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PBT Group (JSE:PBG) Cyclically Adjusted PS Ratio : 0.89 (As of Jun. 12, 2024)


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What is PBT Group Cyclically Adjusted PS Ratio?

As of today (2024-06-12), PBT Group's current share price is R6.63. PBT Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 was R7.43. PBT Group's Cyclically Adjusted PS Ratio for today is 0.89.

The historical rank and industry rank for PBT Group's Cyclically Adjusted PS Ratio or its related term are showing as below:

JSE:PBG' s Cyclically Adjusted PS Ratio Range Over the Past 10 Years
Min: 0.11   Med: 0.88   Max: 1.86
Current: 0.86

During the past 13 years, PBT Group's highest Cyclically Adjusted PS Ratio was 1.86. The lowest was 0.11. And the median was 0.88.

JSE:PBG's Cyclically Adjusted PS Ratio is ranked better than
71.12% of 1458 companies
in the Software industry
Industry Median: 1.815 vs JSE:PBG: 0.86

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 PS Ratio. The Cyclically Adjusted Revenue per Share is the average of the inflation adjusted revenue per share of a company over the past 10 years.

PBT Group's adjusted revenue per share data of for the fiscal year that ended in Mar23 was R11.261. Add all the adjusted revenue per share for the past 10 years together and divide 10 will get our Cyclically Adjusted Revenue per Share, which is R7.43 for the trailing ten years ended in Mar23.

Shiller PE for Stocks: The True Measure of Stock Valuation


PBT Group Cyclically Adjusted PS Ratio Historical Data

The historical data trend for PBT Group's Cyclically Adjusted PS 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.

PBT Group Cyclically Adjusted PS Ratio Chart

PBT Group Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PS Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.15 0.36 0.72 1.33 1.14

PBT Group Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Cyclically Adjusted PS 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 - 1.33 - 1.14 -

Competitive Comparison of PBT Group's Cyclically Adjusted PS Ratio

For the Information Technology Services subindustry, PBT Group's Cyclically Adjusted PS Ratio, along with its competitors' market caps and Cyclically Adjusted PS 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.


PBT Group's Cyclically Adjusted PS Ratio Distribution in the Software Industry

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

* The bar in red indicates where PBT Group's Cyclically Adjusted PS Ratio falls into.



PBT Group Cyclically Adjusted PS Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PS Ratio takes the Revenue per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/S calculation. Because it considers this 10-year average, it's often referred to as the CAPS 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 PS Ratio.

PBT Group's Cyclically Adjusted PS Ratio for today is calculated as

Cyclically Adjusted PS Ratio=Share Price/ Cyclically Adjusted Revenue per Share
=6.63/7.43
=0.89

* 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.

PBT Group's Cyclically Adjusted Revenue per Share for the fiscal year that ended in Mar23 is calculated as:

For example, PBT Group's adjusted Revenue per Share data for the fiscal year that ended in Mar23 was:

Adj_RevenuePerShare=Revenue per Share/CPI of Mar23 (Change)*Current CPI (Mar23)
=11.261/147.5864*147.5864
=11.261

Current CPI (Mar23) = 147.5864.

PBT Group Annual Data

Revenue per Share CPI Adj_RevenuePerShare
201403 4.075 94.723 6.349
201503 5.052 98.538 7.567
201603 3.368 104.969 4.735
201703 3.480 111.400 4.610
201803 3.709 115.542 4.738
201903 4.743 120.774 5.796
202003 6.961 125.679 8.174
202103 8.519 129.628 9.699
202203 10.582 137.594 11.350
202303 11.261 147.586 11.261

Add all the adjusted revenue per share together and divide 10 will get our Cyclically Adjusted Revenue 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.


PBT Group  (JSE:PBG) Cyclically Adjusted PS Ratio Explanation

Compared with the regular PS Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PS Ratio smoothed out the fluctuations of revenue 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 PS Ratio should give similar results to regular PS Ratio.


PBT Group Cyclically Adjusted PS Ratio Related Terms

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


PBT Group (JSE:PBG) Business Description

Industry
Traded in Other Exchanges
N/A
Address
PBT House, 2 Mews Close, Waterford Mews, Century City, Cape Town, WC, ZAF, 7441
PBT Group Ltd is a South African-based company that offers information management and data analytics services. The company's operating segments are based on geographical locations namely South Africa, Australia, Europe and Other. It generates maximum revenue from the South Africa segment. South Africa segment includes consulting and implementation of data, management information software and healthcare administration services in the Republic of South Africa. It serves finance, insurance, telecommunications, retail, petroleum and medical healthcare industries. The company services include Data Engineering, Analytics and Visualization, Artificial Intelligence, Managed Solutions, Advisory and Strategic Services, Application Development and others.

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