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SeaChange International (SeaChange International) Cyclically Adjusted PB Ratio : 0.08 (As of Apr. 27, 2024)


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What is SeaChange International Cyclically Adjusted PB Ratio?

As of today (2024-04-27), SeaChange International's current share price is $5.015. SeaChange International's Cyclically Adjusted Book per Share for the quarter that ended in Apr. 2023 was $63.88. SeaChange International's Cyclically Adjusted PB Ratio for today is 0.08.

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

SEAC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.02   Med: 0.44   Max: 2.31
Current: 0.07

During the past years, SeaChange International's highest Cyclically Adjusted PB Ratio was 2.31. The lowest was 0.02. And the median was 0.44.

SEAC's Cyclically Adjusted PB Ratio is ranked better than
97.51% of 1285 companies
in the Software industry
Industry Median: 2.49 vs SEAC: 0.07

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.

SeaChange International's adjusted book value per share data for the three months ended in Apr. 2023 was $12.173. 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 $63.88 for the trailing ten years ended in Apr. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


SeaChange International Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SeaChange 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.

SeaChange International Cyclically Adjusted PB Ratio Chart

SeaChange International Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.30 0.92 0.28 0.33 0.15

SeaChange International Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23
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 0.29 0.16 0.12 0.15 0.14

Competitive Comparison of SeaChange International's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, SeaChange 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.


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

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

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



SeaChange 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=5.015/63.88
=0.08

* 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.

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

For example, SeaChange International's adjusted Book Value per Share data for the three months ended in Apr. 2023 was:

Adj_Book=Book Value per Share/CPI of Apr. 2023 (Change)*Current CPI (Apr. 2023)
=12.173/127.9921*127.9921
=12.173

Current CPI (Apr. 2023) = 127.9921.

SeaChange International Quarterly Data

Book Value per Share CPI Adj_Book
201307 123.562 98.557 160.466
201310 125.294 98.536 162.750
201401 123.912 98.692 160.700
201404 117.308 100.023 150.110
201407 113.557 100.520 144.592
201410 109.466 100.176 139.862
201501 104.638 98.604 135.825
201504 98.786 99.824 126.662
201507 96.213 100.691 122.300
201510 90.855 100.346 115.886
201601 77.574 99.957 99.331
201604 73.190 100.947 92.799
201607 58.271 101.524 73.463
201610 53.709 101.988 67.403
201701 39.399 102.456 49.219
201704 36.786 103.167 45.638
201707 36.250 103.278 44.925
201710 36.392 104.070 44.757
201801 48.165 104.578 58.949
201804 47.185 105.708 57.132
201807 42.977 106.324 51.735
201810 41.759 106.695 50.094
201901 30.692 106.200 36.990
201904 25.165 107.818 29.874
201907 25.315 108.250 29.932
201910 26.643 108.577 31.407
202001 26.872 108.841 31.600
202004 23.401 108.173 27.688
202007 21.284 109.318 24.920
202010 18.698 109.861 21.784
202101 16.760 110.364 19.437
202104 18.792 112.673 21.347
202107 18.753 115.183 20.838
202110 17.888 116.696 19.620
202201 17.295 118.619 18.662
202204 15.934 121.978 16.720
202207 13.026 125.002 13.338
202210 11.465 125.734 11.671
202301 12.431 126.223 12.605
202304 12.173 127.992 12.173

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.


SeaChange International  (OTCPK:SEAC) 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.


SeaChange International Cyclically Adjusted PB Ratio Related Terms

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


SeaChange International (SeaChange International) Business Description

Traded in Other Exchanges
N/A
Address
177 Huntington Avenue, Suite 1703, PMB 73480, Boston, MA, USA, 02115
SeaChange International Inc is a provider of multiscreen video solutions for television service providers, telecommunications companies, satellite operators, and media companies. The business has two product areas: multiscreen video back-office and advertising and video gateway software solutions. The firm's solutions facilitate aggregation, licensing, management, and distribution of video and advertising content for its customers. The company derives revenue from sales of hardware, software, systems, and services in multiple-element arrangements. Roughly half of the firm's revenue is generated in the United States, with the rest in Europe, Middle East, Latin America, and Asia-Pacific regions.
Executives
Karen Singer 10 percent owner 212 VACCARO DRIVE, CRESSKILL NJ 07626
Christoph Klimmer officer: President 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Mark Paul Szynkowski officer: SVP, CFO and Treasurer 44 LAKEVIEW DRIVE, MONROE NY 10950
Igor Volshteyn director 6470 EAST JOHNS CROSSING, DULUTH GA 30097
Kathleen Mosher officer: Chief Financial Officer C/O SEACHANGE INTERNATIONAL, INC., 177 HUNTINGTON AVENUE, SUITE 1703, BOSTON MA 02115
Peter D Aquino director, officer: President and C.E.O. MOTIENT CORP, 300 KNIGHTBRIDGE PARKWAY, LINCOLNSHIRE IL 60069
Michael Prinn officer: Chief Financial Officer C/O BRIDGELINE DIGITAL, INC., 10 SIXTH ROAD, WOBURN MA 01801
Steven G Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Robert M Pons director 439 WILLIAMSON ROAD, GLADWYNE PA 19035
David J Nicol director 9777 PYRAMID COURT 100, C/O EVOLVING SYSTEMS INC, ENGLEWOOD CO 80112
Matthew Stecker director 711 SOUTH BRYN MAWR AVE., BRYN MAWR PA 19010
Marek Kielczewski officer: Chief Technology Officer 50 NAGOG PARK, ACTON MA 01720
Yosef Aloni officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720
Julian D. Singer director 2200 FLETCHER AVENUE, SUITE 501, FORT LEE NJ 07024
Chad A. Hassler officer: Chief Commercial Officer 50 NAGOG PARK, ACTON MA 01720