GURUFOCUS.COM » STOCK LIST » Technology » Software » Genpact Ltd (NYSE:G) » Definitions » Cyclically Adjusted PB Ratio

Genpact (Genpact) Cyclically Adjusted PB Ratio : 3.29 (As of Apr. 27, 2024)


View and export this data going back to 2007. Start your Free Trial

What is Genpact Cyclically Adjusted PB Ratio?

As of today (2024-04-27), Genpact's current share price is $30.90. Genpact's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.39. Genpact's Cyclically Adjusted PB Ratio for today is 3.29.

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

G' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.27   Med: 4.93   Max: 6.82
Current: 3.27

During the past years, Genpact's highest Cyclically Adjusted PB Ratio was 6.82. The lowest was 3.27. And the median was 4.93.

G's Cyclically Adjusted PB Ratio is ranked worse than
60.62% of 1285 companies
in the Software industry
Industry Median: 2.49 vs G: 3.27

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.

Genpact's adjusted book value per share data for the three months ended in Dec. 2023 was $12.526. 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 $9.39 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genpact Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Genpact'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.

Genpact Cyclically Adjusted PB Ratio Chart

Genpact 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 5.99 5.67 6.67 5.33 3.70

Genpact 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 5.33 5.18 4.12 3.89 3.70

Competitive Comparison of Genpact's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Genpact'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.


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

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

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



Genpact 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.

Genpact's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.90/9.39
=3.29

* 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.

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

For example, Genpact'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)
=12.526/129.4194*129.4194
=12.526

Current CPI (Dec. 2023) = 129.4194.

Genpact Quarterly Data

Book Value per Share CPI Adj_Book
201403 6.121 99.695 7.946
201406 5.574 100.560 7.174
201409 5.765 100.428 7.429
201412 5.877 99.070 7.677
201503 6.093 99.621 7.916
201506 6.087 100.684 7.824
201509 5.998 100.392 7.732
201512 6.168 99.792 7.999
201603 6.412 100.470 8.260
201606 6.471 101.688 8.236
201609 6.453 101.861 8.199
201612 6.472 101.863 8.223
201703 6.131 102.862 7.714
201706 6.525 103.349 8.171
201709 6.809 104.136 8.462
201712 7.385 104.011 9.189
201803 7.166 105.290 8.808
201806 6.828 106.317 8.312
201809 6.761 106.507 8.215
201812 7.416 105.998 9.055
201903 7.896 107.251 9.528
201906 8.312 108.070 9.954
201909 8.446 108.329 10.090
201912 8.885 108.420 10.606
202003 8.271 108.902 9.829
202006 8.707 108.767 10.360
202009 9.334 109.815 11.000
202012 9.703 109.897 11.427
202103 9.347 111.754 10.824
202106 9.816 114.631 11.082
202109 10.385 115.734 11.613
202112 10.236 117.630 11.262
202203 9.982 121.301 10.650
202206 9.540 125.017 9.876
202209 9.463 125.227 9.780
202212 9.983 125.222 10.318
202303 10.479 127.348 10.649
202306 10.660 128.729 10.717
202309 11.077 129.860 11.039
202312 12.526 129.419 12.526

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.


Genpact  (NYSE:G) 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.


Genpact Cyclically Adjusted PB Ratio Related Terms

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


Genpact (Genpact) Business Description

Industry
Traded in Other Exchanges
Address
22 Victoria Street, Canon's Court, Hamilton, BMU, HM 12
Genpact Ltd is a provider of business process management services. Clients are industry verticals and operate in banking and financial services, insurance, capital markets, consumer product goods, life sciences, infrastructure, manufacturing and services, healthcare, and high-tech. Genpact's services include aftermarket, direct procurement, risk and compliance, human resources, IT, industrial solutions, collections, finance and accounting, and media services. Genpact's end market by revenue is India. The company is a General Electric spin-off, which is still a large source of revenue for Genpact.
Executives
Kathryn Vanpelt Stein officer: Senior Vice President 40 WEST 24TH STREET, APT 3N, NEW YORK NY 10010
N. V. Tyagarajan officer: Executive Vice President 825 EIGHTH AVENUE, NEW YORK NY 10019
Michael Hal Weiner officer: Chief Financial Officer C/O NGHC, 59 MAIDEN LANE, 38TH FLOOR, NEW YORK NY 10038
Donald J Klunk officer: Chief Accounting Officer 3585 GRAY FOX DR, CHALFONT PA 18914
Piyush Mehta officer: Senior VP , Human Resources 825 EIGHTH AVENUE, NEW YORK NY 10019
James C. Madden director 825 EIGHTH AVENUE, NEW YORK NY 10019
Cecelia Morken director 26025 MUREAU ROAD, CALABASAS CA 91302
Heather White officer: SVP & General Counsel 1155 AVENUE OF THE AMERICAS, 4TH FLOOR, NEW YORK X1 10036
Stacey Cartwright director 34 ROEDEAN CRESCENT, LONDON X0 SW15 5JU
Brian Mark Stevens director 25 HOOPER HILL RD., NEW BOSTON NH 03070
Ajay Agrawal director 105 ROBERT STREET, TORONTO A6 M5S 2K5
Tamara Franklin director 107 STONE CLIFF ROAD, PRINCETON NJ 08540
Balkrishan Kalra officer: Senior Vice President 5 MARION AVENUE, SHORT HILLS NJ 07078
Carol Lindstrom director 5994 SILVERADO TRAIL, NAPA CA 94558
Darren Saumur officer: Senior Vice President 125 DUPONT STREET, TORONTO A6 M5R 1V4