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As of today (2024-10-31), Paycom Software's current share price is $209.03. Paycom Software's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $11.93. Paycom Software's Cyclically Adjusted PB Ratio for today is 17.52.
The historical rank and industry rank for Paycom Software's Cyclically Adjusted PB Ratio or its related term are showing as below:
During the past years, Paycom Software's highest Cyclically Adjusted PB Ratio was 56.60. The lowest was 12.56. And the median was 32.62.
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.
Paycom Software's adjusted book value per share data for the three months ended in Sep. 2024 was $25.502. 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 $11.93 for the trailing ten years ended in Sep. 2024.
The historical data trend for Paycom Software'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.
Paycom Software Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | - | - | - | 39.82 | 21.02 |
Paycom Software Quarterly Data | ||||||||||||||||||||
Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | |
Cyclically Adjusted PB Ratio | Get a 7-Day Free Trial | 27.90 | 21.02 | 18.70 | 12.66 | 13.96 |
For the Software - Application subindustry, Paycom Software'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.
For the Software industry and Technology sector, Paycom Software's Cyclically Adjusted PB Ratio distribution charts can be found below:
* The bar in red indicates where Paycom Software's Cyclically Adjusted PB Ratio falls into.
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.
Paycom Software's Cyclically Adjusted PB Ratio for today is calculated as
Cyclically Adjusted PB Ratio | = | Share Price | / | Cyclically Adjusted Book per Share |
= | 209.03 | / | 11.93 | |
= | 17.52 |
* 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.
Paycom Software's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 is calculated as:
For example, Paycom Software's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:
Adj_Book | = | Book Value per Share | / | CPI of Sep. 2024 (Change) | * | Current CPI (Sep. 2024) |
= | 25.502 | / | 133.0289 | * | 133.0289 | |
= | 25.502 |
Current CPI (Sep. 2024) = 133.0289.
Paycom Software Quarterly Data
Book Value per Share | CPI | Adj_Book | |
201412 | 1.377 | 99.070 | 1.849 |
201503 | 1.421 | 99.621 | 1.898 |
201506 | 1.514 | 100.684 | 2.000 |
201509 | 1.607 | 100.392 | 2.129 |
201512 | 1.721 | 99.792 | 2.294 |
201603 | 2.072 | 100.470 | 2.743 |
201606 | 2.239 | 101.688 | 2.929 |
201609 | 2.263 | 101.861 | 2.955 |
201612 | 2.033 | 101.863 | 2.655 |
201703 | 2.549 | 102.862 | 3.297 |
201706 | 2.503 | 103.349 | 3.222 |
201709 | 2.705 | 104.136 | 3.456 |
201712 | 4.867 | 104.011 | 6.225 |
201803 | 5.750 | 105.290 | 7.265 |
201806 | 5.715 | 106.317 | 7.151 |
201809 | 6.242 | 106.507 | 7.796 |
201812 | 5.844 | 105.998 | 7.334 |
201903 | 6.938 | 107.251 | 8.606 |
201906 | 7.544 | 108.070 | 9.286 |
201909 | 8.237 | 108.329 | 10.115 |
201912 | 9.133 | 108.420 | 11.206 |
202003 | 10.409 | 108.902 | 12.715 |
202006 | 10.173 | 108.767 | 12.442 |
202009 | 10.978 | 109.815 | 13.299 |
202012 | 11.355 | 109.897 | 13.745 |
202103 | 12.911 | 111.754 | 15.369 |
202106 | 13.679 | 114.631 | 15.874 |
202109 | 14.231 | 115.734 | 16.358 |
202112 | 15.406 | 117.630 | 17.423 |
202203 | 17.392 | 121.301 | 19.074 |
202206 | 17.181 | 125.017 | 18.282 |
202209 | 18.601 | 125.227 | 19.760 |
202212 | 20.437 | 125.222 | 21.711 |
202303 | 23.059 | 127.348 | 24.088 |
202306 | 24.275 | 128.729 | 25.086 |
202309 | 24.633 | 129.860 | 25.234 |
202312 | 23.051 | 129.419 | 23.694 |
202403 | 25.427 | 131.776 | 25.669 |
202406 | 25.405 | 132.554 | 25.496 |
202409 | 25.502 | 133.029 | 25.502 |
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.
Paycom Software (NYSE:PAYC) 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.
Thank you for viewing the detailed overview of Paycom Software's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Chad R. Richison | director, 10 percent owner, officer: President and CEO | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Craig E. Boelte | officer: Chief Financial Officer | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Bradley Scott Smith | officer: Chief Information Officer | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Jason D. Clark | director | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Watts J C Jr | director | |
Peters Frederick C Ii | director | BRYN MAWR BANK CORP, 801 LANCASTER AVE, BRYN MAWR PA 19010 |
Christopher Gene Thomas | officer: SEVP of Operations | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Holly Faurot | officer: Chief Sales Officer | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Justin Devon Long | officer: EVP of Operations | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Felicia Williams | director | C/O MACY'S, INC., 151 WEST 34TH STREET, NEW YORK NY 10001 |
Sharen J Turney | director | THREE LIMITED PARKWAY, COLUMBUS OH 43230 |
Jon Evans | officer: Chief Operating Officer | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Jeffrey D. York | officer: Chief Sales Officer | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
Robert J Levenson | director | 300 SEMINOLE AVENUE, P.H. 6B, PALM BEACH FL 33480 |
Kathy Oden-hall | officer: See Remarks | 7501 W. MEMORIAL ROAD, OKLAHOMA CITY OK 73142 |
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