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Reply SpA (FRA:REJA) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is Reply SpA Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Reply SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Reply SpA'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.

Reply SpA Cyclically Adjusted PB Ratio Chart

Reply SpA 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 9.20 10.59 15.90 7.38 7.12

Reply SpA 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 - 6.66 - 7.12 -

Competitive Comparison of Reply SpA's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Reply SpA'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.


Reply SpA's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Reply SpA 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.

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

For example, Reply SpA'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)
=0/120.2000*120.2000
=0.000

Current CPI (Mar. 2024) = 120.2000.

Reply SpA Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.078 100.093 7.299
201409 0.000 99.814 0.000
201412 6.734 99.721 8.117
201503 0.000 99.814 0.000
201506 7.332 100.279 8.789
201509 0.000 100.000 0.000
201512 7.898 99.814 9.511
201603 0.000 99.600 0.000
201606 8.165 99.900 9.824
201609 0.000 100.100 0.000
201612 9.009 100.300 10.796
201703 0.000 101.000 0.000
201706 9.625 101.100 11.443
201709 0.000 101.200 0.000
201712 10.731 101.200 12.746
201803 0.000 101.800 0.000
201806 11.573 102.400 13.585
201809 0.000 102.600 0.000
201812 12.973 102.300 15.243
201903 0.000 102.800 0.000
201906 13.845 103.100 16.141
201909 0.000 102.900 0.000
201912 15.604 102.800 18.245
202003 0.000 102.900 0.000
202006 16.304 102.900 19.045
202009 0.000 102.300 0.000
202012 18.046 102.600 21.142
202103 0.000 103.700 0.000
202106 19.475 104.200 22.465
202109 0.000 104.900 0.000
202112 21.780 106.600 24.559
202203 0.000 110.400 0.000
202206 22.897 112.500 24.464
202209 0.000 114.200 0.000
202212 26.028 119.000 26.290
202303 0.000 118.800 0.000
202306 27.196 119.700 27.310
202309 0.000 120.300 0.000
202312 29.906 119.700 30.031
202403 0.000 120.200 0.000

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.


Reply SpA  (FRA:REJA) 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.


Reply SpA Cyclically Adjusted PB Ratio Related Terms

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


Reply SpA (FRA:REJA) Business Description

Industry
Traded in Other Exchanges
Address
Corso Francia, 110, Turin, ITA, 10143
Reply SpA specialises in consulting, digital services, and the integration of processes, applications, and devices. Reply serves clients in the telecommunication and media, banking, insurance, and financial, industry and services, energy and utilities, and public administration industries. The company provides its services mainly through platforms such as X-Rais Reply, Discovery Reply, Brick Reply, TamTamy, and SideUp Reply. Reply researches, selects, and markets solutions through channels such as data analysis, digital communication, e-commerce, mobile, and social media. Its geographical segments are Italy, United States, Brazil, Poland, Romania, China, Germany, Switzerland, United Kingdom, and Other countries.

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