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Software AG (Software AG) Cyclically Adjusted PB Ratio : (As of Apr. 30, 2024)


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What is Software AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Software AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Software AG'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.

Software AG Cyclically Adjusted PB Ratio Chart

Software AG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.42 2.26 2.29 2.17 1.34

Software AG Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.32 1.34 1.07 1.69 1.65

Competitive Comparison of Software AG's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Software AG'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.


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

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

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



Software AG 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.

Software AG's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2023 is calculated as:

For example, Software AG's adjusted Book Value per Share data for the three months ended in Sep. 2023 was:

Adj_Book=Book Value per Share/CPI of Sep. 2023 (Change)*Current CPI (Sep. 2023)
=5.463/124.1946*124.1946
=5.463

Current CPI (Sep. 2023) = 124.1946.

Software AG Quarterly Data

Book Value per Share CPI Adj_Book
201312 4.053 99.356 5.066
201403 4.016 99.543 5.011
201406 3.910 99.543 4.878
201409 3.966 99.823 4.934
201412 3.955 99.543 4.934
201503 3.788 99.717 4.718
201506 3.833 100.417 4.741
201509 3.813 100.417 4.716
201512 3.891 99.717 4.846
201603 4.006 100.017 4.974
201606 3.986 100.717 4.915
201609 4.101 101.017 5.042
201612 4.138 101.217 5.077
201703 4.219 101.417 5.167
201706 4.086 102.117 4.969
201709 4.368 102.717 5.281
201712 4.470 102.617 5.410
201803 4.646 102.917 5.607
201806 4.451 104.017 5.314
201809 4.607 104.718 5.464
201812 4.761 104.217 5.674
201903 4.937 104.217 5.883
201906 4.810 105.718 5.651
201909 4.998 106.018 5.855
201912 5.094 105.818 5.979
202003 5.138 105.718 6.036
202006 5.277 106.618 6.147
202009 5.206 105.818 6.110
202012 5.393 105.518 6.348
202103 5.464 107.518 6.312
202106 5.412 108.486 6.196
202109 5.443 109.435 6.177
202112 5.489 110.384 6.176
202203 5.607 113.968 6.110
202206 5.457 115.760 5.855
202209 5.330 118.818 5.571
202212 5.410 119.345 5.630
202303 5.367 122.402 5.446
202306 5.428 123.140 5.474
202309 5.463 124.195 5.463

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.


Software AG  (OTCPK:STWRY) 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.


Software AG Cyclically Adjusted PB Ratio Related Terms

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Software AG (Software AG) Business Description

Industry
Traded in Other Exchanges
Address
Uhlandstrasse 12, Darmstadt, HE, DEU, 64297
Software AG is a Germany-based provider of software solutions for the banking, communication and media, local and federal government, energy, insurance, transportation, retail, and manufacturing end markets. Its services include business process management, portfolio management, risk and compliance management, operational intelligence, and streaming analytics, many of which are delivered via cloud-based software applications. The firm has operations in Germany; the USA and other countries.

Software AG (Software AG) Headlines

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