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Catenai (LSE:CTAI) Cyclically Adjusted PB Ratio : (As of Jun. 11, 2024)


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What is Catenai Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Catenai Cyclically Adjusted PB Ratio Historical Data

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

Catenai Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Cyclically Adjusted PB Ratio
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Catenai Semi-Annual Data
Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Jun23
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Competitive Comparison of Catenai's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Catenai'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.


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

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

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



Catenai 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.

Catenai's Cyclically Adjusted Book per Share for the fiscal year that ended in Sep20 is calculated as:

For example, Catenai's adjusted Book Value per Share data for the fiscal year that ended in Sep20 was:

Adj_Book=Book Value per Share/CPI of Sep20 (Change)*Current CPI (Sep20)
=0.011/109.2000*109.2000
=0.011

Current CPI (Sep20) = 109.2000.

Catenai Annual Data

Book Value per Share CPI Adj_Book
201109 -0.799 94.500 -0.923
201209 -0.145 96.400 -0.164
201309 -1.220 98.700 -1.350
201409 -1.049 100.000 -1.146
201509 -1.441 100.200 -1.570
201609 -0.651 101.500 -0.700
201709 -0.155 104.300 -0.162
201809 -0.215 106.600 -0.220
201909 -0.113 108.400 -0.114
202009 0.011 109.200 0.011

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.


Catenai  (LSE:CTAI) 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.


Catenai Cyclically Adjusted PB Ratio Related Terms

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Catenai (LSE:CTAI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
26/27 Lansdowne Terrace, Gosforth, Newcastle Upon Tyne, GBR, NE3 1HP
Catenae Innovation PLC is engaged in the provision of multimedia and technology solutions. It is a provider of financial technology and media publishing solutions utilising blockchain technologies. It generates revenue from the exploitation of intellectual property and licenses held.

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