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Hexaware Technologies (Hexaware Technologies) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


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What is Hexaware Technologies 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


Hexaware Technologies Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Hexaware 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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Hexaware Technologies Cyclically Adjusted PB Ratio Chart

Hexaware Technologies Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Cyclically Adjusted PB Ratio
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Hexaware Technologies Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
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Competitive Comparison of Hexaware Technologies's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Hexaware 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.


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

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

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



Hexaware 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.

Hexaware Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2020 is calculated as:

For example, Hexaware Technologies's adjusted Book Value per Share data for the three months ended in Sep. 2020 was:

Adj_Book=Book Value per Share/CPI of Sep. 2020 (Change)*Current CPI (Sep. 2020)
=0.704/130.1179*130.1179
=0.704

Current CPI (Sep. 2020) = 130.1179.

Hexaware Technologies Quarterly Data

Book Value per Share CPI Adj_Book
200812 0.238 56.232 0.551
200912 0.318 64.648 0.640
201012 0.370 70.768 0.680
201109 0.000 75.359 0.000
201112 0.331 75.359 0.572
201203 0.000 76.889 0.000
201206 0.000 79.567 0.000
201209 0.000 82.244 0.000
201212 0.371 83.774 0.576
201303 0.000 85.687 0.000
201306 0.362 88.365 0.533
201309 0.000 91.042 0.000
201312 0.323 91.425 0.460
201403 0.000 91.425 0.000
201406 0.350 94.103 0.484
201409 0.000 96.780 0.000
201412 0.342 96.780 0.460
201503 0.000 97.163 0.000
201506 0.357 99.841 0.465
201509 0.000 101.753 0.000
201512 0.357 102.901 0.451
201603 0.359 102.518 0.456
201606 0.374 105.961 0.459
201609 0.400 105.961 0.491
201612 0.425 105.196 0.526
201703 0.000 105.196 0.000
201706 0.470 107.109 0.571
201709 0.500 109.021 0.597
201712 0.527 109.404 0.627
201803 0.000 109.786 0.000
201806 0.556 111.317 0.650
201809 0.544 115.142 0.615
201812 0.569 115.142 0.643
201903 0.599 118.202 0.659
201906 0.617 120.880 0.664
201909 0.634 123.175 0.670
201912 0.655 126.235 0.675
202003 0.656 124.705 0.684
202006 0.666 127.000 0.682
202009 0.704 130.118 0.704

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.


Hexaware Technologies  (OTCPK:HXWRY) 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.


Hexaware Technologies Cyclically Adjusted PB Ratio Related Terms

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Hexaware Technologies (Hexaware Technologies) Business Description

Traded in Other Exchanges
N/A
Address
152 Millennium Business Park, Sector-lll, A Block, TTC Industrial Area, Mahape, Navi Mumbai, Maharashtra, IND, 400710
Hexaware Technologies provides a variety of information technology services, including information technology application consulting, support and maintenance, infrastructure management, business process services, robotic process automation, and customer relationship management. Hexaware is organized into four segments based on customer industry: banking and financial services, travel and transportation, heath and insurance, manufacturing and consumer, and professional services. The banking and financial services segment generates the most revenue. The majority of revenue comes from the United States.