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Perficient (Perficient) Cyclically Adjusted PB Ratio : 5.47 (As of May. 15, 2024)


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What is Perficient Cyclically Adjusted PB Ratio?

As of today (2024-05-15), Perficient's current share price is $73.44. Perficient's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $13.42. Perficient's Cyclically Adjusted PB Ratio for today is 5.47.

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

PRFT' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 3.25   Max: 13.06
Current: 5.47

During the past years, Perficient's highest Cyclically Adjusted PB Ratio was 13.06. The lowest was 1.85. And the median was 3.25.

PRFT's Cyclically Adjusted PB Ratio is ranked worse than
77.94% of 1333 companies
in the Software industry
Industry Median: 2.61 vs PRFT: 5.47

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.

Perficient's adjusted book value per share data for the three months ended in Mar. 2024 was $16.071. 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 $13.42 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Perficient Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Perficient'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.

Perficient Cyclically Adjusted PB Ratio Chart

Perficient 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 4.69 4.57 11.15 5.59 4.95

Perficient 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 5.65 6.40 4.37 4.95 4.19

Competitive Comparison of Perficient's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Perficient'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.


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

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

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



Perficient 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=73.44/13.42
=5.47

* 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.

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

For example, Perficient'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)
=16.071/129.4194*129.4194
=16.071

Current CPI (Mar. 2024) = 129.4194.

Perficient Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.848 100.560 11.387
201409 9.153 100.428 11.795
201412 9.275 99.070 12.116
201503 9.486 99.621 12.323
201506 9.639 100.684 12.390
201509 9.918 100.392 12.786
201512 10.141 99.792 13.152
201603 10.277 100.470 13.238
201606 10.512 101.688 13.379
201609 10.746 101.861 13.653
201612 10.614 101.863 13.485
201703 10.612 102.862 13.352
201706 10.696 103.349 13.394
201709 10.959 104.136 13.620
201712 11.018 104.011 13.710
201803 11.077 105.290 13.616
201806 11.248 106.317 13.692
201809 11.122 106.507 13.515
201812 11.132 105.998 13.592
201903 11.070 107.251 13.358
201906 11.392 108.070 13.643
201909 11.741 108.329 14.027
201912 12.024 108.420 14.353
202003 12.274 108.902 14.587
202006 12.706 108.767 15.119
202009 12.060 109.815 14.213
202012 12.286 109.897 14.469
202103 12.396 111.754 14.355
202106 12.846 114.631 14.503
202109 13.200 115.734 14.761
202112 10.766 117.630 11.845
202203 10.099 121.301 10.775
202206 10.789 125.017 11.169
202209 11.319 125.227 11.698
202212 12.037 125.222 12.440
202303 12.828 127.348 13.037
202306 13.902 128.729 13.977
202309 14.732 129.860 14.682
202312 15.527 129.419 15.527
202403 16.071 129.419 16.071

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.


Perficient  (NAS:PRFT) 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.


Perficient Cyclically Adjusted PB Ratio Related Terms

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


Perficient (Perficient) Business Description

Industry
Traded in Other Exchanges
Address
555 Maryville University Drive, Suite 600, Saint Louis, MO, USA, 63141
Perficient Inc provides a variety of information technology and consulting services that focus on digital experience, business optimization, and IT solutions. The company's services include big data analytics, technology platform implementations, enterprise content management, portals and collaboration, management consulting, custom applications, business integration, business process management, and customer relationship management. It serves the healthcare, financial services, retail, and electronics industries. The vast majority of the company's revenue comes from the United States.
Executives
Thomas J. Hogan officer: Chief Operating Officer 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
David S Lundeen director C/O PROFICIENT INC, 7600-B N CAPITAL OF TEXAS HWY - STE 220, AUSTIN TX 78731
Jill Ackerman Jones director 850 DIXIE HWY, LOUISVILLE KY 40210
Susan L. Adomite officer: SVP, Controller & PAO 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Kevin Thomas Sheen officer: Senior Vice President 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, ST. LOUIS MO 63141
Nancy C Pechloff director 10401 CLAYTON ROAD, ST LOUIS MO 63131
Brian L Matthews director 555 MARYVILLE UNIVERSITY DRIVE, SUITE 600, SAINT LOUIS MO 63141
Ralph C Derrickson director 1120 S CAPITAL OF TEXAS HIGHWAY, BLDG 3 SUITE 220, AUSTIN TX 78746
Romil Bahl director 3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Gary Wimberly director ONE EXPRESS WAY, ST. LOUIS MO 63121
Jeffrey S Davis officer: Chairman and CEO ONE CITYPLACE DRIVE, SUITE 190, SAINT LOUIS MO 63141
Paul E Martin officer: Chief Financial Officer CHARTER COMMUNICATIONS, INC., 12405 POWERSCOURT DRIVE, ST. LOUIS MO 63131
James R Kackley director 855 EAST MAIN AVE, ZEELAND MI 49464-0302
Kathryn J Henely officer: Chief Operating Officer 520 MARYVILLE CENTRE DR, SUITE 400, ST LOUIS MO 63141
John S Hamlin director C/O DELL INC., ONE DELL WAY, ROUND ROCK TX 78682