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Accenture (LTS:0Y0Y) Cyclically Adjusted PB Ratio : 12.65 (As of Jan. 19, 2025)


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What is Accenture Cyclically Adjusted PB Ratio?

As of today (2025-01-19), Accenture's current share price is $354.1899. Accenture's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 was $28.01. Accenture's Cyclically Adjusted PB Ratio for today is 12.65.

The historical rank and industry rank for Accenture's Cyclically Adjusted PB Ratio or its related term are showing as below:

LTS:0Y0Y' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 10.74   Med: 18.22   Max: 25.65
Current: 12.62

During the past years, Accenture's highest Cyclically Adjusted PB Ratio was 25.65. The lowest was 10.74. And the median was 18.22.

LTS:0Y0Y's Cyclically Adjusted PB Ratio is ranked worse than
90.21% of 1349 companies
in the Software industry
Industry Median: 2.71 vs LTS:0Y0Y: 12.62

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.

Accenture's adjusted book value per share data for the three months ended in Nov. 2024 was $46.703. 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 $28.01 for the trailing ten years ended in Nov. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Accenture Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Accenture'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.

Accenture Cyclically Adjusted PB Ratio Chart

Accenture Annual Data
Trend Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 19.25 22.07 14.96 13.75 12.51

Accenture Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 13.72 14.90 10.74 12.51 12.97

Competitive Comparison of Accenture's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Accenture'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.


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

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

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



Accenture 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.

Accenture's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=354.1899/28.01
=12.65

* 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.

Accenture's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2024 is calculated as:

For example, Accenture's adjusted Book Value per Share data for the three months ended in Nov. 2024 was:

Adj_Book=Book Value per Share/CPI of Nov. 2024 (Change)*Current CPI (Nov. 2024)
=46.703/121.3524*121.3524
=46.703

Current CPI (Nov. 2024) = 121.3524.

Accenture Quarterly Data

Book Value per Share CPI Adj_Book
201502 9.563 99.377 11.678
201505 9.468 100.374 11.447
201508 9.787 100.773 11.786
201511 9.433 99.776 11.473
201602 10.919 99.277 13.347
201605 11.449 100.374 13.842
201608 12.173 100.673 14.674
201611 11.947 99.676 14.545
201702 12.844 99.776 15.622
201705 13.218 100.573 15.949
201708 14.539 101.072 17.456
201711 14.791 100.174 17.918
201802 15.674 100.274 18.969
201805 15.287 100.972 18.373
201808 16.219 101.769 19.340
201811 19.892 100.773 23.954
201902 20.907 100.872 25.152
201905 21.559 101.969 25.657
201908 22.664 102.467 26.841
201911 23.885 101.869 28.453
202002 24.284 101.969 28.900
202005 25.182 101.470 30.116
202008 26.808 101.470 32.061
202011 28.261 100.773 34.033
202102 28.802 101.570 34.412
202105 30.488 103.165 35.863
202108 30.897 104.361 35.928
202111 32.200 106.155 36.810
202202 32.459 107.251 36.727
202205 33.819 111.239 36.894
202208 35.024 113.383 37.486
202211 36.500 115.677 38.291
202302 37.643 116.402 39.244
202305 40.159 118.696 41.058
202308 40.895 120.628 41.141
202311 42.547 120.145 42.975
202402 43.132 120.386 43.478
202405 44.276 121.835 44.100
202408 45.242 122.681 44.752
202411 46.703 121.352 46.703

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.


Accenture  (LTS:0Y0Y) 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.


Accenture Cyclically Adjusted PB Ratio Related Terms

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


Accenture Business Description

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Address
1 Grand Canal Square, Grand Canal Harbour, Dublin, IRL, 2
Accenture is a leading global IT-services firm that provides consulting, strategy, and technology and operational services. These services run the gamut from aiding enterprises with digital transformation to procurement services to software system integration. The company provides its IT offerings to a variety of sectors, including communications, media and technology, financial services, health and public services, consumer products, and resources. Accenture employs just under 500,000 people throughout 200 cities in 51 countries.

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