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Syntel (Syntel) Cyclically Adjusted PB Ratio : (As of May. 06, 2024)


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What is Syntel Cyclically Adjusted PB Ratio?

Shiller PE for Stocks: The True Measure of Stock Valuation


Syntel Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Syntel'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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Syntel Cyclically Adjusted PB Ratio Chart

Syntel Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Cyclically Adjusted PB Ratio
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Syntel Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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Competitive Comparison of Syntel's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, Syntel'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.


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

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

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



Syntel 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.

Syntel's Cyclically Adjusted Book per Share for the quarter that ended in Jun. 2018 is calculated as:

For example, Syntel's adjusted Book Value per Share data for the three months ended in Jun. 2018 was:

Adj_Book=Book Value per Share/CPI of Jun. 2018 (Change)*Current CPI (Jun. 2018)
=0.781/106.3168*106.3168
=0.781

Current CPI (Jun. 2018) = 106.3168.

Syntel Quarterly Data

Book Value per Share CPI Adj_Book
200809 2.804 92.307 3.230
200812 2.732 88.697 3.275
200903 2.932 89.744 3.473
200906 3.396 91.003 3.967
200909 3.732 91.120 4.354
200912 4.229 91.111 4.935
201003 4.612 91.821 5.340
201006 4.801 91.962 5.550
201009 5.331 92.162 6.150
201012 5.440 92.474 6.254
201103 5.756 94.283 6.491
201106 6.048 95.235 6.752
201109 5.858 95.727 6.506
201112 5.932 95.213 6.624
201203 6.596 96.783 7.246
201206 6.518 96.819 7.157
201209 7.567 97.633 8.240
201212 6.789 96.871 7.451
201303 7.377 98.209 7.986
201306 7.300 98.518 7.878
201309 7.670 98.790 8.254
201312 8.652 98.326 9.355
201403 9.678 99.695 10.321
201406 10.337 100.560 10.929
201409 10.837 100.428 11.472
201412 11.318 99.070 12.146
201503 11.957 99.621 12.761
201506 12.500 100.684 13.199
201509 13.009 100.392 13.777
201512 13.800 99.792 14.702
201603 14.452 100.470 15.293
201606 14.972 101.688 15.654
201609 -2.624 101.861 -2.739
201612 -2.189 101.863 -2.285
201703 -1.628 102.862 -1.683
201706 -1.162 103.349 -1.195
201709 -0.768 104.136 -0.784
201712 -0.156 104.011 -0.159
201803 0.411 105.290 0.415
201806 0.781 106.317 0.781

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.


Syntel  (NAS:SYNT) 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.


Syntel Cyclically Adjusted PB Ratio Related Terms

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


Syntel (Syntel) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Syntel is a global provider of digital transformation, information technology, and knowledge process. The company earns approximately half of its revenue from customers in the banking and financial services industry. Syntel provides a broad range of technology solutions to its customers, including managed IT services, digital one, and KPO services. Managed services provides complete software applications development, maintenance, digital modernization, IT infrastructure, cloud, and migration services. Syntel's Digital One service line provides a range of consulting and implementation services built around enterprise architecture, data warehousing and business intelligence, enterprise application integration, web and mobile applications, and "Internet of Things".
Executives
Bharat Desai director, 10 percent owner, officer: Co-Chairman 2800, SUITE 300, BLOOMFIELD MI 48304
Neerja Sethi director, 10 percent owner 2800, SUITE 300, BLOOMFIELD MI 48304
Prashant Ranade director, officer: Co-Chairman 507 PLYMOUTH AVENUE, NE, GRAND RAPIDS MI 49505
Mrkonic George R Jr director C/O BORDERS GROUP INC, 100 PHOENIX DRIVE, ANN ARBOR MI 48108

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