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Blacklinefety (TSX:BLN) Cyclically Adjusted PB Ratio : 6.23 (As of Jun. 10, 2024)


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What is Blacklinefety Cyclically Adjusted PB Ratio?

As of today (2024-06-10), Blacklinefety's current share price is C$4.05. Blacklinefety's Cyclically Adjusted Book per Share for the quarter that ended in Jan. 2024 was C$0.65. Blacklinefety's Cyclically Adjusted PB Ratio for today is 6.23.

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

TSX:BLN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.66   Med: 11.93   Max: 18.48
Current: 6.2

During the past years, Blacklinefety's highest Cyclically Adjusted PB Ratio was 18.48. The lowest was 2.66. And the median was 11.93.

TSX:BLN's Cyclically Adjusted PB Ratio is ranked worse than
81.01% of 1422 companies
in the Software industry
Industry Median: 2.5 vs TSX:BLN: 6.20

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.

Blacklinefety's adjusted book value per share data for the three months ended in Jan. 2024 was C$0.386. 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 C$0.65 for the trailing ten years ended in Jan. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


Blacklinefety Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Blacklinefety'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.

Blacklinefety Cyclically Adjusted PB Ratio Chart

Blacklinefety Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.71 13.54 12.79 2.61 5.02

Blacklinefety Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3.79 4.35 6.06 5.02 6.28

Competitive Comparison of Blacklinefety's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Blacklinefety'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.


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

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

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



Blacklinefety 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=4.05/0.65
=6.23

* 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.

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

For example, Blacklinefety's adjusted Book Value per Share data for the three months ended in Jan. 2024 was:

Adj_Book=Book Value per Share/CPI of Jan. 2024 (Change)*Current CPI (Jan. 2024)
=0.386/125.0724*125.0724
=0.386

Current CPI (Jan. 2024) = 125.0724.

Blacklinefety Quarterly Data

Book Value per Share CPI Adj_Book
201404 0.240 98.920 0.303
201407 0.190 99.315 0.239
201410 0.150 99.473 0.189
201501 0.112 98.209 0.143
201504 0.261 99.710 0.327
201507 0.238 100.579 0.296
201510 0.193 100.500 0.240
201601 0.154 100.184 0.192
201604 0.088 101.370 0.109
201607 0.248 101.844 0.305
201610 0.179 102.002 0.219
201701 0.138 102.318 0.169
201704 0.527 103.029 0.640
201707 0.464 103.029 0.563
201710 0.422 103.424 0.510
201801 0.538 104.056 0.647
201804 0.511 105.320 0.607
201807 0.466 106.110 0.549
201810 0.984 105.952 1.162
201901 0.954 105.557 1.130
201904 0.915 107.453 1.065
201907 0.868 108.243 1.003
201910 0.823 107.927 0.954
202001 0.768 108.085 0.889
202004 0.743 107.216 0.867
202007 0.715 108.401 0.825
202010 1.222 108.638 1.407
202101 1.148 109.192 1.315
202104 1.012 110.851 1.142
202107 0.845 112.431 0.940
202110 1.218 113.695 1.340
202201 1.016 114.801 1.107
202204 0.797 118.357 0.842
202207 0.554 120.964 0.573
202210 0.727 121.517 0.748
202301 0.644 121.596 0.662
202304 0.565 123.571 0.572
202307 0.496 124.914 0.497
202310 0.458 125.310 0.457
202401 0.386 125.072 0.386

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.


Blacklinefety  (TSX:BLN) 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.


Blacklinefety Cyclically Adjusted PB Ratio Related Terms

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


Blacklinefety (TSX:BLN) Business Description

Industry
Traded in Other Exchanges
Address
803-24 Avenue S.E., Unit 100, Calgary, AB, CAN, T2G 1P5
Blackline Safety Corp is a connected safety monitoring technology company. The company develops, manufactures, and markets products and services that empower businesses with real-time safety insights to manage emergency responses, evacuations, and gas detection compliance programs. Its operating segments include, Product segment and Service segment which generates the majority of the revenue for the company. Service revenues relate to connectivity, monitoring and data services that it provides to the customers of its safety devices and includes access to the Blackline Safety Cloud, compliance and analytics reports, SOC monitoring, two-way voice functionality and push to talk capability. Geographically, it derives revenue from Canada, Europe, United States and Rest of the World.
Executives
Kevin Joseph Meyers Senior Officer

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