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DXC Technology Co (STU:2XT) Cyclically Adjusted Book per Share : €27.46 (As of Mar. 2024)


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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 €14.461. 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 €27.46 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 €14.505. DXC Technology Co's Cyclically Adjusted Book per Share for the quarter that ended in Mar. 2024 was €27.46. DXC Technology Co's Cyclically Adjusted PB Ratio of today is 0.53.

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 31.93 24.91 27.45 28.08 27.46

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 28.08 27.52 28.26 27.22 27.46

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)
=14.461/131.7762*131.7762
=14.461

Current CPI (Mar. 2024) = 131.7762.

DXC Technology Co Quarterly Data

Book Value per Share CPI Adj_Book
201406 20.302 100.560 26.604
201409 20.370 100.428 26.728
201412 19.154 99.070 25.477
201503 19.556 99.621 25.868
201506 19.298 100.684 25.257
201509 19.413 100.392 25.482
201512 14.654 99.792 19.351
201603 13.141 100.470 17.236
201606 12.483 101.688 16.177
201609 12.918 101.861 16.712
201612 12.816 101.863 16.580
201703 6.234 102.862 7.986
201706 37.534 103.349 47.858
201709 35.716 104.136 45.196
201712 37.987 104.011 48.127
201803 38.328 105.290 47.970
201806 34.848 106.317 43.193
201809 35.038 106.507 43.351
201812 35.899 105.998 44.630
201903 37.593 107.251 46.190
201906 36.903 108.070 44.998
201909 30.372 108.329 36.946
201912 31.065 108.420 37.757
202003 17.081 108.902 20.669
202006 16.052 108.767 19.448
202009 14.699 109.815 17.639
202012 18.273 109.897 21.911
202103 16.408 111.754 19.348
202106 16.591 114.631 19.072
202109 16.081 115.734 18.310
202112 17.199 117.630 19.267
202203 19.304 121.301 20.971
202206 19.448 125.017 20.500
202209 20.262 125.227 21.322
202212 19.151 125.222 20.153
202303 15.211 127.348 15.740
202306 14.682 128.729 15.030
202309 15.026 129.860 15.248
202312 15.407 129.419 15.688
202403 14.461 131.776 14.461

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


DXC Technology Co  (STU:2XT) 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
=14.505/27.46
=0.53

* 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 (STU:2XT) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » DXC Technology Co (STU:2XT) » 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.

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