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SS&C Technologies Holdings (SS&C Technologies Holdings) Cyclically Adjusted Book per Share : $19.62 (As of Dec. 2023)


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What is SS&C Technologies Holdings 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.

SS&C Technologies Holdings's adjusted book value per share for the three months ended in Dec. 2023 was $25.708. 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 $19.62 for the trailing ten years ended in Dec. 2023.

During the past 12 months, SS&C Technologies Holdings's average Cyclically Adjusted Book Growth Rate was 12.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.00% 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 SS&C Technologies Holdings was 17.00% per year. The lowest was 13.50% per year. And the median was 16.10% per year.

As of today (2024-04-27), SS&C Technologies Holdings's current stock price is $61.24. SS&C Technologies Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $19.62. SS&C Technologies Holdings's Cyclically Adjusted PB Ratio of today is 3.12.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SS&C Technologies Holdings was 6.74. The lowest was 2.53. And the median was 4.95.


SS&C Technologies Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for SS&C Technologies Holdings'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.

SS&C Technologies Holdings Cyclically Adjusted Book per Share Chart

SS&C Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.91 12.48 14.96 17.46 19.62

SS&C Technologies Holdings Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 17.46 18.15 18.75 19.29 19.62

Competitive Comparison of SS&C Technologies Holdings's Cyclically Adjusted Book per Share

For the Software - Application subindustry, SS&C Technologies Holdings'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.


SS&C Technologies Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SS&C Technologies Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SS&C Technologies Holdings's Cyclically Adjusted PB Ratio falls into.



SS&C Technologies Holdings 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, SS&C Technologies Holdings'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)
=25.708/129.4194*129.4194
=25.708

Current CPI (Dec. 2023) = 129.4194.

SS&C Technologies Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 7.588 99.695 9.850
201406 7.872 100.560 10.131
201409 7.938 100.428 10.230
201412 7.998 99.070 10.448
201503 7.922 99.621 10.292
201506 10.949 100.684 14.074
201509 10.683 100.392 13.772
201512 10.691 99.792 13.865
201603 10.795 100.470 13.905
201606 10.807 101.688 13.754
201609 10.973 101.861 13.942
201612 11.124 101.863 14.133
201703 11.419 102.862 14.367
201706 11.780 103.349 14.752
201709 12.183 104.136 15.141
201712 13.007 104.011 16.184
201803 13.551 105.290 16.657
201806 17.545 106.317 21.358
201809 17.567 106.507 21.346
201812 18.262 105.998 22.297
201903 18.724 107.251 22.594
201906 19.099 108.070 22.872
201909 19.061 108.329 22.772
201912 20.095 108.420 23.987
202003 19.866 108.902 23.609
202006 20.620 108.767 24.535
202009 21.037 109.815 24.793
202012 22.191 109.897 26.133
202103 22.425 111.754 25.970
202106 22.820 114.631 25.764
202109 23.044 115.734 25.769
202112 24.084 117.630 26.498
202203 24.237 121.301 25.859
202206 23.747 125.017 24.583
202209 22.735 125.227 23.496
202212 24.080 125.222 24.887
202303 24.424 127.348 24.821
202306 24.921 128.729 25.055
202309 24.824 129.860 24.740
202312 25.708 129.419 25.708

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


SS&C Technologies Holdings  (NAS:SSNC) 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.

SS&C Technologies Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=61.24/19.62
=3.12

* 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 SS&C Technologies Holdings was 6.74. The lowest was 2.53. And the median was 4.95.


Be Aware

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


SS&C Technologies Holdings Cyclically Adjusted Book per Share Related Terms

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


SS&C Technologies Holdings (SS&C Technologies Holdings) Business Description

Industry
Traded in Other Exchanges
Address
80 Lamberton Road, Windsor, CT, USA, 06095
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.
Executives
Normand A Boulanger director, officer: President and COO SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Rahul Kanwar officer: Senior Vice President 80 LAMBERTON ROAD, WINDSOR CT 06095
Brian N Schell officer: EVP & CFO 433 WEST VAN BUREN STREET, CHICAGO IL 60607
Patrick J Pedonti officer: SVP and CFO SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095
Jonathan E Michael director C/O RLI CORP, 9025 N. LINDBERGH DR., PEORIA IL 61615
William C Stone director, 10 percent owner, officer: Chairman of the Board & CEO
Jason Douglas White officer: SVP & General Counsel 588 THE PARKWAY, MAMARONECK NY 10543
Joseph J. Frank officer: Chief Legal Officer and GC C/O SS&C TECHNOLOGIES HOLDINGS, INC., 4 TIMES SQUARE, NEW YORK NY 10036
Michael E Daniels director TYCO, 9 ROSZEL ROAD, PRINCETON NJ 08540
Smita Conjeevaram director 70 HERETOLD ROAD, BRONXVILLE NY 17708
Michael Jay Zamkow director 27 KENSINGTON SQUARE, LONDON X0 06095
Paul Gerard Igoe officer: Sr. VP & General Counsel LYDALL, INC., ONE COLONIAL ROAD, MANCHESTER CT 06042
William A Etherington director CANADIAN IMPERIAL BANK OF COMMERCE, 199 BAY STREET - SUITE 4460, TORONTO A6 M5L 1A2
Tc Group Iv, L.p. 10 percent owner 1001 PENNSYLVANIA AVENUE, N.W., SUITE 200 SOUTH, WASHINGTON DC 20004
Whitman Stephen V R officer: SVP and General Counsel SS&C TECHNOLOGIES, 80 LAMBERTON RD, WINDSOR CT 06095