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B-Soft Co (SZSE:300451) Cyclically Adjusted PB Ratio : 2.06 (As of May. 28, 2024)


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What is B-Soft Co Cyclically Adjusted PB Ratio?

As of today (2024-05-28), B-Soft Co's current share price is ¥3.94. B-Soft Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ¥1.91. B-Soft Co's Cyclically Adjusted PB Ratio for today is 2.06.

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

SZSE:300451' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.97   Med: 3.87   Max: 6.96
Current: 2.12

During the past years, B-Soft Co's highest Cyclically Adjusted PB Ratio was 6.96. The lowest was 1.97. And the median was 3.87.

SZSE:300451's Cyclically Adjusted PB Ratio is ranked worse than
53.31% of 317 companies
in the Healthcare Providers & Services industry
Industry Median: 1.97 vs SZSE:300451: 2.12

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.

B-Soft Co's adjusted book value per share data for the three months ended in Mar. 2024 was ¥2.986. 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 ¥1.91 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


B-Soft Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for B-Soft 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.

B-Soft Co Cyclically Adjusted PB Ratio Chart

B-Soft 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 - - - - 3.50

B-Soft 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 6.60 4.85 3.72 3.50 2.38

Competitive Comparison of B-Soft Co's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, B-Soft 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.


B-Soft Co's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, B-Soft Co's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where B-Soft Co's Cyclically Adjusted PB Ratio falls into.



B-Soft 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.

B-Soft Co's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.94/1.91
=2.06

* 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.

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

For example, B-Soft 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)
=2.986/115.2271*115.2271
=2.986

Current CPI (Mar. 2024) = 115.2271.

B-Soft Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 98.200 0.000
201409 0.000 98.900 0.000
201412 0.384 99.000 0.447
201503 0.290 99.900 0.334
201506 0.463 99.500 0.536
201509 0.459 100.500 0.526
201512 0.487 100.600 0.558
201603 0.497 102.200 0.560
201606 0.494 101.400 0.561
201609 0.522 102.400 0.587
201612 0.587 102.600 0.659
201703 1.400 103.200 1.563
201706 1.315 103.100 1.470
201709 1.344 104.100 1.488
201712 1.434 104.500 1.581
201803 1.501 105.300 1.643
201806 1.508 104.900 1.656
201809 1.545 106.600 1.670
201812 1.631 106.500 1.765
201903 1.680 107.700 1.797
201906 1.711 107.700 1.831
201909 1.755 109.800 1.842
201912 1.723 111.200 1.785
202003 1.824 112.300 1.872
202006 1.830 110.400 1.910
202009 2.592 111.700 2.674
202012 2.670 111.500 2.759
202103 2.730 112.662 2.792
202106 2.743 111.769 2.828
202109 2.807 112.215 2.882
202112 2.943 113.108 2.998
202203 3.004 114.335 3.027
202206 2.985 114.558 3.002
202209 3.032 115.339 3.029
202212 2.965 115.116 2.968
202303 2.981 115.116 2.984
202306 2.991 114.558 3.008
202309 3.025 115.339 3.022
202312 2.973 114.781 2.985
202403 2.986 115.227 2.986

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.


B-Soft Co  (SZSE:300451) 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.


B-Soft Co Cyclically Adjusted PB Ratio Related Terms

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


B-Soft Co (SZSE:300451) Business Description

Traded in Other Exchanges
N/A
Address
No. 92, Yueda Lane, Changhe Street, 5th Floor, Entrepreneurship Building, Binjiang District, Zhejiang, Hangzhou, CHN, 310012
B-Soft Co Ltd is engaged in providing software and information technology services for the healthcare industry.
Executives
Zhang Lv Zheng Directors, executives
Ge Hang Director
Xu Sheng Securities Affairs Representative
Li Jun Supervisors
Fang Bao Lin Executives
Yu Yan Ping Executives
Zhang Song Executives
Sun Lie Feng Executives
Hu Yan Secretary, Director
Zhao Jian Xin Executives

B-Soft Co (SZSE:300451) Headlines

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