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Bottomline Technologies (FRA:BOT) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is Bottomline Technologies Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Bottomline Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Bottomline Technologies'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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Bottomline Technologies Cyclically Adjusted PB Ratio Chart

Bottomline Technologies Annual Data
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Cyclically Adjusted PB Ratio
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Bottomline Technologies Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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Competitive Comparison of Bottomline Technologies's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Bottomline Technologies'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.


Bottomline Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Bottomline Technologies 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.

Bottomline Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2022 is calculated as:

For example, Bottomline Technologies's adjusted Book Value per Share data for the three months ended in Mar. 2022 was:

Adj_Book=Book Value per Share/CPI of Mar. 2022 (Change)*Current CPI (Mar. 2022)
=8.808/121.3010*121.3010
=8.808

Current CPI (Mar. 2022) = 121.3010.

Bottomline Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201206 7.208 96.819 9.031
201209 7.117 97.633 8.842
201212 7.515 96.871 9.410
201303 7.665 98.209 9.467
201306 7.502 98.518 9.237
201309 7.542 98.790 9.261
201312 7.346 98.326 9.062
201403 7.358 99.695 8.953
201406 7.609 100.560 9.178
201409 7.748 100.428 9.358
201412 7.827 99.070 9.583
201503 8.770 99.621 10.679
201506 8.150 100.684 9.819
201509 7.690 100.392 9.292
201512 7.797 99.792 9.478
201603 7.713 100.470 9.312
201606 6.946 101.688 8.286
201609 6.760 101.861 8.050
201612 6.725 101.863 8.008
201703 6.695 102.862 7.895
201706 6.227 103.349 7.309
201709 5.957 104.136 6.939
201712 6.237 104.011 7.274
201803 6.271 105.290 7.225
201806 6.820 106.317 7.781
201809 7.408 106.507 8.437
201812 7.786 105.998 8.910
201903 8.071 107.251 9.128
201906 8.127 108.070 9.122
201909 8.197 108.329 9.179
201912 8.546 108.420 9.561
202003 8.267 108.902 9.208
202006 8.261 108.767 9.213
202009 8.407 109.815 9.286
202012 8.332 109.897 9.197
202103 8.588 111.754 9.322
202106 8.758 114.631 9.268
202109 8.694 115.734 9.112
202112 8.528 117.630 8.794
202203 8.808 121.301 8.808

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.


Bottomline Technologies  (FRA:BOT) 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.


Bottomline Technologies Cyclically Adjusted PB Ratio Related Terms

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Bottomline Technologies (FRA:BOT) Business Description

Traded in Other Exchanges
N/A
Address
325 Corporate Drive, Portsmouth, NH, USA, 03801-6808
Bottomline Technologies Inc provides financial oriented solutions. It is a trusted and easy-to-use set of cloud-based digital banking, fraud prevention, payment, financial document, and healthcare solutions. Bottomline consists of four operating segments: Cloud Solutions segment provides customers predominately with SaaS technology offerings that facilitate electronic payment, electronic invoicing and spend management; Digital Banking segment provides solutions that are specifically designed for banking and financial institution customers; Payments and Transactional Documents segment is a supplier of software products that provide a range of financial business process management solutions; and Other segment consists of healthcare and cyber fraud and risk management operating segments.

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