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Capita (LSE:CPI) Cyclically Adjusted PB Ratio : (As of May. 16, 2024)


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What is Capita Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Capita Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Capita'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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Capita Cyclically Adjusted PB Ratio Chart

Capita 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 8.49 3.07 4.17 24.07 -

Capita Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 4.17 - 24.07 - -

Competitive Comparison of Capita's Cyclically Adjusted PB Ratio

For the Specialty Business Services subindustry, Capita'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.


Capita's Cyclically Adjusted PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, Capita's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



Capita 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.

Capita's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec23 is calculated as:

For example, Capita's adjusted Book Value per Share data for the fiscal year that ended in Dec23 was:

Adj_Book=Book Value per Share/CPI of Dec23 (Change)*Current CPI (Dec23)
=0.067/130.0000*130.0000
=0.067

Current CPI (Dec23) = 130.0000.

Capita Annual Data

Book Value per Share CPI Adj_Book
201412 0.783 99.900 1.019
201512 -0.234 100.400 -0.303
201612 -0.568 102.200 -0.723
201712 -0.913 105.000 -1.130
201812 0.022 107.100 0.027
201912 -0.076 108.500 -0.091
202012 -0.081 109.400 -0.096
202112 0.163 114.700 0.185
202212 0.197 125.300 0.204
202312 0.067 130.000 0.067

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.


Capita  (LSE:CPI) 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.


Capita Cyclically Adjusted PB Ratio Related Terms

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Capita (LSE:CPI) Business Description

Industry
Traded in Other Exchanges
Address
65 Gresham Street, London, GBR, EC2V 7NQ
Capita PLC is a provider of business process services, driven by data, technology, and people focused on creating useful outcomes and value by working collaboratively with its clients as partners. The company provides consulting, transformation, and professional delivery services, drawing on its practical experience, and provides digitally enabled services and solutions, often under multi-year contracts. It operates across three divisions Capita Public Service, Capita Experience, and Capita Portfolio. The company derives a majority of its revenue from the United Kingdom.