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Enghouse Systems (TSX:ENGH) Cyclically Adjusted Book per Share : C$8.13 (As of Jul. 2024)


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What is Enghouse Systems Cyclically Adjusted Book per Share?

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

Enghouse Systems's adjusted book value per share for the three months ended in Jul. 2024 was C$10.559. 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 C$8.13 for the trailing ten years ended in Jul. 2024.

During the past 12 months, Enghouse Systems's average Cyclically Adjusted Book Growth Rate was 9.90% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 13.70% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 13.60% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was 11.60% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Cyclically Adjusted Book Growth Rate using Cyclically Adjusted Book per Share data.

During the past 13 years, the highest 3-Year average Cyclically Adjusted Book Growth Rate of Enghouse Systems was 14.40% per year. The lowest was 6.10% per year. And the median was 9.25% per year.

As of today (2024-12-03), Enghouse Systems's current stock price is C$29.47. Enghouse Systems's Cyclically Adjusted Book per Share for the quarter that ended in Jul. 2024 was C$8.13. Enghouse Systems's Cyclically Adjusted PB Ratio of today is 3.62.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enghouse Systems was 16.26. The lowest was 3.45. And the median was 8.37.


Enghouse Systems Cyclically Adjusted Book per Share Historical Data

The historical data trend for Enghouse Systems's Cyclically Adjusted Book per Share 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.

Enghouse Systems Cyclically Adjusted Book per Share Chart

Enghouse Systems Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.54 5.14 5.87 6.79 7.56

Enghouse Systems Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
Cyclically Adjusted Book per Share 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 7.40 7.56 7.67 7.92 8.13

Competitive Comparison of Enghouse Systems's Cyclically Adjusted Book per Share

For the Software - Application subindustry, Enghouse Systems'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.


Enghouse Systems's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



Enghouse Systems Cyclically Adjusted Book per Share Calculation

E10 is a concept invented by Prof. Robert Shiller, who uses E10 for his Shiller PE Ratio calculation. E10 is the average of the inflation adjusted earnings of a company over the past 10 years. The similar calculation is applied by GuruFocus to calculate the Cyclically Adjusted Book per Share and 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.

What is Cyclically Adjusted Book per Share? How do we calculate Cyclically Adjusted Book per Share?

Cyclically Adjusted Book per Share is the average of the inflation adjusted Book Value per Share of a company over the past 10 years. Let's use an example to explain.

If we want to calculate the Cyclically Adjusted Book per Share of Wal-Mart (WMT) for Dec. 31, 2010, we need to have the inflation data and the book value per share from 2001 through 2010.

We adjusted the 2001 book value per share data with the total inflation from 2001 through 2010 to the equivalent book value in 2010. If the total inflation from 2001 to 2010 is 40%, and Wal-Mart's book value is $1 a share in 2001, then the 2001's equivalent book value in 2010 is $1.4 a share. If Wal-Mart's book value is $1 again in 2002, and the total inflation from 2002 through 2010 is 35%, then the equivalent 2002 book value in 2010 is $1.35. So on and so forth, you get the equivalent book value per share of past 10 years. Then you add them together and divided the sum by the count to get 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.

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

Adj_Book= Book Value per Share /CPI of Jul. 2024 (Change)*Current CPI (Jul. 2024)
=10.559/128.0748*128.0748
=10.559

Current CPI (Jul. 2024) = 128.0748.

Enghouse Systems Quarterly Data

Book Value per Share CPI Adj_Book
201410 3.980 99.473 5.124
201501 4.166 98.209 5.433
201504 4.073 99.710 5.232
201507 4.399 100.579 5.602
201510 4.576 100.500 5.832
201601 4.850 100.184 6.200
201604 4.602 101.370 5.814
201607 4.698 101.844 5.908
201610 4.990 102.002 6.266
201701 5.017 102.318 6.280
201704 5.346 103.029 6.646
201707 5.257 103.029 6.535
201710 5.675 103.424 7.028
201801 5.768 104.056 7.099
201804 6.046 105.320 7.352
201807 6.220 106.110 7.508
201810 6.415 105.952 7.754
201901 6.695 105.557 8.123
201904 6.957 107.453 8.292
201907 6.948 108.243 8.221
201910 7.345 107.927 8.716
202001 7.640 108.085 9.053
202004 8.209 107.216 9.806
202007 8.706 108.401 10.286
202010 8.967 108.638 10.571
202101 7.630 109.192 8.950
202104 7.583 110.851 8.761
202107 7.890 112.431 8.988
202110 8.178 113.695 9.212
202201 8.488 114.801 9.469
202204 8.477 118.357 9.173
202207 8.386 120.964 8.879
202210 9.198 121.517 9.694
202301 9.464 121.596 9.968
202304 9.732 123.571 10.087
202307 9.590 124.914 9.833
202310 10.050 125.310 10.272
202401 10.069 125.072 10.311
202404 10.340 126.890 10.437
202407 10.559 128.075 10.559

Add all the adjusted book value per share together and divide the count will get our Cyclically Adjusted Book per Share.


Enghouse Systems  (TSX:ENGH) Cyclically Adjusted Book per Share Explanation

If a company grows much fast than inflation, Cyclically Adjusted Book per Share may underestimate the company's equity. Cyclically Adjusted PB Ratio can seem to be too high even the actual PB Ratio is low.

For the Cyclically Adjusted PB Ratio, the book value of the past 10 years are inflation-adjusted and averaged. The result is used for P/B calculation. Since it looks at the average over the last 10 years, the Cyclically Adjusted PB Ratio is also called CAPB Ratio.

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.

Enghouse Systems's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=29.47/8.13
=3.62

* 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.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of Enghouse Systems was 16.26. The lowest was 3.45. And the median was 8.37.


Be Aware

Cyclically Adjusted PB Ratio works better for cyclical companies. It gives you a better idea on the company's real book value.


Enghouse Systems Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of Enghouse Systems's Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Enghouse Systems Business Description

Industry
Traded in Other Exchanges
Address
80 Tiverton Court, Suite 800, Markham, ON, CAN, L3R 0G4
Enghouse Systems Ltd is a Canada-based provider of software and services to a variety of end markets. The firm's operations are organized in two segments namely, the Interactive Management Group and the Asset Management Group. It earns majority of its revenue from Interactive Management Group. The firm has operations in Canada, the United States, the United Kingdom, Europe, excluding Scandinavia, Germany, Asia-Pacific and other.
Executives
Vincent Mifsud Senior Officer
Robert Medved Senior Officer
Timothy Peters Senior Officer
Sam Anidjar Senior Officer
Salvatore Joseph Castiglione Senior Officer
Stephen Sadler 10% Security Holder, Director, Senior Officer
Lynette Corbett Senior Officer
Melissa Sonberg Director
Paul James Stoyan Director
Jane Mowat Director
Douglas Bryson Senior Officer
Reid Drury Director
Pierre Lassonde 10% Security Holder, Director
Eric Demirian Director
Sunil Gregory Diaz Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

Enghouse Systems Headlines

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