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Temenos AG (Temenos AG) Cyclically Adjusted Book per Share : $6.67 (As of Mar. 2024)


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What is Temenos AG 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.

Temenos AG's adjusted book value per share for the three months ended in Mar. 2024 was $10.128. 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 $6.67 for the trailing ten years ended in Mar. 2024.

During the past 12 months, Temenos AG's average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 2.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -11.90% 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 Temenos AG was 2.30% per year. The lowest was -19.20% per year. And the median was -15.95% per year.

As of today (2024-06-23), Temenos AG's current stock price is $68.17. Temenos AG's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $6.67. Temenos AG's Cyclically Adjusted PB Ratio of today is 10.22.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Temenos AG was 31.36. The lowest was 8.80. And the median was 16.57.


Temenos AG Cyclically Adjusted Book per Share Historical Data

The historical data trend for Temenos AG'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.

Temenos AG Cyclically Adjusted Book per Share Chart

Temenos AG 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 9.56 5.83 5.72 6.04 7.02

Temenos AG Quarterly Data
Jun19 Sep19 Dec19 Mar20 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 6.26 6.46 6.41 7.02 6.67

Competitive Comparison of Temenos AG's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Temenos AG'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.


Temenos AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Temenos AG 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, Temenos AG'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)
=10.128/107.3549*107.3549
=10.128

Current CPI (Mar. 2024) = 107.3549.

Temenos AG Quarterly Data

Book Value per Share CPI Adj_Book
201406 6.056 101.517 6.404
201409 5.063 101.247 5.368
201412 5.213 100.704 5.557
201503 4.852 100.339 5.191
201506 4.688 100.464 5.010
201509 5.084 99.785 5.470
201512 5.688 99.386 6.144
201603 5.828 99.475 6.290
201606 5.349 100.088 5.737
201609 5.958 99.604 6.422
201612 5.828 99.380 6.296
201703 6.058 100.040 6.501
201706 5.522 100.285 5.911
201709 6.356 100.254 6.806
201712 5.494 100.213 5.886
201803 5.944 100.836 6.328
201806 3.238 101.435 3.427
201809 3.362 101.246 3.565
201812 4.315 100.906 4.591
201903 4.804 101.571 5.078
201906 4.457 102.044 4.689
201909 5.015 101.396 5.310
201912 6.273 101.063 6.664
202003 5.820 101.048 6.183
202006 5.675 100.743 6.047
202009 6.192 100.585 6.609
202012 7.229 100.241 7.742
202103 6.910 100.800 7.359
202106 5.043 101.352 5.342
202109 5.658 101.533 5.982
202112 6.633 101.776 6.997
202203 7.367 103.205 7.663
202206 6.881 104.783 7.050
202209 6.771 104.835 6.934
202212 8.059 104.666 8.266
202303 8.189 106.245 8.275
202306 7.579 106.576 7.634
202309 7.914 106.570 7.972
202312 9.407 106.461 9.486
202403 10.128 107.355 10.128

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


Temenos AG  (OTCPK:TMSNY) 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.

Temenos AG's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=68.17/6.67
=10.22

* 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 Temenos AG was 31.36. The lowest was 8.80. And the median was 16.57.


Be Aware

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


Temenos AG Cyclically Adjusted Book per Share Related Terms

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


Temenos AG (Temenos AG) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Temenos AG (OTCPK:TMSNY) » Definitions » Cyclically Adjusted Book per Share
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2 Rue de L’Ecole-de-Chimie, Geneva, CHE, 1205
Temenos AG is a Switzerland-based provider of software systems for banking and other financial services. Its digital banking offerings include corporate banking, investor servicing, retail banking, Islamic banking, Internet and mobile banking, and micro-banking capabilities. Its other offerings include financial crime analysis, payment processing, risk and compliance, portfolio and fund accounting, customer relationship management, data warehousing, and reporting. The firm has operations in the Americas, Europe, Middle East, Africa, and Asia-Pacific.