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ACI Worldwide (ACI Worldwide) Cyclically Adjusted PB Ratio : 3.50 (As of Apr. 28, 2024)


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What is ACI Worldwide Cyclically Adjusted PB Ratio?

As of today (2024-04-28), ACI Worldwide's current share price is $33.30. ACI Worldwide's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was $9.52. ACI Worldwide's Cyclically Adjusted PB Ratio for today is 3.50.

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

ACIW' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 2.1   Med: 5.61   Max: 7.99
Current: 3.5

During the past years, ACI Worldwide's highest Cyclically Adjusted PB Ratio was 7.99. The lowest was 2.10. And the median was 5.61.

ACIW's Cyclically Adjusted PB Ratio is ranked worse than
61.02% of 1288 companies
in the Software industry
Industry Median: 2.495 vs ACIW: 3.50

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.

ACI Worldwide's adjusted book value per share data for the three months ended in Dec. 2023 was $12.253. 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 $9.52 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


ACI Worldwide Cyclically Adjusted PB Ratio Historical Data

The historical data trend for ACI Worldwide'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.

ACI Worldwide Cyclically Adjusted PB Ratio Chart

ACI Worldwide 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 6.61 5.91 4.53 2.65 3.21

ACI Worldwide 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 2.65 3.02 2.53 2.40 3.21

Competitive Comparison of ACI Worldwide's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, ACI Worldwide'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.


ACI Worldwide's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



ACI Worldwide 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.

ACI Worldwide's Cyclically Adjusted PB Ratio for today is calculated as

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=33.30/9.52
=3.50

* 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.

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

For example, ACI Worldwide'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)
=12.253/129.4194*129.4194
=12.253

Current CPI (Dec. 2023) = 129.4194.

ACI Worldwide Quarterly Data

Book Value per Share CPI Adj_Book
201403 4.206 99.695 5.460
201406 4.406 100.560 5.670
201409 4.531 100.428 5.839
201412 5.028 99.070 6.568
201503 4.946 99.621 6.425
201506 5.081 100.684 6.531
201509 5.064 100.392 6.528
201512 5.498 99.792 7.130
201603 6.034 100.470 7.773
201606 5.933 101.688 7.551
201609 5.924 101.861 7.527
201612 6.434 101.863 8.175
201703 6.526 102.862 8.211
201706 6.414 103.349 8.032
201709 6.520 104.136 8.103
201712 6.530 104.011 8.125
201803 8.411 105.290 10.339
201806 8.126 106.317 9.892
201809 8.302 106.507 10.088
201812 9.027 105.998 11.022
201903 8.861 107.251 10.693
201906 9.021 108.070 10.803
201909 9.163 108.329 10.947
201912 9.742 108.420 11.629
202003 9.215 108.902 10.951
202006 9.373 108.767 11.153
202009 9.619 109.815 11.336
202012 10.303 109.897 12.133
202103 10.139 111.754 11.742
202106 10.032 114.631 11.326
202109 10.172 115.734 11.375
202112 10.756 117.630 11.834
202203 10.641 121.301 11.353
202206 10.572 125.017 10.944
202209 10.585 125.227 10.939
202212 11.041 125.222 11.411
202303 10.779 127.348 10.954
202306 10.797 128.729 10.855
202309 11.139 129.860 11.101
202312 12.253 129.419 12.253

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.


ACI Worldwide  (NAS:ACIW) 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.


ACI Worldwide Cyclically Adjusted PB Ratio Related Terms

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


ACI Worldwide (ACI Worldwide) Business Description

Industry
Traded in Other Exchanges
Address
2811 Ponce de Leon Boulevard, PH 1, Coral Gables, FL, USA, 33134
ACI Worldwide Inc develops, markets, and installs a portfolio of software products primarily focused on facilitating electronic payments. The firm also leverages its distribution network in the Americas; Europe, the Middle East, and Africa, or EMEA; and Asia-Pacific regions to sell software developed by third parties. ACI software products process payment transactions for retail banking clients, billers such as utilities and healthcare providers, and community banks and credit unions. ACI's customers are financial institutions all over the world, but most of the revenue is generated in the United States and EMEA regions.
Executives
Alessandro Silva officer: Chief Revenue Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Scott W Behrens officer: SVP, CAO and Controller 6060 COVENTRY DRIVE, ELKHORN NE 68022
Deborah L Guerra officer: Chief Product Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Warsop Thomas W Iii director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Ram Kumar Puppala officer: Chief Technology Officer 6060 COVENTRY DRIVE, ELKHORN NE 68022
Adalio T Sanchez director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Odilon Almeida officer: President and CEO 7001 EAST BELLEVIEW AVENUE, DENVER CO 80237
Didier R Lamouche director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Janet O Estep director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Jeremy Wilmot officer: EVP, Group President, AOP 6060 COVENTRY DRIVE, ELKHORN NE 68022
Mary P Harman director 6060 COVENTRY DRIVE, ELKHORN NE 68022
Samir Michael Zabaneh director 90 NASSAU STREET, 2ND FLOOR, HEARTLAND PAYMENT SYSTEMS, PRINCETON NJ 08542
Charles K Bobrinskoy director C/O INNERWORKINGS, INC., 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60654
Alvaro Monserrat officer: Chief Revenue Officer 2400 ACORN PALM ROAD, BOCA RATON FL 33432
Craig S Saks officer: Group President 6060 COVENTRY DRIVE, ELKHORN NE 68022