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TXT e-solutions SpA (LTS:0NLD) Cyclically Adjusted PB Ratio : 4.48 (As of May. 24, 2025)


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What is TXT e-solutions SpA Cyclically Adjusted PB Ratio?

As of today (2025-05-24), TXT e-solutions SpA's current share price is €36.25. TXT e-solutions SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was €8.09. TXT e-solutions SpA's Cyclically Adjusted PB Ratio for today is 4.48.

The historical rank and industry rank for TXT e-solutions SpA's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0NLD' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.37   Med: 2.59   Max: 5.4
Current: 4.63

During the past years, TXT e-solutions SpA's highest Cyclically Adjusted PB Ratio was 5.40. The lowest was 1.37. And the median was 2.59.

LTS:0NLD's Cyclically Adjusted PB Ratio is ranked worse than
68.56% of 1406 companies
in the Software industry
Industry Median: 2.745 vs LTS:0NLD: 4.63

The Shiller PE Ratio was first used by professor Robert Shiller. He uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings per share of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted PB Ratio. The Cyclically Adjusted Book per Share is the average of the inflation adjusted book value per share of a company over the past 10 years.

TXT e-solutions SpA's adjusted book value per share data for the three months ended in Mar. 2025 was €12.121. Add all the adjusted book value per share for the past 10 years together and divide the count will get our Cyclically Adjusted Book per Share, which is €8.09 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


TXT e-solutions SpA Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TXT e-solutions SpA'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.

* Premium members only.

TXT e-solutions SpA Cyclically Adjusted PB Ratio Chart

TXT e-solutions SpA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.88 2.15 2.20 3.03 4.73

TXT e-solutions SpA Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 3.32 3.48 3.79 4.73 4.08

Competitive Comparison of TXT e-solutions SpA's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, TXT e-solutions SpA'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.


TXT e-solutions SpA's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, TXT e-solutions SpA's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where TXT e-solutions SpA's Cyclically Adjusted PB Ratio falls into.


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TXT e-solutions SpA 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.

TXT e-solutions SpA's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=36.25/8.09
=4.48

* 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.

TXT e-solutions SpA's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, TXT e-solutions SpA's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=12.121/122.5000*122.5000
=12.121

Current CPI (Mar. 2025) = 122.5000.

TXT e-solutions SpA Quarterly Data

Book Value per Share CPI Adj_Book
201503 2.935 99.814 3.602
201506 2.728 100.279 3.332
201509 2.773 100.000 3.397
201512 2.883 99.814 3.538
201603 2.892 99.600 3.557
201606 2.680 99.900 3.286
201609 2.795 100.100 3.420
201612 2.942 100.300 3.593
201703 2.991 101.000 3.628
201706 2.771 101.100 3.358
201709 2.845 101.200 3.444
201712 8.510 101.200 10.301
201803 8.375 101.800 10.078
201806 7.427 102.400 8.885
201809 7.575 102.600 9.044
201812 7.414 102.300 8.878
201903 7.499 102.800 8.936
201906 7.206 103.100 8.562
201909 7.279 102.900 8.665
201912 6.945 102.800 8.276
202003 7.036 102.900 8.376
202006 7.175 102.900 8.542
202009 7.279 102.300 8.716
202012 7.364 102.600 8.792
202103 7.334 103.700 8.664
202106 7.352 104.200 8.643
202112 7.877 106.600 9.052
202203 0.000 110.400 0.000
202206 8.277 112.500 9.013
202209 8.470 114.200 9.086
202212 9.039 119.000 9.305
202303 9.185 118.800 9.471
202306 9.066 119.700 9.278
202309 9.186 120.300 9.354
202312 9.726 119.700 9.954
202403 10.074 120.200 10.267
202406 10.078 120.700 10.228
202409 10.779 121.200 10.895
202412 11.670 121.200 11.795
202503 12.121 122.500 12.121

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.


TXT e-solutions SpA  (LTS:0NLD) 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.


TXT e-solutions SpA Cyclically Adjusted PB Ratio Related Terms

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


TXT e-solutions SpA Business Description

Industry
Traded in Other Exchanges
Address
Via Milano, No. 150, Cologno Monzese, Milan, ITA, 20093
TXT e-solutions SpA is an Italy-based company. The company provides three operating segments: Smart Solutions, Software Engineering, and Digital Advisory. The smart solution segment includes the activities of TXT Risk Solutions, Assiopay, and Working Capital Solution. D.M. Management and Consulting, etc. Software Engineering includes e-tech Srl, Ennova Group, TXT e-swiss, and Fascode S.P.A. Digital Advisory includes companies such as HSPI, PGMD Consulting, Tlogos, etc. The majority of revenue is from Software Engineering. Geographically, it has a presence in Italy, Germany, the United Kingdom, France, Switzerland, and the USA.

TXT e-solutions SpA Headlines

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