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Surgepays (STU:9B90) Cyclically Adjusted PB Ratio : (As of Jun. 18, 2024)


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What is Surgepays Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Surgepays Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Surgepays'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.

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Surgepays Cyclically Adjusted PB Ratio Chart

Surgepays Annual Data
Trend Apr14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted PB Ratio
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Surgepays Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Surgepays's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Surgepays'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.


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

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

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



Surgepays 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.

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

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

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=2.653/131.7762*131.7762
=2.653

Current CPI (Mar. 2024) = 131.7762.

Surgepays Quarterly Data

Book Value per Share CPI Adj_Book
201404 -34.258 100.023 -45.133
201407 -35.806 100.520 -46.940
201410 -38.794 100.176 -51.032
201501 -42.796 98.604 -57.194
201506 -0.122 100.684 -0.160
201509 -0.188 100.392 -0.247
201512 -0.816 99.792 -1.078
201603 -1.112 100.470 -1.458
201606 -0.860 101.688 -1.114
201609 -1.180 101.861 -1.527
201612 -1.508 101.863 -1.951
201703 -0.407 102.862 -0.521
201706 -0.330 103.349 -0.421
201709 -0.351 104.136 -0.444
201712 -0.297 104.011 -0.376
201803 0.420 105.290 0.526
201806 -2.206 106.317 -2.734
201809 -1.995 106.507 -2.468
201812 -0.999 105.998 -1.242
201903 -0.930 107.251 -1.143
201906 -0.830 108.070 -1.012
201909 -0.756 108.329 -0.920
201912 -2.076 108.420 -2.523
202003 -2.972 108.902 -3.596
202006 -2.743 108.767 -3.323
202009 -3.258 109.815 -3.910
202012 -3.468 109.897 -4.158
202103 -2.954 111.754 -3.483
202106 -2.401 114.631 -2.760
202109 -2.730 115.734 -3.108
202112 0.261 117.630 0.292
202203 0.180 121.301 0.196
202206 0.163 125.017 0.172
202209 0.052 125.227 0.055
202212 0.334 125.222 0.351
202303 0.649 127.348 0.672
202306 1.060 128.729 1.085
202309 1.548 129.860 1.571
202312 1.798 129.419 1.831
202403 2.653 131.776 2.653

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.


Surgepays  (STU:9B90) 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.


Surgepays Cyclically Adjusted PB Ratio Related Terms

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Surgepays (STU:9B90) Business Description

Industry
Traded in Other Exchanges
Address
3124 Brother Boulevard, Suite 104, Bartlett, TN, USA, 38133
Surgepays Inc is a fintech company focused on the underbanked community. It provides services to financial technology, telecommunications, and digital media companies. Its operating segment includes Surge Blockchain and Other; Surge Logics; TW and ECS (Electronic Check Services). The Company's blockchain platform utilizes a suite of financial and prepaid products to convert corner stores into tech hubs for underbanked neighbourhoods. The neighbourhood stores are profit partners that provide a multichannel distribution network for SurgePays.

Surgepays (STU:9B90) Headlines

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