7.643
201609 5.708 101.861 7.252
201612 5.769 101.863 7.330
201703 6.284 102.862 7.906
201706 6.431 103.349 8.053
201709 6.598 104.136 8.200
201712 7.552 104.011 9.397
201803 8.215 105.290 10.098
201806 8.145 106.317 9.915
201809 8.229 106.507 9.999
201812 9.048 105.998 11.047
201903 9.330 107.251 11.259
201906 9.559 108.070 11.447
201909 9.711 108.329 11.602
201912 10.063 108.420 12.012
202003 9.769 108.902 11.610
202006 9.911 108.767 11.793
202009 10.004 109.815 11.790
202012 10.267 109.897 12.091
202103 10.962 111.754 12.695
202106 11.420 114.631 12.893
202109 11.692 115.734 13.075
202112 11.706 117.630 12.879
202203 11.578 121.301 12.353
202206 11.625 125.017 12.034
202209 10.839 125.227 11.202
202212 10.869 125.222 11.233
202303 10.673 127.348 10.847
202306 10.900 128.729 10.958
202309 10.902 129.860 10.865
202312 10.533 129.419 10.533

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


Service International  (NYSE:SCI) 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.

Service International's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=71.74/10.17
=7.05

* 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 Service International was 8.17. The lowest was 2.64. And the median was 5.63.


Be Aware

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


Service International Cyclically Adjusted Book per Share Related Terms

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


Service International (Service International) Business Description

Traded in Other Exchanges
Address
1929 Allen Parkway, Houston, TX, USA, 77019
Service Corp International is a personal services company that provides funeral and cemetery services and products from its locations throughout the United States and Canada. The company segments its operations into funeral service and cemetery business functions. At its funeral service locations, Service Corp. provides all professional services, facilities, vehicles, and merchandise related to funerals and cremations. Cemetery locations provide cemetery property, memorial markers, and graveyard services to customers. Service Corp. derives the majority of its revenue from its funeral locations, while the cemetery division also generates a significant amount of the company's total income. Geographically, the company gets a major share of revenue from the United States.
Executives
John H Faulk officer: Vice Pres Business Development 1929 ALLEN PARKWAY, HOUSTON TX 77019
Elisabeth G. Nash officer: V.P. Processes & Technology 1929 ALLEN PARKWAY, HOUSTON TX 77019
Tony Coelho director C/O PINNACLE GLOBAL GROUP, 5599 SAN FELIPE #1212, HOUSTON TX 77056
Thomas L Ryan officer: President,Chief Operating Off. 1929 ALLEN PARKWAY, HOUSTON TX 77219
Lori Spilde officer: Sr. V.P. and General Counsel 1929 ALLEN PARKWAY, HOUSTON TX 77019
Steven A Tidwell officer: V.P. Main Street Operations 1929 ALLEN PARKWAY, HOUSTON TX 77019
Buckwalter Alan R Iii director
Eric D Tanzberger officer: VP, Corporate Controller 1929 ALLEN PARKWAY, HOUSTON TX 77219
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Ellen Ochoa director 1929 ALLEN PARKWAY, HOUSTON TX 77019
Gregory T Sangalis officer: Sr. V.P. and General Counsel 46 HIBURY DRIVE, HOUSTON TX 77024
Waring Sumner J Iii officer: VP Western Operations 1929 ALLEN PARKWAY, HOUSTON TX 77219
C Park Shaper director 1001 LOUISIANA, STE 1000, HOUSTON TX 77002
Victor L Lund director ONE RAVINIA DRIVE, STE 1500, ATLANTA GA 30346
Marcus A Watts director