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SURG (Surgepays) Cyclically Adjusted PB Ratio : (As of Apr. 26, 2025)


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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 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
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Surgepays Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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Competitive Comparison of Surgepays's Cyclically Adjusted PB Ratio

For the Telecom Services 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 Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services 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.


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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 Dec. 2024 is calculated as:

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

Adj_Book=Book Value per Share/CPI of Dec. 2024 (Change)*Current CPI (Dec. 2024)
=0.763/133.1571*133.1571
=0.763

Current CPI (Dec. 2024) = 133.1571.

Surgepays Quarterly Data

Book Value per Share CPI Adj_Book
201501 -49.053 98.604 -66.243
201506 -0.137 100.684 -0.181
201509 -0.211 100.392 -0.280
201512 -0.889 99.792 -1.186
201603 -1.238 100.470 -1.641
201606 -0.966 101.688 -1.265
201609 -1.325 101.861 -1.732
201612 -1.591 101.863 -2.080
201703 -0.435 102.862 -0.563
201706 -0.370 103.349 -0.477
201709 -0.419 104.136 -0.536
201712 -0.351 104.011 -0.449
201803 0.518 105.290 0.655
201806 -2.577 106.317 -3.228
201809 -2.328 106.507 -2.911
201812 -1.137 105.998 -1.428
201903 -1.052 107.251 -1.306
201906 -0.938 108.070 -1.156
201909 -0.833 108.329 -1.024
201912 -2.306 108.420 -2.832
202003 -3.285 108.902 -4.017
202006 -3.090 108.767 -3.783
202009 -3.837 109.815 -4.653
202012 -4.218 109.897 -5.111
202103 -3.518 111.754 -4.192
202106 -2.893 114.631 -3.361
202109 -3.212 115.734 -3.696
202112 0.294 117.630 0.333
202203 0.198 121.301 0.217
202206 0.172 125.017 0.183
202209 0.051 125.227 0.054
202212 0.354 125.222 0.376
202303 0.695 127.348 0.727
202306 1.148 128.729 1.187
202309 1.652 129.860 1.694
202312 1.961 129.419 2.018
202403 2.884 131.776 2.914
202406 2.375 132.554 2.386
202409 1.687 133.029 1.689
202412 0.763 133.157 0.763

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  (NAS:SURG) 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

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


Surgepays Business Description

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 Mobile Virtual Network Operators that provide mobile broadband (internet connectivity), voice and SMS text messaging to both subsidized and direct retail prepaid customers through SurgePhone Wireless, LLC and Torch Wireless, LLC; Comprehensive Platform Services provide financial technology and a wireless top-up platform to independently owned convenience stores throughout the country; and Others. It generates the majority of its revenue from the Mobile Virtual Network Operators segment.
Executives
Kevin Brian Cox director, 10 percent owner, officer: CHIEF EXECUTIVE OFFICER 3124 BROTHER BLVD, STE. 104, BARTLETT W6 38133
Anthony Geogre Evers officer: Chief Financial Officer 701 ASHTON LANE, SOUTH ELGIN IL 60177
Laurie Weisberg director C/O JERRICK MEDIA HOLDINGS, INC., 2050 CENTER AVENUE, SUITE 640, FORT LEE NJ 07024
Richard Earl Schurfeld director 1600 MADISON AVENUE, 4TH FLOOR, TOLEDO OH 43604
John Mott officer: CHIEF TECHNOLOGY OFFICER 890 W, HILLWOOD DM, NASHVILLE TN 37205
David Allen May director 12131 BROOKS RIVER DR, ARLINGTON TN 38002
Nuzzo Anthony P. Jr director, officer: President and COO 3124 BROTHER BLVD, STE 104, BARTLETT TN 38133
David N Keys director 3770 HOWARD HUGHES PARKWAY, STE 300, LAS VEGAS NV 89109
David C Ansani director 1375 VALLEY RD, BANNOCKBURN L3 60015
Campbell Ted Dudley Ii director PO BOX 1358, SPRING BRANCH TX 78070
Clinton W Coldren director, 10 percent owner, officer: PRESIDENT, CEO & CFO 1535 SONIAT ST.,, NEW ORLEANS LA 70115
Alan G Massara director 339 NORWOOD AVENUE, AVON BY THE SEA NJ 07717
Ross E Silvey director, officer: CEO and President 7633 EAST 63RD PLACE, #220, TULSA OK 74133
Vladimir Fedyunin director, 10 percent owner, officer: President, CEO and CFO PO BOX 158, LIONS BAY A1 VON 2E0