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Groupe Open (LTS:0O1T) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is Groupe Open Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Groupe Open Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Groupe Open'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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Groupe Open Cyclically Adjusted PB Ratio Chart

Groupe Open Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Cyclically Adjusted PB Ratio
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Groupe Open Semi-Annual Data
Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21
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Competitive Comparison of Groupe Open's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Groupe Open'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.


Groupe Open's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Groupe Open 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.

Groupe Open's Cyclically Adjusted Book per Share for the fiscal year that ended in Dec20 is calculated as:

For example, Groupe Open's adjusted Book Value per Share data for the fiscal year that ended in Dec20 was:

Adj_Book=Book Value per Share/CPI of Dec20 (Change)*Current CPI (Dec20)
=14.396/104.9600*104.9600
=14.396

Current CPI (Dec20) = 104.9600.

Groupe Open Annual Data

Book Value per Share CPI Adj_Book
201112 9.154 97.800 9.824
201212 10.531 99.100 11.154
201312 10.994 99.800 11.562
201412 11.601 99.860 12.193
201512 12.483 100.040 13.097
201612 13.520 100.650 14.099
201712 13.811 101.850 14.233
201812 13.968 103.470 14.169
201912 13.920 104.980 13.917
202012 14.396 104.960 14.396

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.


Groupe Open  (LTS:0O1T) 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.


Groupe Open Cyclically Adjusted PB Ratio Related Terms

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Groupe Open (LTS:0O1T) Business Description

Industry
Traded in Other Exchanges
N/A
Address
97 Boulevard, Paris, FRA, 75017
Groupe Open SA is engaged in digital and industrial transformation business in France, Belgium, the Netherlands, Luxembourg, and China. The company offers IT and digital consultancy services; project management assistance; project design and conception services; application design and development services for management systems, Websites, mobile projects; application portfolio management services; software integrating solutions; and project testing and acceptance services.

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