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CAC Holdings (FRA:CB4) Cyclically Adjusted PB Ratio : 1.16 (As of Jun. 20, 2024)


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What is CAC Holdings Cyclically Adjusted PB Ratio?

As of today (2024-06-20), CAC Holdings's current share price is €11.30. CAC Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €9.72. CAC Holdings's Cyclically Adjusted PB Ratio for today is 1.16.

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

FRA:CB4' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.6   Med: 1.03   Max: 1.46
Current: 1.14

During the past years, CAC Holdings's highest Cyclically Adjusted PB Ratio was 1.46. The lowest was 0.60. And the median was 1.03.

FRA:CB4's Cyclically Adjusted PB Ratio is ranked better than
75.44% of 1425 companies
in the Software industry
Industry Median: 2.52 vs FRA:CB4: 1.14

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.

CAC Holdings's adjusted book value per share data for the three months ended in Mar. 2024 was €11.895. 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 €9.72 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CAC Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CAC Holdings'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.

CAC Holdings Cyclically Adjusted PB Ratio Chart

CAC Holdings 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 1.18 1.05 1.01 0.91 1.04

CAC Holdings 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 1.06 1.07 1.07 1.04 1.15

Competitive Comparison of CAC Holdings's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, CAC Holdings'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.


CAC Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



CAC Holdings 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.

CAC Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.30/9.72
=1.16

* 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.

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

For example, CAC Holdings'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)
=11.895/107.2000*107.2000
=11.895

Current CPI (Mar. 2024) = 107.2000.

CAC Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 8.195 98.000 8.964
201409 8.340 98.500 9.077
201412 9.889 97.900 10.828
201503 11.520 97.900 12.614
201506 10.755 98.400 11.717
201509 10.786 98.500 11.739
201512 10.863 98.100 11.871
201603 10.880 97.900 11.914
201606 11.549 98.100 12.620
201609 12.188 98.000 13.332
201612 11.826 98.400 12.884
201703 12.376 98.100 13.524
201706 12.199 98.500 13.276
201709 12.252 98.800 13.294
201712 12.871 99.400 13.881
201803 12.633 99.200 13.652
201806 13.485 99.200 14.573
201809 14.342 99.900 15.390
201812 11.963 99.700 12.863
201903 12.878 99.700 13.847
201906 13.661 99.800 14.674
201909 13.204 100.100 14.141
201912 12.473 100.500 13.305
202003 11.532 100.300 12.325
202006 12.068 99.900 12.950
202009 11.856 99.900 12.722
202012 11.919 99.300 12.867
202103 12.533 99.900 13.449
202106 12.655 99.500 13.634
202109 13.746 100.100 14.721
202112 14.168 100.100 15.173
202203 13.340 101.100 14.145
202206 12.036 101.800 12.674
202209 12.237 103.100 12.724
202212 11.776 104.100 12.127
202303 11.592 104.400 11.903
202306 11.533 105.200 11.752
202309 11.167 106.200 11.272
202312 11.933 106.800 11.978
202403 11.895 107.200 11.895

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.


CAC Holdings  (FRA:CB4) 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.


CAC Holdings Cyclically Adjusted PB Ratio Related Terms

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


CAC Holdings (FRA:CB4) Business Description

Industry
Traded in Other Exchanges
Address
24-1, Hakozaki-cho, Nihonbashi, Chuo-ku, Tokyo, JPN, 103-0015
CAC Holdings Corp is a Japan-based Information technology (IT) services, provider. The company is mainly engaged in systems development and systems operation. The company also provides outsourcing services, mainly in the field of Contract Research Organization (CRO) services. Other services offered by the company include systems consulting services, systems integration services, systems development services, systems maintenance services, Business process outsourcing (BPO) services, systems operation services, data center services, help desk services, desktop services, information processing services and software/hardware marketing.

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