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Allocate Software (LSE:ALLA) Cyclically Adjusted PB Ratio : (As of May. 15, 2024)


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What is Allocate Software 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


Allocate Software Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Allocate Software'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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Allocate Software Cyclically Adjusted PB Ratio Chart

Allocate Software Annual Data
Trend May05 May06 May07 May08 May09 May10 May11 May12 May13 May14
Cyclically Adjusted PB Ratio
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Allocate Software Semi-Annual Data
Nov04 May05 Nov05 May06 Nov06 May07 Nov07 May08 Nov08 May09 Nov09 May10 Nov10 May11 Nov11 May12 Nov12 May13 Nov13 May14
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Competitive Comparison of Allocate Software's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Allocate Software'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.


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

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

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



Allocate Software 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.

Allocate Software's Cyclically Adjusted Book per Share for the fiscal year that ended in May14 is calculated as:

For example, Allocate Software's adjusted Book Value per Share data for the fiscal year that ended in May14 was:

Adj_Book=Book Value per Share/CPI of May14 (Change)*Current CPI (May14)
=0.276/100.3725*100.3725
=0.276

Current CPI (May14) = 100.3725.

Allocate Software Annual Data

Book Value per Share CPI Adj_Book
200505 0.042 82.019 0.051
200605 0.015 85.437 0.018
200705 0.033 87.736 0.038
200805 0.066 91.399 0.072
200905 0.118 90.228 0.131
201005 0.194 92.052 0.212
201105 0.310 95.337 0.326
201205 0.247 96.961 0.256
201305 0.221 98.282 0.226
201405 0.276 100.373 0.276

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.


Allocate Software  (LSE:ALLA) 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.


Allocate Software Cyclically Adjusted PB Ratio Related Terms

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


Allocate Software (LSE:ALLA) Business Description

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Allocate Software PLC is engaged in the development, sale and support of workforce management solutions, and the provision of related IT services to major healthcare, defence, government and commercial customers. The business of the company is focused principally on the Healthcare market in addition to Defence. Its segments are Licence, Subscriptions, Support, and Services. Licence and Subscriptions segments represent the sale of non-cancellable software licence agreements and subscriptions associated with that software. Support and Services segments represent the provision of installation, consulting, training and product support. It operates in UK, Europe, USA and Australia.

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