GURUFOCUS.COM » STOCK LIST » Technology » Software » CGI Inc (STU:CJ5A) » Definitions » Cyclically Adjusted Book per Share

CGI (STU:CJ5A) Cyclically Adjusted Book per Share : €19.96 (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is CGI 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.

CGI's adjusted book value per share for the three months ended in Mar. 2024 was €25.995. 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 €19.96 for the trailing ten years ended in Mar. 2024.

During the past 12 months, CGI's average Cyclically Adjusted Book Growth Rate was 10.10% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 12.80% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 13.30% 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 CGI was 23.30% per year. The lowest was 9.40% per year. And the median was 12.95% per year.

As of today (2024-05-24), CGI's current stock price is €95.86. CGI's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.96. CGI's Cyclically Adjusted PB Ratio of today is 4.80.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of CGI was 6.41. The lowest was 3.91. And the median was 5.08.


CGI Cyclically Adjusted Book per Share Historical Data

The historical data trend for CGI'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.

CGI Cyclically Adjusted Book per Share Chart

CGI Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.93 12.24 15.11 18.51 19.52

CGI 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 18.02 18.86 19.52 19.16 19.96

Competitive Comparison of CGI's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, CGI'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.


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

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

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



CGI 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, CGI'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)
=25.995/126.2576*126.2576
=25.995

Current CPI (Mar. 2024) = 126.2576.

CGI Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.443 99.473 13.255
201409 11.248 99.394 14.288
201412 11.687 98.367 15.001
201503 12.830 99.789 16.233
201506 13.317 100.500 16.730
201509 13.218 100.421 16.619
201512 13.850 99.947 17.496
201603 13.426 101.054 16.775
201606 13.861 102.002 17.157
201609 14.416 101.765 17.886
201612 15.018 101.449 18.691
201703 15.080 102.634 18.551
201706 15.034 103.029 18.424
201709 14.769 103.345 18.043
201712 15.060 103.345 18.399
201803 15.064 105.004 18.113
201806 15.587 105.557 18.644
201809 15.733 105.636 18.804
201812 16.460 105.399 19.717
201903 16.858 106.979 19.896
201906 16.494 107.690 19.338
201909 17.562 107.611 20.605
201912 17.988 107.769 21.074
202003 16.913 107.927 19.785
202006 17.561 108.401 20.454
202009 17.954 108.164 20.957
202012 18.030 108.559 20.969
202103 17.710 110.298 20.273
202106 18.293 111.720 20.673
202109 19.081 112.905 21.338
202112 19.802 113.774 21.975
202203 20.321 117.646 21.809
202206 21.605 120.806 22.580
202209 23.162 120.648 24.239
202212 22.990 120.964 23.996
202303 23.269 122.702 23.943
202306 24.298 124.203 24.700
202309 24.682 125.230 24.884
202312 25.275 125.072 25.515
202403 25.995 126.258 25.995

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


CGI  (STU:CJ5A) 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.

CGI's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=95.86/19.96
=4.80

* 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 CGI was 6.41. The lowest was 3.91. And the median was 5.08.


Be Aware

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


CGI Cyclically Adjusted Book per Share Related Terms

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


CGI (STU:CJ5A) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » CGI Inc (STU:CJ5A) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, CAN, H3G 1T4
CGI Inc. is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services, or BPS. The company's largest vertical market is government, which contributes more than a third of group revenue.

CGI (STU:CJ5A) Headlines

No Headlines