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TTEC Holdings (TTEC Holdings) Cyclically Adjusted PB Ratio : 0.69 (As of Apr. 27, 2024)


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What is TTEC Holdings Cyclically Adjusted PB Ratio?

As of today (2024-04-27), TTEC Holdings's current share price is $7.72. TTEC Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $11.12. TTEC Holdings's Cyclically Adjusted PB Ratio for today is 0.69.

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

TTEC' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 3.72   Max: 11.62
Current: 0.69

During the past years, TTEC Holdings's highest Cyclically Adjusted PB Ratio was 11.62. The lowest was 0.69. And the median was 3.72.

TTEC's Cyclically Adjusted PB Ratio is ranked better than
84.01% of 1288 companies
in the Software industry
Industry Median: 2.495 vs TTEC: 0.69

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.

TTEC Holdings's adjusted book value per share data for the three months ended in Dec. 2023 was $12.622. 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 $11.12 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


TTEC Holdings Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TTEC Holdings'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.

TTEC Holdings Cyclically Adjusted PB Ratio Chart

TTEC Holdings 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 4.35 7.87 9.02 4.12 1.95

TTEC 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 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 4.12 3.42 3.06 2.35 1.95

Competitive Comparison of TTEC Holdings's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, TTEC 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.


TTEC Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



TTEC Holdings 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.

TTEC Holdings's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.72/11.12
=0.69

* 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.

TTEC Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, TTEC 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)
=12.622/129.4194*129.4194
=12.622

Current CPI (Dec. 2023) = 129.4194.

TTEC Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201403 9.277 99.695 12.043
201406 9.765 100.560 12.567
201409 9.416 100.428 12.134
201412 9.396 99.070 12.274
201503 9.240 99.621 12.004
201506 9.288 100.684 11.939
201509 8.558 100.392 11.033
201512 8.944 99.792 11.599
201603 9.215 100.470 11.870
201606 8.814 101.688 11.218
201609 8.302 101.861 10.548
201612 7.696 101.863 9.778
201703 8.052 102.862 10.131
201706 8.494 103.349 10.637
201709 8.565 104.136 10.645
201712 7.760 104.011 9.656
201803 7.346 105.290 9.030
201806 7.035 106.317 8.564
201809 6.941 106.507 8.434
201812 7.472 105.998 9.123
201903 7.682 107.251 9.270
201906 8.161 108.070 9.773
201909 8.061 108.329 9.630
201912 9.003 108.420 10.747
202003 8.335 108.902 9.905
202006 9.340 108.767 11.113
202009 10.131 109.815 11.940
202012 9.515 109.897 11.205
202103 9.964 111.754 11.539
202106 11.023 114.631 12.445
202109 10.408 115.734 11.639
202112 11.113 117.630 12.227
202203 11.380 121.301 12.142
202206 11.363 125.017 11.763
202209 10.756 125.227 11.116
202212 11.857 125.222 12.254
202303 12.571 127.348 12.775
202306 13.129 128.729 13.199
202309 12.362 129.860 12.320
202312 12.622 129.419 12.622

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.


TTEC Holdings  (NAS:TTEC) 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.


TTEC Holdings Cyclically Adjusted PB Ratio Related Terms

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


TTEC Holdings (TTEC Holdings) Business Description

Industry
Traded in Other Exchanges
Address
9197 South Peoria Street, Englewood, CO, USA, 80112
TTEC Holdings Inc provides customer engagement management tools and services. The company operates through four operating segments that are organized into two groups, TTEC Digital and TTEC Engage. TTEC Digital is engaged in building and implementing cloud-based and on-premises customer experience tools that enable clients to develop customer engagement strategies. TTEC Engage focuses on delivering sales and marketing solutions to help clients boost their revenue as well as on managing customer's front-to-back office processes to optimize the customer experience. TTEC Engage contributes the vast majority of the company's revenue, and most of the sales are derived from the United States and Canada, followed by Philippines, Asia-Pacific and India.
Executives
Marc Holtzman director 600 SEVENTEENTH STREET, SUITE 2800, DENVER CO 80202
Francois Bourret officer: Interim CFO 9197 S. PEORIA ST., ENGLEWOOD CO 80112
David J. Seybold officer: CEO, TTEC Digital 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Michelle R Swanback officer: CEO, TTEC Engage 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Gregory A Conley director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Margaret B Mclean officer: SVP, GC, CRO & Corp. Sec. 9191 SOUTH JAMAICA STREET, ENGLEWOOD CO 80112
Dustin J. Semach officer: Chief Financial Officer 1 FANATICAL PLACE, CITY OF WINDCREST, SAN ANTONIO TX 78218
Kenneth D Tuchman director, 10 percent owner, officer: CEO & Chairman of the Board C/O MARGARET MCLEAN, TTEC HOLDINGS INC, 9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Robert N Frerichs director C/O TTEC HOLDINGS, INC., 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Gina Loften director 9197 S. PEORIA ST., ENGLEWOOD CO 80112
George Demou officer: President, TTEC Digital 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Richard Sean Erickson officer: SVP, Global Head-TTEC Engage 9197 S. PEORIA ST., ENGLEWOOD CO 80112
Judi Hand officer: EVP, Chief Sales Officer 9197 S. PEORIA STREET, ENGLEWOOD CO 80112
Martin F Deghetto officer: EVP, Global Operations 9197 SOUTH PEORIA STREET, ENGLEWOOD CO 80112
Tracy L Bahl director