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Conduent (FRA:4C0) Cyclically Adjusted PB Ratio : 0.18 (As of Jun. 27, 2025)


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What is Conduent Cyclically Adjusted PB Ratio?

As of today (2025-06-27), Conduent's current share price is €2.18. Conduent's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €12.20. Conduent's Cyclically Adjusted PB Ratio for today is 0.18.

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

FRA:4C0' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.16   Med: 0.27   Max: 0.34
Current: 0.2

During the past years, Conduent's highest Cyclically Adjusted PB Ratio was 0.34. The lowest was 0.16. And the median was 0.27.

FRA:4C0's Cyclically Adjusted PB Ratio is ranked better than
94.19% of 1498 companies
in the Software industry
Industry Median: 2.675 vs FRA:4C0: 0.20

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.

Conduent's adjusted book value per share data for the three months ended in Mar. 2025 was €4.573. 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 €12.20 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Conduent Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Conduent'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.

Conduent Cyclically Adjusted PB Ratio Chart

Conduent Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - 0.31

Conduent Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 - - 0.29 0.31 0.21

Competitive Comparison of Conduent's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Conduent'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.


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

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

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


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Conduent 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=2.18/12.20
=0.18

* 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.

Conduent's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Conduent's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=4.573/134.9266*134.9266
=4.573

Current CPI (Mar. 2025) = 134.9266.

Conduent Quarterly Data

Book Value per Share CPI Adj_Book
201506 0.000 100.684 0.000
201509 0.000 100.392 0.000
201512 23.367 99.792 31.594
201603 23.836 100.470 32.011
201606 24.164 101.688 32.062
201609 24.121 101.861 31.951
201612 15.364 101.863 20.351
201703 15.147 102.862 19.869
201706 14.101 103.349 18.409
201709 13.209 104.136 17.115
201712 14.170 104.011 18.382
201803 13.523 105.290 17.329
201806 14.227 106.317 18.055
201809 13.625 106.507 17.261
201812 13.403 105.998 17.061
201903 12.241 107.251 15.400
201906 7.995 108.070 9.982
201909 8.025 108.329 9.995
201912 5.532 108.420 6.884
202003 5.281 108.902 6.543
202006 4.987 108.767 6.186
202009 4.799 109.815 5.896
202012 4.612 109.897 5.662
202103 4.619 111.754 5.577
202106 4.627 114.631 5.446
202109 4.728 115.734 5.512
202112 4.651 117.630 5.335
202203 5.315 121.301 5.912
202206 5.372 125.017 5.798
202209 5.644 125.227 6.081
202212 3.965 125.222 4.272
202303 3.972 127.348 4.208
202306 3.925 128.729 4.114
202309 2.673 129.860 2.777
202312 2.727 129.419 2.843
202403 3.120 131.776 3.195
202406 4.260 132.554 4.336
202409 4.942 133.029 5.012
202412 4.951 133.157 5.017
202503 4.573 134.927 4.573

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.


Conduent  (FRA:4C0) 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.


Conduent Cyclically Adjusted PB Ratio Related Terms

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


Conduent Business Description

Industry
Traded in Other Exchanges
Address
100 Campus Drive, Suite 200, Florham Park, NJ, USA, 07932
Conduent Inc acts as a provider of business process services with expertise in transaction-intensive processing, analytics, and automation. The company provides industry-focused service offerings in growth markets such as Healthcare and Transportation as well as provides multi-industry services such as transaction processing, customer care, and payment services. It operates through three segments namely Commercial Industries which is the key revenue-driving segment, Government Services, and Transportation. The group operates its business in the United States, Europe, and Other areas of which the majority of revenue is generated in the United States.

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