SOFT (SofTech) Cyclically Adjusted PB Ratio: (As of Sep. 16, 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is SofTech Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


SofTech  (OTCPK:SOFT) 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.


SofTech Cyclically Adjusted PB Ratio Related Terms


SofTech Cyclically Adjusted PB Ratio Historical Data

* Premium members only.

The historical data trend for SofTech'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.

SofTech Cyclically Adjusted PB Ratio Chart

SofTech Annual Data
Trend May06 May07 May08 May09 May11 May12 May13 May14 May15 May16
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

SofTech Quarterly Data
Feb12 May12 Aug12 Nov12 Feb13 May13 Aug13 Nov13 Feb14 May14 Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16
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 0.00 0.00 0.00 0.00 0.00

SOFT vs RETC, AGGG, LAAB: Cyclically Adjusted PB Ratio Comparison

For the Software - Application subindustry, SofTech'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.


SofTech Cyclically Adjusted PB Ratio vs Software Industry

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

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



SofTech 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.

SofTech's Cyclically Adjusted Book per Share for the quarter that ended in Nov. 2016 is calculated as:

For example, SofTech's adjusted Book Value per Share data for the three months ended in Nov. 2016 was:

Adj_Book=Book Value per Share/CPI of Nov. 2016 (Change)*Current CPI (Nov. 2016)
=1.805/241.3530*241.3530
=1.805

Current CPI (Nov. 2016) = 241.3530.

SofTech Quarterly Data

Book Value per Share CPI Adj_Book
200602 -11.606 198.700 -14.097
200605 -12.146 202.500 -14.476
200608 -13.358 203.900 -15.812
200611 -13.787 201.500 -16.514
200702 -13.962 203.499 -16.559
200705 -14.237 207.949 -16.524
200708 -14.237 207.917 -16.527
200711 -14.656 210.177 -16.830
200802 -14.894 211.693 -16.981
200805 -14.907 216.632 -16.608
200808 -14.152 219.086 -15.590
200811 -13.564 212.425 -15.411
200902 -13.227 212.193 -15.045
200905 -12.701 213.856 -14.334
200908 -12.405 215.834 -13.872
200911 -12.003 216.330 -13.391
201002 -11.953 216.741 -13.310
201105 22.326 225.964 23.846
201108 0.000 226.545 0.000
201111 1.237 226.230 1.320
201202 1.374 227.663 1.457
201205 1.436 229.815 1.508
201208 1.605 230.379 1.681
201211 1.800 230.221 1.887
201302 1.662 232.166 1.728
201305 1.720 232.945 1.782
201308 1.563 233.877 1.613
201311 1.485 233.069 1.538
201402 1.134 234.781 1.166
201405 1.040 237.900 1.055
201408 0.155 237.852 0.157
201411 -0.492 236.151 -0.503
201502 -0.795 234.722 -0.817
201505 -0.765 237.805 -0.776
201508 -0.955 238.316 -0.967
201511 -0.920 237.336 -0.936
201602 -1.349 237.111 -1.373
201605 -1.575 240.229 -1.582
201608 -1.834 240.849 -1.838
201611 1.805 241.353 1.805

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.


SofTech Business Description

Address 650 Suffolk Street, Suite 415, Lowell, MA, USA, 01854
SofTech Inc is engaged in the development, marketing, distribution and support of computer software solutions that enable companies to manage the lifecycle of their products from conception through design and manufacture, to service and disposal. The company's service offerings include consulting, training and discrete engineering services. These solutions include software technology offerings for computer-aided design, and product data management and collaboration technologies. In addition, the company offers a technology platform that allows data exchange between various third-party technology offerings known as the company's connector offering.