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HS GovTech Solutions (FRA:38H) Cyclically Adjusted PB Ratio : (As of May. 24, 2024)


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What is HS GovTech Solutions Cyclically Adjusted PB Ratio?

HS GovTech Solutions does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.

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HS GovTech Solutions Cyclically Adjusted PB Ratio Historical Data

The historical data trend for HS GovTech Solutions'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.

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HS GovTech Solutions Cyclically Adjusted PB Ratio Chart

HS GovTech Solutions Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Dec21 Dec22
Cyclically Adjusted PB Ratio
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HS GovTech Solutions Quarterly Data
Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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Competitive Comparison of HS GovTech Solutions's Cyclically Adjusted PB Ratio

For the Health Information Services subindustry, HS GovTech Solutions'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.


HS GovTech Solutions's Cyclically Adjusted PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, HS GovTech Solutions's Cyclically Adjusted PB Ratio distribution charts can be found below:

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



HS GovTech Solutions 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.

HS GovTech Solutions does not have a history long enough to calculate Cyclically Adjusted Book per Share. Therefore GuruFocus does not calculate Cyclically Adjusted PB Ratio for this company.


HS GovTech Solutions  (FRA:38H) 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.


HS GovTech Solutions Cyclically Adjusted PB Ratio Related Terms

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HS GovTech Solutions (FRA:38H) Business Description

Traded in Other Exchanges
N/A
Address
750 West Pender Street, Suite 303, Vancouver, BC, CAN, V6C 2T7
HS GovTech Solutions Inc is a provider of web-based and mobile solutions for health and safety regulatory agencies across North America. The solutions offered by the company include Environmental Health, Code Enforcement, Fire & Safety, Virtual Inspections, Payment Processing, Mobile Inspections, and Citizen Portal. The Company operates in one industry segment within two geographical areas: Canada and the United States of America.

HS GovTech Solutions (FRA:38H) Headlines

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