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Totvs (TTVSY) Cyclically Adjusted PB Ratio : 7.05 (As of May. 30, 2025)


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What is Totvs Cyclically Adjusted PB Ratio?

As of today (2025-05-30), Totvs's current share price is $15.01. Totvs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 was $2.13. Totvs's Cyclically Adjusted PB Ratio for today is 7.05.

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

TTVSY' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.19   Med: 6.23   Max: 11.48
Current: 7.18

During the past years, Totvs's highest Cyclically Adjusted PB Ratio was 11.48. The lowest was 3.19. And the median was 6.23.

TTVSY's Cyclically Adjusted PB Ratio is ranked worse than
80.77% of 1425 companies
in the Software industry
Industry Median: 2.71 vs TTVSY: 7.18

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.

Totvs's adjusted book value per share data for the three months ended in Mar. 2025 was $2.845. 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 $2.13 for the trailing ten years ended in Mar. 2025.

Shiller PE for Stocks: The True Measure of Stock Valuation


Totvs Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Totvs'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.

Totvs Cyclically Adjusted PB Ratio Chart

Totvs Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.00 7.43 6.26 6.71 4.70

Totvs Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 5.46 5.68 5.19 4.70 5.64

Competitive Comparison of Totvs's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Totvs'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.


Totvs's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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


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Totvs 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.

Totvs's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=15.01/2.13
=7.05

* 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.

Totvs's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2025 is calculated as:

For example, Totvs's adjusted Book Value per Share data for the three months ended in Mar. 2025 was:

Adj_Book=Book Value per Share/CPI of Mar. 2025 (Change)*Current CPI (Mar. 2025)
=2.845/168.1016*168.1016
=2.845

Current CPI (Mar. 2025) = 168.1016.

Totvs Quarterly Data

Book Value per Share CPI Adj_Book
201506 1.551 100.006 2.607
201509 1.259 101.392 2.087
201512 1.295 104.247 2.088
201603 1.399 106.979 2.198
201606 1.463 108.851 2.259
201609 1.537 109.986 2.349
201612 1.480 110.802 2.245
201703 1.623 111.869 2.439
201706 1.576 112.115 2.363
201709 1.641 112.777 2.446
201712 1.555 114.068 2.292
201803 1.591 114.868 2.328
201806 1.424 117.038 2.045
201809 1.314 117.881 1.874
201812 1.346 118.340 1.912
201903 1.380 120.124 1.931
201906 2.176 120.977 3.024
201909 2.088 121.292 2.894
201912 2.105 123.436 2.867
202003 1.808 124.092 2.449
202006 1.705 123.557 2.320
202009 1.670 125.095 2.244
202012 1.779 129.012 2.318
202103 1.685 131.660 2.151
202106 1.900 133.871 2.386
202109 2.609 137.913 3.180
202112 2.462 141.992 2.915
202203 2.847 146.537 3.266
202206 0.000 149.784 0.000
202209 2.797 147.800 3.181
202212 2.712 150.207 3.035
202303 2.748 153.352 3.012
202306 3.000 154.519 3.264
202309 3.161 155.464 3.418
202312 3.191 157.148 3.413
202403 3.199 159.372 3.374
202406 2.926 161.052 3.054
202409 2.926 162.342 3.030
202412 2.619 164.740 2.672
202503 2.845 168.102 2.845

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.


Totvs  (OTCPK:TTVSY) 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.


Totvs Cyclically Adjusted PB Ratio Related Terms

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


Totvs Business Description

Industry
Traded in Other Exchanges
Address
Avenida Braz Leme, Sao Paulo, SP, BRA, 1000
Totvs SA is a provider of information technology solutions to small and medium enterprises in the education, government, healthcare, and retail end markets. Its primary product offerings are enterprise resource planning applications with modules for management, finance, operations, human resources, and client services. The company's segment includes Management; Business Performance and Techfin. It generates maximum revenue from the Management segment.

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