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Alphinat (TSXV:NPA.H) Cyclically Adjusted PB Ratio : (As of Apr. 29, 2024)


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What is Alphinat Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Alphinat Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Alphinat'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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Alphinat Cyclically Adjusted PB Ratio Chart

Alphinat Annual Data
Trend Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22
Cyclically Adjusted PB Ratio
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Alphinat Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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Competitive Comparison of Alphinat's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Alphinat'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.


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

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

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



Alphinat 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.

Alphinat's Cyclically Adjusted Book per Share for the quarter that ended in May. 2023 is calculated as:

For example, Alphinat's adjusted Book Value per Share data for the three months ended in May. 2023 was:

Adj_Book=Book Value per Share/CPI of May. 2023 (Change)*Current CPI (May. 2023)
=-0.012/124.0453*124.0453
=-0.012

Current CPI (May. 2023) = 124.0453.

Alphinat Quarterly Data

Book Value per Share CPI Adj_Book
201308 -0.023 97.261 -0.029
201311 -0.022 97.182 -0.028
201402 -0.022 98.051 -0.028
201405 -0.022 99.394 -0.027
201408 -0.029 99.315 -0.036
201411 -0.030 99.078 -0.038
201502 -0.035 99.078 -0.044
201505 -0.034 100.263 -0.042
201508 -0.037 100.579 -0.046
201511 -0.036 100.421 -0.044
201602 -0.035 100.421 -0.043
201605 -0.033 101.765 -0.040
201608 -0.036 101.686 -0.044
201611 -0.030 101.607 -0.037
201702 -0.025 102.476 -0.030
201705 -0.027 103.108 -0.032
201708 -0.031 103.108 -0.037
201711 -0.033 103.740 -0.039
201802 -0.033 104.688 -0.039
201805 -0.035 105.399 -0.041
201808 -0.038 106.031 -0.044
201811 -0.021 105.478 -0.025
201902 -0.023 106.268 -0.027
201905 -0.024 107.927 -0.028
201908 -0.020 108.085 -0.023
201911 -0.018 107.769 -0.021
202002 -0.019 108.559 -0.022
202005 -0.017 107.532 -0.020
202008 -0.017 108.243 -0.019
202011 -0.017 108.796 -0.019
202102 -0.016 109.745 -0.018
202105 -0.014 111.404 -0.016
202108 -0.015 112.668 -0.017
202111 0.000 113.932 0.000
202202 -0.014 115.986 -0.015
202205 -0.011 120.016 -0.011
202208 -0.013 120.569 -0.013
202211 -0.012 121.675 -0.012
202302 -0.013 122.070 -0.013
202305 -0.012 124.045 -0.012

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.


Alphinat  (TSXV:NPA.H) 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.


Alphinat Cyclically Adjusted PB Ratio Related Terms

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Alphinat (TSXV:NPA.H) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2000 2000 rue Peel Street, Suite 680, Montreal, QC, CAN, H3A 2W5
Alphinat Inc is a software company that has developed the SmartGuide suite that allows the user to create web applications and self-service tools that automate interactions between an organization and its customers, employees, and partners. Its software suite simplifies, accelerates and improves interactions with all business constituents. The company technology provides solutions to the public sector, healthcare, telecommunications, and financial institutions. It derives the majority of its revenue from solutions provider for Public Sector Agencies. Geographically, it generates maximum revenue from Canada and also has a presence in France, the United States, and Other Countries.

Alphinat (TSXV:NPA.H) Headlines

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