/term/cyclically-adjusted-pb-ratio/TSCC TSCC (Technology Solutions Co) Cyclically Adjusted PB Ratio
GURUFOCUS.COM » STOCK LIST » Technology » Software » Technology Solutions Co (OTCPK:TSCC) » Definitions » Cyclically Adjusted PB Ratio

Technology Solutions Co (Technology Solutions Co) Cyclically Adjusted PB Ratio : (As of Jun. 20, 2024)


View and export this data going back to 1991. Start your Free Trial

What is Technology Solutions Co Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Technology Solutions Co Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Technology Solutions 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.

Technology Solutions Co Cyclically Adjusted PB Ratio Chart

Technology Solutions Co Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Technology Solutions Co Quarterly Data
Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08
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 - - - - -

Competitive Comparison of Technology Solutions Co's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Technology Solutions 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.


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

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

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



Technology Solutions 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.

Technology Solutions Co's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2008 is calculated as:

For example, Technology Solutions Co's adjusted Book Value per Share data for the three months ended in Dec. 2008 was:

Adj_Book=Book Value per Share/CPI of Dec. 2008 (Change)*Current CPI (Dec. 2008)
=3.641/88.6974*88.6974
=3.641

Current CPI (Dec. 2008) = 88.6974.

Technology Solutions Co Quarterly Data

Book Value per Share CPI Adj_Book
199903 78.683 69.615 100.251
199906 77.679 70.122 98.257
199909 82.313 70.839 103.064
199912 79.040 71.008 98.731
200003 39.954 72.231 49.062
200006 40.449 72.737 49.324
200009 40.043 73.286 48.464
200012 39.096 73.413 47.236
200103 39.795 74.341 47.480
200106 34.711 75.100 40.996
200109 35.064 75.227 41.343
200112 35.061 74.552 41.714
200203 35.306 75.438 41.512
200206 36.067 75.902 42.147
200209 35.990 76.366 41.802
200212 36.174 76.324 42.039
200303 36.236 77.716 41.356
200306 24.028 77.505 27.498
200309 23.003 78.138 26.112
200312 21.864 77.758 24.940
200403 21.253 79.066 23.842
200406 19.973 80.037 22.134
200409 18.697 80.121 20.698
200412 20.453 80.290 22.595
200503 16.122 81.555 17.534
200506 14.973 82.062 16.184
200509 14.510 83.876 15.344
200512 10.469 83.032 11.183
200603 10.288 84.298 10.825
200606 10.020 85.606 10.382
200609 9.191 85.606 9.523
200612 7.211 85.142 7.512
200703 5.942 86.640 6.083
200706 4.960 87.906 5.005
200709 4.080 87.964 4.114
200712 3.997 88.616 4.001
200803 3.950 90.090 3.889
200806 4.478 92.320 4.302
200809 4.093 92.307 3.933
200812 3.641 88.697 3.641

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.


Technology Solutions Co  (OTCPK:TSCC) 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.


Technology Solutions Co Cyclically Adjusted PB Ratio Related Terms

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


Technology Solutions Co (Technology Solutions Co) Business Description

Traded in Other Exchanges
N/A
Address
55 East Monroe street, Suite 2600, Chicago, IL, USA, 60603
Website
Technology Solutions Co provides business-consulting services across a broad range of industries and areas of expertise. The company provides business strategy and assessment services.
Executives
Miller Lloyd I Iii 10 percent owner
Gerald Luterman director 70 VALLEY STREAM PARKWAY, MALVERN PA 19355
John R Purcell director 14155 US HIGHWAY #310, JUNO BEACH FL 33408-1431
Stephen B Oresman director 49 SUNSWYCK ROAD, DARIEN CT 06820
William H Waltrip director, officer: Former Chairman 901 GATEWAY BLVD, SOUTH SAN FRANCISCO CA 94080

Technology Solutions Co (Technology Solutions Co) Headlines

No Headlines