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Digiwin Software Co (SZSE:300378) Cyclically Adjusted PB Ratio : 2.79 (As of Jun. 24, 2024)


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What is Digiwin Software Co Cyclically Adjusted PB Ratio?

As of today (2024-06-24), Digiwin Software Co's current share price is ¥15.79. Digiwin Software Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥5.66. Digiwin Software Co's Cyclically Adjusted PB Ratio for today is 2.79.

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

SZSE:300378' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.71   Med: 3.6   Max: 6.44
Current: 2.95

During the past years, Digiwin Software Co's highest Cyclically Adjusted PB Ratio was 6.44. The lowest was 2.71. And the median was 3.60.

SZSE:300378's Cyclically Adjusted PB Ratio is ranked worse than
54.11% of 1425 companies
in the Software industry
Industry Median: 2.57 vs SZSE:300378: 2.95

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.

Digiwin Software Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥7.581. 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 ¥5.66 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Digiwin Software Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Digiwin Software 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.

Digiwin Software Co Cyclically Adjusted PB Ratio Chart

Digiwin Software 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 - - 4.93 2.91 3.82

Digiwin Software Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.29 6.37 4.50 3.82 3.24

Competitive Comparison of Digiwin Software Co's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Digiwin Software 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.


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

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

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



Digiwin Software 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.

Digiwin Software Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.79/5.66
=2.79

* 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.

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

For example, Digiwin Software Co'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)
=7.581/115.2271*115.2271
=7.581

Current CPI (Mar. 2024) = 115.2271.

Digiwin Software Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.372 98.200 5.130
201409 4.353 98.900 5.072
201412 4.394 99.000 5.114
201503 4.331 99.900 4.995
201506 4.393 99.500 5.087
201509 4.399 100.500 5.044
201512 4.322 100.600 4.950
201603 4.293 102.200 4.840
201606 4.360 101.400 4.955
201609 4.395 102.400 4.946
201612 4.434 102.600 4.980
201703 4.406 103.200 4.919
201706 4.547 103.100 5.082
201709 4.539 104.100 5.024
201712 4.616 104.500 5.090
201803 4.665 105.300 5.105
201806 4.698 104.900 5.161
201809 4.807 106.600 5.196
201812 4.989 106.500 5.398
201903 4.944 107.700 5.290
201906 4.942 107.700 5.287
201909 5.066 109.800 5.316
201912 5.316 111.200 5.509
202003 5.074 112.300 5.206
202006 5.191 110.400 5.418
202009 5.509 111.700 5.683
202012 5.712 111.500 5.903
202103 5.685 112.662 5.814
202106 5.832 111.769 6.012
202109 6.045 112.215 6.207
202112 6.259 113.108 6.376
202203 6.214 114.335 6.263
202206 6.274 114.558 6.311
202209 6.370 115.339 6.364
202212 6.901 115.116 6.908
202303 6.879 115.116 6.886
202306 7.206 114.558 7.248
202309 7.209 115.339 7.202
202312 7.676 114.781 7.706
202403 7.581 115.227 7.581

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.


Digiwin Software Co  (SZSE:300378) 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.


Digiwin Software Co Cyclically Adjusted PB Ratio Related Terms

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


Digiwin Software Co (SZSE:300378) Business Description

Traded in Other Exchanges
N/A
Address
No. 7, Lane 1377, Jiangchang Road, 20th Floor, Jing'an District, Shanghai, CHN, 200072
Digiwin Software Co Ltd is a China based software solution provider. It offers complete ERP/ERPII solutions for the enterprises. The company offered T-series products are for large size companies; E-series products are for medium size companies; C-series products are for small companies; and A-series cloud services are for small to micro businesses.
Executives
Ye Zi Zhen Directors, executives
Sun Ai Bin Director
Ma Xiao Lin Securities Affairs Representative
Chen Yi Zhong Supervisors

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