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Enghouse Systems (Enghouse Systems) Cyclically Adjusted Book per Share : $5.84 (As of Jan. 2024)


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What is Enghouse Systems Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Enghouse Systems's adjusted book value per share for the three months ended in Jan. 2024 was $7.502. 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 $5.84 for the trailing ten years ended in Jan. 2024.

During the past 12 months, Enghouse Systems's average Cyclically Adjusted Book Growth Rate was 11.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Enghouse Systems was 14.40% per year. The lowest was 6.10% per year. And the median was 9.25% per year.

As of today (2024-04-27), Enghouse Systems's current stock price is $21.81. Enghouse Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was $5.84. Enghouse Systems's Cyclically Adjusted PB Ratio of today is 3.73.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enghouse Systems was 16.26. The lowest was 3.79. And the median was 8.14.


Enghouse Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enghouse Systems's Cyclically Adjusted Book per Share 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.

Enghouse Systems Cyclically Adjusted Book per Share Chart

Enghouse Systems Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.32 3.83 4.70 4.97 5.41

Enghouse Systems Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Cyclically Adjusted Book per Share 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 5.17 5.27 5.65 5.41 5.84

Competitive Comparison of Enghouse Systems's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Enghouse Systems'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.


Enghouse Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Enghouse Systems Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, Enghouse Systems's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book= Book Value per Share /CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=7.502/125.4675*125.4675
=7.502

Current CPI (Jan. 2024) = 125.4675.

Enghouse Systems Quarterly Data

Book Value per Share CPI Adj_Book
201404 3.521 98.920 4.466
201407 3.612 99.315 4.563
201410 3.550 99.473 4.478
201501 3.437 98.209 4.391
201504 3.302 99.710 4.155
201507 3.420 100.579 4.266
201510 3.501 100.500 4.371
201601 3.414 100.184 4.276
201604 3.591 101.370 4.445
201607 3.600 101.844 4.435
201610 3.766 102.002 4.632
201701 3.806 102.318 4.667
201704 3.979 103.029 4.846
201707 4.143 103.029 5.045
201710 4.502 103.424 5.462
201801 4.640 104.056 5.595
201804 4.749 105.320 5.657
201807 4.736 106.110 5.600
201810 4.933 105.952 5.842
201901 5.033 105.557 5.982
201904 5.200 107.453 6.072
201907 5.302 108.243 6.146
201910 5.569 107.927 6.474
202001 5.837 108.085 6.776
202004 5.844 107.216 6.839
202007 6.450 108.401 7.465
202010 6.784 108.638 7.835
202101 5.996 109.192 6.890
202104 6.069 110.851 6.869
202107 6.297 112.431 7.027
202110 6.577 113.695 7.258
202201 6.725 114.801 7.350
202204 6.713 118.357 7.116
202207 6.483 120.964 6.724
202210 6.719 121.517 6.937
202301 7.051 121.596 7.275
202304 7.218 123.571 7.329
202307 7.259 124.914 7.291
202310 7.329 125.310 7.338
202401 7.502 125.468 7.502

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Enghouse Systems  (OTCPK:EGHSF) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Enghouse Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=21.81/5.84
=3.73

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enghouse Systems was 16.26. The lowest was 3.79. And the median was 8.14.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Enghouse Systems Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Enghouse Systems's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Enghouse Systems (Enghouse Systems) Business Description

Industry
Traded in Other Exchanges
Address
80 Tiverton Court, Suite 800, Markham, ON, CAN, L3R 0G4
Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm's operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. It earns majority of its revenue from Interactive Management Group. The firm has operations in Canada, the United States, the United Kingdom, Europe, excluding Scandinavia, Germany, Asia-Pacific and other.