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Solution Dynamics (NZSE:SDL) Cyclically Adjusted PB Ratio : 4.03 (As of Jun. 11, 2024)


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What is Solution Dynamics Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Solution Dynamics's current share price is NZ$1.33. Solution Dynamics's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 was NZ$0.33. Solution Dynamics's Cyclically Adjusted PB Ratio for today is 4.03.

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

NZSE:SDL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.99   Med: 11.25   Max: 18.85
Current: 3.99

During the past 13 years, Solution Dynamics's highest Cyclically Adjusted PB Ratio was 18.85. The lowest was 3.99. And the median was 11.25.

NZSE:SDL's Cyclically Adjusted PB Ratio is ranked worse than
67.37% of 1422 companies
in the Software industry
Industry Median: 2.5 vs NZSE:SDL: 3.99

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.

Solution Dynamics's adjusted book value per share data of for the fiscal year that ended in Jun23 was NZ$0.499. 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 NZ$0.33 for the trailing ten years ended in Jun23.

Shiller PE for Stocks: The True Measure of Stock Valuation


Solution Dynamics Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Solution Dynamics'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.

Solution Dynamics Cyclically Adjusted PB Ratio Chart

Solution Dynamics Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.58 12.28 13.24 8.48 6.29

Solution Dynamics Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 - 8.48 - 6.29 -

Competitive Comparison of Solution Dynamics's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Solution Dynamics'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.


Solution Dynamics's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Solution Dynamics 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.

Solution Dynamics's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.33/0.33
=4.03

* 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.

Solution Dynamics's Cyclically Adjusted Book per Share for the fiscal year that ended in Jun23 is calculated as:

For example, Solution Dynamics's adjusted Book Value per Share data for the fiscal year that ended in Jun23 was:

Adj_Book=Book Value per Share/CPI of Jun23 (Change)*Current CPI (Jun23)
=0.499/125.8458*125.8458
=0.499

Current CPI (Jun23) = 125.8458.

Solution Dynamics Annual Data

Book Value per Share CPI Adj_Book
201406 0.122 99.646 0.154
201506 0.180 100.063 0.226
201606 0.212 100.480 0.266
201706 0.250 102.231 0.308
201806 0.275 103.764 0.334
201906 0.269 105.502 0.321
202006 0.334 107.035 0.393
202106 0.337 110.614 0.383
202206 0.402 118.690 0.426
202306 0.499 125.846 0.499

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.


Solution Dynamics  (NZSE:SDL) 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.


Solution Dynamics Cyclically Adjusted PB Ratio Related Terms

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


Solution Dynamics (NZSE:SDL) Business Description

Industry
Traded in Other Exchanges
N/A
Address
18 Canaveral Drive, PO Box 301248, Albany, Auckland, NZL, 0752
Solution Dynamics Ltd is a company engaged in providing customer communications solutions. Its products and services are represented by revenue streams: Digital Printing & Document Handling Services; and Software and Technology, Outsourced services. Services include digital print and mail house processing for mail items like invoices, statements, and promotional material. Software and Technology develop and markets its software products related to multi-channel marketing communications including digital asset management, communication templates, campaign management, document archiving, document composition, and desktop mail solutions among others. Its outsourced services elements are the post, freight, paper, and envelopes.

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