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Euronet Worldwide (BSP:E2EF34) Cyclically Adjusted PB Ratio : 4.49 (As of May. 23, 2024)


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What is Euronet Worldwide Cyclically Adjusted PB Ratio?

As of today (2024-05-23), Euronet Worldwide's current share price is R$3.91. Euronet Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$0.87. Euronet Worldwide's Cyclically Adjusted PB Ratio for today is 4.49.

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

BSP:E2EF34' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.95   Med: 5.68   Max: 10.74
Current: 4.44

During the past years, Euronet Worldwide's highest Cyclically Adjusted PB Ratio was 10.74. The lowest was 2.95. And the median was 5.68.

BSP:E2EF34's Cyclically Adjusted PB Ratio is ranked worse than
70.3% of 1350 companies
in the Software industry
Industry Median: 2.61 vs BSP:E2EF34: 4.44

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.

Euronet Worldwide's adjusted book value per share data for the three months ended in Mar. 2024 was R$0.900. 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$0.87 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Euronet Worldwide Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Euronet Worldwide'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.

Euronet Worldwide Cyclically Adjusted PB Ratio Chart

Euronet Worldwide 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 9.31 7.86 5.64 4.04 4.02

Euronet Worldwide 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 4.65 4.76 3.16 4.02 4.23

Competitive Comparison of Euronet Worldwide's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Euronet Worldwide'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.


Euronet Worldwide's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Euronet Worldwide 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.

Euronet Worldwide's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.91/0.87
=4.49

* 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.

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

For example, Euronet Worldwide'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)
=0.9/131.7762*131.7762
=0.900

Current CPI (Mar. 2024) = 131.7762.

Euronet Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.213 100.560 0.279
201409 0.216 100.428 0.283
201412 0.249 99.070 0.331
201503 0.276 99.621 0.365
201506 0.295 100.684 0.386
201509 0.392 100.392 0.515
201512 0.402 99.792 0.531
201603 0.388 100.470 0.509
201606 0.373 101.688 0.483
201609 0.384 101.861 0.497
201612 0.385 101.863 0.498
201703 0.379 102.862 0.486
201706 0.444 103.349 0.566
201709 0.474 104.136 0.600
201712 0.499 104.011 0.632
201803 0.479 105.290 0.599
201806 0.527 106.317 0.653
201809 0.627 106.507 0.776
201812 0.616 105.998 0.766
201903 0.635 107.251 0.780
201906 0.660 108.070 0.805
201909 0.732 108.329 0.890
201912 0.797 108.420 0.969
202003 0.805 108.902 0.974
202006 0.802 108.767 0.972
202009 0.899 109.815 1.079
202012 0.940 109.897 1.127
202103 1.000 111.754 1.179
202106 0.913 114.631 1.050
202109 0.993 115.734 1.131
202112 0.925 117.630 1.036
202203 0.751 121.301 0.816
202206 0.692 125.017 0.729
202209 0.724 125.227 0.762
202212 0.874 125.222 0.920
202303 0.890 127.348 0.921
202306 0.901 128.729 0.922
202309 0.815 129.860 0.827
202312 0.892 129.419 0.908
202403 0.900 131.776 0.900

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.


Euronet Worldwide  (BSP:E2EF34) 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.


Euronet Worldwide Cyclically Adjusted PB Ratio Related Terms

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


Euronet Worldwide (BSP:E2EF34) Business Description

Traded in Other Exchanges
Address
11400 Tomahawk Creek Parkway, Suite 300, Leawood, KS, USA, 66211
Euronet Worldwide Inc is a provider of electronic financial transaction solutions. The company operates an independent network of ATMs in Europe, along with a network for prepaid products such as mobile top-ups, and processes point-of-sale transactions. Euronet Worldwide also offers global money transfers, payment services and software, banking services, credit and debit card outsourcing services, and card issuing and merchant acquiring services. The largest segment by operating income, electronical financial transaction processing, mainly generates revenue from monthly ATM management fees and currency conversion transactions. The largest country by revenue is the United States of America.

Euronet Worldwide (BSP:E2EF34) Headlines

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