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CSG Systems International (CSG Systems International) Cyclically Adjusted PB Ratio : 3.77 (As of Apr. 27, 2024)


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What is CSG Systems International Cyclically Adjusted PB Ratio?

As of today (2024-04-27), CSG Systems International's current share price is $48.06. CSG Systems International's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $12.75. CSG Systems International's Cyclically Adjusted PB Ratio for today is 3.77.

The historical rank and industry rank for CSG Systems International's Cyclically Adjusted PB Ratio or its related term are showing as below:

CSGS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.05   Med: 4.33   Max: 6.36
Current: 3.78

During the past years, CSG Systems International's highest Cyclically Adjusted PB Ratio was 6.36. The lowest was 3.05. And the median was 4.33.

CSGS's Cyclically Adjusted PB Ratio is ranked worse than
64.13% of 1288 companies
in the Software industry
Industry Median: 2.495 vs CSGS: 3.78

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.

CSG Systems International's adjusted book value per share data for the three months ended in Dec. 2023 was $9.252. 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 $12.75 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CSG Systems International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CSG Systems International'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.

CSG Systems International Cyclically Adjusted PB Ratio Chart

CSG Systems International 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 5.13 4.22 4.87 4.53 4.17

CSG Systems International Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 4.53 4.19 4.08 3.96 4.17

Competitive Comparison of CSG Systems International's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, CSG Systems International'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.


CSG Systems International's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



CSG Systems International 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.

CSG Systems International's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=48.06/12.75
=3.77

* 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.

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

For example, CSG Systems International'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)
=9.252/129.4194*129.4194
=9.252

Current CPI (Dec. 2023) = 129.4194.

CSG Systems International Quarterly Data

Book Value per Share CPI Adj_Book
201403 10.893 99.695 14.141
201406 11.229 100.560 14.452
201409 10.810 100.428 13.931
201412 10.565 99.070 13.802
201503 9.375 99.621 12.179
201506 10.002 100.684 12.857
201509 10.214 100.392 13.167
201512 10.623 99.792 13.777
201603 6.878 100.470 8.860
201606 7.438 101.688 9.466
201609 7.806 101.861 9.918
201612 7.791 101.863 9.899
201703 8.979 102.862 11.297
201706 9.351 103.349 11.710
201709 9.675 104.136 12.024
201712 10.226 104.011 12.724
201803 10.634 105.290 13.071
201806 10.425 106.317 12.690
201809 10.715 106.507 13.020
201812 10.888 105.998 13.294
201903 11.043 107.251 13.326
201906 11.322 108.070 13.559
201909 11.584 108.329 13.839
201912 12.060 108.420 14.396
202003 11.696 108.902 13.900
202006 12.020 108.767 14.302
202009 12.375 109.815 14.584
202012 12.912 109.897 15.206
202103 12.976 111.754 15.027
202106 13.409 114.631 15.139
202109 13.461 115.734 15.053
202112 13.436 117.630 14.783
202203 12.609 121.301 13.453
202206 11.711 125.017 12.123
202209 10.874 125.227 11.238
202212 11.361 125.222 11.742
202303 11.624 127.348 11.813
202306 12.072 128.729 12.137
202309 8.763 129.860 8.733
202312 9.252 129.419 9.252

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.


CSG Systems International  (NAS:CSGS) 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.


CSG Systems International Cyclically Adjusted PB Ratio Related Terms

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


CSG Systems International (CSG Systems International) Business Description

Traded in Other Exchanges
Address
169 Inverness Dr W, Suite 300, Englewood, CO, USA, 80111
CSG Systems International Inc is a purpose-driven, SaaS platform company that enables companies in a wide variety of industry verticals to tackle the growing complexity of business in the digital age. The company's cloud-first architecture and customer-centric approach empower companies to deliver unforgettable experiences for B2B (business-to-business), B2C (business-to-consumer), and B2B2X (business-to-business-to-consumer) customers, making it easier for people and businesses to connect to, use and pay for the services the company offers. The company operates in one segment i.e. Solutions and Services. Geographically, the company generates revenue from Americas (principally the U.S.).
Executives
Lori Szwanek officer: SVP, Chief Accounting Officer 2803 N 161ST AVENUE, OMAHA NE 68116
Kenneth M Kennedy officer: EVP Product Development 33 W MONROE ST, SUITE 900, CHICAGO IL 60603
Eric Carrasquilla officer: EVP Pres. Customer Experience 1600 SEAPORT BLVD., SUITE 400, PACIFIC SHORES CENTER - BUILDING 6, REDWOOD CITY CA 94063
Rachel A. Barger director 751 SHERWOOD RD NE, ATLANTA GA 30324
Chad Dunavant officer: EVP Product & Strategy Officer 6175 S WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111
Alfred George Binford officer: President, Customer Engagement 6175 S WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111
Rasmani Bhattacharya officer: SVP, General Counsel 6175 S. WILLOW DR 10TH FLOOR, GREENWOOD VILLAGE CO 80111
David Neil Schaaf officer: SVP, Chief Accounting Officer 6175 SOUTH WILLOW DRIVE, GREENWOOD VILLAGE CO 80111
Hai Tran officer: EVP & CFO C/O SOC TELEMED, INC., 1768 BUSINESS CENTER DRIVE, SUITE 100, RESTON VA 20190
Gregory A Conley director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Elizabeth A Bauer officer: EVP, CMO & CCO 6175 SOUTH WILLOW DRIVE, 10TH FLOOR, GREENWOOD VILLAGE CO 80111
Rolland B Johns officer: Chief Accounting Officer 9555 MAROON CIRCLE, ENGLEWOOD CO 80112
Tseli Lily Yang director C/O MEDIVATION, INC., 525 MARKET ST., 36TH FLOOR, SAN FRANCISCO CA 94105
Silvio Tavares director 20 TIPTOE LANE, BURLINGAME CA 94010
Bret C Griess officer: EVP, Operations 9555 MAROON CIRCLE, ENGLEWOOD CO 80112