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Sunyard Technology Co (SHSE:600571) Cyclically Adjusted PB Ratio : 4.63 (As of Apr. 30, 2024)


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What is Sunyard Technology Co Cyclically Adjusted PB Ratio?

As of today (2024-04-30), Sunyard Technology Co's current share price is ¥11.68. Sunyard Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was ¥2.52. Sunyard Technology Co's Cyclically Adjusted PB Ratio for today is 4.63.

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

SHSE:600571' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.86   Med: 5.41   Max: 75.84
Current: 4.82

During the past years, Sunyard Technology Co's highest Cyclically Adjusted PB Ratio was 75.84. The lowest was 2.86. And the median was 5.41.

SHSE:600571's Cyclically Adjusted PB Ratio is ranked worse than
72.52% of 1299 companies
in the Software industry
Industry Median: 2.56 vs SHSE:600571: 4.82

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.

Sunyard Technology Co's adjusted book value per share data for the three months ended in Dec. 2023 was ¥2.579. 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 ¥2.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sunyard Technology Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sunyard Technology Co'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.

Sunyard Technology Co Cyclically Adjusted PB Ratio Chart

Sunyard Technology Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.61 3.49 5.24 3.74 5.45

Sunyard Technology Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 3.74 4.62 3.68 3.72 5.45

Competitive Comparison of Sunyard Technology Co's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Sunyard Technology Co'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.


Sunyard Technology Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Sunyard Technology Co 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.

Sunyard Technology Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=11.68/2.52
=4.63

* 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.

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

For example, Sunyard Technology Co'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)
=2.579/114.6694*114.6694
=2.579

Current CPI (Dec. 2023) = 114.6694.

Sunyard Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201403 1.539 98.600 1.790
201406 1.550 98.200 1.810
201409 1.607 98.900 1.863
201412 1.715 99.000 1.986
201503 1.749 99.900 2.008
201506 1.744 99.500 2.010
201509 2.292 100.500 2.615
201512 2.413 100.600 2.750
201603 2.446 102.200 2.744
201606 2.476 101.400 2.800
201609 2.527 102.400 2.830
201612 2.630 102.600 2.939
201703 2.663 103.200 2.959
201706 2.641 103.100 2.937
201709 2.639 104.100 2.907
201712 3.413 104.500 3.745
201803 3.175 105.300 3.458
201806 2.859 104.900 3.125
201809 2.686 106.600 2.889
201812 2.396 106.500 2.580
201903 2.678 107.700 2.851
201906 2.216 107.700 2.359
201909 2.158 109.800 2.254
201912 2.152 111.200 2.219
202003 2.088 112.300 2.132
202006 2.153 110.400 2.236
202009 2.153 111.700 2.210
202012 2.257 111.500 2.321
202103 2.208 112.662 2.247
202106 2.825 111.769 2.898
202109 2.704 112.215 2.763
202112 2.604 113.108 2.640
202203 2.484 114.335 2.491
202206 2.553 114.558 2.555
202209 2.388 115.339 2.374
202212 2.204 115.116 2.195
202303 2.235 115.116 2.226
202306 2.291 114.558 2.293
202309 2.410 115.339 2.396
202312 2.579 114.669 2.579

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.


Sunyard Technology Co  (SHSE:600571) 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.


Sunyard Technology Co Cyclically Adjusted PB Ratio Related Terms

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


Sunyard Technology Co (SHSE:600571) Business Description

Traded in Other Exchanges
N/A
Address
No. 3888 Jiangnan Avenue, Sunyard Technology Building, Binjiang District, Zhejiang Provincc, Hangzhou, Zhejiang, CHN, 310053
Sunyard Technology Co Ltd provides end-to-end professional solutions and products for financial institutions mainly in the banking industry. It specializes in financial payment terminals and financial card machines. It is engaged in the research and development, production and sales of financial information security products and payment and information security solutions.

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