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


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What is Surgepays Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Surgepays Cyclically Adjusted PB Ratio Historical Data

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

Surgepays Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Surgepays Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Surgepays's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Surgepays'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.


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

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

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



Surgepays 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.

Surgepays's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=1.961/129.4194*129.4194
=1.961

Current CPI (Dec. 2023) = 129.4194.

Surgepays Quarterly Data

Book Value per Share CPI Adj_Book
201401 -48.346 98.692 -63.399
201404 -47.332 100.023 -61.243
201407 -48.453 100.520 -62.383
201410 -49.200 100.176 -63.563
201501 -49.733 98.604 -65.276
201506 -0.137 100.684 -0.176
201509 -0.211 100.392 -0.272
201512 -0.890 99.792 -1.154
201603 -1.238 100.470 -1.595
201606 -0.966 101.688 -1.229
201609 -1.325 101.861 -1.683
201612 -1.591 101.863 -2.021
201703 -0.435 102.862 -0.547
201706 -0.370 103.349 -0.463
201709 -0.419 104.136 -0.521
201712 -0.351 104.011 -0.437
201803 0.518 105.290 0.637
201806 -2.577 106.317 -3.137
201809 -2.328 106.507 -2.829
201812 -1.137 105.998 -1.388
201903 -1.052 107.251 -1.269
201906 -0.938 108.070 -1.123
201909 -0.833 108.329 -0.995
201912 -2.306 108.420 -2.753
202003 -3.284 108.902 -3.903
202006 -3.089 108.767 -3.676
202009 -3.838 109.815 -4.523
202012 -4.219 109.897 -4.968
202103 -3.517 111.754 -4.073
202106 -2.893 114.631 -3.266
202109 -3.211 115.734 -3.591
202112 0.294 117.630 0.323
202203 0.198 121.301 0.211
202206 0.172 125.017 0.178
202209 0.051 125.227 0.053
202212 0.354 125.222 0.366
202303 0.695 127.348 0.706
202306 1.148 128.729 1.154
202309 1.652 129.860 1.646
202312 1.961 129.419 1.961

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.


Surgepays  (NAS:SURG) 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.


Surgepays Cyclically Adjusted PB Ratio Related Terms

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


Surgepays (Surgepays) Business Description

Industry
Traded in Other Exchanges
Address
3124 Brother Boulevard, Suite 104, Bartlett, TN, USA, 38133
Surgepays Inc is a fintech company focused on the underbanked community. It provides services to financial technology, telecommunications, and digital media companies. Its operating segment includes Surge Blockchain and Other; Surge Logics; TW and ECS (Electronic Check Services). The Company's blockchain platform utilizes a suite of financial and prepaid products to convert corner stores into tech hubs for underbanked neighbourhoods. The neighbourhood stores are profit partners that provide a multichannel distribution network for SurgePays.
Executives
Kevin Brian Cox director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 3124 BROTHER BLVD, STE. 104, BARTLETT W6 38133
Laurie Weisberg director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Richard Earl Schurfeld director 1600 MADISON AVENUE, 4TH FLOOR, TOLEDO OH 43604
John Mott officer: CHIEF TECHNOLOGY OFFICER 890 W, HILLWOOD DM, NASHVILLE TN 37205
David Allen May director 12131 BROOKS RIVER DR, ARLINGTON TN 38002
Nuzzo Anthony P. Jr director, officer: President and COO 3124 BROTHER BLVD, STE 104, BARTLETT TN 38133
Anthony Geogre Evers officer: Chief Financial Officer 701 ASHTON LANE, SOUTH ELGIN IL 60177
David N Keys director 3770 HOWARD HUGHES PARKWAY, STE 300, LAS VEGAS NV 89109
David C Ansani director 1375 VALLEY RD, BANNOCKBURN L3 60015
Campbell Ted Dudley Ii director PO BOX 1358, SPRING BRANCH TX 78070
Clinton W Coldren director, 10 percent owner, officer: PRESIDENT, CEO & CFO 1535 SONIAT ST.,, NEW ORLEANS LA 70115
Alan G Massara director 339 NORWOOD AVENUE, AVON BY THE SEA NJ 07717
Ross E Silvey director, officer: CEO and President 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Vladimir Fedyunin director, 10 percent owner, officer: President, CEO and CFO PO BOX 158, LIONS BAY A1 VON 2E0

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