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Epiq Systems (Epiq Systems) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Epiq Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Epiq Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Epiq Systems'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.

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Epiq Systems Cyclically Adjusted PB Ratio Chart

Epiq Systems Annual Data
Trend Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Cyclically Adjusted PB Ratio
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Epiq Systems Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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Competitive Comparison of Epiq Systems's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Epiq Systems'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.


Epiq Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Epiq Systems 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.

Epiq Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2016 is calculated as:

For example, Epiq Systems's adjusted Book Value per Share data for the three months ended in Jun. 2016 was:

Adj_Book=Book Value per Share/CPI of Jun. 2016 (Change)*Current CPI (Jun. 2016)
=7.872/101.6881*101.6881
=7.872

Current CPI (Jun. 2016) = 101.6881.

Epiq Systems Quarterly Data

Book Value per Share CPI Adj_Book
200609 6.248 85.606 7.422
200612 6.307 85.142 7.533
200703 6.253 86.640 7.339
200706 6.427 87.906 7.435
200709 6.550 87.964 7.572
200712 8.042 88.616 9.228
200803 8.136 90.090 9.183
200806 8.239 92.320 9.075
200809 8.357 92.307 9.206
200812 8.421 88.697 9.654
200903 8.480 89.744 9.609
200906 8.688 91.003 9.708
200909 8.835 91.120 9.860
200912 9.007 91.111 10.053
201003 9.011 91.821 9.979
201006 9.240 91.962 10.217
201009 8.644 92.162 9.537
201012 9.185 92.474 10.100
201103 9.060 94.283 9.772
201106 9.145 95.235 9.765
201109 9.262 95.727 9.839
201112 9.311 95.213 9.944
201203 9.252 96.783 9.721
201206 9.343 96.819 9.813
201209 9.586 97.633 9.984
201212 9.559 96.871 10.034
201303 9.484 98.209 9.820
201306 9.478 98.518 9.783
201309 9.464 98.790 9.742
201312 9.317 98.326 9.636
201403 9.152 99.695 9.335
201406 8.995 100.560 9.096
201409 9.029 100.428 9.142
201412 8.859 99.070 9.093
201503 8.714 99.621 8.895
201506 8.645 100.684 8.731
201509 8.007 100.392 8.110
201512 8.209 99.792 8.365
201603 8.153 100.470 8.252
201606 7.872 101.688 7.872

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.


Epiq Systems  (NAS:EPIQ) 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.


Epiq Systems Cyclically Adjusted PB Ratio Related Terms

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


Epiq Systems (Epiq Systems) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Epiq Systems Inc was incorporated in the State of Missouri on July 13, 1988, and on July 15, 1988 acquired all of the assets of an unrelated predecessor corporation. The Company is a provider of integrated technology solutions for the legal profession. The Company's solutions streamline the administration of bankruptcy, litigation, financial transactions and regulatory compliance matters. It offers managed technology solutions for eDiscovery, document review, legal notification, claims administration and controlled disbursement of funds. Its clients include law firms, corporate legal departments, bankruptcy trustees, government agencies, mortgage processors, and financial institutions. The Company's business is organized into two reportable segments: the Technology segment and the Bankruptcy and Settlement Administration segment. The Company's Technology segment provides eDiscovery managed services and technology solutions comprised of consulting, collections and forensics, processing, search and review, production of documents and document review services to companies and the litigation departments of law firms. The Company's eDataMatrix software analyzes filters, deduplicates and produces documents for review. The Company's customers are corporations that use its products and services cooperatively with their legal counsel to manage the eDiscovery process for litigation, investigations, anti-trust filings and regulatory matters. Produced documents are made available mainly through a hosted environment utilizing its proprietary software DocuMatrix and third-party software which allows for efficient attorney review and data requests. Bankruptcy and Settlement Administration segment provides managed services and technology solutions that address the needs of its customers with respect to litigation, claims and project administration, compliance matters, controlled disbursements, corporate restructuring, bankruptcy and class action proceedings. The Company's Bankruptcy and Settlement Administration segment provides managed services and technology solutions that address the needs of its customers with respect to litigation, claims and project administration, compliance matters, controlled disbursements, corporate restructuring, bankruptcy and class action proceedings. The Company's Technology segment, eDiscovery competes with companies such as, Kroll Ontrack, FTI Consulting, Inc., Huron Consulting Group Inc., The Dolan Company, Symantec Corporation, Recommind, Inc., Xerox and Autonomy. The Company's Bankruptcy and Settlement Administration segment, bankruptcy services competes with companies such as, Bankruptcy Management Solutions, Inc., which is a provider in Chapter 7 bankruptcy market. While in Chapter 11 bankruptcy market, the Company competes with Kurtzman Carson Consultants LLC and The Garden City Group, Inc. In Chapter 13 market, the Company's main competitor is Bankruptcy Software Specialists, LLC. The Company is subject to
Executives
Gregory M Share director THREE FIRST NATIONAL PLZ, SUITE 3800, CHICAGO IL 60602
Tjon Sien Fat Karin - Joyce officer: EVP & CFO 501 KANSAS AVENUE, KANSAS CITY KS 66105
Kevin L Robert director 501 KANSAS AVENUE, KANSAS CITY KS 66105
Terry Matlack director 233 W 47TH ST, KANSAS CITY MO 64112

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