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ChannelAdvisor (ChannelAdvisor) Cyclically Adjusted PB Ratio : 5.41 (As of May. 28, 2024)


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What is ChannelAdvisor Cyclically Adjusted PB Ratio?

As of today (2024-05-28), ChannelAdvisor's current share price is $23.09. ChannelAdvisor's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 was $4.27. ChannelAdvisor's Cyclically Adjusted PB Ratio for today is 5.41.

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

ECOM's Cyclically Adjusted PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.6
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

ChannelAdvisor's adjusted book value per share data for the three months ended in Sep. 2022 was $5.852. 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 $4.27 for the trailing ten years ended in Sep. 2022.

Shiller PE for Stocks: The True Measure of Stock Valuation


ChannelAdvisor Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ChannelAdvisor'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.

ChannelAdvisor Cyclically Adjusted PB Ratio Chart

ChannelAdvisor Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 6.37

ChannelAdvisor Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 7.23 6.37 4.08 3.45 5.30

Competitive Comparison of ChannelAdvisor's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, ChannelAdvisor'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.


ChannelAdvisor's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



ChannelAdvisor 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=23.09/4.27
=5.41

* 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.

ChannelAdvisor's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2022 is calculated as:

For example, ChannelAdvisor's adjusted Book Value per Share data for the three months ended in Sep. 2022 was:

Adj_Book=Book Value per Share/CPI of Sep. 2022 (Change)*Current CPI (Sep. 2022)
=5.852/125.2265*125.2265
=5.852

Current CPI (Sep. 2022) = 125.2265.

ChannelAdvisor Quarterly Data

Book Value per Share CPI Adj_Book
201212 -3.721 96.871 -4.810
201303 0.755 98.209 0.963
201306 4.340 98.518 5.517
201309 4.159 98.790 5.272
201312 4.981 98.326 6.344
201403 4.483 99.695 5.631
201406 4.182 100.560 5.208
201409 3.907 100.428 4.872
201412 3.759 99.070 4.751
201503 3.473 99.621 4.366
201506 3.320 100.684 4.129
201509 3.254 100.392 4.059
201512 3.326 99.792 4.174
201603 3.229 100.470 4.025
201606 3.065 101.688 3.774
201609 3.058 101.861 3.759
201612 3.352 101.863 4.121
201703 3.064 102.862 3.730
201706 3.013 103.349 3.651
201709 2.976 104.136 3.579
201712 3.079 104.011 3.707
201803 3.223 105.290 3.833
201806 3.168 106.317 3.731
201809 3.179 106.507 3.738
201812 3.278 105.998 3.873
201903 3.212 107.251 3.750
201906 3.202 108.070 3.710
201909 3.271 108.329 3.781
201912 3.549 108.420 4.099
202003 3.635 108.902 4.180
202006 3.992 108.767 4.596
202009 4.162 109.815 4.746
202012 4.483 109.897 5.108
202103 4.708 111.754 5.276
202106 4.933 114.631 5.389
202109 5.019 115.734 5.431
202112 6.234 117.630 6.637
202203 6.277 121.301 6.480
202206 5.883 125.017 5.893
202209 5.852 125.227 5.852

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.


ChannelAdvisor  (NYSE:ECOM) 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.


ChannelAdvisor Cyclically Adjusted PB Ratio Related Terms

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


ChannelAdvisor (ChannelAdvisor) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3025 Carrington Mill Boulevard, Suite 500, Morrisville, NC, USA, 27560
ChannelAdvisor Corp is a provider of Software-as-a-Service solutions for retailers and manufacturers. Its solutions enable clients to integrate and manage its merchandise sales across multiple online channels and are offered on the firm's cloud-based platform. These solutions include inventory availability, pricing optimization, and data analytics capabilities. The company derives revenue from subscription fees to its Software-as-a-Service platform, which is typically sold on an annual basis. A majority of the firm's revenue is generated in the United States, but it has a presence in countries across the world.
Executives
M Scot Wingo director, officer: Chief Executive Officer 3000 AERIAL CTR, STE 110, MORRISVILLE NC 27560
Timothy V Williams director 3100 MAIN STREET, STE 900, HOUSTON TX 77002
Himanshu Palsule director C/O CHANNELADVISOR, INC., 3025 CARRINGTON MILL BOULEVARD, MORRISVILLE NC 27560
Janet Raye Cowell director C/O COOLEY LLP, 11951 FREEDOM DRIVE, SUITE 1600, RESTON VA 20190
Linda M. Crawford director 3365 CLAY STREET, SAN FRANCISCO CA 94118
Joseph L Cowan director 9715 KEY WEST AVENUE, ROCKVILLE MD 20850
Marshall Heinberg director 1 CORPORATE AVENUE, ROWVILLE C3 3178
Elizabeth Segovia officer: Chief Operating Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, STE 500, MORRISVILLE VA 27560
Timothy Buckley director C/O RED HAT, INC, 1801 VARSITY DRIVE, RALEIGH NC 27606
David J Spitz officer: President and COO C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27568
Marc Huffman director C/O NETSUITE INC., 2955 CAMPUS DRIVE, SUITE 100, SAN MATEO CA 94403
Richard Cornetta officer: Chief Accounting Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, MORRISVILLE NC 27560
Mark Cook officer: Chief Financial Officer C/O CHANNELADVISOR CORPORATION, 3025 CARRINGTON MILL BOULEVARD, RALEIGH NC 27601
Patrick J Kerins director, 10 percent owner
Diana Semel Allen officer: VP and General Counsel C/O CHANNELADVISOR CORPORATION, 2701 AERIAL CENTER PARKWAY, MORRISVILLE NC 27560