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DXC Technology Co (BSP:D1XC34) Cyclically Adjusted Book per Share : R$145.89 (As of Mar. 2024)


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What is DXC Technology Co Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

DXC Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was R$85.373. 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 R$145.89 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DXC Technology Co's average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.40% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.40% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of DXC Technology Co was 13.80% per year. The lowest was -5.40% per year. And the median was 8.25% per year.

As of today (2024-05-20), DXC Technology Co's current stock price is R$84.40. DXC Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$145.89. DXC Technology Co's Cyclically Adjusted PB Ratio of today is 0.58.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DXC Technology Co was 2.95. The lowest was 0.36. And the median was 0.95.


DXC Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for DXC Technology Co's Cyclically Adjusted Book per Share 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.

DXC Technology Co Cyclically Adjusted Book per Share Chart

DXC Technology Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 184.34 129.39 167.47 181.16 145.89

DXC Technology Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Cyclically Adjusted Book per Share 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 181.16 145.45 148.03 133.19 145.89

Competitive Comparison of DXC Technology Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, DXC Technology Co'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.


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

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

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



DXC Technology Co Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

For example, DXC Technology Co'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)
=85.373/131.7762*131.7762
=85.373

Current CPI (Mar. 2024) = 131.7762.

DXC Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 61.677 100.560 80.823
201409 61.371 100.428 80.528
201412 62.397 99.070 82.997
201503 66.485 99.621 87.945
201506 67.394 100.684 88.206
201509 85.042 100.392 111.628
201512 61.951 99.792 81.807
201603 54.115 100.470 70.977
201606 48.015 101.688 62.222
201609 47.168 101.861 61.021
201612 45.343 101.863 58.659
201703 20.853 102.862 26.715
201706 138.978 103.349 177.205
201709 133.349 104.136 168.744
201712 148.126 104.011 187.667
201803 154.967 105.290 193.951
201806 153.520 106.317 190.283
201809 167.983 106.507 207.838
201812 158.601 105.998 197.172
201903 163.143 107.251 200.450
201906 160.776 108.070 196.045
201909 137.796 108.329 167.621
201912 141.673 108.420 172.193
202003 92.222 108.902 111.593
202006 93.787 108.767 113.627
202009 93.493 109.815 112.190
202012 114.365 109.897 137.134
202103 110.070 111.754 129.790
202106 100.517 114.631 115.551
202109 99.875 115.734 113.719
202112 109.897 117.630 123.114
202203 105.798 121.301 114.934
202206 103.772 125.017 109.383
202209 105.196 125.227 110.698
202212 106.416 125.222 111.986
202303 84.827 127.348 87.777
202306 77.206 128.729 79.034
202309 79.196 129.860 80.365
202312 82.324 129.419 83.823
202403 85.373 131.776 85.373

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


DXC Technology Co  (BSP:D1XC34) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

DXC Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=84.40/145.89
=0.58

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DXC Technology Co was 2.95. The lowest was 0.36. And the median was 0.95.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


DXC Technology Co Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of DXC Technology Co's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


DXC Technology Co (BSP:D1XC34) Business Description

Industry
Traded in Other Exchanges
Address
20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.

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