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KXSCF (Kinaxis) Cyclically Adjusted Book per Share : $9.38 (As of Sep. 2024)


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What is Kinaxis 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.

Kinaxis's adjusted book value per share for the three months ended in Sep. 2024 was $14.786. 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 $9.38 for the trailing ten years ended in Sep. 2024.

During the past 12 months, Kinaxis's average Cyclically Adjusted Book Growth Rate was 18.30% 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.

As of today (2024-12-14), Kinaxis's current stock price is $128.00. Kinaxis's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2024 was $9.38. Kinaxis's Cyclically Adjusted PB Ratio of today is 13.65.

During the past 11 years, the highest Cyclically Adjusted PB Ratio of Kinaxis was 18.92. The lowest was 11.73. And the median was 13.67.


Kinaxis Cyclically Adjusted Book per Share Historical Data

The historical data trend for Kinaxis'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.

Kinaxis Cyclically Adjusted Book per Share Chart

Kinaxis 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 - - - - 8.63

Kinaxis 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 7.90 8.63 8.52 9.01 9.38

Competitive Comparison of Kinaxis's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Kinaxis'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.


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

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

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



Kinaxis 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, Kinaxis'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)
=14.786/127.2847*127.2847
=14.786

Current CPI (Sep. 2024) = 127.2847.

Kinaxis Quarterly Data

Book Value per Share CPI Adj_Book
201412 1.965 98.367 2.543
201503 2.107 99.789 2.688
201506 2.376 100.500 3.009
201509 2.580 100.421 3.270
201512 2.686 99.947 3.421
201603 2.929 101.054 3.689
201606 3.170 102.002 3.956
201609 3.381 101.765 4.229
201612 3.517 101.449 4.413
201703 3.866 102.634 4.795
201706 4.241 103.029 5.239
201709 4.582 103.345 5.643
201712 4.892 103.345 6.025
201803 6.221 105.004 7.541
201806 6.564 105.557 7.915
201809 6.847 105.636 8.250
201812 7.082 105.399 8.553
201903 7.488 106.979 8.909
201906 7.809 107.690 9.230
201909 8.181 107.611 9.677
201912 8.715 107.769 10.293
202003 9.217 107.927 10.870
202006 9.817 108.401 11.527
202009 10.226 108.164 12.034
202012 10.402 108.559 12.196
202103 10.566 110.298 12.193
202106 10.962 111.720 12.489
202109 11.305 112.905 12.745
202112 11.696 113.774 13.085
202203 12.560 117.646 13.589
202206 12.604 120.806 13.280
202209 13.250 120.648 13.979
202212 14.310 120.964 15.058
202303 15.196 122.702 15.764
202306 15.743 124.203 16.134
202309 16.300 125.230 16.567
202312 15.999 125.072 16.282
202403 15.897 126.258 16.026
202406 14.746 127.522 14.719
202409 14.786 127.285 14.786

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


Kinaxis  (OTCPK:KXSCF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=128.00/9.38
=13.65

* 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 11 years, the highest Cyclically Adjusted PB Ratio of Kinaxis was 18.92. The lowest was 11.73. And the median was 13.67.


Be Aware

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


Kinaxis Cyclically Adjusted Book per Share Related Terms

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


Kinaxis Business Description

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3199 Palladium Drive, Ottawa, ON, CAN, K2T 0N9
Kinaxis Inc is a provider of cloud-based subscription software that enables its customers to improve and accelerate analysis and decision-making across their supply chain operations. The company has operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Romania, Mexico, Singapore, France, Ireland, Germany, India, and Canada. , and a majority of its revenue comes from the United States.