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Unisys (STU:USY1) Cyclically Adjusted PB Ratio : (As of Jun. 01, 2024)


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What is Unisys Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Unisys Cyclically Adjusted PB Ratio Historical Data

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

Unisys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Unisys Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Unisys's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Unisys'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.


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

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

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



Unisys 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.

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

For example, Unisys'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)
=-2.108/131.7762*131.7762
=-2.108

Current CPI (Mar. 2024) = 131.7762.

Unisys Quarterly Data

Book Value per Share CPI Adj_Book
201406 -9.823 100.560 -12.872
201409 -8.858 100.428 -11.623
201412 -23.824 99.070 -31.689
201503 -26.510 99.621 -35.067
201506 -26.257 100.684 -34.365
201509 -26.234 100.392 -34.435
201512 -25.566 99.792 -33.760
201603 -24.516 100.470 -32.155
201606 -22.907 101.688 -29.685
201609 -22.699 101.861 -29.365
201612 -30.862 101.863 -39.925
201703 -29.929 102.862 -38.342
201706 -28.578 103.349 -36.439
201709 -27.065 104.136 -34.249
201712 -22.668 104.011 -28.719
201803 -20.708 105.290 -25.917
201806 -21.403 106.317 -26.528
201809 -20.760 106.507 -25.685
201812 -23.110 105.998 -28.730
201903 -22.684 107.251 -27.871
201906 -21.547 108.070 -26.274
201909 -16.984 108.329 -20.660
201912 -18.251 108.420 -22.183
202003 -3.517 108.902 -4.256
202006 -3.865 108.767 -4.683
202009 -3.204 109.815 -3.845
202012 -4.655 109.897 -5.582
202103 -4.156 111.754 -4.901
202106 -3.819 114.631 -4.390
202109 -3.725 115.734 -4.241
202112 -1.497 117.630 -1.677
202203 -1.718 121.301 -1.866
202206 -2.054 125.017 -2.165
202209 -2.743 125.227 -2.886
202212 -0.205 125.222 -0.216
202303 0.228 127.348 0.236
202306 0.154 128.729 0.158
202309 -0.444 129.860 -0.451
202312 -2.035 129.419 -2.072
202403 -2.108 131.776 -2.108

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.


Unisys  (STU:USY1) 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.


Unisys Cyclically Adjusted PB Ratio Related Terms

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


Unisys (STU:USY1) Business Description

Industry
Traded in Other Exchanges
Address
801 Lakeview Drive, Suite 100, Blue Bell, PA, USA, 19422
Unisys Corp is engaged in the provision of technology solutions for clients across the government, financial services, and commercial markets. It operates through three business segments: Digital Workplace Solutions (DWS), Cloud & Infrastructure Solutions (C&I), and Enterprise Computing Solutions (ECS). DWS provides solutions that transform digital workplaces securely and create exceptional end-user experiences. C&I provides solutions that drive modern IT service platforms, cloud applications development, intelligent services, and cybersecurity services. ECS provides solutions that harness secure, continuous high-intensity computing and enable digital services through software-defined operating environments.

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