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Softchoice (Softchoice) Cyclically Adjusted Book per Share : $4.84 (As of Mar. 2024)


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What is Softchoice 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.

Softchoice's adjusted book value per share for the three months ended in Mar. 2024 was $-2.092. 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 $4.84 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Softchoice's average Cyclically Adjusted Book Growth Rate was -6.80% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -0.10% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 6.90% 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 Softchoice was 13.00% per year. The lowest was -15.00% per year. And the median was 1.80% per year.

As of today (2024-05-29), Softchoice's current stock price is $13.30. Softchoice's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $4.84. Softchoice's Cyclically Adjusted PB Ratio of today is 2.75.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Softchoice was 6.94. The lowest was 2.54. And the median was 3.25.


Softchoice Cyclically Adjusted Book per Share Historical Data

The historical data trend for Softchoice'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.

Softchoice Cyclically Adjusted Book per Share Chart

Softchoice Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 4.58

Softchoice Quarterly Data
Jun12 Sep12 Dec12 Mar13 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - 4.58 4.84

Competitive Comparison of Softchoice's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, Softchoice'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.


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

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

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



Softchoice 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, Softchoice'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)
=-2.092/126.2576*126.2576
=-2.092

Current CPI (Mar. 2024) = 126.2576.

Softchoice Quarterly Data

Book Value per Share CPI Adj_Book
200706 3.937 88.412 5.622
200709 4.025 88.412 5.748
200712 4.269 88.491 6.091
200803 4.393 88.965 6.234
200806 4.743 91.177 6.568
200809 4.687 91.414 6.473
200812 3.854 89.518 5.436
200903 3.787 90.071 5.308
200906 4.192 90.940 5.820
200909 4.252 90.624 5.924
200912 4.877 90.703 6.789
201003 5.067 91.335 7.004
201006 5.447 91.809 7.491
201009 5.541 92.362 7.574
201012 5.890 92.836 8.010
201103 6.134 94.338 8.209
201106 6.718 94.654 8.961
201109 6.730 95.286 8.918
201112 7.073 94.970 9.403
201203 7.355 96.155 9.658
201206 7.799 96.076 10.249
201209 8.039 96.392 10.530
201212 8.389 95.760 11.061
201303 8.546 97.103 11.112
202006 0.000 108.401 0.000
202009 0.000 108.164 0.000
202012 -0.431 108.559 -0.501
202103 0.000 110.298 0.000
202106 0.842 111.720 0.952
202109 0.775 112.905 0.867
202112 0.978 113.774 1.085
202203 0.905 117.646 0.971
202206 0.856 120.806 0.895
202209 0.652 120.648 0.682
202212 0.691 120.964 0.721
202303 0.577 122.702 0.594
202306 0.664 124.203 0.675
202309 0.812 125.230 0.819
202312 0.970 125.072 0.979
202403 -2.092 126.258 -2.092

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


Softchoice  (OTCPK:SFTCF) 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.

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

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=13.30/4.84
=2.75

* 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 Softchoice was 6.94. The lowest was 2.54. And the median was 3.25.


Be Aware

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


Softchoice Cyclically Adjusted Book per Share Related Terms

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


Softchoice (Softchoice) Business Description

Industry
Traded in Other Exchanges
Address
173 Dufferin Street, Suite 200, Toronto, ON, CAN, M6K 3H7
Softchoice Corp is a technology service and solutions provider that equips organizations to be agile for their people to be engaged, connected and creative at work. The company designs, procures, implements and manages complex multi-vendor IT solutions that enable customers' digital transformations using a results-oriented engagement model that drives long-term relationships.