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Genesis-IT AB (XSAT:GENE) Cyclically Adjusted PB Ratio : 2.26 (As of Jun. 20, 2024)


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What is Genesis-IT AB Cyclically Adjusted PB Ratio?

As of today (2024-06-20), Genesis-IT AB's current share price is kr26.40. Genesis-IT AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 was kr11.69. Genesis-IT AB's Cyclically Adjusted PB Ratio for today is 2.26.

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

XSAT:GENE' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.36   Med: 1.69   Max: 2.38
Current: 2.26

During the past years, Genesis-IT AB's highest Cyclically Adjusted PB Ratio was 2.38. The lowest was 1.36. And the median was 1.69.

XSAT:GENE's Cyclically Adjusted PB Ratio is not ranked
in the Software industry.
Industry Median: 2.5 vs XSAT:GENE: 2.26

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.

Genesis-IT AB's adjusted book value per share data for the three months ended in Jun. 2023 was kr15.316. 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 kr11.69 for the trailing ten years ended in Jun. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Genesis-IT AB Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Genesis-IT AB'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.

Genesis-IT AB Cyclically Adjusted PB Ratio Chart

Genesis-IT AB Annual Data
Trend Aug12 Aug13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 1.96 1.37

Genesis-IT AB Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1.59 1.56 1.37 1.50 1.69

Competitive Comparison of Genesis-IT AB's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Genesis-IT AB'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.


Genesis-IT AB's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Genesis-IT AB's Cyclically Adjusted PB Ratio falls into.



Genesis-IT AB 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.

Genesis-IT AB's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=26.40/11.69
=2.26

* 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.

Genesis-IT AB's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2023 is calculated as:

For example, Genesis-IT AB's adjusted Book Value per Share data for the three months ended in Jun. 2023 was:

Adj_Book=Book Value per Share/CPI of Jun. 2023 (Change)*Current CPI (Jun. 2023)
=15.316/129.4065*129.4065
=15.316

Current CPI (Jun. 2023) = 129.4065.

Genesis-IT AB Quarterly Data

Book Value per Share CPI Adj_Book
201302 1.861 100.014 2.408
201305 2.392 100.381 3.084
201308 2.677 100.158 3.459
201311 3.085 100.273 3.981
201402 3.082 99.794 3.997
201405 3.077 100.225 3.973
201503 0.000 99.950 0.000
201506 0.000 99.995 0.000
201509 0.000 100.228 0.000
201512 4.265 100.276 5.504
201603 4.394 100.751 5.644
201606 4.882 101.019 6.254
201609 5.675 101.138 7.261
201612 6.183 102.022 7.843
201703 4.369 102.022 5.542
201706 9.003 102.752 11.338
201709 9.623 103.279 12.057
201712 9.961 103.793 12.419
201803 10.534 103.962 13.112
201806 10.575 104.875 13.049
201809 11.139 105.679 13.640
201812 11.465 105.912 14.008
201903 11.939 105.886 14.591
201906 11.800 106.742 14.306
201909 12.379 107.214 14.941
201912 12.729 107.766 15.285
202003 13.323 106.563 16.179
202006 13.318 107.498 16.032
202009 13.706 107.635 16.478
202012 13.907 108.296 16.618
202103 14.126 108.360 16.870
202106 13.588 108.928 16.143
202109 13.986 110.338 16.403
202112 14.330 112.486 16.486
202203 14.558 114.825 16.407
202206 14.294 118.384 15.625
202209 14.697 122.296 15.551
202212 14.895 126.365 15.253
202303 15.126 127.042 15.408
202306 15.316 129.407 15.316

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.


Genesis-IT AB  (XSAT:GENE) 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.


Genesis-IT AB Cyclically Adjusted PB Ratio Related Terms

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


Genesis-IT AB (XSAT:GENE) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Norrsagsvaegen 41, Lulea, SWE, 972 54
Genesis-IT AB is an applications services provider. The group operates and develop business systems, cloud services, and security solutions. It sells the Fenix software system, which is used for administrative and accounting purposes.