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TSR (TSRI) Cyclically Adjusted PB Ratio : 1.35 (As of Apr. 27, 2024)


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What is TSR Cyclically Adjusted PB Ratio?

As of today (2024-04-27), TSR's current share price is $7.65. TSR's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 was $5.66. TSR's Cyclically Adjusted PB Ratio for today is 1.35.

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

TSRI' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.42   Med: 0.91   Max: 2.89
Current: 1.29

During the past years, TSR's highest Cyclically Adjusted PB Ratio was 2.89. The lowest was 0.42. And the median was 0.91.

TSRI's Cyclically Adjusted PB Ratio is ranked better than
72.75% of 1288 companies
in the Software industry
Industry Median: 2.495 vs TSRI: 1.29

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.

TSR's adjusted book value per share data for the three months ended in Feb. 2024 was $8.155. 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 $5.66 for the trailing ten years ended in Feb. 2024.

Shiller PE for Stocks: The True Measure of Stock Valuation


TSR Cyclically Adjusted PB Ratio Historical Data

The historical data trend for TSR'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.

TSR Cyclically Adjusted PB Ratio Chart

TSR Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.66 1.66 1.45 1.18

TSR Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 1.67 1.18 1.53 1.50 1.49

Competitive Comparison of TSR's Cyclically Adjusted PB Ratio

For the Software - Application subindustry, TSR'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.


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

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

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



TSR 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=7.65/5.66
=1.35

* 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.

TSR's Cyclically Adjusted Book per Share for the quarter that ended in Feb. 2024 is calculated as:

For example, TSR's adjusted Book Value per Share data for the three months ended in Feb. 2024 was:

Adj_Book=Book Value per Share/CPI of Feb. 2024 (Change)*Current CPI (Feb. 2024)
=8.155/129.4194*129.4194
=8.155

Current CPI (Feb. 2024) = 129.4194.

TSR Quarterly Data

Book Value per Share CPI Adj_Book
201405 4.505 100.373 5.809
201408 4.518 100.352 5.827
201411 4.590 99.635 5.962
201502 4.547 99.032 5.942
201505 4.604 100.333 5.939
201508 4.672 100.548 6.014
201511 4.733 100.135 6.117
201602 4.721 100.040 6.107
201605 4.807 101.355 6.138
201608 4.883 101.617 6.219
201611 4.947 101.829 6.287
201702 4.912 102.779 6.185
201705 3.944 103.256 4.943
201708 4.016 103.587 5.018
201711 4.131 104.072 5.137
201802 4.122 105.052 5.078
201805 4.192 106.148 5.111
201808 4.211 106.383 5.123
201811 4.161 106.338 5.064
201902 3.817 106.649 4.632
201905 3.511 108.048 4.205
201908 3.173 108.245 3.794
201911 3.204 108.519 3.821
202002 2.723 109.139 3.229
202005 2.937 108.175 3.514
202008 2.935 109.662 3.464
202011 2.809 109.793 3.311
202102 2.684 110.968 3.130
202105 2.751 113.576 3.135
202108 6.104 115.421 6.844
202111 6.318 117.269 6.973
202202 6.625 119.703 7.163
202205 6.738 123.323 7.071
202208 7.001 124.958 7.251
202211 7.343 125.607 7.566
202302 7.322 126.928 7.466
202305 7.555 128.314 7.620
202308 7.821 129.538 7.814
202311 8.048 129.548 8.040
202402 8.155 129.419 8.155

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.


TSR  (NAS:TSRI) 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.


TSR Cyclically Adjusted PB Ratio Related Terms

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


TSR (TSRI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TSR Inc (NAS:TSRI) » Definitions » Cyclically Adjusted PB Ratio
Traded in Other Exchanges
N/A
Address
400 Oser Avenue, Suite 150, Hauppauge, NY, USA, 11788
TSR Inc is primarily engaged in the business of providing contract computer programming services to its customers. The company offers technical computer personnel to supplement its in-house information technology capabilities. It also gives staffing capabilities in the areas of mainframe and mid-range computer operations, personal computers and client-server support, internet and e-commerce operations, voice and data communications and helps desk support. Additionally, the company renders services on day-to-day operations, special projects, and on a short-term or long-term basis. It caters to various industries such as insurance, pharmaceutical and biotechnology, publishing and new media, financial services and project utilities.
Executives
Howard Timothy Eriksen director 567 WILDROSE CIRCLE, LYNDEN WA 98264
Robert E Fitzgerald director 2204 VAQUERO ESTATES BLVD, WESTLAKE TX 76262
Bradley M Tirpak director 50 ORCHARD ST., NEW YORK NY 10002
Fintech Consulting, Llc 10 percent owner 120 S WOOD AVE, SUITE 300, ISELIN NJ 08830
Thomas C Salerno officer: Chief Executive Officer 600 WEST SADDLE RIVER ROAD, UPPER SADDLE RIVER NJ 07548
Ira Cohen director
Zeff Capital, Lp 10 percent owner 400 S. MCCADDEN PL., LOS ANGELES CA 90020
Joseph Pennacchio director
Kelly William J. Jr. director 11 CARNEGIE AVENUE, COLD HARBOR NY 11724
Joseph F Hughes director, 10 percent owner, officer: President and CEO C/O TSR INC, 400 OSER AVE #150, HAUPPAUGE NY 11788
Winifred Hughes 10 percent owner 1278 RIDGE ROAD, LAUREL HOLLOW NY 11791
Eric M Stein director 15 HIGHLAND PLACE, BABYLON NY 11702
Regina Dowd director 275 FLINTLOCK ROAD, SOUTHPORT CT 06890
Brian Mangan director 45 DUNE COURT, NORTHPORT NY 11768
Christopher J Hughes director C/O TSR INC, 400 OSER AVE #150, HAUPPAUGE NY 11788

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