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R S Software (India) (NSE:RSSOFTWARE) Cyclically Adjusted Book per Share : ₹66.60 (As of Mar. 2024)


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What is R S Software (India) 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.

R S Software (India)'s adjusted book value per share for the three months ended in Mar. 2024 was ₹18.923. 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 ₹66.60 for the trailing ten years ended in Mar. 2024.

During the past 12 months, R S Software (India)'s average Cyclically Adjusted Book Growth Rate was -13.60% 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.

As of today (2024-05-27), R S Software (India)'s current stock price is ₹201.65. R S Software (India)'s Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was ₹66.60. R S Software (India)'s Cyclically Adjusted PB Ratio of today is 3.03.

During the past 13 years, the highest Cyclically Adjusted PB Ratio of R S Software (India) was 4.30. The lowest was 0.29. And the median was 0.47.


R S Software (India) Cyclically Adjusted Book per Share Historical Data

The historical data trend for R S Software (India)'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.

R S Software (India) Cyclically Adjusted Book per Share Chart

R S Software (India) 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 - - 83.30 77.10 66.60

R S Software (India) 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 77.10 75.88 72.51 70.73 66.60

Competitive Comparison of R S Software (India)'s Cyclically Adjusted Book per Share

For the Information Technology Services subindustry, R S Software (India)'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.


R S Software (India)'s Cyclically Adjusted PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, R S Software (India)'s Cyclically Adjusted PB Ratio distribution charts can be found below:

* The bar in red indicates where R S Software (India)'s Cyclically Adjusted PB Ratio falls into.



R S Software (India) 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, R S Software (India)'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)
=18.923/153.0345*153.0345
=18.923

Current CPI (Mar. 2024) = 153.0345.

R S Software (India) Quarterly Data

Book Value per Share CPI Adj_Book
201406 0.000 94.103 0.000
201409 78.713 96.780 124.465
201412 0.000 96.780 0.000
201503 83.023 97.163 130.764
201506 0.000 99.841 0.000
201509 95.527 101.753 143.670
201512 0.000 102.901 0.000
201603 89.237 102.518 133.209
201606 0.000 105.961 0.000
201609 85.490 105.961 123.469
201612 0.000 105.196 0.000
201703 83.094 105.196 120.881
201706 0.000 107.109 0.000
201709 79.286 109.021 111.295
201712 0.000 109.404 0.000
201803 73.091 109.786 101.884
201806 0.000 111.317 0.000
201809 67.766 115.142 90.067
201812 65.787 115.142 87.437
201903 61.899 118.202 80.140
201906 0.000 120.880 0.000
201909 54.936 123.175 68.253
201912 0.000 126.235 0.000
202003 29.209 124.705 35.844
202006 0.000 127.000 0.000
202009 25.693 130.118 30.218
202012 0.000 130.889 0.000
202103 21.208 131.771 24.630
202106 0.000 134.084 0.000
202109 20.530 135.847 23.127
202112 0.000 138.161 0.000
202203 15.085 138.822 16.629
202206 0.000 142.347 0.000
202209 11.703 144.661 12.380
202212 0.000 145.763 0.000
202303 11.775 146.865 12.270
202306 12.442 150.280 12.670
202309 13.186 151.492 13.320
202312 16.323 152.924 16.335
202403 18.923 153.035 18.923

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


R S Software (India)  (NSE:RSSOFTWARE) 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.

R S Software (India)'s Cyclically Adjusted PB Ratio of today is calculated as

Cyclically Adjusted PB Ratio=Share Price/Cyclically Adjusted Book per Share
=201.65/66.6
=3.03

* 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 R S Software (India) was 4.30. The lowest was 0.29. And the median was 0.47.


Be Aware

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


R S Software (India) Cyclically Adjusted Book per Share Related Terms

Thank you for viewing the detailed overview of R S Software (India)'s Cyclically Adjusted Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


R S Software (India) (NSE:RSSOFTWARE) Business Description

Industry
Traded in Other Exchanges
Address
A-2, 234/3A, Acharya Jagadish Chandra Bose Road, 1st Floor, FMC Fortuna, Kolkata, WB, IND, 700 020
R S Software (India) Ltd is engaged in providing technology solutions to the electronic payments industry. The company serves Networks; Processors; Banks; Merchants; Payment Service Provider and National Payments Infrastructure industries. It is engaged in the development and maintenance of computer software and other related services for its clients based in different geographies. The company operates in the United States, Japan, and Rest of the World of which it derives a majority of its revenue from India. Some of its products include RS RTPS; RS RTPS - DOSL; RS RTP - Connect; RS BillAbhi - Central and others.

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