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Peppermint Innovation (ASX:PIL) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Peppermint Innovation Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Peppermint Innovation Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Peppermint Innovation'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.

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Peppermint Innovation Cyclically Adjusted PB Ratio Chart

Peppermint Innovation 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 0.43 0.63 1.23 1.04 1.51

Peppermint Innovation Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 1.04 - 1.51 -

Competitive Comparison of Peppermint Innovation's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Peppermint Innovation'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.


Peppermint Innovation's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Peppermint Innovation's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Peppermint Innovation 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.

Peppermint Innovation's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Peppermint Innovation's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.001/124.1700*124.1700
=0.001

Current CPI (Jun23) = 124.1700.

Peppermint Innovation Annual Data

Book Value per Share CPI Adj_Book
201406 0.019 98.352 0.024
201506 0.004 99.838 0.005
201606 0.002 100.859 0.002
201706 0.001 102.809 0.001
201806 0.000 104.945 0.000
201906 -0.001 106.617 -0.001
202006 -0.001 106.246 -0.001
202106 0.002 110.332 0.002
202206 0.002 117.112 0.002
202306 0.001 124.170 0.001

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.


Peppermint Innovation  (ASX:PIL) 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.


Peppermint Innovation Cyclically Adjusted PB Ratio Related Terms

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Peppermint Innovation (ASX:PIL) Business Description

Traded in Other Exchanges
N/A
Address
300 Murray Street, Off Raine Lane, Level 2 East, The Wentworth Building, Perth, WA, AUS, 6000
Peppermint Innovation Ltd focused on the commercialisation, deployment, and further development of the Peppermint Platform which is focused on the development of a proprietary financial technology solution aimed at delivering financial inclusion to the unbanked and underbanked, facilitating mobile micro business enterprise and providing consumer convenience. The Company operates in three segments: Mobile Banking and Payment Services, which is the key revenue generator; International Remittance; corporate and Head Office.

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