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PAR Technology (PAR Technology) Cyclically Adjusted PB Ratio : 5.30 (As of May. 16, 2024)


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What is PAR Technology Cyclically Adjusted PB Ratio?

As of today (2024-05-16), PAR Technology's current share price is $45.00. PAR Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.49. PAR Technology's Cyclically Adjusted PB Ratio for today is 5.30.

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

PAR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.64   Med: 3.48   Max: 18.02
Current: 5.23

During the past years, PAR Technology's highest Cyclically Adjusted PB Ratio was 18.02. The lowest was 0.64. And the median was 3.48.

PAR's Cyclically Adjusted PB Ratio is ranked worse than
74.85% of 1336 companies
in the Software industry
Industry Median: 2.615 vs PAR: 5.23

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.

PAR Technology's adjusted book value per share data for the three months ended in Mar. 2024 was $15.494. 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 $8.49 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PAR Technology Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PAR Technology'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.

PAR Technology Cyclically Adjusted PB Ratio Chart

PAR Technology 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 6.24 13.02 8.58 3.54 5.28

PAR Technology Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 4.42 4.16 4.74 5.28 5.34

Competitive Comparison of PAR Technology's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, PAR Technology'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.


PAR Technology's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



PAR Technology 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.

PAR Technology's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=45.00/8.49
=5.30

* 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.

PAR Technology's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 is calculated as:

For example, PAR Technology's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book=Book Value per Share/CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=15.494/131.7762*131.7762
=15.494

Current CPI (Mar. 2024) = 131.7762.

PAR Technology Quarterly Data

Book Value per Share CPI Adj_Book
201406 4.606 100.560 6.036
201409 4.655 100.428 6.108
201412 4.466 99.070 5.940
201503 4.443 99.621 5.877
201506 4.450 100.684 5.824
201509 4.319 100.392 5.669
201512 4.350 99.792 5.744
201603 4.361 100.470 5.720
201606 4.326 101.688 5.606
201609 4.359 101.861 5.639
201612 4.412 101.863 5.708
201703 4.514 102.862 5.783
201706 4.660 103.349 5.942
201709 4.584 104.136 5.801
201712 4.320 104.011 5.473
201803 4.360 105.290 5.457
201806 4.246 106.317 5.263
201809 3.220 106.507 3.984
201812 2.841 105.998 3.532
201903 2.676 107.251 3.288
201906 3.423 108.070 4.174
201909 3.093 108.329 3.762
201912 4.381 108.420 5.325
202003 4.182 108.902 5.060
202006 3.760 108.767 4.555
202009 3.656 109.815 4.387
202012 8.596 109.897 10.307
202103 8.098 111.754 9.549
202106 16.889 114.631 19.415
202109 19.537 115.734 22.245
202112 18.732 117.630 20.985
202203 15.210 121.301 16.523
202206 14.598 125.017 15.387
202209 14.041 125.227 14.775
202212 13.734 125.222 14.453
202303 13.132 127.348 13.589
202306 12.470 128.729 12.765
202309 12.091 129.860 12.269
202312 11.882 129.419 12.098
202403 15.494 131.776 15.494

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.


PAR Technology  (NYSE:PAR) 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.


PAR Technology Cyclically Adjusted PB Ratio Related Terms

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


PAR Technology (PAR Technology) Business Description

Industry
Traded in Other Exchanges
Address
PAR Technology Park, 8383 Seneca Turnpike, New Hartford, NY, USA, 13413-4991
PAR Technology Corp together with its subsidiaries provides management technology solutions including software, hardware, and related services, integral to the point-of-sale infrastructure and task management, information gathering, assimilation and communication services. It has two segments. Restaurant/ Retail segment provides point-of-sale and management technology solutions such as hardware, software and integrated technical solutions to the restaurant and retail industries. Government segment provides intelligence, surveillance, and reconnaissance solutions and mission systems support. The company derives the majority of its revenues from the Restaurant/ Retail segment.
Executives
Douglas Gregory Rauch director 54 WILDE ROAD, WABAN MA 02468
Michael Anthony Steenberge officer: Chief Accounting Officer PAR TECHNOLOGY CORPORATION, 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Cathy A King officer: VP, GEN COUNSEL & CORP SEC 5424 LAKE HOUSE ROAD, BRANTINGHAM NY 13312
Michael David Nelson officer: President of Subsidiary 747 GRAND WOOD CT., SPRINGBORO OH 45066
Raju Malhotra officer: CHF PRODUCT & TECH OFFICER 745 BROMFIELD RD, HILLSBOROUGH CA 94010
Narinder Singh director 4096 PIEDMONT AVENUE, #231, OAKLAND CA 94618
Keith Pascal director 1520 FOREST AVE., HIGHLAND PARK IL 60035
Sammon John W Jr director 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Bryan A Menar officer: VP & Chief Financial Officer 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Matthew R Cicchinelli officer: President, PGSC & RRC 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Donald H Foley director, officer: President & CEO 8383 SENECA TURNPIKE, NEW HARTFORD NY 13413
Adam D Wyden 10 percent owner 1133 BROADWAY, SUITE 719, NEW YORK NY 10010
Adw Capital Management, Llc 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
Adw Capital Partners, L.p. 10 percent owner 6431 ALLISON ROAD, MIAMI BEACH FL 33141
James C Stoffel director 101 KNOLLWOOD DRIVE, ROCHESTER NY 14618

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