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Playgon Games (TSXV:DEAL) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 06, 2024)


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What is Playgon Games Cyclically Adjusted PB Ratio?

As of today (2024-06-06), Playgon Games's current share price is C$0.03. Playgon Games's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.05. Playgon Games's Cyclically Adjusted PB Ratio for today is 0.60.

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

TSXV:DEAL' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 2.18   Max: 13.2
Current: 0.67

During the past years, Playgon Games's highest Cyclically Adjusted PB Ratio was 13.20. The lowest was 0.40. And the median was 2.18.

TSXV:DEAL's Cyclically Adjusted PB Ratio is ranked better than
83.94% of 1407 companies
in the Software industry
Industry Median: 2.57 vs TSXV:DEAL: 0.67

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.

Playgon Games's adjusted book value per share data for the three months ended in Dec. 2023 was C$-0.053. 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$0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Playgon Games Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Playgon Games'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.

Playgon Games Cyclically Adjusted PB Ratio Chart

Playgon Games 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 2.92 9.85 6.74 1.27 0.89

Playgon Games Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.27 1.99 1.43 1.70 0.89

Competitive Comparison of Playgon Games's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Playgon Games'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.


Playgon Games's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Playgon Games 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.

Playgon Games's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.05
=0.60

* 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.

Playgon Games's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 is calculated as:

For example, Playgon Games's adjusted Book Value per Share data for the three months ended in Dec. 2023 was:

Adj_Book=Book Value per Share/CPI of Dec. 2023 (Change)*Current CPI (Dec. 2023)
=-0.053/125.0724*125.0724
=-0.053

Current CPI (Dec. 2023) = 125.0724.

Playgon Games Quarterly Data

Book Value per Share CPI Adj_Book
201403 0.019 98.604 0.024
201406 0.034 99.473 0.043
201409 0.033 99.394 0.042
201412 0.020 98.367 0.025
201503 0.017 99.789 0.021
201506 0.015 100.500 0.019
201509 0.014 100.421 0.017
201512 0.011 99.947 0.014
201603 0.006 101.054 0.007
201606 0.094 102.002 0.115
201609 0.146 101.765 0.179
201612 0.150 101.449 0.185
201703 0.141 102.634 0.172
201706 0.129 103.029 0.157
201709 0.122 103.345 0.148
201712 0.112 103.345 0.136
201803 0.089 105.004 0.106
201806 0.069 105.557 0.082
201809 0.062 105.636 0.073
201812 -0.003 105.399 -0.004
201903 -0.010 106.979 -0.012
201906 -0.006 107.690 -0.007
201909 -0.008 107.611 -0.009
201912 -0.016 107.769 -0.019
202003 -0.021 107.927 -0.024
202006 0.069 108.401 0.080
202009 0.058 108.164 0.067
202012 0.050 108.559 0.058
202103 0.061 110.298 0.069
202106 0.046 111.720 0.051
202109 0.031 112.905 0.034
202112 0.054 113.774 0.059
202203 0.040 117.646 0.043
202206 0.023 120.806 0.024
202209 0.007 120.648 0.007
202212 -0.010 120.964 -0.010
202303 -0.025 122.702 -0.025
202306 -0.039 124.203 -0.039
202309 -0.053 125.230 -0.053
202312 -0.053 125.072 -0.053

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.


Playgon Games  (TSXV:DEAL) 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.


Playgon Games Cyclically Adjusted PB Ratio Related Terms

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


Playgon Games (TSXV:DEAL) Business Description

Industry
Traded in Other Exchanges
Address
675 West Hastings Street, Suite 1500, Vancouver, BC, CAN, V6B 1N2
Playgon Games Inc is a technology company. It focuses on developing and licensing digital content for the growing iGaming market. The company provides a multi-tenant gateway that allows online operators the ability to offer customers iGaming software solutions. Its current software platform includes Live Dealer Casino, E-Table games, and Daily Fantasy Sports. The firm's products are turn-key solutions for online casinos, sportsbook operators, land-based operators, media groups, and database companies.
Executives
Steve Baker Senior Officer

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