GURUFOCUS.COM » STOCK LIST » Technology » Software » Proactis SA (XPAR:PROAC) » Definitions » Cyclically Adjusted PB Ratio

Proactis (XPAR:PROAC) Cyclically Adjusted PB Ratio : 0.27 (As of Jun. 11, 2024)


View and export this data going back to 2000. Start your Free Trial

What is Proactis Cyclically Adjusted PB Ratio?

As of today (2024-06-11), Proactis's current share price is €0.068. Proactis's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul22 was €0.25. Proactis's Cyclically Adjusted PB Ratio for today is 0.27.

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

XPAR:PROAC's Cyclically Adjusted PB Ratio is not ranked *
in the Software industry.
Industry Median: 2.5
* Ranked among companies with meaningful Cyclically Adjusted PB Ratio only.

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.

Proactis's adjusted book value per share data of for the fiscal year that ended in Jul22 was €0.136. 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 €0.25 for the trailing ten years ended in Jul22.

Shiller PE for Stocks: The True Measure of Stock Valuation


Proactis Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Proactis'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.

Proactis Cyclically Adjusted PB Ratio Chart

Proactis Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Jul18 Jul19 Jul20 Jul21 Jul22
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.35 0.30 0.56 0.51

Proactis Semi-Annual Data
Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23
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 - 0.56 - 0.51 -

Competitive Comparison of Proactis's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, Proactis'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.


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

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

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



Proactis 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.068/0.25
=0.27

* 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.

Proactis's Cyclically Adjusted Book per Share for the fiscal year that ended in Jul22 is calculated as:

For example, Proactis's adjusted Book Value per Share data for the fiscal year that ended in Jul22 was:

Adj_Book=Book Value per Share/CPI of Jul22 (Change)*Current CPI (Jul22)
=0.136/112.8700*112.8700
=0.136

Current CPI (Jul22) = 112.8700.

Proactis Annual Data

Book Value per Share CPI Adj_Book
201212 0.415 99.100 0.473
201312 0.416 99.800 0.470
201412 0.306 99.860 0.346
201512 0.165 100.040 0.186
201612 0.177 100.650 0.198
201807 0.000 103.280 0.000
201907 0.199 104.380 0.215
202007 0.120 105.190 0.129
202107 0.116 106.400 0.123
202207 0.136 112.870 0.136

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.


Proactis  (XPAR:PROAC) 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.


Proactis Cyclically Adjusted PB Ratio Related Terms

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


Proactis (XPAR:PROAC) Business Description

Industry
Traded in Other Exchanges
N/A
Address
28 Quai Gallieni, Suresnes, FRA, 92150
Proactis SA is involved in providing business software solutions to various organisations. It offers its solutions to Public Sector, Education, Retail, Financial Services, Not-for-Profit, Housing Authorities and Property and Facilities Management among others.

Proactis (XPAR:PROAC) Headlines

No Headlines