GURUFOCUS.COM » STOCK LIST » Technology » Software » Capgemini SE (XSWX:CAP) » Definitions » Cyclically Adjusted PB Ratio

Capgemini SE (XSWX:CAP) Cyclically Adjusted PB Ratio : (As of Jun. 05, 2024)


View and export this data going back to 2014. Start your Free Trial

What is Capgemini SE 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


Capgemini SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capgemini SE'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.

Capgemini SE Cyclically Adjusted PB Ratio Chart

Capgemini SE 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 2.90 3.32 5.24 3.39 3.74

Capgemini SE Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 5.24 - 3.39 - 3.74

Competitive Comparison of Capgemini SE's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Capgemini SE'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.


Capgemini SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Capgemini SE 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.

Capgemini SE's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Capgemini SE's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=57.318/118.3900*118.3900
=57.318

Current CPI (Dec23) = 118.3900.

Capgemini SE Annual Data

Book Value per Share CPI Adj_Book
201412 37.175 99.860 44.073
201512 43.358 100.040 51.311
201612 46.357 100.650 54.528
201712 48.224 101.850 56.055
201812 50.516 103.470 57.800
201912 54.389 104.980 61.337
202012 39.157 104.960 44.167
202112 51.228 107.850 56.234
202212 55.808 114.160 57.876
202312 57.318 118.390 57.318

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.


Capgemini SE  (XSWX:CAP) 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.


Capgemini SE Cyclically Adjusted PB Ratio Related Terms

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


Capgemini SE (XSWX:CAP) Business Description

Industry
Address
11 rue de Tilsitt, Paris, FRA, 75017
Capgemini is a French IT services company with a global presence. The firm has over 450 offices globally, with more than half of its employees based in India. Capgemini provides services related to IT consulting, software application and technology services, infrastructure management, engineering research and development, and business process outsourcing.

Capgemini SE (XSWX:CAP) Headlines

From GuruFocus