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CANCOM SE (WBO:COK) Cyclically Adjusted PB Ratio : 2.03 (As of Apr. 30, 2024)


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What is CANCOM SE Cyclically Adjusted PB Ratio?

As of today (2024-04-30), CANCOM SE's current share price is €29.46. CANCOM SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €14.50. CANCOM SE's Cyclically Adjusted PB Ratio for today is 2.03.

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

WBO:COK' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 5.84   Max: 9.81
Current: 2.03

During the past years, CANCOM SE's highest Cyclically Adjusted PB Ratio was 9.81. The lowest was 1.64. And the median was 5.84.

WBO:COK's Cyclically Adjusted PB Ratio is ranked better than
58.12% of 1299 companies
in the Software industry
Industry Median: 2.56 vs WBO:COK: 2.03

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.

CANCOM SE's adjusted book value per share data for the three months ended in Dec. 2023 was €20.046. 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 €14.50 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


CANCOM SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CANCOM SE'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.

CANCOM SE Cyclically Adjusted PB Ratio Chart

CANCOM SE 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 7.69 5.60 5.87 2.18 2.05

CANCOM SE Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 2.18 2.38 2.02 1.78 2.05

Competitive Comparison of CANCOM SE's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, CANCOM SE'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.


CANCOM SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



CANCOM SE 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.

CANCOM SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=29.46/14.5
=2.03

* 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.

CANCOM SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, CANCOM SE's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=20.046/123.6675*123.6675
=20.046

Current CPI (Dec. 2023) = 123.6675.

CANCOM SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 5.879 99.543 7.304
201406 5.790 99.543 7.193
201409 6.215 99.823 7.700
201412 6.236 99.543 7.747
201503 6.358 99.717 7.885
201506 6.162 100.417 7.589
201509 6.286 100.417 7.741
201512 6.677 99.717 8.281
201603 8.251 100.017 10.202
201606 8.232 100.717 10.108
201609 8.309 101.017 10.172
201612 8.649 101.217 10.567
201703 8.870 101.417 10.816
201706 8.867 102.117 10.738
201709 9.757 102.717 11.747
201712 10.287 102.617 12.397
201803 10.578 102.917 12.711
201806 10.329 104.017 12.280
201809 10.645 104.718 12.571
201812 11.004 104.217 13.058
201903 11.382 104.217 13.506
201906 11.570 105.718 13.534
201909 11.653 106.018 13.593
201912 14.977 105.818 17.503
202003 15.096 105.718 17.659
202006 15.210 106.618 17.642
202009 15.373 105.818 17.966
202012 15.936 105.518 18.677
202103 16.355 107.518 18.812
202106 16.670 108.486 19.003
202109 22.043 109.435 24.910
202112 21.109 110.384 23.649
202203 19.394 113.968 21.045
202206 20.357 115.760 21.747
202209 19.528 118.818 20.325
202212 19.635 119.345 20.346
202303 19.913 122.402 20.119
202306 19.746 123.140 19.831
202309 19.149 124.195 19.068
202312 20.046 123.668 20.046

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.


CANCOM SE  (WBO:COK) 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.


CANCOM SE Cyclically Adjusted PB Ratio Related Terms

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


CANCOM SE (WBO:COK) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CANCOM SE (WBO:COK) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
Address
Erika-Mann-Strasse 69, Munich, BY, DEU, D-80636
CANCOM SE is a provider of IT infrastructure and IT services in Germany and Austria. Business operations of the company are carried out through Germany, Austria, Switzerland, and the U.S.A. The company offers IT architecture, systems integration and managed services. The company managed its businesses in two segments: Cloud Solutions and IT Solutions of which the IT Solutions segment contributes a majority of total revenue. Cloud Solutions segment comprises the cloud and shared managed services business, including project related cloud hardware, software, and services business. IT Solutions offers comprehensive support for IT infrastructure and applications.

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