GURUFOCUS.COM » STOCK LIST » Technology » Software » Blackbaud Inc (STU:BNK) » Definitions » Cyclically Adjusted PB Ratio

Blackbaud (STU:BNK) Cyclically Adjusted PB Ratio : 8.53 (As of May. 25, 2024)


View and export this data going back to 2018. Start your Free Trial

What is Blackbaud Cyclically Adjusted PB Ratio?

As of today (2024-05-25), Blackbaud's current share price is €73.00. Blackbaud's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €8.56. Blackbaud's Cyclically Adjusted PB Ratio for today is 8.53.

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

STU:BNK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.75   Med: 14.3   Max: 29.51
Current: 8.38

During the past years, Blackbaud's highest Cyclically Adjusted PB Ratio was 29.51. The lowest was 5.75. And the median was 14.30.

STU:BNK's Cyclically Adjusted PB Ratio is ranked worse than
86.02% of 1352 companies
in the Software industry
Industry Median: 2.615 vs STU:BNK: 8.38

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.

Blackbaud's adjusted book value per share data for the three months ended in Mar. 2024 was €9.517. 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 €8.56 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blackbaud Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Blackbaud'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.

Blackbaud Cyclically Adjusted PB Ratio Chart

Blackbaud 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 16.16 10.43 12.12 7.45 9.46

Blackbaud 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 8.39 8.28 7.87 9.46 7.83

Competitive Comparison of Blackbaud's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Blackbaud'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.


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

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

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



Blackbaud 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.00/8.56
=8.53

* 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.

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

For example, Blackbaud'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)
=9.517/131.7762*131.7762
=9.517

Current CPI (Mar. 2024) = 131.7762.

Blackbaud Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.757 100.560 3.613
201409 3.087 100.428 4.051
201412 3.256 99.070 4.331
201503 3.704 99.621 4.900
201506 3.712 100.684 4.858
201509 3.875 100.392 5.086
201512 4.116 99.792 5.435
201603 4.031 100.470 5.287
201606 4.154 101.688 5.383
201609 4.359 101.861 5.639
201612 4.940 101.863 6.391
201703 4.828 102.862 6.185
201706 4.854 103.349 6.189
201709 4.832 104.136 6.115
201712 5.911 104.011 7.489
201803 5.755 105.290 7.203
201806 6.138 106.317 7.608
201809 6.417 106.507 7.939
201812 6.765 105.998 8.410
201903 6.581 107.251 8.086
201906 6.708 108.070 8.180
201909 7.042 108.329 8.566
201912 7.267 108.420 8.832
202003 6.938 108.902 8.395
202006 7.359 108.767 8.916
202009 7.568 109.815 9.081
202012 7.171 109.897 8.599
202103 7.158 111.754 8.440
202106 6.882 114.631 7.911
202109 6.982 115.734 7.950
202112 12.208 117.630 13.676
202203 12.092 121.301 13.136
202206 12.854 125.017 13.549
202209 13.941 125.227 14.670
202212 13.235 125.222 13.928
202303 12.477 127.348 12.911
202306 13.049 128.729 13.358
202309 13.923 129.860 14.129
202312 13.829 129.419 14.081
202403 9.517 131.776 9.517

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.


Blackbaud  (STU:BNK) 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.


Blackbaud Cyclically Adjusted PB Ratio Related Terms

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


Blackbaud (STU:BNK) Business Description

Industry
Traded in Other Exchanges
Address
65 Fairchild Street, Charleston, SC, USA, 29492
Founded in 1981, Blackbaud provides software solutions designed to serve the "social good" community, including nonprofits, foundations, corporations, educational institutions, healthcare institutions, and individual change agents. Through M&A and organic product development efforts, the company has also moved into related areas outside of core fund raising, notably into K-12 schools. The firm enables more than $100 billion in donations annually across a customer base in excess of 40,000 customers in over 100 countries.

Blackbaud (STU:BNK) Headlines

No Headlines