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Ackroo (FRA:3CKN) Cyclically Adjusted PB Ratio : (As of Jun. 13, 2024)


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What is Ackroo Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


Ackroo Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Ackroo'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.

Ackroo Cyclically Adjusted PB Ratio Chart

Ackroo Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.67 0.43 0.72 0.57 2.19

Ackroo Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.03 1.28 2.00 2.19 2.02

Competitive Comparison of Ackroo's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Ackroo'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.


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

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

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



Ackroo 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.

Ackroo's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, Ackroo'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)
=0.013/126.2576*126.2576
=0.013

Current CPI (Mar. 2024) = 126.2576.

Ackroo Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.062 99.473 0.079
201409 0.062 99.394 0.079
201412 -0.053 98.367 -0.068
201503 0.025 99.789 0.032
201506 0.025 100.500 0.031
201509 0.020 100.421 0.025
201512 0.010 99.947 0.013
201603 0.010 101.054 0.012
201606 0.021 102.002 0.026
201609 0.020 101.765 0.025
201612 0.028 101.449 0.035
201703 0.019 102.634 0.023
201706 0.017 103.029 0.021
201709 0.015 103.345 0.018
201712 0.030 103.345 0.037
201803 0.028 105.004 0.034
201806 0.028 105.557 0.033
201809 0.025 105.636 0.030
201812 0.023 105.399 0.028
201903 0.022 106.979 0.026
201906 0.022 107.690 0.026
201909 0.020 107.611 0.023
201912 0.015 107.769 0.018
202003 0.012 107.927 0.014
202006 0.009 108.401 0.010
202009 0.005 108.164 0.006
202012 0.024 108.559 0.028
202103 0.024 110.298 0.027
202106 0.023 111.720 0.026
202109 0.020 112.905 0.022
202112 0.018 113.774 0.020
202203 0.017 117.646 0.018
202206 0.015 120.806 0.016
202209 0.008 120.648 0.008
202212 0.009 120.964 0.009
202303 0.012 122.702 0.012
202306 0.012 124.203 0.012
202309 0.011 125.230 0.011
202312 0.012 125.072 0.012
202403 0.013 126.258 0.013

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.


Ackroo  (FRA:3CKN) 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.


Ackroo Cyclically Adjusted PB Ratio Related Terms

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


Ackroo (FRA:3CKN) Business Description

Industry
Traded in Other Exchanges
Address
1250 South Service Road, Unit A3-1 (3rd Floor), Hamilton, ON, CAN, L8E 5R9
Ackroo Inc provides marketing, payment, and point-of-sale solutions for merchants of all sizes. Through a SaaS-based business model, the company provides an in-store and online automated solution to help merchants process loyalty, gift card, and promotional transactions at the point of sale, provide key administrative and marketing data, and to allow customers to access and manage their loyalty and gift card accounts. Its payment services provide merchants with low-cost payment processing options through some of the world's largest payment technology and service providers. Ackroo's hybrid management and point-of-sale solutions help manage and optimize the general operations for niche industries including golf clubs, automotive dealers, and more.

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