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EVI Industries (EVI Industries) Cyclically Adjusted PB Ratio : 2.86 (As of Jun. 08, 2024)


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What is EVI Industries Cyclically Adjusted PB Ratio?

As of today (2024-06-08), EVI Industries's current share price is $18.61. EVI Industries's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.51. EVI Industries's Cyclically Adjusted PB Ratio for today is 2.86.

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

EVI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.65   Med: 5.32   Max: 34.48
Current: 2.86

During the past years, EVI Industries's highest Cyclically Adjusted PB Ratio was 34.48. The lowest was 1.65. And the median was 5.32.

EVI's Cyclically Adjusted PB Ratio is ranked worse than
75.2% of 125 companies
in the Industrial Distribution industry
Industry Median: 1.3 vs EVI: 2.86

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.

EVI Industries's adjusted book value per share data for the three months ended in Mar. 2024 was $10.525. 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 $6.51 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


EVI Industries Cyclically Adjusted PB Ratio Historical Data

The historical data trend for EVI Industries'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.

EVI Industries Cyclically Adjusted PB Ratio Chart

EVI Industries Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.88 8.22 8.17 2.18 3.90

EVI Industries 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 3.70 3.90 4.19 3.86 3.83

Competitive Comparison of EVI Industries's Cyclically Adjusted PB Ratio

For the Industrial Distribution subindustry, EVI Industries'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.


EVI Industries's Cyclically Adjusted PB Ratio Distribution in the Industrial Distribution Industry

For the Industrial Distribution industry and Industrials sector, EVI Industries's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



EVI Industries 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.

EVI Industries's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=18.61/6.51
=2.86

* 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.

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

For example, EVI Industries'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)
=10.525/131.7762*131.7762
=10.525

Current CPI (Mar. 2024) = 131.7762.

EVI Industries Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.638 100.560 0.836
201409 0.704 100.428 0.924
201412 0.573 99.070 0.762
201503 0.635 99.621 0.840
201506 0.676 100.684 0.885
201509 0.698 100.392 0.916
201512 0.552 99.792 0.729
201603 0.662 100.470 0.868
201606 0.724 101.688 0.938
201609 0.774 101.861 1.001
201612 2.581 101.863 3.339
201703 2.669 102.862 3.419
201706 3.078 103.349 3.925
201709 3.166 104.136 4.006
201712 3.917 104.011 4.963
201803 5.037 105.290 6.304
201806 5.098 106.317 6.319
201809 6.038 106.507 7.471
201812 6.318 105.998 7.855
201903 6.832 107.251 8.394
201906 6.935 108.070 8.456
201909 7.110 108.329 8.649
201912 7.135 108.420 8.672
202003 7.338 108.902 8.879
202006 7.359 108.767 8.916
202009 7.451 109.815 8.941
202012 8.026 109.897 9.624
202103 8.120 111.754 9.575
202106 8.693 114.631 9.993
202109 8.897 115.734 10.130
202112 8.991 117.630 10.072
202203 9.211 121.301 10.006
202206 9.398 125.017 9.906
202209 9.679 125.227 10.185
202212 9.926 125.222 10.446
202303 10.195 127.348 10.550
202306 10.412 128.729 10.658
202309 10.629 129.860 10.786
202312 10.382 129.419 10.571
202403 10.525 131.776 10.525

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.


EVI Industries  (AMEX:EVI) 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.


EVI Industries Cyclically Adjusted PB Ratio Related Terms

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


EVI Industries (EVI Industries) Business Description

Traded in Other Exchanges
N/A
Address
4500 Biscayne Boulevard, Suite 340, Miami, FL, USA, 33137
EVI Industries Inc through its subsidiaries, is a distributor that sells, leases, and rents commercial, industrial, and vended laundry and dry cleaning equipment and steam and hot water boilers manufactured by others, supplies related replacement parts and accessories, designs and plans turn-key laundry, dry cleaning, and boiler systems, and provides installation and maintenance services to its customers, which include commercial, industrial, institutional, government, and retail customers. These activities are conducted in the United States, Canada, the Caribbean and Latin America.
Executives
Hal M Lucas director 290 NE 68 STREET, MIAMI FL 33138
Thomas Marks officer: EVP, Business Development 2331 TRIPALDI WAY, HAYWARD CA 94545
Henry M Nahmad director, 10 percent owner, officer: Chairman, CEO and President C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert Lazar officer: Chief Financial Officer 770 SOUTH DIXIE HIGHWAY #200, CORAL CABLES FL 33146
David Blyer director
Glen Kruger director 4500 BISCAYNE BOULEVARD, SUITE 340, MIAMI FL 33137
Timothy P Lamacchia director 290 N.E. 68TH STREET, MIAMI FL 33138
Western State Design, Llc 10 percent owner 2331 TRIPALDI WAY, HAYWARD CA 94545
Dennis W. Mack director, 10 percent owner, officer: Executive Vice President 2331 TRIPALDI WAY, HAYWARD CA 94545
Michael S Steiner director, 10 percent owner, officer: President and CEO 290 NE 68 STREET, MIAMI FL 33138
Symmetric Capital Ii Llc 10 percent owner 290 NE 68 STREET, MIAMI FL 33138
Todd Oretsky director 330 SW 2ND STREET, SUITE 209, FORT LAUDERDALE FL 33312
Symmetric Capital Llc 10 percent owner C/O ENVIROSTAR, INC., 290 NE 68 STREET, MIAMI FL 33138
Robert M Steiner 10 percent owner 315 CORNWALL STREET, SAN FRANCISCO CA 94118
Indelicato Venerando director, officer: Treasurer and CFO 12307 MARBLEHEAD DRIVE, TAMPA FL 33626

EVI Industries (EVI Industries) Headlines