GURUFOCUS.COM » STOCK LIST » Technology » Software » CDK Global Inc (NAS:CDK) » Definitions » Cyclically Adjusted PB Ratio

CDK Global (CDK Global) Cyclically Adjusted PB Ratio : (As of May. 23, 2024)


View and export this data going back to 2014. Start your Free Trial

What is CDK Global Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


CDK Global Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CDK Global'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.

CDK Global Cyclically Adjusted PB Ratio Chart

CDK Global Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

CDK Global Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 - - - - -

Competitive Comparison of CDK Global's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, CDK Global'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.


CDK Global's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



CDK Global 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.

CDK Global's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun21 is calculated as:

For example, CDK Global's adjusted Book Value per Share data for the fiscal year that ended in Jun21 was:

Adj_Book=Book Value per Share/CPI of Jun21 (Change)*Current CPI (Jun21)
=3.957/114.6314*114.6314
=3.957

Current CPI (Jun21) = 114.6314.

CDK Global Annual Data

Book Value per Share CPI Adj_Book
201206 9.121 96.819 10.799
201306 9.588 98.518 11.156
201406 11.218 100.560 12.788
201506 4.808 100.684 5.474
201606 2.397 101.688 2.702
201706 -0.527 103.349 -0.585
201806 -2.804 106.317 -3.023
201906 -6.025 108.070 -6.391
202006 -4.906 108.767 -5.171
202106 3.957 114.631 3.957

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.


CDK Global  (NAS:CDK) 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.


CDK Global Cyclically Adjusted PB Ratio Related Terms

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


CDK Global (CDK Global) Business Description

Industry
Traded in Other Exchanges
N/A
Address
1950 Hassell Road, Hoffman Estates, IL, USA, 60169
CDK Global Inc provides integrated information technology solutions to the automotive retail and adjacent industries in North America. The company's solutions connect people with technology by automating and integrating all parts of the dealership and buying process, including the acquisition, sale, financing, insuring, parts supply, repair, and maintenance of vehicles. It generates maximum revenue from subscriptions.
Executives
Lee J. Brunz officer: General Counsel and Secretary C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Neil B Fairfield officer: VP, Corporate Controller & CAO 200 N. MILWAUKEE AVENUE, VERNON HILLS IL 60061
Eric Guerin officer: EVP, Chief Financial Officer 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169
Jennifer A. Williams officer: VP, Corporate Controller & CAO 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Mahesh Shah officer: Chief Product & Tech. Officer 1950 HASSELL ROAD, HOFFMAN ESTATES IL 60169-6308
Scott W Herbers officer: EVP, North America Sales 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Neil Packham officer: President, CDK International 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Joseph A Tautges officer: Executive Vice President CDK GLOBAL, INC. 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169
Brian M Krzanich director, officer: CEO / President 1210 MACDONALD RANCH ROAD, HENDERSON NV 89012
Rajiv K Amar officer: Chief Technology Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Scott L. Mathews officer: VP & President, Digital Mktg C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169
Amy W. Byrne officer: Chief Human Resources Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Brian P Macdonald director 1735 MARKET STREET, PHILADELPHIA PA 19103
Frey Ronald L Jr officer: Chief Global Strategy Officer 1950 HASSELL ROAD HOFFMAN ESTATES IL 60169-6308
Stephen A. Miles director C/O CDK GLOBAL, INC. 1950 HASSELL RD. HOFFMAN ESTATES IL 60169

CDK Global (CDK Global) Headlines

From GuruFocus

Top 5 3rd Quarter Trades of AIMZ Investment Advisors, LLC

By GuruFocus Research GuruFocus Editor 11-16-2022

Top 5 2nd Quarter Trades of THOMPSON SIEGEL & WALMSLEY LLC

By GuruFocus Research GuruFocus Editor 07-22-2022

Keeley Comments on CDK Global

By Sydnee Gatewood 07-28-2022

CDK Global Declares Regular Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 06-19-2022

CDK Global Declares Regular Quarterly Cash Dividend

By GuruFocusNews GuruFocusNews 07-09-2022