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Nuance Communications (Nuance Communications) Cyclically Adjusted PB Ratio : (As of May. 25, 2024)


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What is Nuance Communications Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Nuance Communications Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Nuance Communications'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.

Nuance Communications Cyclically Adjusted PB Ratio Chart

Nuance Communications Annual Data
Trend Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21
Cyclically Adjusted PB Ratio
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Nuance Communications Quarterly Data
Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
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Competitive Comparison of Nuance Communications's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Nuance Communications'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.


Nuance Communications's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Nuance Communications 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.

Nuance Communications's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2021 is calculated as:

For example, Nuance Communications's adjusted Book Value per Share data for the three months ended in Dec. 2021 was:

Adj_Book=Book Value per Share/CPI of Dec. 2021 (Change)*Current CPI (Dec. 2021)
=4.94/117.6295*117.6295
=4.940

Current CPI (Dec. 2021) = 117.6295.

Nuance Communications Quarterly Data

Book Value per Share CPI Adj_Book
201203 8.161 96.783 9.919
201206 8.474 96.819 10.295
201209 8.787 97.633 10.587
201212 8.791 96.871 10.675
201303 8.708 98.209 10.430
201306 8.470 98.518 10.113
201309 8.358 98.790 9.952
201312 8.222 98.326 9.836
201403 8.166 99.695 9.635
201406 8.127 100.560 9.507
201409 8.047 100.428 9.425
201412 7.861 99.070 9.334
201503 7.551 99.621 8.916
201506 7.485 100.684 8.745
201509 7.312 100.392 8.568
201512 7.449 99.792 8.780
201603 6.435 100.470 7.534
201606 6.418 101.688 7.424
201609 6.715 101.861 7.755
201612 6.608 101.863 7.631
201703 6.779 102.862 7.752
201706 6.776 103.349 7.712
201709 6.656 104.136 7.518
201712 6.900 104.011 7.803
201803 6.428 105.290 7.181
201806 6.117 106.317 6.768
201809 5.969 106.507 6.592
201812 6.784 105.998 7.528
201903 7.142 107.251 7.833
201906 7.169 108.070 7.803
201909 7.537 108.329 8.184
201912 4.370 108.420 4.741
202003 3.969 108.902 4.287
202006 4.088 108.767 4.421
202009 4.043 109.815 4.331
202012 4.047 109.897 4.332
202103 3.929 111.754 4.136
202106 5.259 114.631 5.397
202109 5.180 115.734 5.265
202112 4.940 117.630 4.940

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.


Nuance Communications  (NAS:NUAN) 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.


Nuance Communications Cyclically Adjusted PB Ratio Related Terms

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Nuance Communications (Nuance Communications) Business Description

Traded in Other Exchanges
N/A
Address
1 Wayside Road, Burlington, MA, USA, 01803
Nuance Communications Inc is the pioneer in conversational AI innovations that bring intelligence to everyday work and life. The company delivers solutions that understand, analyze, and respond to people amplifying human intelligence to increase productivity and security. Its operating segment includes Healthcare; Enterprise; and Other. The company generates maximum revenue from the Healthcare segment. Its Healthcare segment is primarily engaged in providing clinical speech and clinical language understanding solutions that improve the clinical documentation process, from capturing the complete patient record to improving clinical documentation and quality measures for reimbursement. Geographically, it derives a majority of revenue from the United States.
Executives
Lloyd Carney director C/O MICROMUSE INC, 139 TOWNSEND ST, SAN FRANCISCO CA 94107
Robert Dahdah officer: Executive Vice President and C C/O NUANCE COMMUNICATIONS, INC. ONE WAYSIDE ROAD BURLINGTON MA 01803
Mark D Benjamin director, officer: Chief Executive Officer NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Robert Weideman officer: EVP & GM, Enterprise Division C/O SCANSOFT INC 9 CENTENNIAL DR PEABODY MA 01960
Daniel David Tempesta officer: EVP & Chief Financial Officer ONE WAYSIDE ROAD, BURLINGTON MA 01803
Sanjay Vaswani director
Joseph Carl Petro officer: Executive Vice President & Chi THREE RAVINIA DRIVE ATLANTA 2Q 30346
Arthur G. Giterman officer: SVP & Chief Accounting Officer 26 ELDRED STREET LEXINGTON MA 02420
Wendy Cassity officer: EVP & Chief Legal Officer C/O XPO, INC., FIVE AMERICAN LANE, GREENWICH CT 06831
Thomas L Beaudoin officer: EVP, Business Transformation NUANCE COMMUNICATIONS, INC., 1 WAYSIDE ROAD, BURLINGTON MA 01803
Mark R Laret director VARIAN MEDICAL SYSTEMS INC 3100 HANSEN WAY MAIL STOP E327 PALO ALTO CA 94304
Daniel J. Brennan director BOSTON SCIENTIFIC CORPORATION, 300 BOSTON SCIENTIFIC WAY, MARLBOROUGH MA 01752-1234
Robert J Finocchio director C/O ALTERA CORP 101 INNOVATION DRIVE SAN JOSE CA 95134
Thomas D Ebling director C/O DEMANDWARE, INC. 5 WALL STREET BURLINGTON MA 01803
Laura S. Kaiser director 10101 WOODFIELD LANE, ST. LOUIS MO 63132