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P&I Personal & Informatik AG (XTER:PUI) Cyclically Adjusted PB Ratio : (As of May. 26, 2024)


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What is P&I Personal & Informatik AG Cyclically Adjusted PB Ratio?

Note: If the price history is too short, we do not calculate current Cyclically Adjusted PB Ratio for this stock. All the historical data is shown as the company's primary share's data instead.

Shiller PE for Stocks: The True Measure of Stock Valuation


P&I Personal & Informatik AG Cyclically Adjusted PB Ratio Historical Data

The historical data trend for P&I Personal & Informatik AG'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.

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P&I Personal & Informatik AG Cyclically Adjusted PB Ratio Chart

P&I Personal & Informatik AG Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Cyclically Adjusted PB Ratio
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P&I Personal & Informatik AG Quarterly Data
Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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Competitive Comparison of P&I Personal & Informatik AG's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, P&I Personal & Informatik AG'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.


P&I Personal & Informatik AG's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, P&I Personal & Informatik AG's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where P&I Personal & Informatik AG's Cyclically Adjusted PB Ratio falls into.



P&I Personal & Informatik AG 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.

P&I Personal & Informatik AG's Cyclically Adjusted Book per Share for the fiscal year that ended in Mar15 is calculated as:

For example, P&I Personal & Informatik AG's adjusted Book Value per Share data for the fiscal year that ended in Mar15 was:

Adj_Book=Book Value per Share/CPI of Mar15 (Change)*Current CPI (Mar15)
=6.705/99.7166*99.7166
=6.705

Current CPI (Mar15) = 99.7166.

P&I Personal & Informatik AG Annual Data

Book Value per Share CPI Adj_Book
200603 5.037 87.228 5.758
200703 3.228 88.907 3.620
200803 2.822 91.706 3.069
200903 3.890 92.079 4.213
201003 4.304 93.199 4.605
201103 4.928 95.065 5.169
201203 4.674 97.117 4.799
201303 5.225 98.516 5.289
201403 5.058 99.543 5.067
201503 6.705 99.717 6.705

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.


P&I Personal & Informatik AG  (XTER:PUI) 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.


P&I Personal & Informatik AG Cyclically Adjusted PB Ratio Related Terms

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P&I Personal & Informatik AG (XTER:PUI) Business Description

Traded in Other Exchanges
N/A
Address
P&I Personal & Informatik AG is a German holding Company engaged in the creation, sale and maintenance and dealings in Electronic Data Processing equipment and software.

P&I Personal & Informatik AG (XTER:PUI) Headlines