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Paybox (Paybox) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


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What is Paybox Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Paybox Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Paybox'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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Paybox Cyclically Adjusted PB Ratio Chart

Paybox Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Cyclically Adjusted PB Ratio
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Paybox Quarterly Data
Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16
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Competitive Comparison of Paybox's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Paybox'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.


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

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

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



Paybox 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.

Paybox's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2016 is calculated as:

For example, Paybox's adjusted Book Value per Share data for the three months ended in Dec. 2016 was:

Adj_Book=Book Value per Share/CPI of Dec. 2016 (Change)*Current CPI (Dec. 2016)
=57.383/101.8627*101.8627
=57.383

Current CPI (Dec. 2016) = 101.8627.

Paybox Quarterly Data

Book Value per Share CPI Adj_Book
200703 -116.292 86.640 -136.724
200706 -87.792 87.906 -101.731
200709 -45.257 87.964 -52.408
200712 -28.915 88.616 -33.237
200803 52.727 90.090 59.617
200806 58.990 92.320 65.087
200809 70.641 92.307 77.954
200812 85.725 88.697 98.449
200903 91.503 89.744 103.859
200906 104.352 91.003 116.804
200909 58.750 91.120 65.677
200912 63.135 91.111 70.585
201003 71.371 91.821 79.176
201006 77.987 91.962 86.383
201009 84.463 92.162 93.354
201012 84.775 92.474 93.382
201103 86.305 94.283 93.243
201106 69.656 95.235 74.504
201109 75.062 95.727 79.873
201112 43.513 95.213 46.552
201203 43.937 96.783 46.243
201206 50.322 96.819 52.943
201209 52.443 97.633 54.715
201212 56.801 96.871 59.728
201303 59.123 98.209 61.322
201306 62.659 98.518 64.786
201309 63.027 98.790 64.987
201312 61.891 98.326 64.117
201403 61.130 99.695 62.459
201406 62.264 100.560 63.071
201409 64.625 100.428 65.548
201412 66.022 99.070 67.883
201503 68.938 99.621 70.489
201506 71.333 100.684 72.168
201509 74.520 100.392 75.612
201512 78.578 99.792 80.208
201603 80.650 100.470 81.768
201606 81.357 101.688 81.497
201609 81.776 101.861 81.777
201612 57.383 101.863 57.383

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.


Paybox  (OTCPK:PBOX) 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.


Paybox Cyclically Adjusted PB Ratio Related Terms

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


Paybox (Paybox) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Paybox Corp operates as a software as a service provider (SaaS) company. It provides a unified working capital management platform for Order-to-Cash and Procure-to-Pay processes. The company offers PAYBOX, an Order-to-Cash process, which streamlines the receivables processes by combining invoice presentment, online adjustments, and approvals, electronic payments, enterprise resource planning, or lockbox system to corporate users primarily through banks. In addition, it also provides Procure-to-Pay, an e-invoice management solution for accounts payable, which renders various services, including supplier self-service portal, supplier electronic invoice submission, invoice matching and workflow exception handling, invoice approval and payment, and vendor boarding and supplier services.
Executives
James A Cannavino director
Lowell Rush officer: CFO, Secretary & Treasurer C/O DIRECT INSITE CORP., 500 EAST BROWARD BOULEVARD, SUITE 1550, FORT LAUDERDALE FL 33394
Craig W Thomas director 2100 CRESCENT AVENUE, CHARLOTTE NC 28207
Arnold P Leap officer: EVP & Chief Tech. Officer ONE OLD COUNTRY ROAD, SUITE 500, CARLE PLACE NY 11514
M Bernard Puckett other: Former Director 1499 POST ROAD FAIRFIELD CT 06824
Michael Beecher officer: Chief Financial Officer C/O DIRECT INSITE CORP, 80 ORVILLE DRIVE, BOHEMIA NY 11716
Mechem Charles S Jr director 2803 TETON PINE DR, WILSON WY 83014
Sigma Capital Partners, Llc 10 percent owner 800 THIRD AVENUE, NEW YORK NY 10022
Sigma Capital Advisors, Llc 10 percent owner 800 THIRD AVENUE, NEW YORK NY 10022
Thom Waye 10 percent owner C/O SIGMA CAPITAL ADVISORS, LLC, 800 THIRD AVENUE, NEW YORK NY 10022
Sigma Opportunity Fund Llc 10 percent owner 800 THIRD AVENUE SUITE 1701 NEW YORK NY 10022

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