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CGI (STU:CJ5A) Cyclically Adjusted PB Ratio : 4.80 (As of May. 24, 2024)


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What is CGI Cyclically Adjusted PB Ratio?

As of today (2024-05-24), CGI's current share price is €95.86. CGI's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €19.96. CGI's Cyclically Adjusted PB Ratio for today is 4.80.

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

STU:CJ5A' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3.91   Med: 5.08   Max: 6.41
Current: 4.91

During the past years, CGI's highest Cyclically Adjusted PB Ratio was 6.41. The lowest was 3.91. And the median was 5.08.

STU:CJ5A's Cyclically Adjusted PB Ratio is ranked worse than
73.08% of 1352 companies
in the Software industry
Industry Median: 2.615 vs STU:CJ5A: 4.91

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.

CGI's adjusted book value per share data for the three months ended in Mar. 2024 was €25.995. 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 €19.96 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


CGI Cyclically Adjusted PB Ratio Historical Data

The historical data trend for CGI'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.

CGI Cyclically Adjusted PB Ratio Chart

CGI Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.03 4.70 4.93 4.15 4.79

CGI 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 4.92 5.13 4.79 5.00 5.13

Competitive Comparison of CGI's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, CGI'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.


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

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

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



CGI 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=95.86/19.96
=4.80

* 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.

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

For example, CGI'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)
=25.995/126.2576*126.2576
=25.995

Current CPI (Mar. 2024) = 126.2576.

CGI Quarterly Data

Book Value per Share CPI Adj_Book
201406 10.443 99.473 13.255
201409 11.248 99.394 14.288
201412 11.687 98.367 15.001
201503 12.830 99.789 16.233
201506 13.317 100.500 16.730
201509 13.218 100.421 16.619
201512 13.850 99.947 17.496
201603 13.426 101.054 16.775
201606 13.861 102.002 17.157
201609 14.416 101.765 17.886
201612 15.018 101.449 18.691
201703 15.080 102.634 18.551
201706 15.034 103.029 18.424
201709 14.769 103.345 18.043
201712 15.060 103.345 18.399
201803 15.064 105.004 18.113
201806 15.587 105.557 18.644
201809 15.733 105.636 18.804
201812 16.460 105.399 19.717
201903 16.858 106.979 19.896
201906 16.494 107.690 19.338
201909 17.562 107.611 20.605
201912 17.988 107.769 21.074
202003 16.913 107.927 19.785
202006 17.561 108.401 20.454
202009 17.954 108.164 20.957
202012 18.030 108.559 20.969
202103 17.710 110.298 20.273
202106 18.293 111.720 20.673
202109 19.081 112.905 21.338
202112 19.802 113.774 21.975
202203 20.321 117.646 21.809
202206 21.605 120.806 22.580
202209 23.162 120.648 24.239
202212 22.990 120.964 23.996
202303 23.269 122.702 23.943
202306 24.298 124.203 24.700
202309 24.682 125.230 24.884
202312 25.275 125.072 25.515
202403 25.995 126.258 25.995

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.


CGI  (STU:CJ5A) 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.


CGI Cyclically Adjusted PB Ratio Related Terms

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


CGI (STU:CJ5A) Business Description

Industry
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Address
1350 Rene-Levesque Boulevard West, 25th Floor, Montreal, QC, CAN, H3G 1T4
CGI Inc. is a Canada-based IT-services provider with an embedded position in North America and Europe. The company generates more than CAD 14 billion in annual revenue, employs over 90,000 personnel, and operates across 400 offices in 40 countries. CGI offers a broad portfolio of services such as consulting, systems integration, application maintenance, and business process services, or BPS. The company's largest vertical market is government, which contributes more than a third of group revenue.

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