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PSI Software SE (XTER:PSAN) Cyclically Adjusted PB Ratio : 3.16 (As of Jun. 06, 2024)


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What is PSI Software SE Cyclically Adjusted PB Ratio?

As of today (2024-06-06), PSI Software SE's current share price is €20.80. PSI Software SE's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was €6.59. PSI Software SE's Cyclically Adjusted PB Ratio for today is 3.16.

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

XTER:PSAN' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 3   Med: 4.01   Max: 8.63
Current: 3.16

During the past years, PSI Software SE's highest Cyclically Adjusted PB Ratio was 8.63. The lowest was 3.00. And the median was 4.01.

XTER:PSAN's Cyclically Adjusted PB Ratio is ranked worse than
56.29% of 1407 companies
in the Software industry
Industry Median: 2.57 vs XTER:PSAN: 3.16

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.

PSI Software SE's adjusted book value per share data for the three months ended in Dec. 2023 was €7.000. 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 €6.59 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


PSI Software SE Cyclically Adjusted PB Ratio Historical Data

The historical data trend for PSI Software SE'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.

PSI Software SE Cyclically Adjusted PB Ratio Chart

PSI Software SE 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 4.12 4.72 8.28 3.62 3.84

PSI Software SE 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 3.62 4.26 5.07 3.74 3.84

Competitive Comparison of PSI Software SE's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, PSI Software SE'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.


PSI Software SE's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



PSI Software SE 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.

PSI Software SE's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=20.80/6.59
=3.16

* 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.

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

For example, PSI Software SE'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)
=7/123.7729*123.7729
=7.000

Current CPI (Dec. 2023) = 123.7729.

PSI Software SE Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.345 99.543 5.403
201406 4.371 99.543 5.435
201409 4.466 99.823 5.538
201412 4.351 99.543 5.410
201503 4.562 99.717 5.663
201506 4.587 100.417 5.654
201509 4.608 100.417 5.680
201512 4.660 99.717 5.784
201603 4.823 100.017 5.969
201606 4.675 100.717 5.745
201609 4.688 101.017 5.744
201612 4.808 101.217 5.879
201703 4.898 101.417 5.978
201706 4.681 102.117 5.674
201709 4.739 102.717 5.710
201712 5.128 102.617 6.185
201803 5.248 102.917 6.311
201806 5.183 104.017 6.167
201809 5.307 104.718 6.273
201812 5.526 104.217 6.563
201903 5.713 104.217 6.785
201906 5.561 105.718 6.511
201909 5.770 106.018 6.736
201912 6.029 105.818 7.052
202003 6.095 105.718 7.136
202006 6.161 106.618 7.152
202009 6.278 105.818 7.343
202012 6.398 105.518 7.505
202103 6.620 107.518 7.621
202106 6.557 108.486 7.481
202109 6.850 109.435 7.747
202112 7.311 110.384 8.198
202203 7.468 113.968 8.110
202206 7.006 115.760 7.491
202209 7.171 118.818 7.470
202212 7.686 119.345 7.971
202303 7.873 122.402 7.961
202306 6.605 123.140 6.639
202309 6.767 124.195 6.744
202312 7.000 123.773 7.000

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.


PSI Software SE  (XTER:PSAN) 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.


PSI Software SE Cyclically Adjusted PB Ratio Related Terms

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


PSI Software SE (XTER:PSAN) Business Description

Industry
Traded in Other Exchanges
Address
Dircksenstrasse 42- 44, Berlin, DEU, 10178
PSI Software AG is a software producer that has been a technological leader in process control and information systems. Its core business consists of process control and information systems for the management of energy and material flows in industries tailored to the electricity, gas, oil, and district heating sectors, Engineering, automobile, and automotive supply and logistics sectors. The company's segments include Energy Management which offers Intelligent solutions for utility companies in the electricity, gas, oil and water sectors; the Production Management segment provides software products and individual solutions for production planning, particularly tasks relating to production control and efficient logistics. It generates maximum revenue from the Energy Management segment.
Executives
Karsten Trippel Supervisory Board
Dr. Harald Schrimpf Board of Directors

PSI Software SE (XTER:PSAN) Headlines

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