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Service International (Service International) Cyclically Adjusted PB Ratio : 7.05 (As of Apr. 27, 2024)


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What is Service International Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Service International's current share 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 for today is 7.05.

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

SCI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.64   Med: 5.63   Max: 8.17
Current: 6.96

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

SCI's Cyclically Adjusted PB Ratio is ranked worse than
85.45% of 55 companies
in the Personal Services industry
Industry Median: 1.74 vs SCI: 6.96

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 adjusted book value per share data 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.

Shiller PE for Stocks: The True Measure of Stock Valuation


Service International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Service International'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.

Service International Cyclically Adjusted PB Ratio Chart

Service International 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 6.19 6.28 8.09 7.17 6.73

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 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 7.17 6.97 6.44 5.62 6.73

Competitive Comparison of Service International's Cyclically Adjusted PB Ratio

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 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.

Service International's Cyclically Adjusted PB Ratio for 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.

Service International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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.

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.


Service International  (NYSE:SCI) 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.


Service International Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Service International's Cyclically Adjusted PB Ratio 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