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Software Service (Software Service) Cyclically Adjusted Book per Share : $20.42 (As of Jan. 2024)


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What is Software Service 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.

Software Service's adjusted book value per share for the three months ended in Jan. 2024 was $42.840. 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 $20.42 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Software Service's average Cyclically Adjusted Book Growth Rate was 13.20% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.70% 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 Software Service was 13.40% per year. The lowest was 11.50% per year. And the median was 12.40% per year.

As of today (2024-05-22), Software Service's current stock price is $89.00. Software Service's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $20.42. Software Service's Cyclically Adjusted PB Ratio of today is 4.36.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Software Service was 5.16. The lowest was 1.68. And the median was 3.69.


Software Service Cyclically Adjusted Book per Share Historical Data

The historical data trend for Software Service'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.

Software Service Cyclically Adjusted Book per Share Chart

Software Service Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 29.11

Software Service Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - 24.49 29.11 20.42

Competitive Comparison of Software Service's Cyclically Adjusted Book per Share

For the Health Information Services subindustry, Software Service'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.


Software Service's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Software Service's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Software Service 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, Software Service's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=42.84/106.9000*106.9000
=42.840

Current CPI (Jan. 2024) = 106.9000.

Software Service Quarterly Data

Book Value per Share CPI Adj_Book
201404 20.681 97.700 22.628
201407 21.075 98.100 22.966
201410 20.287 98.200 22.084
201501 19.150 97.800 20.932
201504 19.502 98.400 21.187
201507 19.600 98.300 21.315
201510 20.831 98.500 22.607
201601 21.494 97.700 23.518
201604 24.713 98.100 26.930
201607 26.167 97.900 28.573
201610 26.834 98.600 29.093
201701 24.040 98.200 26.170
201704 26.096 98.500 28.321
201707 26.087 98.300 28.369
201710 27.195 98.800 29.425
201801 27.639 99.500 29.695
201804 30.160 99.100 32.534
201807 30.151 99.200 32.491
201810 31.511 100.200 33.618
201901 31.976 99.700 34.285
201904 32.704 100.000 34.961
201907 35.343 99.800 37.857
201910 36.330 100.400 38.682
202001 35.838 100.500 38.120
202004 37.872 100.200 40.404
202007 38.899 100.000 41.583
202010 40.611 99.800 43.500
202101 41.429 99.800 44.376
202104 40.962 99.100 44.186
202107 41.616 99.700 44.621
202110 42.007 99.900 44.950
202201 41.650 100.300 44.391
202204 39.641 101.500 41.750
202207 37.359 102.300 39.039
202210 35.457 103.700 36.551
202301 40.510 104.700 41.361
202304 41.888 105.100 42.605
202307 40.991 105.700 41.456
202310 40.461 107.100 40.385
202401 42.840 106.900 42.840

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


Software Service  (OTCPK:SFSVF) 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.

Software Service's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=89.00/20.42
=4.36

* 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 Software Service was 5.16. The lowest was 1.68. And the median was 3.69.


Be Aware

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


Software Service Cyclically Adjusted Book per Share Related Terms

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


Software Service (Software Service) Business Description

Traded in Other Exchanges
Address
4-2-30, Miyahara, Osaka, JPN
Software Service, Inc installs, develops and sells Electric Medical Record System, Hospital Total Ordering System, and nursing support system. The product line includes - Anesthesia recording system, Dialysis management system, Infection control system, Bacterial test system, Personnel payroll system, Visiting system for nursing, In-home medical care, Office-based care system, Hospital entrance care system, among others.

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