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Comarch (FRA:75Y) Cyclically Adjusted Book per Share : €37.33 (As of Sep. 2024)


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What is Comarch Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Comarch's adjusted book value per share for the three months ended in Sep. 2024 was €37.167. 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 €37.33 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Comarch's average Cyclically Adjusted Book Growth Rate was 8.00% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 15.20% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.30% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Comarch was 15.20% per year. The lowest was 8.00% per year. And the median was 11.55% per year.

As of today (2024-12-13), Comarch's current stock price is €75.60. Comarch's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was €37.33. Comarch's Cyclically Adjusted PB Ratio of today is 2.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Comarch was 2.56. The lowest was 0.94. And the median was 1.89.


Comarch Cyclically Adjusted Book per Share Historical Data

The historical data trend for Comarch's Cyclically Adjusted Book per Share 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.

Comarch Cyclically Adjusted Book per Share Chart

Comarch Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 26.68 30.58 35.97

Comarch Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Cyclically Adjusted Book per Share 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 30.91 35.97 34.16 34.97 37.33

Competitive Comparison of Comarch's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Comarch'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.


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

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

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



Comarch Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Comarch's adjusted Book Value per Share data for the three months ended in Sep. 2024 was:

Adj_Book= Book Value per Share /CPI of Sep. 2024 (Change)*Current CPI (Sep. 2024)
=37.167/153.4391*153.4391
=37.167

Current CPI (Sep. 2024) = 153.4391.

Comarch Quarterly Data

Book Value per Share CPI Adj_Book
201412 19.646 100.122 30.108
201503 20.143 100.041 30.895
201506 20.633 100.448 31.518
201509 20.623 99.634 31.760
201512 21.887 99.471 33.762
201603 22.107 98.983 34.269
201606 22.518 99.552 34.707
201609 22.570 99.064 34.958
201612 22.726 100.366 34.743
201703 24.032 101.018 36.503
201706 23.837 101.180 36.149
201709 23.792 101.343 36.022
201712 23.812 102.564 35.623
201803 23.664 102.564 35.402
201806 23.793 103.378 35.315
201809 24.253 103.378 35.998
201812 24.470 103.785 36.177
201903 24.700 104.274 36.346
201906 24.863 105.983 35.996
201909 26.268 105.983 38.030
201912 27.150 107.123 38.889
202003 28.010 109.076 39.402
202006 28.155 109.402 39.488
202009 29.131 109.320 40.888
202012 30.797 109.565 43.130
202103 31.643 112.658 43.098
202106 31.544 113.960 42.472
202109 32.638 115.588 43.326
202112 33.816 119.088 43.570
202203 34.844 125.031 42.761
202206 34.597 131.705 40.306
202209 35.986 135.531 40.741
202212 36.428 139.113 40.180
202303 36.971 145.950 38.868
202306 36.380 147.009 37.971
202309 37.678 146.113 39.567
202312 37.775 147.741 39.232
202403 37.599 149.044 38.708
202406 36.574 150.997 37.165
202409 37.167 153.439 37.167

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Comarch  (FRA:75Y) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Comarch's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=75.60/37.33
=2.03

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Comarch was 2.56. The lowest was 0.94. And the median was 1.89.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Comarch Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Comarch's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Comarch Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Comarch SA (FRA:75Y) » Definitions » Cyclically Adjusted Book per Share
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Address
Al. Jana Pawla II 39A, Krakow, POL, 31-864
Comarch SA is a Polish company which is engaged in designing, implementation and integration of IT (Information Technology) services and software. The company provides IT solutions to various industries including telecommunications, banking, financial & insurance companies, airlines, petrol stations, utilities, healthcare and small-medium enterprises. The company is engaged in providing end-to-end customer loyalty management solution both for software & on-going services, business to business solutions, data analytics, network and service assurance, sales channel management. Its operating segments include IT, Sport, Investment and Medical. The majority of the company's revenue comes from domestic sales.

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