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The Descartes Systems Group (TSX:DSG) Cyclically Adjusted PB Ratio : 11.17 (As of Jun. 02, 2025)


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What is The Descartes Systems Group Cyclically Adjusted PB Ratio?

As of today (2025-06-02), The Descartes Systems Group's current share price is C$159.12. The Descartes Systems Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 was C$14.25. The Descartes Systems Group's Cyclically Adjusted PB Ratio for today is 11.17.

The historical rank and industry rank for The Descartes Systems Group's Cyclically Adjusted PB Ratio or its related term are showing as below:

TSX:DSG' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 5.56   Med: 8.6   Max: 12.89
Current: 11.16

During the past years, The Descartes Systems Group's highest Cyclically Adjusted PB Ratio was 12.89. The lowest was 5.56. And the median was 8.60.

TSX:DSG's Cyclically Adjusted PB Ratio is ranked worse than
89.69% of 1436 companies
in the Software industry
Industry Median: 2.705 vs TSX:DSG: 11.16

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.

The Descartes Systems Group's adjusted book value per share data for the three months ended in Jan. 2025 was C$23.280. 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 C$14.25 for the trailing ten years ended in Jan. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


The Descartes Systems Group Cyclically Adjusted PB Ratio Historical Data

The historical data trend for The Descartes Systems Group'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.

The Descartes Systems Group Cyclically Adjusted PB Ratio Chart

The Descartes Systems Group Annual Data
Trend Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.08 10.08 8.90 9.36 11.80

The Descartes Systems Group Quarterly Data
Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
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 9.36 9.73 10.33 10.39 11.80

Competitive Comparison of The Descartes Systems Group's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, The Descartes Systems Group'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.


The Descartes Systems Group's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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The Descartes Systems Group 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.

The Descartes Systems Group's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=159.12/14.25
=11.17

* 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.

The Descartes Systems Group's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2025 is calculated as:

For example, The Descartes Systems Group's adjusted Book Value per Share data for the three months ended in Jan. 2025 was:

Adj_Book=Book Value per Share/CPI of Jan. 2025 (Change)*Current CPI (Jan. 2025)
=23.28/127.4427*127.4427
=23.280

Current CPI (Jan. 2025) = 127.4427.

The Descartes Systems Group Quarterly Data

Book Value per Share CPI Adj_Book
201504 6.518 99.710 8.331
201507 6.828 100.579 8.652
201510 6.987 100.500 8.860
201601 7.540 100.184 9.591
201604 7.125 101.370 8.958
201607 7.222 101.844 9.037
201610 7.370 102.002 9.208
201701 7.481 102.318 9.318
201704 7.751 103.029 9.588
201707 7.628 103.029 9.436
201710 7.906 103.424 9.742
201801 8.075 104.056 9.890
201804 8.449 105.320 10.224
201807 8.811 106.110 10.582
201810 8.843 105.952 10.637
201901 9.231 105.557 11.145
201904 9.511 107.453 11.280
201907 12.406 108.243 14.606
201910 12.676 107.927 14.968
202001 12.780 108.085 15.069
202004 13.645 107.216 16.219
202007 13.676 108.401 16.078
202010 13.624 108.638 15.982
202101 13.721 109.192 16.014
202104 13.943 110.851 16.030
202107 14.256 112.431 16.159
202110 14.562 113.695 16.323
202201 14.889 114.801 16.529
202204 15.111 118.357 16.271
202207 15.843 120.964 16.692
202210 16.917 121.517 17.742
202301 17.397 121.596 18.233
202304 17.945 123.571 18.507
202307 18.223 124.914 18.592
202310 19.125 125.310 19.451
202401 19.509 125.072 19.879
202404 20.282 126.890 20.370
202407 21.045 128.075 20.941
202410 21.812 127.838 21.745
202501 23.280 127.443 23.280

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.


The Descartes Systems Group  (TSX:DSG) 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.


The Descartes Systems Group Cyclically Adjusted PB Ratio Related Terms

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


The Descartes Systems Group Business Description

Traded in Other Exchanges
Address
120 Randall Drive, Waterloo, ON, CAN, N2V 1C6
Descartes Systems Group provides a software solution that allows users in the shipping industry to communicate with one another. Its core product is the Global Logistics Network, which is best understood as transaction-driven. Descartes charges clients to send/receive messages, data, and documents on the GLN. Customers typically contract for a monthly minimum over a multiyear period. The GLN platform allows Descartes to upsell additional software modules as well, typically provided via a software-as-a-service model.
Executives
Andrew Roszko Senior Officer
Edward Ryan Senior Officer
Allan Brett Senior Officer
Edward James Gardner Senior Officer
Robert Parker Senior Officer
William Chad Murphy Senior Officer
John Scott Pagan Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Raimond Diederik Senior Officer
Eric Demirian Director
Kenneth Edward Wood Senior Officer
Christopher Jones Senior Officer
Sandra Lynn Hanington Director
John Joseph Walker Director
Michael Verhoeve Senior Officer

The Descartes Systems Group Headlines