CBIZ
Financial ratios & Valuation

Forward Multiples (2025 – 2025)

2025
Price/Earnings ratio
20.61
Price/Sales ratio
1.83
Earnings per Share (EPS)
$3.1

Historical Multiples (2014 – 2023)

2014 2015 2016 2017 2018 2019 2020 2021 2022 2023 TTM Median
Valuation Ratios
Price/Earnings ratio
13.9014.5317.8916.5117.4520.7018.4429.0422.9025.8623.9517.45
Price/Sales ratio
0.570.660.890.971.161.541.491.861.701.961.781.16
Price/Book Value ratio
0.971.071.521.692.112.732.422.923.383.953.532.11
Price/Cash Flow ratio
9.4210.4610.0811.5610.2114.909.8315.7019.1220.3820.0010.21
Price/Free Cash Flow ratio
10.5812.3910.7113.8611.8617.3610.6716.8520.5323.9821.4811.86
Price/Earnings Growth ratio
-0.211.281.540.740.861.371.71-4.640.441.430.491.37
Dividend Yield
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Profitability Indicator Ratios
Gross Profit Margin
12.46%12.85%12.76%11.66%14.28%13.17%14.37%14.41%15.81%14.14%15.81%14.28%
Operating Profit Margin
7.71%8.51%8.22%7.77%10.03%8.49%9.59%10.98%11.92%10.38%11.92%10.03%
Pretax Profit Margin
7.02%7.70%8.37%8.68%8.65%9.79%10.73%8.42%10.02%10.45%10.02%8.65%
Net Profit Margin
4.13%4.54%5.00%5.88%6.67%7.45%8.12%6.41%7.46%7.60%7.46%6.67%
Effective Tax Rate
39.85%39.47%39.39%31.33%22.87%23.51%24.29%23.78%25.52%27.26%25.52%22.87%
Return on Assets
3.00%3.41%3.58%4.28%5.60%5.04%5.17%4.35%5.60%5.91%5.60%5.60%
Return On Equity
6.99%7.37%8.50%10.25%12.10%13.20%13.15%10.06%14.76%15.28%13.99%12.10%
Return on Capital Employed
7.97%8.78%8.44%7.89%11.92%7.78%8.14%10.07%12.31%10.78%12.31%11.92%
Liquidity Ratios
Current Ratio
1.281.371.301.341.311.241.15N/AN/AN/A1.101.24
Quick Ratio
0.530.630.580.630.730.670.640.620.711.190.660.67
Cash ratio
0.000.000.010.000.000.000.010.000.000.010.000.00
Days of Sales Outstanding
72.5675.1880.0280.3582.0685.4481.8579.9986.4687.2086.4682.06
Days of Inventory outstanding
127.51112.27126.25114.0587.1892.6784.6472.6761.35N/AN/A92.67
Operating Cycle
200.08187.45206.27194.40169.24178.12166.49152.67147.8287.2021.32178.12
Days of Payables Outstanding
21.3119.8423.9424.8127.0730.3628.3525.3824.7822.1324.7830.36
Cash Conversion Cycle
178.76167.61182.32169.58142.16147.76138.14127.29123.0365.0761.67147.76
Debt Ratios
Debt Ratio
0.200.200.170.150.120.070.070.110.150.160.620.12
Debt Equity Ratio
0.480.440.400.370.260.190.180.260.420.431.630.26
Long-term Debt to Capitalization
0.320.300.280.260.200.160.150.180.260.280.380.20
Total Debt to Capitalization
0.320.300.290.270.200.160.150.200.290.300.390.20
Interest Coverage Ratio
4.227.179.979.9513.9213.9618.55N/AN/AN/A20.9413.92
Cash Flow to Debt Ratio
0.210.230.360.390.780.931.330.700.420.440.260.93
Company Equity Multiplier
2.322.152.372.392.152.612.542.312.632.582.632.15
Cash Flow Ratios
Operating Cash Flow / Sales Ratio
0.060.060.080.080.110.100.150.110.080.090.080.10
Free Cash Flow / Operating Cash Flow Ratio
0.880.840.940.830.860.850.920.930.930.840.930.86
Cash Flow Coverage Ratio
0.210.230.360.390.780.931.330.700.420.440.260.93
Short Term Coverage Ratio
57.78N/A67.0238.65N/AN/AN/A4.283.464.233.46N/A
Dividend Payout Ratio
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A