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Tracsis (AQSE:TRCS.GB) Cyclically Adjusted PB Ratio : 2.03 (As of Jun. 05, 2025)


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What is Tracsis Cyclically Adjusted PB Ratio?

As of today (2025-06-05), Tracsis's current share price is £4.80. Tracsis's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul24 was £2.37. Tracsis's Cyclically Adjusted PB Ratio for today is 2.03.

The historical rank and industry rank for Tracsis's Cyclically Adjusted PB Ratio or its related term are showing as below:

AQSE:TRCS.GB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.55   Med: 7.81   Max: 15.93
Current: 2.44

During the past 13 years, Tracsis's highest Cyclically Adjusted PB Ratio was 15.93. The lowest was 1.55. And the median was 7.81.

AQSE:TRCS.GB's Cyclically Adjusted PB Ratio is ranked better than
53.67% of 1446 companies
in the Software industry
Industry Median: 2.73 vs AQSE:TRCS.GB: 2.44

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.

Tracsis's adjusted book value per share data of for the fiscal year that ended in Jul24 was £2.248. 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 £2.37 for the trailing ten years ended in Jul24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Tracsis Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Tracsis's Cyclically Adjusted PB Ratio 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.

Tracsis Cyclically Adjusted PB Ratio Chart

Tracsis Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.46 7.97 6.01 4.94 3.32

Tracsis Semi-Annual Data
Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25
Cyclically Adjusted PB Ratio 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 - 4.94 - 3.32 -

Competitive Comparison of Tracsis's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Tracsis'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.


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

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

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


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Tracsis Cyclically Adjusted PB Ratio Calculation

Like the Shiller PE Ratio, the Cyclically Adjusted PB Ratio takes the Book Value per Share from the past 10 years, adjusts it for inflation, and then calculates the average. This average is then used for the P/B calculation. Because it considers this 10-year average, it's often referred to as the CAPB Ratio.

The Shiller PE Ratio was first used by professor Robert Shiller to measure the valuation of the overall market. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio.

Tracsis's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.80/2.37
=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.

Tracsis's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul24 is calculated as:

For example, Tracsis's adjusted Book Value per Share data for the fiscal year that ended in Jul24 was:

Adj_Book=Book Value per Share/CPI of Jul24 (Change)*Current CPI (Jul24)
=2.248/132.9000*132.9000
=2.248

Current CPI (Jul24) = 132.9000.

Tracsis Annual Data

Book Value per Share CPI Adj_Book
201507 0.842 100.000 1.119
201607 1.041 100.900 1.371
201707 1.203 103.500 1.545
201807 1.486 105.900 1.865
201907 1.668 108.000 2.053
202007 1.821 109.200 2.216
202107 1.932 111.400 2.305
202207 2.038 121.200 2.235
202307 2.262 129.000 2.330
202407 2.248 132.900 2.248

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


Tracsis  (AQSE:TRCS.GB) Cyclically Adjusted PB Ratio Explanation

Compared with the regular PB Ratio, which works poorly for cyclical businesses, the Cyclically Adjusted PB Ratio smoothed out the fluctuations of book value during business cycles. Therefore it is more accurate in reflecting the valuation of the company.

If a company has consistent business performance, the Cyclically Adjusted PB Ratio should give similar results to regular PB Ratio.


Tracsis Cyclically Adjusted PB Ratio Related Terms

Thank you for viewing the detailed overview of Tracsis's Cyclically Adjusted PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Tracsis Business Description

Industry
Traded in Other Exchanges
Address
Discovery Way, Nexus, Leeds, GBR, LS2 3AA
Tracsis PLC is engaged in the business of software development and consultancy for the rail industry. It is organized into two main business segments: Rail Technology and Services and Data, Analytics, Consultancy & Events. The Rail Technology and Services division includes software, consultancy, and remote condition monitoring technology and also includes Ontrac. The Data, Analytics, Consultancy & Events division which derives majority revenue, focuses on data capture and analytics, geographic information systems, earth observation, consultancy and event traffic management within a range of transport and pedestrian rich environments. The company currently operates in three geographical markets: the United Kingdom, Ireland, Rest of Europe, North America, and Rest of the world.

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