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TSS (TSSI) Cyclically Adjusted PB Ratio : 28.29 (As of May. 26, 2024)


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What is TSS Cyclically Adjusted PB Ratio?

As of today (2024-05-26), TSS's current share price is $1.98. TSS's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $0.07. TSS's Cyclically Adjusted PB Ratio for today is 28.29.

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

TSSI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.03   Med: 3.17   Max: 28.29
Current: 27.1

During the past years, TSS's highest Cyclically Adjusted PB Ratio was 28.29. The lowest was 0.03. And the median was 3.17.

TSSI's Cyclically Adjusted PB Ratio is ranked worse than
95.79% of 1355 companies
in the Software industry
Industry Median: 2.61 vs TSSI: 27.10

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.

TSS's adjusted book value per share data for the three months ended in Mar. 2024 was $0.168. 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 $0.07 for the trailing ten years ended in Mar. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TSS Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TSS'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.

TSS Cyclically Adjusted PB Ratio Chart

TSS 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 7.40 3.88 3.57 5.82 3.69

TSS 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 5.90 4.62 5.21 3.69 8.63

Competitive Comparison of TSS's Cyclically Adjusted PB Ratio

For the Information Technology Services subindustry, TSS'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.


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

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

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



TSS 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=1.98/0.07
=28.29

* 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.

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

For example, TSS'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)
=0.168/131.7762*131.7762
=0.168

Current CPI (Mar. 2024) = 131.7762.

TSS Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.087 100.560 0.114
201409 0.069 100.428 0.091
201412 0.062 99.070 0.082
201503 0.052 99.621 0.069
201506 -0.016 100.684 -0.021
201509 -0.046 100.392 -0.060
201512 -0.038 99.792 -0.050
201603 -0.108 100.470 -0.142
201606 -0.110 101.688 -0.143
201609 -0.103 101.861 -0.133
201612 -0.092 101.863 -0.119
201703 -0.075 102.862 -0.096
201706 -0.075 103.349 -0.096
201709 -0.048 104.136 -0.061
201712 -0.020 104.011 -0.025
201803 -0.011 105.290 -0.014
201806 0.013 106.317 0.016
201809 0.059 106.507 0.073
201812 0.148 105.998 0.184
201903 0.141 107.251 0.173
201906 0.138 108.070 0.168
201909 0.137 108.329 0.167
201912 0.163 108.420 0.198
202003 0.137 108.902 0.166
202006 0.084 108.767 0.102
202009 0.133 109.815 0.160
202012 0.177 109.897 0.212
202103 0.140 111.754 0.165
202106 0.120 114.631 0.138
202109 0.128 115.734 0.146
202112 0.117 117.630 0.131
202203 0.106 121.301 0.115
202206 0.151 125.017 0.159
202209 0.183 125.227 0.193
202212 0.136 125.222 0.143
202303 0.106 127.348 0.110
202306 0.127 128.729 0.130
202309 0.142 129.860 0.144
202312 0.163 129.419 0.166
202403 0.168 131.776 0.168

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.


TSS  (OTCPK:TSSI) 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.


TSS Cyclically Adjusted PB Ratio Related Terms

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


TSS (TSSI) Business Description

Industry
Traded in Other Exchanges
N/A
Address
110 East Old Settlers Road, Round Rock, TX, USA, 78664
TSS Inc provides various services for planning, design, development, and maintenance of mission-critical facilities and information infrastructure, as well as integration services. Its services consist of technology consulting, design and engineering, project management, systems integration, systems installation, and facilities management. Its Facilities unit which is involved in the design, project management and maintenance of data center and mission-critical business operations, and Systems Integration unit that integrates IT equipment for Original Equipment Manufacturer vendors and customers to use inside data center environments, including modular data centers. The activities are organized into two segments: facilities, and systems integration. It generates revenue from United States.
Executives
Darryll E Dewan director, officer: President and CEO 4400 VIA ESPERANZA, SANTA BARBARA CA 93110
Richard M. Metzler director 1805 WEST AVENUE, AUSTIN TX 78701
Matt Crichton officer: Sr. V.P., Business Development 101 LOCHINVAR COURT, CARY NC 27511
Kieran Brennan officer: Sr. V.P., Sales & Marketing 5131 BRIARGROVE LANE, DALLAS TX 75287
Gerard J Gallagher director, 10 percent owner, officer: President and COO 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Glen Ikeda 10 percent owner P.O. BOX 3306, AUBURN CA 95604
Peter H Woodward director 30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
John K Penver officer: Interim CFO 3709 HUMBLE COVE, AUSTIN TX 78730
Martin T. Olsen officer: Exec. VP, Sales & Marketing 2128 W. BRAKER LANE BK12, AUSTIN TX 78758
Thomas P Rosato director, 10 percent owner, officer: Chief Executive Officer 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Maura Mcnerney officer: Chief Financial Officer 7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Ken Schwarz officer: Chief Financial Officer 14901 BOGLE DRIVE, SUITE 300, CHANTILLY VA 20151
Daniel J Phelps director 1001 O'BRIEN DRIVE, MENLO PARK CA 94025
Anthony Angelini director, officer: Chief Executive Officer
Tarsier Nanocap Value Fund, Lp 10 percent owner, other: see footnote #1 C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022