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SS&C Technologies Holdings (BSP:S1SN34) Cyclically Adjusted Book per Share : R$16.78 (As of Mar. 2024)


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What is SS&C Technologies Holdings 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.

SS&C Technologies Holdings's adjusted book value per share for the three months ended in Mar. 2024 was R$21.603. 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 R$16.78 for the trailing ten years ended in Mar. 2024.

During the past 12 months, SS&C Technologies Holdings's average Cyclically Adjusted Book Growth Rate was 12.30% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 16.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was 16.00% 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 SS&C Technologies Holdings was 17.00% per year. The lowest was 13.50% per year. And the median was 16.10% per year.

As of today (2024-06-05), SS&C Technologies Holdings's current stock price is R$52.20. SS&C Technologies Holdings's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was R$16.78. SS&C Technologies Holdings's Cyclically Adjusted PB Ratio of today is 3.11.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of SS&C Technologies Holdings was 6.74. The lowest was 2.53. And the median was 4.94.


SS&C Technologies Holdings Cyclically Adjusted Book per Share Historical Data

The historical data trend for SS&C Technologies Holdings'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.

SS&C Technologies Holdings Cyclically Adjusted Book per Share Chart

SS&C Technologies Holdings Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 10.60 14.44 14.93 15.70

SS&C Technologies Holdings Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 14.31 14.54 17.01 15.70 16.78

Competitive Comparison of SS&C Technologies Holdings's Cyclically Adjusted Book per Share

For the Software - Application subindustry, SS&C Technologies Holdings'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.


SS&C Technologies Holdings's Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, SS&C Technologies Holdings's Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where SS&C Technologies Holdings's Cyclically Adjusted PB Ratio falls into.



SS&C Technologies Holdings 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, SS&C Technologies Holdings's adjusted Book Value per Share data for the three months ended in Mar. 2024 was:

Adj_Book= Book Value per Share /CPI of Mar. 2024 (Change)*Current CPI (Mar. 2024)
=21.603/131.7762*131.7762
=21.603

Current CPI (Mar. 2024) = 131.7762.

SS&C Technologies Holdings Quarterly Data

Book Value per Share CPI Adj_Book
201406 2.934 100.560 3.845
201409 3.093 100.428 4.058
201412 3.522 99.070 4.685
201503 4.148 99.621 5.487
201506 5.678 100.684 7.431
201509 6.949 100.392 9.121
201512 6.915 99.792 9.131
201603 6.654 100.470 8.727
201606 6.166 101.688 7.990
201609 5.950 101.861 7.697
201612 6.218 101.863 8.044
201703 5.952 102.862 7.625
201706 6.470 103.349 8.250
201709 6.361 104.136 8.049
201712 7.143 104.011 9.050
201803 7.406 105.290 9.269
201806 11.027 106.317 13.668
201809 12.029 106.507 14.883
201812 11.819 105.998 14.693
201903 11.986 107.251 14.727
201906 12.274 108.070 14.966
201909 13.087 108.329 15.920
201912 13.746 108.420 16.707
202003 16.178 108.902 19.576
202006 17.831 108.767 21.603
202009 18.933 109.815 22.719
202012 19.028 109.897 22.816
202103 21.062 111.754 24.835
202106 19.125 114.631 21.985
202109 20.275 115.734 23.085
202112 22.698 117.630 25.428
202203 20.103 121.301 21.839
202206 19.978 125.017 21.058
202209 19.869 125.227 20.908
202212 21.052 125.222 22.154
202303 21.202 127.348 21.939
202306 20.159 128.729 20.636
202309 20.433 129.860 20.735
202312 20.994 129.419 21.376
202403 21.603 131.776 21.603

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


SS&C Technologies Holdings  (BSP:S1SN34) 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.

SS&C Technologies Holdings's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=52.20/16.78
=3.11

* 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 SS&C Technologies Holdings was 6.74. The lowest was 2.53. And the median was 4.94.


Be Aware

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


SS&C Technologies Holdings Cyclically Adjusted Book per Share Related Terms

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


SS&C Technologies Holdings (BSP:S1SN34) Business Description

Traded in Other Exchanges
Address
80 Lamberton Road, Windsor, CT, USA, 06095
SS&C Technologies provides software products and software-enabled services to a variety of customers primarily in financial services but also healthcare firms. SS&C GlobeOp provides fund administration services to alternative and traditional asset managers. In addition, SS&C provides portfolio accounting, portfolio management, trading, banking/lending, and other software to asset managers, banks, and financial advisors. SS&C's purchase of Intralinks makes it a leading player in Virtual Data Room solutions. With its purchase of DST Systems, SS&C gained a foothold in the healthcare industry with pharmacy health management solutions and medical claim administration services.

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