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Maistro (LSE:MAIS) Cyclically Adjusted PB Ratio : (As of May. 20, 2024)


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What is Maistro Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Maistro Cyclically Adjusted PB Ratio Historical Data

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

Maistro Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Maistro Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18
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Competitive Comparison of Maistro's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Maistro'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.


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

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

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



Maistro 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.

Maistro's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec18 is calculated as:

For example, Maistro's adjusted Book Value per Share data for the fiscal year that ended in Dec18 was:

Adj_Book=Book Value per Share/CPI of Dec18 (Change)*Current CPI (Dec18)
=0.011/107.1000*107.1000
=0.011

Current CPI (Dec18) = 107.1000.

Maistro Annual Data

Book Value per Share CPI Adj_Book
200912 -0.004 88.900 -0.005
201012 -0.002 91.700 -0.002
201112 -0.009 95.000 -0.010
201212 0.125 97.300 0.138
201312 0.223 99.200 0.241
201412 0.277 99.900 0.297
201512 0.143 100.400 0.153
201612 0.075 102.200 0.079
201712 0.020 105.000 0.020
201812 0.011 107.100 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.


Maistro  (LSE:MAIS) 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.


Maistro Cyclically Adjusted PB Ratio Related Terms

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Maistro (LSE:MAIS) Business Description

Industry
Traded in Other Exchanges
N/A
Address
3 Babbage Way, 1A, Grow On Building, Science Park, Clyst Honiton, Exeter, Devon, GBR, EX5 2FN
Maistro PLC operates an enterprise services platform that helps organizations eliminated the waste and inefficiency inherent in traditional purchasing of business services. It provides cloud-based software and managed services to create an end to end solution that includes sourcing, supplier short listing, contract and project management through to payment processing and reporting. The firm has the provision of services segment. It derives revenue from Buyer plans, Buyer premium services, Buyer market intelligence tools, Service provider subscriptions and Project revenue. The company operates mainly in UK and US.

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