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Sabre (SABR) Cyclically Adjusted PB Ratio : 2.77 (As of May. 26, 2024)


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What is Sabre Cyclically Adjusted PB Ratio?

As of today (2024-05-26), Sabre's current share price is $3.08. Sabre's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $1.11. Sabre's Cyclically Adjusted PB Ratio for today is 2.77.

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

SABR' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 1.85   Med: 4.58   Max: 9.31
Current: 2.77

During the past years, Sabre's highest Cyclically Adjusted PB Ratio was 9.31. The lowest was 1.85. And the median was 4.58.

SABR's Cyclically Adjusted PB Ratio is ranked worse than
50.77% of 1355 companies
in the Software industry
Industry Median: 2.61 vs SABR: 2.77

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.

Sabre's adjusted book value per share data for the three months ended in Mar. 2024 was $-3.784. 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 $1.11 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Sabre Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Sabre'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.

Sabre Cyclically Adjusted PB Ratio Chart

Sabre 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 - - 6.95 5.28 4.13

Sabre 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 3.96 3.23 4.32 4.13 2.17

Competitive Comparison of Sabre's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Sabre'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.


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

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

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



Sabre 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=3.08/1.11
=2.77

* 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.

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

For example, Sabre'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)
=-3.784/131.7762*131.7762
=-3.784

Current CPI (Mar. 2024) = 131.7762.

Sabre Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.193 100.560 0.253
201409 0.261 100.428 0.342
201412 0.313 99.070 0.416
201503 1.051 99.621 1.390
201506 1.134 100.684 1.484
201509 1.652 100.392 2.168
201512 1.756 99.792 2.319
201603 2.348 100.470 3.080
201606 2.552 101.688 3.307
201609 2.692 101.861 3.483
201612 2.250 101.863 2.911
201703 2.395 102.862 3.068
201706 2.314 103.349 2.950
201709 2.335 104.136 2.955
201712 2.527 104.011 3.202
201803 3.044 105.290 3.810
201806 3.186 106.317 3.949
201809 3.384 106.507 4.187
201812 3.512 105.998 4.366
201903 3.474 107.251 4.268
201906 3.335 108.070 4.067
201909 3.462 108.329 4.211
201912 3.431 108.420 4.170
202003 2.446 108.902 2.960
202006 1.148 108.767 1.391
202009 1.992 109.815 2.390
202012 0.876 109.897 1.050
202103 0.076 111.754 0.090
202106 -0.521 114.631 -0.599
202109 -1.127 115.734 -1.283
202112 -1.573 117.630 -1.762
202203 -1.370 121.301 -1.488
202206 -1.880 125.017 -1.982
202209 -2.263 125.227 -2.381
202212 -2.692 125.222 -2.833
202303 -2.939 127.348 -3.041
202306 -3.296 128.729 -3.374
202309 -3.412 129.860 -3.462
202312 -3.658 129.419 -3.725
202403 -3.784 131.776 -3.784

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.


Sabre  (NAS:SABR) 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.


Sabre Cyclically Adjusted PB Ratio Related Terms

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


Sabre (SABR) Business Description

Industry
Traded in Other Exchanges
Address
3150 Sabre Drive, Southlake, TX, USA, 76092
Sabre holds the number-two air booking volume share in the global distribution system industry. The travel solutions segment represented 91% of total 2022 revenue, split between distribution (70% of segment sales) and airline IT solutions (30%) revenue. The company also has a growing hotel IT solutions division (10% of revenue). Transaction fees, which are mostly tied to volume and not price, account for the bulk of sales and profits.
Executives
Sean E Menke officer: Executive Vice President C/O IHS INC., 15 INVERNESS WAY EAST, ENGLEWOOD CO 80112
Joe Difonzo officer: Executive Vice President 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Gail Mandel director 22 SYLVAN WAY, PARSIPPANY NJ 07054
Michael O Randolfi officer: Executive Vice President, CFO C/O ORBITZ WORLDWIDE, 500 W. MADISON, SUITE 1000, CHICAGO IL 60661
Kurt Joseph Ekert officer: President MORRIS CORPORATE CENTER III, 400 INTERPACE PKWY, BLDG A, PARSIPPANY NJ 07054
Ann J. Bruder officer: EVP and Chief Legal Officer 6565 N. MACARTHUR BLVD., SUITE 800, IRVING TX 75039
Chadwick Ho officer: EVP and Chief Legal Officer 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Garry R Wiseman officer: EVP and Chief Product Officer C/O NAUTILUS, INC., 17750 SE 6TH WAY, VANCOUVER WA 98683
Shawn G Williams officer: EVP and Chief People Officer 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Cem Tanyel officer: EVP & Pres. Airline Solutions 3150 SABRE DRIVE, SOUTHLAKE TX 76092
David J Shirk officer: Executive Vice President C/O SABRE CORPORATION, 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Phyllis Newhouse director 3150 SABRE DRIVE, SOUTHLAKE TX 76092
Wendi Christine Sturgis director C/O THE CONTAINER STORE GROUP, INC., 500 FREEPORT PARKWAY, COPPELL TX 75019
John C Siciliano director C/O BKF CAPITAL GROUP, INC., ONE ROCKEFELLER PLAZA, NEW YORK NY 10020
Judson Wade Jones officer: Executive Vice President 3150 SABRE DRIVE, SOUTHLAKE TX 76092