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PaySign (PaySign) Cyclically Adjusted PB Ratio : 16.96 (As of Jun. 10, 2024)


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What is PaySign Cyclically Adjusted PB Ratio?

As of today (2024-06-10), PaySign's current share price is $4.07. PaySign's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.24. PaySign's Cyclically Adjusted PB Ratio for today is 16.96.

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

PAYS' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 8.24   Med: 17.37   Max: 112.67
Current: 17.18

During the past years, PaySign's highest Cyclically Adjusted PB Ratio was 112.67. The lowest was 8.24. And the median was 17.37.

PAYS's Cyclically Adjusted PB Ratio is ranked worse than
95% of 1420 companies
in the Software industry
Industry Median: 2.54 vs PAYS: 17.18

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.

PaySign's adjusted book value per share data for the three months ended in Mar. 2024 was $0.481. 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 $0.24 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


PaySign Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PaySign'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.

PaySign Cyclically Adjusted PB Ratio Chart

PaySign 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 - 44.22 11.69 14.48 12.68

PaySign 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 19.19 12.29 9.29 12.68 15.45

Competitive Comparison of PaySign's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, PaySign'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.


PaySign's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



PaySign 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.

PaySign's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.07/0.24
=16.96

* 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.

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

For example, PaySign'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)
=0.481/131.7762*131.7762
=0.481

Current CPI (Mar. 2024) = 131.7762.

PaySign Quarterly Data

Book Value per Share CPI Adj_Book
201406 -0.003 100.560 -0.004
201409 -0.002 100.428 -0.003
201412 0.074 99.070 0.098
201503 0.064 99.621 0.085
201506 0.085 100.684 0.111
201509 0.028 100.392 0.037
201512 0.030 99.792 0.040
201603 0.032 100.470 0.042
201606 0.042 101.688 0.054
201609 0.053 101.861 0.069
201612 0.067 101.863 0.087
201703 0.075 102.862 0.096
201706 0.087 103.349 0.111
201709 0.102 104.136 0.129
201712 0.115 104.011 0.146
201803 0.128 105.290 0.160
201806 0.150 106.317 0.186
201809 0.178 106.507 0.220
201812 0.196 105.998 0.244
201903 0.227 107.251 0.279
201906 0.273 108.070 0.333
201909 0.351 108.329 0.427
201912 0.405 108.420 0.492
202003 0.443 108.902 0.536
202006 0.446 108.767 0.540
202009 0.335 109.815 0.402
202012 0.265 109.897 0.318
202103 0.245 111.754 0.289
202106 0.236 114.631 0.271
202109 0.241 115.734 0.274
202112 0.251 117.630 0.281
202203 0.255 121.301 0.277
202206 0.260 125.017 0.274
202209 0.286 125.227 0.301
202212 0.311 125.222 0.327
202303 0.308 127.348 0.319
202306 0.316 128.729 0.323
202309 0.345 129.860 0.350
202312 0.464 129.419 0.472
202403 0.481 131.776 0.481

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.


PaySign  (NAS:PAYS) 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.


PaySign Cyclically Adjusted PB Ratio Related Terms

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


PaySign (PaySign) Business Description

Industry
Traded in Other Exchanges
N/A
Address
2615 St. Rose Parkway, Henderson, NV, USA, 89052
PaySign Inc is a provider of prepaid card programs, comprehensive patient affordability offerings, digital banking services and integrated payment processing designed for businesses, consumers and government institutions. The Company creates customized, payment solutions for clients across industries, including pharmaceutical, healthcare, hospitality and retail. The company's revenues include fees generated from cardholder fees, interchange, card program management fees, transaction claims processing fees, and settlement income.
Executives
Robert Strobo officer: Secretary 1700 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89012
Bruce A Mina director 1700 W. HORIZON RIDGE PKWY, #200, HENDERSON NV 89012
Jeffery Bradford Baker officer: CFO 3101 HOWELL MILL RD., UNIT 223, ATLANTA GA 3
Matthew Louis Lanford officer: COO, President 11859 TAVEMA AVE,, LAS VEGAS NV 89138
Joan M Herman officer: Chief Operating Officer 1700 W. HORIZON RIDGE PARKWAY #200, HENDERSON NV 89012
Mark Newcomer director, 10 percent owner, officer: President & CEO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Daniel Spence director, 10 percent owner, officer: CIO 1700 W HORIZON RIDGE PARKWAY STE 2, HENDERSON NV 89012
Jeffrey B Newman director C/O EURONET WORLDWIDE, INC., 3500 COLLEGE BOULEVARD, LEAWOOD KS 66211
Mark Kenneth Attinger officer: CFO 34522 N.SCOTTSDALE ROAD, SUITE 120-492, SCOTTSDALE AZ 85266
Quinn P Williams director 2375 E. CAMELBACK ROAD, STE. 700, PHOENIX AZ 85016
Daniel R Henry director 13160 BIRCH, OVERLAND PARK KS 66211
Dennis L Triplett director 1700 HORIZON RIDGE PARKWAY, #200, HENDERSON NV 89012
Brian Polan officer: Chief Financial Officer 1700 W. HORIZON RIDGE PARKWAY, SUITE 201, HENDERSON NV 89012
Anthony E Deprima director, officer: Secretary
Joya Arthur De officer: CFO 361 WISETON AVENUE, LAS VEGAS NV 89123