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CANCOM SE (CANCOM SE) Cyclically Adjusted PB Ratio : 1.85 (As of Jun. 07, 2024)


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What is CANCOM SE Cyclically Adjusted PB Ratio?

As of today (2024-06-07), CANCOM SE's current share price is $30.50. CANCOM SE's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $16.45. CANCOM SE's Cyclically Adjusted PB Ratio for today is 1.85.

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

CCCMF' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.64   Med: 5.8   Max: 9.81
Current: 2.09

During the past years, CANCOM SE's highest Cyclically Adjusted PB Ratio was 9.81. The lowest was 1.64. And the median was 5.80.

CCCMF's Cyclically Adjusted PB Ratio is ranked better than
56.29% of 1416 companies
in the Software industry
Industry Median: 2.54 vs CCCMF: 2.09

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.

CANCOM SE's adjusted book value per share data for the three months ended in Mar. 2024 was $21.215. 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 $16.45 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CANCOM SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CANCOM SE'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.

CANCOM SE Cyclically Adjusted PB Ratio Chart

CANCOM SE 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 7.69 5.60 5.87 2.18 2.04

CANCOM SE 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 2.38 2.02 1.78 2.04 1.85

Competitive Comparison of CANCOM SE's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, CANCOM SE'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.


CANCOM SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



CANCOM SE 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.

CANCOM SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=30.50/16.45
=1.85

* 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.

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

For example, CANCOM SE'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)
=21.215/125.0381*125.0381
=21.215

Current CPI (Mar. 2024) = 125.0381.

CANCOM SE Quarterly Data

Book Value per Share CPI Adj_Book
201406 7.867 99.543 9.882
201409 8.009 99.823 10.032
201412 7.689 99.543 9.658
201503 6.881 99.717 8.628
201506 6.915 100.417 8.611
201509 7.055 100.417 8.785
201512 7.273 99.717 9.120
201603 9.188 100.017 11.487
201606 9.249 100.717 11.482
201609 9.325 101.017 11.542
201612 9.124 101.217 11.271
201703 9.487 101.417 11.697
201706 9.963 102.117 12.199
201709 11.629 102.717 14.156
201712 12.174 102.617 14.834
201803 13.043 102.917 15.846
201806 12.067 104.017 14.506
201809 12.422 104.718 14.833
201812 12.518 104.217 15.019
201903 12.861 104.217 15.430
201906 13.074 105.718 15.463
201909 12.833 106.018 15.135
201912 16.641 105.818 19.664
202003 16.680 105.718 19.728
202006 17.128 106.618 20.087
202009 18.107 105.818 21.396
202012 19.387 105.518 22.974
202103 19.471 107.518 22.644
202106 20.084 108.486 23.148
202109 25.933 109.435 29.631
202112 23.852 110.384 27.019
202203 21.359 113.968 23.434
202206 21.519 115.760 23.244
202209 19.334 118.818 20.346
202212 20.799 119.345 21.791
202303 21.321 122.402 21.780
202306 21.393 123.140 21.723
202309 20.437 124.195 20.576
202312 21.860 123.773 22.083
202403 21.215 125.038 21.215

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.


CANCOM SE  (OTCPK:CCCMF) 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.


CANCOM SE Cyclically Adjusted PB Ratio Related Terms

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


CANCOM SE (CANCOM SE) Business Description

Industry
Traded in Other Exchanges
Address
Erika-Mann-Strasse 69, Munich, BY, DEU, D-80636
CANCOM SE is a provider of IT infrastructure and IT services in Germany and Austria. Business operations of the company are carried out through Germany, Austria, Switzerland, and the U.S.A. The company offers IT architecture, systems integration and managed services. The company managed its businesses in two segments: Cloud Solutions and IT Solutions of which the IT Solutions segment contributes a majority of total revenue. Cloud Solutions segment comprises the cloud and shared managed services business, including project related cloud hardware, software, and services business. IT Solutions offers comprehensive support for IT infrastructure and applications.

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