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FCS Software Solutions (BOM:532666) Cyclically Adjusted PB Ratio : (As of Sep. 21, 2024)


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What is FCS Software Solutions Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


FCS Software Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for FCS Software Solutions'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.

FCS Software Solutions Cyclically Adjusted PB Ratio Chart

FCS Software Solutions Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.03 0.16 1.13 0.65 1.29

FCS Software Solutions Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 - 0.87 - 1.29 -

Competitive Comparison of FCS Software Solutions's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, FCS Software Solutions'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.


FCS Software Solutions's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



FCS Software Solutions 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.

FCS Software Solutions's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2024 is calculated as:

For example, FCS Software Solutions's adjusted Book Value per Share data for the three months ended in Jun. 2024 was:

Adj_Book=Book Value per Share/CPI of Jun. 2024 (Change)*Current CPI (Jun. 2024)
=0/155.7889*155.7889
=0.000

Current CPI (Jun. 2024) = 155.7889.

FCS Software Solutions Quarterly Data

Book Value per Share CPI Adj_Book
201409 3.107 96.780 5.001
201412 0.000 96.780 0.000
201503 2.972 97.163 4.765
201506 0.000 99.841 0.000
201509 2.863 101.753 4.383
201512 0.000 102.901 0.000
201603 2.397 102.518 3.643
201606 0.000 105.961 0.000
201609 2.215 105.961 3.257
201612 2.145 105.196 3.177
201703 2.084 105.196 3.086
201706 0.000 107.109 0.000
201709 1.952 109.021 2.789
201712 0.000 109.404 0.000
201803 2.010 109.786 2.852
201806 0.000 111.317 0.000
201809 1.944 115.142 2.630
201812 0.000 115.142 0.000
201903 2.001 118.202 2.637
201906 0.000 120.880 0.000
201909 1.963 123.175 2.483
201912 0.000 126.235 0.000
202003 1.780 124.705 2.224
202006 0.000 127.000 0.000
202009 1.788 130.118 2.141
202012 0.000 130.889 0.000
202103 1.740 131.771 2.057
202106 0.000 134.084 0.000
202109 1.750 135.847 2.007
202112 0.000 138.161 0.000
202203 2.035 138.822 2.284
202206 0.000 142.347 0.000
202209 2.033 144.661 2.189
202212 0.000 145.763 0.000
202303 2.099 146.865 2.227
202306 0.000 150.280 0.000
202309 2.087 151.492 2.146
202312 0.000 152.924 0.000
202403 2.507 153.035 2.552
202406 0.000 155.789 0.000

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.


FCS Software Solutions  (BOM:532666) 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.


FCS Software Solutions Cyclically Adjusted PB Ratio Related Terms

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FCS Software Solutions Business Description

Traded in Other Exchanges
Address
Noida Dadri Road, Plot No. 83, Noida Phase - II, Gautam Budh Nagar, FCS House, Noida Special Economic Zone, Noida, UP, IND, 201 305
FCS Software Solutions Ltd is a company that provides Information Technology (IT) services and solutions. The company business consists of software development and marketing and providing support services for Business Process Outsourcing (BPO), software development, and others. Its geographical segments include India and the USA. The company derives a majority of revenue from India. The company's division consists of IT and IT Enable Services; Education/E-Learning and Infrastructure Management. It generates maximum revenue from the IT and IT Enable Services division.

FCS Software Solutions Headlines

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