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NCR Voyix (NCR Voyix) Cyclically Adjusted PB Ratio : 1.52 (As of May. 15, 2024)


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What is NCR Voyix Cyclically Adjusted PB Ratio?

As of today (2024-05-15), NCR Voyix's current share price is $13.01. NCR Voyix's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $8.58. NCR Voyix's Cyclically Adjusted PB Ratio for today is 1.52.

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

VYX' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.15   Med: 2.35   Max: 3.92
Current: 1.52

During the past years, NCR Voyix's highest Cyclically Adjusted PB Ratio was 3.92. The lowest was 1.15. And the median was 2.35.

VYX's Cyclically Adjusted PB Ratio is ranked better than
68.61% of 1335 companies
in the Software industry
Industry Median: 2.6 vs VYX: 1.52

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.

NCR Voyix's adjusted book value per share data for the three months ended in Mar. 2024 was $-0.235. 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 $8.58 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


NCR Voyix Cyclically Adjusted PB Ratio Historical Data

The historical data trend for NCR Voyix'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.

NCR Voyix Cyclically Adjusted PB Ratio Chart

NCR Voyix 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 3.01 3.04 2.98 1.59 1.89

NCR Voyix 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 1.57 1.66 1.78 1.89 1.47

Competitive Comparison of NCR Voyix's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, NCR Voyix'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.


NCR Voyix's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



NCR Voyix 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.

NCR Voyix's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=13.01/8.58
=1.52

* 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.

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

For example, NCR Voyix'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)
=-0.235/129.4194*129.4194
=-0.235

Current CPI (Mar. 2024) = 129.4194.

NCR Voyix Quarterly Data

Book Value per Share CPI Adj_Book
201406 11.554 100.560 14.870
201409 11.390 100.428 14.678
201412 11.097 99.070 14.497
201503 11.174 99.621 14.516
201506 9.393 100.684 12.074
201509 9.823 100.392 12.663
201512 5.414 99.792 7.021
201603 4.243 100.470 5.466
201606 4.483 101.688 5.706
201609 5.419 101.861 6.885
201612 5.578 101.863 7.087
201703 4.373 102.862 5.502
201706 5.288 103.349 6.622
201709 6.337 104.136 7.876
201712 5.893 104.011 7.333
201803 5.063 105.290 6.223
201806 3.152 106.317 3.837
201809 3.763 106.507 4.573
201812 3.328 105.998 4.063
201903 3.748 107.251 4.523
201906 4.505 108.070 5.395
201909 5.699 108.329 6.809
201912 8.645 108.420 10.319
202003 8.044 108.902 9.560
202006 8.736 108.767 10.395
202009 9.300 109.815 10.960
202012 8.118 109.897 9.560
202103 8.392 111.754 9.719
202106 8.802 114.631 9.938
202109 8.976 115.734 10.037
202112 9.290 117.630 10.221
202203 9.707 121.301 10.357
202206 10.022 125.017 10.375
202209 10.547 125.227 10.900
202212 10.725 125.222 11.085
202303 10.628 127.348 10.801
202306 11.075 128.729 11.134
202309 9.737 129.860 9.704
202312 0.175 129.419 0.175
202403 -0.235 129.419 -0.235

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.


NCR Voyix  (NYSE:VYX) 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.


NCR Voyix Cyclically Adjusted PB Ratio Related Terms

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


NCR Voyix (NCR Voyix) Business Description

Industry
Traded in Other Exchanges
Address
864 Spring Street NW, Atlanta, GA, USA, 30308
Website
NCR Voyix Corp is a company providing services of digital commerce solutions for retail, restaurant and digital banking. NCR Voyix transforms retail, restaurant and digital banking experiences with comprehensive platform-based SaaS and service capabilities.
Executives
Kevin Michael Reddy director 3 MINETTA STREET, NEW YORK NY 10012
James G Kelly director
Janet Brutschea Haugen director UNISYS CORPORATION, 801 LAKEVIEW DRIVE, SUITE 100, BLUE BELL PA 19422
Laura Marie Miller director 320 QUIET WATER LANE, ATLANTA GA 30350
Brian J. Webb-walsh officer: EVP & CFO 233 MT. AIRY ROAD, SUITE 100, BASKING RIDGE NJ 07920
Kelli Sterrett officer: EVP, General Counsel & Secrtry 10 GLENLAKE PARKWAY SOUTH TOWER, SUITE 950, ATLANTA GA 30328
Kelly Moyer officer: Chief Accounting Officer 864 SPRING STREET, ATLANTA GA 30308
Eric Schoch officer: EVP & President, Retail 864 SPRING STREET, ATLANTA GA 30208
David O. Wilkinson director, officer: Chief Executive Officer 864 SPRING STREET, ATLANTA GA 30308
Glenn W. Welling director 610 NEWPORT CENTER DRIVE, SUITE 950, NEWPORT BEACH CA 92660
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Adrian Button officer: SVP Global Hardware Prod Ops 864 SPRING ST. NW, NCR CORPORATION, ATLANTA GA 30308-1007
Laura Sen director ONE MERCER ROAD, P.O. BOX 9601, NATICK MA 01760-9601
Layden Donald W Jr officer: EVP Pymt Grp & Hd Strgy & M&A C/O NCR CORPORATION, 864 SPRING STREET NW, ATLANTA GA 30308
Daniel William Campbell officer: Executive VP, Global Sales 864 SPRING STREET NW, ATLANTA GA 30308