GURUFOCUS.COM » STOCK LIST » Technology » Software » DXC Technology Co (LTS:0I6U) » Definitions » Cyclically Adjusted Book per Share

DXC Technology Co (LTS:0I6U) Cyclically Adjusted Book per Share : $29.92 (As of Mar. 2024)


View and export this data going back to 2018. Start your Free Trial

What is DXC Technology Co 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.

DXC Technology Co's adjusted book value per share for the three months ended in Mar. 2024 was $15.718. 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 $29.92 for the trailing ten years ended in Mar. 2024.

During the past 12 months, DXC Technology Co's average Cyclically Adjusted Book Growth Rate was -1.60% per year. During the past 3 years, the average Cyclically Adjusted Book Growth Rate was 1.30% per year. During the past 5 years, the average Cyclically Adjusted Book Growth Rate was -1.50% per year. During the past 10 years, the average Cyclically Adjusted Book Growth Rate was -2.00% 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 DXC Technology Co was 13.80% per year. The lowest was -5.40% per year. And the median was 8.25% per year.

As of today (2024-06-08), DXC Technology Co's current stock price is $16.3412. DXC Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was $29.92. DXC Technology Co's Cyclically Adjusted PB Ratio of today is 0.55.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of DXC Technology Co was 2.95. The lowest was 0.36. And the median was 0.95.


DXC Technology Co Cyclically Adjusted Book per Share Historical Data

The historical data trend for DXC Technology Co'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.

DXC Technology Co Cyclically Adjusted Book per Share Chart

DXC Technology Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Cyclically Adjusted Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 34.56 29.23 30.11 30.24 29.92

DXC Technology Co 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 30.24 30.76 30.50 29.97 29.92

Competitive Comparison of DXC Technology Co's Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, DXC Technology Co'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.


DXC Technology Co's Cyclically Adjusted PB Ratio Distribution in the Software Industry

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

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



DXC Technology Co 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, DXC Technology Co'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)
=15.718/131.7762*131.7762
=15.718

Current CPI (Mar. 2024) = 131.7762.

DXC Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 27.584 100.560 36.147
201409 26.251 100.428 34.445
201412 23.618 99.070 31.415
201503 21.164 99.621 27.995
201506 21.658 100.684 28.346
201509 21.788 100.392 28.599
201512 15.963 99.792 21.079
201603 14.634 100.470 19.194
201606 14.025 101.688 18.175
201609 14.499 101.861 18.757
201612 13.519 101.863 17.489
201703 6.668 102.862 8.542
201706 42.173 103.349 53.773
201709 42.570 104.136 53.869
201712 44.955 104.011 56.955
201803 47.260 105.290 59.149
201806 40.711 106.317 50.460
201809 40.885 106.507 50.585
201812 40.841 105.998 50.773
201903 42.477 107.251 52.191
201906 41.698 108.070 50.845
201909 33.450 108.329 40.690
201912 34.516 108.420 41.952
202003 18.874 108.902 22.838
202006 18.076 108.767 21.900
202009 17.314 109.815 20.777
202012 22.230 109.897 26.656
202103 19.533 111.754 23.033
202106 19.989 114.631 22.979
202109 18.919 115.734 21.541
202112 19.434 117.630 21.771
202203 21.260 121.301 23.096
202206 20.558 125.017 21.670
202209 20.062 125.227 21.111
202212 20.287 125.222 21.349
202303 16.286 127.348 16.852
202306 15.907 128.729 16.284
202309 16.036 129.860 16.273
202312 16.801 129.419 17.107
202403 15.718 131.776 15.718

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


DXC Technology Co  (LTS:0I6U) 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.

DXC Technology Co's Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=16.3412/29.92
=0.55

* 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 DXC Technology Co was 2.95. The lowest was 0.36. And the median was 0.95.


Be Aware

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


DXC Technology Co Cyclically Adjusted Book per Share Related Terms

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


DXC Technology Co (LTS:0I6U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » DXC Technology Co (LTS:0I6U) » Definitions » Cyclically Adjusted Book per Share
Traded in Other Exchanges
Address
20408 Bashan Drive, Suite 231, Ashburn, VA, USA, 20147
DXC Technology Co is a vendor-independent IT services provider. The company's operating segment includes Global Business Services (GBS) and Global Infrastructure Services (GIS). It generates maximum revenue from the GIS segment. GIS offerings include Cloud and Security; IT Outsourcing and Modern Workplace. Geographically, it derives a majority of revenue from the Other Europe region.

DXC Technology Co (LTS:0I6U) Headlines

No Headlines