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Asseco Business Solutions (WAR:ABS) Cyclically Adjusted PB Ratio : 4.93 (As of May. 26, 2024)


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What is Asseco Business Solutions Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Asseco Business Solutions's current share price is zł59.00. Asseco Business Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was zł11.96. Asseco Business Solutions's Cyclically Adjusted PB Ratio for today is 4.93.

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

WAR:ABS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.6   Med: 3.76   Max: 5.18
Current: 4.94

During the past years, Asseco Business Solutions's highest Cyclically Adjusted PB Ratio was 5.18. The lowest was 2.60. And the median was 3.76.

WAR:ABS's Cyclically Adjusted PB Ratio is ranked worse than
74.46% of 1355 companies
in the Software industry
Industry Median: 2.61 vs WAR:ABS: 4.94

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.

Asseco Business Solutions's adjusted book value per share data for the three months ended in Mar. 2024 was zł12.068. 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 zł11.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Asseco Business Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Asseco Business Solutions'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.

Asseco Business Solutions Cyclically Adjusted PB Ratio Chart

Asseco Business Solutions 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 3.33 4.20 4.54 2.99 4.05

Asseco Business Solutions 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 3.23 3.34 3.50 4.05 4.48

Competitive Comparison of Asseco Business Solutions's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Asseco Business Solutions'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.


Asseco Business Solutions's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Asseco Business Solutions 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.

Asseco Business Solutions's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=59.00/11.96
=4.93

* 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.

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

For example, Asseco Business Solutions'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)
=12.068/149.0435*149.0435
=12.068

Current CPI (Mar. 2024) = 149.0435.

Asseco Business Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.342 101.180 10.815
201409 7.524 100.611 11.146
201412 7.800 100.122 11.611
201503 8.043 100.041 11.983
201506 7.398 100.448 10.977
201509 7.642 99.634 11.432
201512 7.957 99.471 11.922
201603 8.267 98.983 12.448
201606 7.534 99.552 11.279
201609 7.869 99.064 11.839
201612 8.229 100.366 12.220
201703 8.630 101.018 12.733
201706 7.640 101.180 11.254
201709 7.946 101.343 11.686
201712 8.366 102.564 12.157
201803 8.809 102.564 12.801
201806 7.941 103.378 11.449
201809 8.367 103.378 12.063
201812 8.927 103.785 12.820
201903 9.241 104.274 13.209
201906 8.162 105.983 11.478
201909 8.631 105.983 12.138
201912 9.459 107.123 13.161
202003 9.923 109.076 13.559
202006 8.593 109.402 11.707
202009 9.065 109.320 12.359
202012 9.933 109.565 13.512
202103 10.423 112.658 13.789
202106 8.920 113.960 11.666
202109 9.481 115.588 12.225
202112 10.368 119.088 12.976
202203 10.895 125.031 12.987
202206 9.316 131.705 10.542
202209 9.952 135.531 10.944
202212 10.822 139.113 11.595
202303 11.430 145.950 11.672
202306 9.713 147.009 9.847
202309 10.483 146.113 10.693
202312 11.349 147.741 11.449
202403 12.068 149.044 12.068

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.


Asseco Business Solutions  (WAR:ABS) 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.


Asseco Business Solutions Cyclically Adjusted PB Ratio Related Terms

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


Asseco Business Solutions (WAR:ABS) Business Description

Traded in Other Exchanges
Address
ul. Konrada Wallenroda 4c, Lublin, POL, 20-607
Asseco Business Solutions SA serves as a Competence Centre accountable for the development of ERP software, mobile reporting systems (SFA), factoring systems and software for SMEs. Its offering also includes the provision, adaptation, and configuration of business applications for enterprises, design, and construction of infrastructure at the client or in the outsourcing model, providing equipment and system software of renowned partners, training for client's personnel, service and remote support for users. The company generates most of its revenue from its ERP Systems segment mainly in Poland.

Asseco Business Solutions (WAR:ABS) Headlines

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