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Unisys (LSE:USY) Cyclically Adjusted PB Ratio : (As of May. 05, 2024)


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What is Unisys Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Unisys Cyclically Adjusted PB Ratio Historical Data

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

Unisys Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Unisys Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Unisys's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Unisys'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.


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

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

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



Unisys 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.

Unisys's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Unisys's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-2.219/129.4194*129.4194
=-2.219

Current CPI (Dec. 2023) = 129.4194.

Unisys Quarterly Data

Book Value per Share CPI Adj_Book
201403 -13.732 99.695 -17.826
201406 -13.347 100.560 -17.177
201409 -11.415 100.428 -14.710
201412 -29.376 99.070 -38.375
201503 -28.691 99.621 -37.273
201506 -29.469 100.684 -37.880
201509 -29.443 100.392 -37.956
201512 -27.850 99.792 -36.118
201603 -27.301 100.470 -35.167
201606 -25.738 101.688 -32.757
201609 -25.476 101.861 -32.369
201612 -32.555 101.863 -41.362
201703 -32.009 102.862 -40.273
201706 -32.110 103.349 -40.210
201709 -32.259 104.136 -40.091
201712 -26.826 104.011 -33.379
201803 -25.533 105.290 -31.385
201806 -25.003 106.317 -30.436
201809 -24.224 106.507 -29.435
201812 -26.292 105.998 -32.102
201903 -25.632 107.251 -30.930
201906 -24.347 108.070 -29.157
201909 -18.705 108.329 -22.347
201912 -20.279 108.420 -24.207
202003 -3.886 108.902 -4.618
202006 -4.353 108.767 -5.180
202009 -3.774 109.815 -4.448
202012 -5.663 109.897 -6.669
202103 -4.948 111.754 -5.730
202106 -4.601 114.631 -5.195
202109 -4.383 115.734 -4.901
202112 -1.692 117.630 -1.862
202203 -1.892 121.301 -2.019
202206 -2.172 125.017 -2.248
202209 -2.716 125.227 -2.807
202212 -0.217 125.222 -0.224
202303 0.245 127.348 0.249
202306 0.167 128.729 0.168
202309 -0.474 129.860 -0.472
202312 -2.219 129.419 -2.219

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.


Unisys  (LSE:USY) 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.


Unisys Cyclically Adjusted PB Ratio Related Terms

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


Unisys (LSE:USY) Business Description

Industry
Traded in Other Exchanges
Address
801 Lakeview Drive, Suite 100, Blue Bell, PA, USA, 19422
Unisys Corp is engaged in the provision of technology solutions for clients across the government, financial services, and commercial markets. It operates through three business segments: Digital Workplace Solutions (DWS), Cloud & Infrastructure Solutions (C&I), and Enterprise Computing Solutions (ECS). DWS provides solutions that transform digital workplaces securely and create exceptional end-user experiences. C&I provides solutions that drive modern IT service platforms, cloud applications development, intelligent services, and cybersecurity services. ECS provides solutions that harness secure, continuous high-intensity computing and enable digital services through software-defined operating environments.

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