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Scryb (XCNQ:SCYB) Cyclically Adjusted PB Ratio : 0.60 (As of Jun. 09, 2024)


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What is Scryb Cyclically Adjusted PB Ratio?

As of today (2024-06-09), Scryb's current share price is C$0.03. Scryb's Cyclically Adjusted Book per Share for the quarter that ended in Dec. 2023 was C$0.05. Scryb's Cyclically Adjusted PB Ratio for today is 0.60.

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

XCNQ:SCYB' s Cyclically Adjusted PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.2   Max: 15.75
Current: 0.64

During the past years, Scryb's highest Cyclically Adjusted PB Ratio was 15.75. The lowest was 0.08. And the median was 0.20.

XCNQ:SCYB's Cyclically Adjusted PB Ratio is ranked better than
85.14% of 1420 companies
in the Software industry
Industry Median: 2.54 vs XCNQ:SCYB: 0.64

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.

Scryb's adjusted book value per share data for the three months ended in Dec. 2023 was C$0.024. 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$0.05 for the trailing ten years ended in Dec. 2023.

Shiller PE for Stocks: The True Measure of Stock Valuation


Scryb Cyclically Adjusted PB Ratio Historical Data

The historical data trend for Scryb'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.

Scryb Cyclically Adjusted PB Ratio Chart

Scryb Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Cyclically Adjusted PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 7.44 7.88 3.04 1.10

Scryb 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 3.47 2.64 1.84 1.10 0.43

Competitive Comparison of Scryb's Cyclically Adjusted PB Ratio

For the Software - Infrastructure subindustry, Scryb'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.


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

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

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



Scryb 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.

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

Cyclically Adjusted PB Ratio=Share Price/ Cyclically Adjusted Book per Share
=0.03/0.05
=0.60

* 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.

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

For example, Scryb'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)
=0.024/125.0724*125.0724
=0.024

Current CPI (Dec. 2023) = 125.0724.

Scryb Quarterly Data

Book Value per Share CPI Adj_Book
201403 -0.029 98.604 -0.037
201406 0.052 99.473 0.065
201409 0.050 99.394 0.063
201412 0.077 98.367 0.098
201503 0.067 99.789 0.084
201506 0.065 100.500 0.081
201509 0.062 100.421 0.077
201512 0.061 99.947 0.076
201603 0.057 101.054 0.071
201606 0.052 102.002 0.064
201609 0.038 101.765 0.047
201612 0.038 101.449 0.047
201703 0.038 102.634 0.046
201706 0.036 103.029 0.044
201709 0.029 103.345 0.035
201712 0.038 103.345 0.046
201803 0.032 105.004 0.038
201806 0.053 105.557 0.063
201809 0.060 105.636 0.071
201812 0.048 105.399 0.057
201903 0.037 106.979 0.043
201906 0.035 107.690 0.041
201909 0.011 107.611 0.013
201912 0.005 107.769 0.006
202003 0.003 107.927 0.003
202006 0.000 108.401 0.000
202009 0.006 108.164 0.007
202012 0.005 108.559 0.006
202103 0.074 110.298 0.084
202106 0.081 111.720 0.091
202109 0.070 112.905 0.078
202112 0.063 113.774 0.069
202203 0.043 117.646 0.046
202206 0.033 120.806 0.034
202209 0.024 120.648 0.025
202212 0.034 120.964 0.035
202303 0.018 122.702 0.018
202306 0.028 124.203 0.028
202309 0.033 125.230 0.033
202312 0.024 125.072 0.024

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.


Scryb  (XCNQ:SCYB) 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.


Scryb Cyclically Adjusted PB Ratio Related Terms

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


Scryb (XCNQ:SCYB) Business Description

Industry
Traded in Other Exchanges
Address
65 International Boulevard, Suite 202, Etobicoke, ON, CAN, M9W6L9
Scryb Inc is a platform that powers businesses and technologies with applied intelligence, real-time analytics, and actionable insights. The platform boasts adaptability across diverse markets, from digital health and diagnostics to cybersecurity and manufacturing. The company's technologies include Cybeats, The Fionet (FRR), and Pharmatrac.
Executives
William Gordon Clark Kent Director, Senior Officer

Scryb (XCNQ:SCYB) Headlines