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NETSOL Technologies (FRA:NS9B) Cyclically Adjusted Book per Share : €5.54 (As of Mar. 2024)


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What is NETSOL Technologies 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.

NETSOL Technologies's adjusted book value per share for the three months ended in Mar. 2024 was €2.848. 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 €5.54 for the trailing ten years ended in Mar. 2024.

During the past 12 months, NETSOL Technologies's average Cyclically Adjusted Book Growth Rate was -7.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was -3.80% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -5.10% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -6.80% 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 NETSOL Technologies was -2.50% per year. The lowest was -26.30% per year. And the median was -7.60% per year.

As of today (2024-06-09), NETSOL Technologies's current stock price is €2.36. NETSOL Technologies's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €5.54. NETSOL Technologies's Cyclically Adjusted PB Ratio of today is 0.43.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of NETSOL Technologies was 1.16. The lowest was 0.25. And the median was 0.50.


NETSOL Technologies Cyclically Adjusted Book per Share Historical Data

The historical data trend for NETSOL Technologies'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.

NETSOL Technologies Cyclically Adjusted Book per Share Chart

NETSOL Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.70 6.45 6.25 6.48 5.76

NETSOL Technologies 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 5.79 5.76 5.86 5.52 5.54

Competitive Comparison of NETSOL Technologies's Cyclically Adjusted Book per Share

For the Software - Application subindustry, NETSOL Technologies'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.


NETSOL Technologies's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



NETSOL Technologies 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, NETSOL Technologies'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)
=2.848/131.7762*131.7762
=2.848

Current CPI (Mar. 2024) = 131.7762.

NETSOL Technologies Quarterly Data

Book Value per Share CPI Adj_Book
201406 5.038 100.560 6.602
201409 4.921 100.428 6.457
201412 5.048 99.070 6.715
201503 5.579 99.621 7.380
201506 5.183 100.684 6.784
201509 5.069 100.392 6.654
201512 5.268 99.792 6.956
201603 5.197 100.470 6.816
201606 5.356 101.688 6.941
201609 5.287 101.861 6.840
201612 5.495 101.863 7.109
201703 5.478 102.862 7.018
201706 5.042 103.349 6.429
201709 4.690 104.136 5.935
201712 4.660 104.011 5.904
201803 4.559 105.290 5.706
201806 4.673 106.317 5.792
201809 4.304 106.507 5.325
201812 4.350 105.998 5.408
201903 4.478 107.251 5.502
201906 4.406 108.070 5.373
201909 4.450 108.329 5.413
201912 4.591 108.420 5.580
202003 4.415 108.902 5.342
202006 4.411 108.767 5.344
202009 3.897 109.815 4.676
202012 3.871 109.897 4.642
202103 3.985 111.754 4.699
202106 4.027 114.631 4.629
202109 3.977 115.734 4.528
202112 4.178 117.630 4.680
202203 4.120 121.301 4.476
202206 3.815 125.017 4.021
202209 3.770 125.227 3.967
202212 3.372 125.222 3.548
202303 3.118 127.348 3.226
202306 2.750 128.729 2.815
202309 2.757 129.860 2.798
202312 2.774 129.419 2.825
202403 2.848 131.776 2.848

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


NETSOL Technologies  (FRA:NS9B) 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.

NETSOL Technologies's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=2.36/5.54
=0.43

* 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 NETSOL Technologies was 1.16. The lowest was 0.25. And the median was 0.50.


Be Aware

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


NETSOL Technologies Cyclically Adjusted Book per Share Related Terms

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


NETSOL Technologies (FRA:NS9B) Business Description

Industry
Traded in Other Exchanges
Address
16000 Ventura Blvd, Suite 770, Encino, CA, USA, 91436
NETSOL Technologies Inc is involved in providing information technology and enterprise software solutions. Its products and services include NFS Ascent, NFS Digital, Leasepak Cloud, Business consultancy, and information security services among others. The firm has North America, Europe, and Asia-Pacific segments, of which the majority of the revenue is derived from Asia-Pacific. It derives revenue from licensing, customization, enhancements, and maintenance of its financial applications. The company promotes and sells its products under the Netsol financial suite.

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