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ObjectOne Information Systems (BOM:535657) Cyclically Adjusted PB Ratio : (As of Jun. 06, 2024)


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What is ObjectOne Information Systems Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


ObjectOne Information Systems Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ObjectOne Information Systems'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.

ObjectOne Information Systems Cyclically Adjusted PB Ratio Chart

ObjectOne Information Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.14 0.53 0.87

ObjectOne Information Systems Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 0.92 - 0.87 -

Competitive Comparison of ObjectOne Information Systems's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, ObjectOne Information Systems'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.


ObjectOne Information Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



ObjectOne Information Systems 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.

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

For example, ObjectOne Information Systems'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)
=0/152.9243*152.9243
=0.000

Current CPI (Dec. 2023) = 152.9243.

ObjectOne Information Systems Quarterly Data

Book Value per Share CPI Adj_Book
201309 15.231 91.042 25.584
201312 0.000 91.425 0.000
201403 15.404 91.425 25.766
201406 0.000 94.103 0.000
201409 15.446 96.780 24.406
201412 0.000 96.780 0.000
201503 15.302 97.163 24.084
201506 0.000 99.841 0.000
201509 13.977 101.753 21.006
201512 0.000 102.901 0.000
201603 14.376 102.518 21.444
201606 0.000 105.961 0.000
201609 13.542 105.961 19.544
201612 0.000 105.196 0.000
201703 14.649 105.196 21.295
201706 0.000 107.109 0.000
201709 0.000 109.021 0.000
201712 0.000 109.404 0.000
201803 12.504 109.786 17.417
201806 0.000 111.317 0.000
201809 12.909 115.142 17.145
201812 0.000 115.142 0.000
201903 12.955 118.202 16.761
201906 0.000 120.880 0.000
201909 13.072 123.175 16.229
201912 0.000 126.235 0.000
202003 13.196 124.705 16.182
202006 0.000 127.000 0.000
202009 13.106 130.118 15.403
202012 0.000 130.889 0.000
202103 13.389 131.771 15.538
202106 0.000 134.084 0.000
202109 13.841 135.847 15.581
202112 0.000 138.161 0.000
202203 14.650 138.822 16.138
202206 0.000 142.347 0.000
202209 15.990 144.661 16.903
202212 0.000 145.763 0.000
202303 16.524 146.865 17.206
202312 0.000 152.924 0.000

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.


ObjectOne Information Systems  (BOM:535657) 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.


ObjectOne Information Systems Cyclically Adjusted PB Ratio Related Terms

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ObjectOne Information Systems (BOM:535657) Business Description

Traded in Other Exchanges
N/A
Address
Srinagar Colony Main Road, 8-3-988/34/7/2/1 & 2, Kamalapuri Colony, Hyderabad, TG, IND, 500073
ObjectOne Information Systems Ltd is engaged in the development, designing, and production of software applications and related IT services. The company also provides Business consulting services; Analytics; Enterprise mobile applications; Social relationship management services; Engineering and, Other related services.

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