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SRA Holdings (SRA Holdings) Cyclically Adjusted PB Ratio : (As of Jun. 23, 2024)


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What is SRA Holdings Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


SRA Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for SRA Holdings'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.

SRA Holdings Cyclically Adjusted PB Ratio Chart

SRA Holdings Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.73 1.45 1.78 1.71 1.66

SRA Holdings 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 1.74 1.66 1.81 1.91 1.92

Competitive Comparison of SRA Holdings's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, SRA Holdings'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.


SRA Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



SRA Holdings 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.

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

For example, SRA Holdings'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)
=16.016/106.8000*106.8000
=16.016

Current CPI (Dec. 2023) = 106.8000.

SRA Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 13.979 95.700 15.600
201406 13.527 98.000 14.742
201409 13.190 98.500 14.301
201412 12.671 97.900 13.823
201503 13.010 97.900 14.193
201506 12.656 98.400 13.736
201509 13.411 98.500 14.541
201512 13.642 98.100 14.852
201603 13.737 97.900 14.986
201606 13.922 98.100 15.157
201609 14.742 98.000 16.066
201612 13.333 98.400 14.471
201703 14.280 98.100 15.546
201706 14.867 98.500 16.120
201709 15.444 98.800 16.695
201712 14.472 99.400 15.549
201803 16.435 99.200 17.694
201806 15.351 99.200 16.527
201809 15.311 99.900 16.369
201812 15.207 99.700 16.290
201903 15.583 99.700 16.693
201906 14.921 99.800 15.968
201909 14.899 100.100 15.896
201912 14.295 100.500 15.191
202003 15.091 100.300 16.069
202006 14.713 99.900 15.729
202009 15.838 99.900 16.932
202012 16.865 99.300 18.139
202103 16.765 99.900 17.923
202106 16.672 99.500 17.895
202109 17.522 100.100 18.695
202112 17.615 100.100 18.794
202203 17.332 101.100 18.309
202206 15.698 101.800 16.469
202209 15.262 103.100 15.810
202212 16.710 104.100 17.143
202303 15.773 104.400 16.136
202306 14.769 105.200 14.994
202309 14.857 106.200 14.941
202312 16.016 106.800 16.016

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.


SRA Holdings  (GREY:SRHLF) 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.


SRA Holdings Cyclically Adjusted PB Ratio Related Terms

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SRA Holdings (SRA Holdings) Business Description

Industry
Traded in Other Exchanges
Address
2-32-8 Minami-Ikebukuro, Toshima-ku, Tokyo, JPN, 171-0022
SRA Holdings Inc is an information technology services provider. The company operates through three business areas: systems development, operation/administration services and product solutions marketing. The systems development includes financial IT services, embedded IT services, academic IT services, business systems development and infrastructure development. The operation/administration services include outsourcing services, infrastructure operation services and system operation services. The product solutions marketing includes cloud security, open source software, and development support. The company has an operational presence across Europe, India, China, and Singapore.

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