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Kainos Group (Kainos Group) Cyclically Adjusted PB Ratio : 14.85 (As of May. 21, 2024)


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What is Kainos Group Cyclically Adjusted PB Ratio?

As of today (2024-05-21), Kainos Group's current share price is $25.55. Kainos Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 was $1.72. Kainos Group's Cyclically Adjusted PB Ratio for today is 14.85.

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

KNNNF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 18.16   Med: 26.58   Max: 42.13
Current: 19.19

During the past 12 years, Kainos Group's highest Cyclically Adjusted PB Ratio was 42.13. The lowest was 18.16. And the median was 26.58.

KNNNF's Cyclically Adjusted PB Ratio is ranked worse than
95.62% of 1348 companies
in the Software industry
Industry Median: 2.605 vs KNNNF: 19.19

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.

Kainos Group's adjusted book value per share data of for the fiscal year that ended in Mar24 was $1.584. 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 $1.72 for the trailing ten years ended in Mar24.

Shiller PE for Stocks: The True Measure of Stock Valuation


Kainos Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Kainos Group'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.

Kainos Group Cyclically Adjusted PB Ratio Chart

Kainos Group Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 33.56 26.48 14.87

Kainos Group Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 33.56 - 26.48 - 14.87

Competitive Comparison of Kainos Group's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Kainos Group'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.


Kainos Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Kainos Group 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.

Kainos Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=25.55/1.72
=14.85

* 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.

Kainos Group's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar24 is calculated as:

For example, Kainos Group's adjusted Book Value per Share data for the fiscal year that ended in Mar24 was:

Adj_Book=Book Value per Share/CPI of Mar24 (Change)*Current CPI (Mar24)
=1.584/131.6000*131.6000
=1.584

Current CPI (Mar24) = 131.6000.

Kainos Group Annual Data

Book Value per Share CPI Adj_Book
201503 0.301 99.600 0.398
201603 0.313 100.400 0.410
201703 0.313 102.700 0.401
201803 0.421 105.100 0.527
201903 0.524 107.000 0.644
202003 0.600 108.600 0.727
202103 0.990 109.700 1.188
202203 1.144 116.500 1.292
202303 1.260 126.800 1.308
202403 1.584 131.600 1.584

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.


Kainos Group  (OTCPK:KNNNF) 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.


Kainos Group Cyclically Adjusted PB Ratio Related Terms

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


Kainos Group (Kainos Group) Business Description

Industry
Traded in Other Exchanges
Address
4-6 Upper Crescent, Kainos House, Belfast, Northern Ireland, GBR, BT7 1NT
Kainos Group PLC provides information technology services, consulting and software solutions. It is structured into two divisions namely Digital Services and Workday Practice. Digital Services include full life cycle development and support of digital solutions for government and commercial customers. Workday Practice includes includes cloud-based software for Human Capital Management and Financial Management and Planning, Workday Products. The company derives majority of its revenues from the Digital Services segment.

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