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Posera (TSX:PAY) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Posera Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Posera Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Posera'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.

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Posera Cyclically Adjusted PB Ratio Chart

Posera Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Cyclically Adjusted PB Ratio
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Posera Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19
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Competitive Comparison of Posera's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Posera'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.


Posera's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Posera 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.

Posera's Cyclically Adjusted Book per Share for the quarter that ended in Sep. 2019 is calculated as:

For example, Posera's adjusted Book Value per Share data for the three months ended in Sep. 2019 was:

Adj_Book=Book Value per Share/CPI of Sep. 2019 (Change)*Current CPI (Sep. 2019)
=0.082/107.6113*107.6113
=0.082

Current CPI (Sep. 2019) = 107.6113.

Posera Quarterly Data

Book Value per Share CPI Adj_Book
200912 0.227 90.703 0.269
201003 0.217 91.335 0.256
201006 0.396 91.809 0.464
201009 0.272 92.362 0.317
201012 0.262 92.836 0.304
201103 0.258 94.338 0.294
201106 0.256 94.654 0.291
201109 0.255 95.286 0.288
201112 0.292 94.970 0.331
201203 0.276 96.155 0.309
201206 0.269 96.076 0.301
201209 0.256 96.392 0.286
201212 0.196 95.760 0.220
201303 0.184 97.103 0.204
201306 0.176 97.182 0.195
201309 0.169 97.419 0.187
201312 0.191 96.945 0.212
201403 0.185 98.604 0.202
201406 0.179 99.473 0.194
201409 0.179 99.394 0.194
201412 0.170 98.367 0.186
201503 0.157 99.789 0.169
201506 0.162 100.500 0.173
201509 0.155 100.421 0.166
201512 0.117 99.947 0.126
201603 0.093 101.054 0.099
201606 0.110 102.002 0.116
201609 0.099 101.765 0.105
201612 0.070 101.449 0.074
201703 0.061 102.634 0.064
201706 0.052 103.029 0.054
201709 0.148 103.345 0.154
201712 0.141 103.345 0.147
201803 0.135 105.004 0.138
201806 0.128 105.557 0.130
201809 0.120 105.636 0.122
201812 0.112 105.399 0.114
201903 0.104 106.979 0.105
201906 0.096 107.690 0.096
201909 0.082 107.611 0.082

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.


Posera  (TSX:PAY) 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.


Posera Cyclically Adjusted PB Ratio Related Terms

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Posera (TSX:PAY) Business Description

Industry
Traded in Other Exchanges
N/A
Address
341 Talbot Street, London, ON, CAN, N6A 2R5
Posera Ltd is a Canada-based company, which is engaged in the business of managing merchant transactions with consumers and facilitating payments. The company develops and deploys touch screen point-of-sale (POS) system software and associated enterprise management tools and provides system hardware integration services, merchant staff training, system installation services and post-sale software and hardware support services. It derives most of its revenues from North America.