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Stericycle (Stericycle) Cyclically Adjusted PB Ratio : 1.39 (As of Apr. 28, 2024)


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What is Stericycle Cyclically Adjusted PB Ratio?

As of today (2024-04-28), Stericycle's current share price is $46.31. Stericycle's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $33.32. Stericycle's Cyclically Adjusted PB Ratio for today is 1.39.

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

SRCL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.17   Med: 2.77   Max: 11.34
Current: 1.39

During the past years, Stericycle's highest Cyclically Adjusted PB Ratio was 11.34. The lowest was 1.17. And the median was 2.77.

SRCL's Cyclically Adjusted PB Ratio is ranked better than
54.55% of 132 companies
in the Waste Management industry
Industry Median: 1.485 vs SRCL: 1.39

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.

Stericycle's adjusted book value per share data for the three months ended in Mar. 2024 was $27.126. 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 $33.32 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Stericycle Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Stericycle'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.

Stericycle Cyclically Adjusted PB Ratio Chart

Stericycle 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 2.52 2.58 2.01 1.55 1.49

Stericycle 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 1.33 1.40 1.34 1.49 1.58

Competitive Comparison of Stericycle's Cyclically Adjusted PB Ratio

For the Waste Management subindustry, Stericycle'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.


Stericycle's Cyclically Adjusted PB Ratio Distribution in the Waste Management Industry

For the Waste Management industry and Industrials sector, Stericycle's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Stericycle 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.

Stericycle's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=46.31/33.32
=1.39

* 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.

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

For example, Stericycle'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)
=27.126/129.4194*129.4194
=27.126

Current CPI (Mar. 2024) = 129.4194.

Stericycle Quarterly Data

Book Value per Share CPI Adj_Book
201406 21.559 100.560 27.746
201409 21.902 100.428 28.225
201412 22.325 99.070 29.164
201503 22.661 99.621 29.439
201506 23.139 100.684 29.743
201509 31.976 100.392 41.222
201512 32.172 99.792 41.723
201603 33.083 100.470 42.615
201606 33.169 101.688 42.214
201609 33.475 101.861 42.532
201612 32.950 101.863 41.864
201703 33.792 102.862 42.516
201706 32.224 103.349 40.353
201709 32.892 104.136 40.878
201712 33.878 104.011 42.154
201803 34.346 105.290 42.217
201806 33.726 106.317 41.055
201809 32.246 106.507 39.183
201812 28.527 105.998 34.830
201903 28.267 107.251 34.110
201906 28.079 108.070 33.626
201909 27.154 108.329 32.440
201912 25.558 108.420 30.508
202003 24.904 108.902 29.596
202006 25.045 108.767 29.800
202009 25.504 109.815 30.057
202012 26.543 109.897 31.258
202103 26.636 111.754 30.846
202106 27.134 114.631 30.634
202109 26.345 115.734 29.460
202112 26.112 117.630 28.729
202203 25.814 121.301 27.542
202206 25.515 125.017 26.414
202209 25.189 125.227 26.032
202212 26.249 125.222 27.129
202303 26.465 127.348 26.896
202306 26.835 128.729 26.979
202309 26.757 129.860 26.666
202312 27.241 129.419 27.241
202403 27.126 129.419 27.126

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.


Stericycle  (NAS:SRCL) 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.


Stericycle Cyclically Adjusted PB Ratio Related Terms

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


Stericycle (Stericycle) Business Description

Traded in Other Exchanges
Address
2355 Waukegan Road, Bannockburn, IL, USA, 60015
Stericycle is the largest provider of medical waste disposal and data destruction (primarily paper shredding) services in the United States. Its next closest national competitor in the medical waste disposal space is Sharps Compliance, which generated $76 million of sales in fiscal 2021 before its 2022 acquisition (about 4% of Stericycle's global regulated waste and compliance revenue). Stericycle's data destruction business (Shred-It) is about twice the size of its closest competitor (Iron Mountain's information destruction segment). Stericycle has a global presence, with about 20% of its revenue earned outside North America.
Executives
Joseph Anthony Reuter officer: EVP & Chief People Officer 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Victoria L Dolan director C/O COLGATE-PALMOLIVE COMPANY, 300 PARK AVENUE, NEW YORK NY 10022
Naren K Gursahaney director 1501 YAMATO ROAD, BOCA RATON FL 33431
White Stephen Cory officer: EVP C&RS 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Daniel Ginnetti officer: Chief Financial Officer 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
David W. Stahl officer: EVP and CIO 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
James L Welch director 5550 SW MACADAM AVENUE, SUITE 200, PORTLAND OR 97239
James J Martell director 314 RINGLING POINT DRIVE, SARASOTA FL 34234
Janet Zelenka officer: EVP, Chief Financial Officer 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Dominic Culotta officer: EVP Engineering 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Mark C Miller officer: CEO C/O STERICYCLE INC., 28161 N KEITH DRIVE, LAKE FOREST IL 60045
Stephen C Hooley director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Hackney Jesse Joel Jr director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
William J. Seward officer: EVP, Chief Commercial Officer 28161 N. KEITH DRIVE, LAKE FOREST IL 60045
Richard Michael Moore officer: EVP North America Operations 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015